Strategy, formerly MicroStrategy, has introduced STRC, a perpetual preferred stock offering an 11.5% annual dividend, to finance its Bitcoin purchases without relying on common stock or convertible debt. This new instrument has quickly become central to its Bitcoin acquisition strategy, raising over $10 billion and allowing the company to reduce its convertible debt. STRC combines equity and debt features, providing investors with a double-digit yield tied to Strategy's large Bitcoin holdings. The success of STRC could pave the way for a broader institutional Bitcoin-linked credit market, though risks remain if Bitcoin prices fall or financing costs become unsustainable.
Dell Technologies revealed that many of its largest customers are signing multi-year contracts for AI servers without guaranteed prices, prioritizing access over cost amid high demand and supply shortages. The company faces challenges in predicting c...
Lowe's Companies, Inc. announced a quarterly cash dividend increase to $1.25 per share, up 4% from the previous $1.20. The dividend will be paid on August 5, 2026, to shareholders of record as of July 22, 2026. This marks over 25 consecutive years of...
Future Fuels Inc. has completed its acquisition of Hatchet Uranium Corp. through a three-cornered amalgamation, creating a new subsidiary named Future Fuels Athabasca Inc. This acquisition adds a large uranium exploration portfolio of nearly 97,674 h...
Range Resources Corporation announced a quarterly cash dividend of $0.10 per common share for the second quarter. The dividend will be paid on June 26, 2026, to shareholders of record as of June 12, 2026. This dividend reflects the company's ongoing ...
Dell Technologies reported Q1 revenue of $43.84 billion and adjusted earnings of $4.86 per share, both well above analyst expectations, driven by strong AI infrastructure demand. The company's Infrastructure Solutions Group revenue surged 181% to $29...
