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.
Morin Brit, a director at Life360, sold 15,582 shares of the company, generating $1 million from the transaction. This sale may indicate a personal financial decision or portfolio adjustment by the director. Investors might watch for any further insi...
AbCellera Biologics announced positive Phase 2 trial results for its experimental menopause drug ABCL635, which significantly reduced hot flash frequency by 83%. The stock surged 33.19% to a 52-week high of $11.32, boosting the company's market cap t...
TOMI Environmental Solutions reported a 118% year-over-year revenue increase to $2.25 million, surpassing analyst estimates of $1.84 million. The company also beat EPS expectations with a loss of $0.05 per share, better than the anticipated loss of $...
Seaport Global raised the price target for Madison Square Garden Sports Corp. to $473, reflecting a 17.13% potential upside. The company reported strong fiscal Q4 results with earnings per share of $1.19, beating estimates of $0.72, and revenue risin...
Airbus is outperforming Boeing in commercial aircraft orders, securing 821 net orders in H1 2026 compared to Boeing's 408. Morgan Stanley maintains an "Overweight" rating on Airbus, raising its price target to €255, reflecting confidence in the compa...
