Bitcoin remains capped below $66,000 despite broader market gains, as concerns grow that Strategy may need to sell more Bitcoin to fund dividend payments. Strategy recently bought back $1.5 billion in convertible notes and raised $200 million through share sales to extend its dividend payment runway to about 7.5 months. This ongoing overhang is limiting Bitcoin's price growth, with market confidence hinging on Strategy's ability to lengthen its financial runway through continued share issuance. Until then, Bitcoin's price is unlikely to fully benefit from positive macroeconomic developments.
PSB Holdings, Inc. announced a quarterly cash dividend of $0.18 per share payable on July 31, 2026, to shareholders of record as of July 10, 2026. This dividend continues the company's 61-year tradition of paying cash dividends, including 33 consecut...
PayPal is closing its corporate venture capital unit, PayPal Ventures, which has shrunk from over 10 staff to just two. The company is considering selling some venture stakes with Jefferies advising on potential deals. This move follows leadership ch...
Acme United Corporation's Board of Directors approved a cash dividend of 16 cents per share on its common stock. The dividend will be paid on July 23, 2026, to shareholders recorded as of July 2, 2026. This move reflects the company's ongoing commitm...
The United States Mint announced it is accepting subscription orders for the Comic Art Three-Medal Set, 2025 Super Heroes, featuring one-ounce silver medals of Superman, Batman, and Wonder Woman. This set is part of the Comic Art Coin and Medal Progr...
New research from Corebridge Financial reveals that only 28% of workers and retirees feel psychologically comfortable spending their retirement savings, despite 60% associating retirement with freedom and enjoyment. The main cause of this anxiety is ...
