Strategy, formerly MicroStrategy, introduced new Bitcoin financial metrics to clarify the actual Bitcoin value available to common shareholders after accounting for $22 billion in lender and preferred investor claims. The company holds about 843,775 Bitcoin valued at $58 billion, but only $36 billion is attributable to common shareholders, termed as the "net reserve." The metrics also highlight the $1.8 billion annual cost of debt and dividends and introduce an "amplification" measure showing leverage effects on shareholder returns. These updates aim to provide greater transparency and reflect the true shareholder value amid the company's leveraged Bitcoin strategy.
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
The iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) is rated HOLD due to its recent price recovery, which limits further significant gains. Future returns are expected to come mainly from its 5.1% yield rather than price increases or spread t...
Norsk Hydro reported solid Q2 2026 results, with revenue up 6% to NOK 56.49 billion and adjusted EBITDA rising 15% to NOK 8.92 billion. The company is transforming into a vertically integrated, low-carbon aluminum leader, leveraging renewable energy ...
Dover Corporation reported a strong second quarter with expanded gross and operating margins and a 15% year-over-year increase in last twelve months bookings, driven by diverse markets including data centers and AI segments. Although the company miss...
