Strategy's bitcoin holdings have returned to profitability with an unrealized gain of about $1.4 billion after Bitcoin's price rose nearly 22% over five days, recovering from a 54% drop earlier this year. The company holds 840,447 BTC at an average cost of $75,385, with Bitcoin now trading near $77,000. Strategy also repurchased $347 million of its perpetual preferred stock (STRC), over a third of its $1 billion buyback plan, pushing STRC's price up 35% from June lows toward its $100 par value. These moves, alongside a $4.8 billion USD reserve, strengthen the company's financial position amid Bitcoin's renewed upward momentum.
Ross Stores reported a strong quarter with a 14% increase in total sales to $6.3 billion and nearly doubled net income year-over-year, driven by a 10% rise in comparable store sales. The company exceeded Wall Street expectations, boosted by $253 mill...
Ethereum's U.S. spot ETFs recorded a net cash inflow of $220.77 million on August 20, the highest since October 2025, driven mainly by BlackRock's iShares Ethereum Trust ETF. This inflow reflects growing demand from institutional investors and whales...
PermRock Royalty Trust announced a monthly cash distribution of $0.021782 per unit, totaling $265,001.53, payable September 15, 2026, based on June 2026 oil and gas production. Oil sales volumes increased slightly but were offset by lower prices, whi...
Ripple CEO Brad Garlinghouse announced the company is aggressively integrating artificial intelligence to accelerate its business growth and workforce expansion. Ripple, with about 1,500 employees and 94 open roles, expects to more than double its an...
Meridian Mining plc has applied to admit 195,520 new ordinary shares to trading on the London Stock Exchange, expected on August 26, 2026. These shares are issued following the exercise of awards under the company's Omnibus Plan 2025 and will rank eq...
