Strategy has halted Bitcoin purchases for four weeks, its longest pause in two years, despite holding 843,775 BTC at an average cost of $75,476 per coin. The company faces an unrealized loss of about $8.6 to $9.3 billion due to current Bitcoin prices around $64,600–$65,000. Rising preferred stock dividend obligations, now at 12%, and a drop in the market cap to net asset value ratio below 1 have constrained further Bitcoin acquisitions. Strategy is instead building cash reserves and revising its capital allocation framework, with upcoming Q2 financial results expected on July 30 to provide more clarity on its strategy moving forward.
Milestone Pharmaceuticals announced the grant of 33,000 stock options to a newly hired employee as an inducement under Nasdaq Listing Rule 5635(c)(4). The options, priced at $0.72 each, will vest over four years with a one-year cliff and monthly inst...
Bitcoin's price fell 1.60% within an hour to $75,855 as of Nov. 3, reflecting a $1,233 decline from the previous hour and a 1.31% drop over 24 hours. The market saw significant long liquidations totaling $33.55 million across major exchanges Binance,...
Solana (SOL) traded below the $90 mark, reaching 89.96 USDT, reflecting a 2.06% decline over the past 24 hours. This drop is notable as it falls below the previous $100 threshold. Solana's network supports digital assets and applications, making its ...
Zcash (ZEC) surged 8.6% to $1,230.91 ahead of its largest network upgrade, NU7, scheduled to activate at block 3,543,405 around November 6, 2026. The upgrade shortens block times from 75 to 25 seconds and introduces new fee mechanisms, requiring node...
Douglas Dynamics reported a strong third quarter with revenue up 34.5% and adjusted earnings per share exceeding forecasts despite some headline misses. The company's Work Truck Attachments segment, PLOW, drove growth due to strong preseason demand a...
