Strategy Inc., formerly MicroStrategy, raised about $15 billion by creating new hybrid securities with the help of AI tool ChatGPT. Traditional convertible bonds had reached their limits, so the company used AI to design innovative preferred stock instruments blending debt and equity features. These funds were aggressively invested in Bitcoin, increasing holdings to over 843,000 BTC by May 2026. This approach shows AI's growing role in corporate finance and could influence institutional Bitcoin adoption, though it also concentrates risk in Bitcoin's price performance.
The Rosen Law Firm is investigating potential securities claims against Hyliion Holdings Corp. following allegations that the company misled investors with materially false business information. This comes after a short-seller report questioned the l...
U.S. spot Bitcoin ETFs attracted $853.5 million in net inflows over five consecutive sessions from August 3 to 7, reversing the previous week's withdrawals. This inflow is nearly five times the total for all of July, driven mainly by BlackRock's IBIT...
CarGurus reported better-than-expected Q2 2026 results, showing 13% revenue growth and gains in dealer engagement thanks to AI-driven tools like PriceVantage and VINMax. The company is expanding internationally and maintains a clean balance sheet wit...
The S&P 500 reached all-time highs this week, boosted by record options trading volumes and a drop in the Cboe Volatility Index (VIX) to its lowest level since January. Over four million S&P 500 index call options traded on Tuesday, breaking previous...
Bitcoin balances on major exchanges saw a daily net outflow of about 1,466 BTC, while weekly and monthly inflows remained positive, indicating short-term repositioning rather than a broad market shift. Binance trading volumes across Asia, Europe, and...
