In June, Strategy Inc. and Strive Inc. collectively purchased 6,989 Bitcoin, funded by about $400 million raised through preferred equity instruments rather than issuing common stock or debt. Strategy acquired 3,625 BTC net, while Strive bought 3,364 BTC, with each company using preferred equity products (STRC for Strategy and SATA for Strive) offering yields of 11-13%. This approach allows them to accumulate Bitcoin without diluting shareholders, effectively borrowing at a potentially negative real cost if Bitcoin prices rise. Strategy now holds over 845,000 BTC, about 4% of total Bitcoin supply, and Strive nearly 20,000 BTC. Their combined purchases absorbed roughly 15 days of new Bitcoin supply, highlighting strong demand amid tightening supply after the 2024 halving event.
Global consulting firm Protiviti was recognized by Fast Company as one of North America's Best Workplaces for Innovators in 2026, highlighting its strong focus on embedding innovation and AI training into its workplace culture. The firm supports empl...
Centrus Energy and Radiant have agreed on a multi-year contract for Centrus to supply high-assay, low-enriched uranium (HALEU) fuel to support Radiant's deployment of Kaleidos microreactors. This deal adds a domestic U.S. source of HALEU, crucial for...
Salazar Resources reports steady progress on the El Domo polymetallic mine project in Ecuador, with $66.2 million spent on construction through June 2026. The project, operated by Silvercorp with Salazar holding a 25% carried interest, aims for commi...
Canada Nickel Company has filed independent technical reports confirming the initial mineral resource estimate for its Nesbitt Nickel Sulphide Project and an updated estimate for its Deloro Nickel Sulphide Project, both located near Timmins, Ontario....
Passage Research initiates coverage of Meta Platforms with a strong buy rating and a price target of $882, highlighting the company's undervaluation and strong growth in its core advertising business. Meta's Family of Apps segment generates over 97% ...
