Strategy, formerly MicroStrategy, has grown its Bitcoin holdings to approximately 840,447 BTC since its first purchase of 21,454 BTC in August 2020. This represents about 4% of Bitcoin's total capped supply of 21 million coins. The company funds its Bitcoin acquisitions mainly through equity and preferred stock issuance, turning its stock into a Bitcoin buying vehicle. While this strategy has significantly increased its Bitcoin assets, it also ties the company's financial health closely to Bitcoin's volatile price. Strategy's rebranding in 2025 reflects its shift from software to a Bitcoin treasury-focused business, highlighting its long-term commitment to holding Bitcoin despite operational cash needs and market fluctuations.
Hims & Hers Health, Inc. reported a second-quarter 2026 earnings per share (EPS) loss of $0.10, missing the expected loss of $0.05. However, the company exceeded revenue expectations with $753.21 million, above the $698.89 million estimate, driven by...
Shares of Bowman Consulting, Varex Imaging, and MarineMax jumped significantly after each announced all-cash acquisition agreements valued between $1 billion and $1.5 billion. Bowman Consulting agreed to be acquired by Bernhard Capital Partners for $...
Several companies including INNOVATE Corp., Lincoln Educational, and Bitdeer Technologies saw their stock prices drop by more than 20% despite reporting strong revenue growth and positive operational results. INNOVATE Corp. led the decline with a 39....
Camtek reported record Q2 2026 revenue of $133.2 million, up 8% year-over-year, fueled by advanced packaging for AI applications which made up 75% of sales. Earnings per share of $0.78 beat estimates, and the company projects Q3 revenue between $158 ...
WPP is executing its Elevate28 restructuring plan to simplify operations into four units: Creative, Media, Production, and Enterprise Solutions. Despite improved new business wins and slower revenue decline, WPP still faces a 4.7% revenue drop in ear...
