Strategy has realized over $102 million in losses from selling Bitcoin below its average purchase price in 2026 to meet dividend and buyback obligations. The company still holds about 840,000 BTC with unrealized losses near $10.6 billion due to Bitcoin prices staying below its cost basis. Despite losses, Strategy prefers selling Bitcoin over issuing new shares as its stock trades below net asset value. The firm’s preferred-stock dividend obligations have surged to $1.2 billion annually, pressuring it to continue monetizing its Bitcoin holdings while also making smaller purchases to manage liquidity. Investors are watching closely as the company’s stock has dropped nearly 40% this year amid ongoing sales and significant unrealized losses.
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
Zcash mining currently generates about $708 per megawatt-hour (MWh) of electricity, nearly four times the $179 per MWh earned by Bitcoin mining with comparable equipment. This higher gross revenue is driving new miners and institutional players to Zc...
Oracle reported a strong quarter, surpassing revenue and earnings per share expectations driven by accelerating cloud infrastructure growth and strong AI demand. Despite a 770 basis point year-over-year gross margin decline and negative free cash flo...
On the 25th anniversary of 9/11, billionaire John Catsimatidis warned that countries like Russia, North Korea, China, and Iran are actively trying to undermine President Donald Trump ahead of the November election. He expressed disappointment with Ca...
Lakeland Industries remains a Buy, but the price target was lowered from $18.00 to $14.50 due to revised margin expectations and increased litigation risk from new PFAS multidistrict lawsuits. While gross margin improved to 37%, only half of that is ...
