Strategy Inc. maintained its bitcoin holdings steady at 840,447 BTC as of August 16, 2026, while increasing its U.S. dollar cash reserve to $4.8 billion. The company funded this cash boost through net proceeds of $333.7 million from selling common stock, repurchasing $132.2 million of its preferred stock (STRC), and paying $52.4 million in preferred stock dividends. This cash reserve acts as a liquidity buffer separate from its bitcoin assets, supporting dividend and debt obligations. Strategy's approach reflects a cautious balance between holding bitcoin as a reserve asset and maintaining strong liquidity amid market pressures and ongoing capital management decisions.
Cybersecurity stocks rallied strongly following better-than-expected Q2 2027 earnings reports from Okta and CrowdStrike. Okta's shares jumped 22% after reporting $805 million in revenue and positioning itself as a key security layer for AI agents, wh...
Ethena's ENA token surged about 25% since Aug. 21, peaking near $0.18 on Aug. 23 before pulling back to around $0.147 amid profit-taking. The rally was driven by a new $1 billion secured lending facility with FalconX, enabling institutional loans bac...
Target reported a strong Q2 fiscal 2027 with 5.27% revenue growth and rising store traffic, driving a 78% share price increase in 2025. Despite this, Wall Street remains skeptical, with many analysts holding or selling the stock. The company raised i...
Blast Resources Inc. has appointed Andy Yackulic, a seasoned uranium exploration executive with over 20 years of experience, to its board of directors. Yackulic's expertise, including leadership roles at Denison Mines and Cameco, is expected to enhan...
Lunai Bioworks, an AI-driven precision medicine company, filed a Second Amended Complaint in U.S. District Court accusing six registered broker-dealers and two principals of securities fraud and market manipulation. This legal action expands the list...
