MicroStrategy acquired 1,031 bitcoins last week, spending $76.6 million at an average price of $74,326 per bitcoin, marking a significant slowdown from prior weekly purchases exceeding $1 billion. The purchase was funded solely by selling common shares, unlike previous acquisitions financed through preferred stock offerings. The company's total bitcoin holdings now stand at 762,099 BTC, with an average acquisition cost of $75,694 per bitcoin, which is higher than the current market price near $70,000. Despite the reduced volume, MicroStrategy continues its consistent bitcoin accumulation strategy, maintaining its position as the largest corporate bitcoin holder globally.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
