Strategy CEO Phong Le announced the company will increase its Bitcoin holdings again before the end of 2026, despite recent sales that lowered its reserve to 840,447 BTC. The company sold 3,328 BTC recently to raise $213.3 million, which was used to repurchase preferred stock (STRC) and build its US dollar reserve to $4.65 billion. The next Bitcoin purchases depend on the recovery of STRC stock to its $100 par value, which would allow Strategy to issue more preferred shares and fund further Bitcoin acquisitions. This approach balances capital management with long-term Bitcoin accumulation plans, aiming to support dividends and preferred stock obligations while maintaining liquidity.
Rosen Law Firm is investigating a class action lawsuit against Barclays PLC for allegedly providing misleading information about its exposure to UK mortgage lender Market Financial Solutions Ltd (MFS). The issue arose after a Reuters report revealed ...
Nvidia's stock has dropped for six straight sessions, the longest decline in four years, ahead of its August 26 earnings report. The sell-off is driven by uncertainty over earnings and high market expectations for Nvidia's AI business, despite strong...
Chainlink's price pulled back after a whale moved $2.3 million worth of LINK to Coinbase, adding sell-side pressure. Despite this, the broader market showed $8.35 million in net spot outflows, indicating stronger overall demand as withdrawals exceede...
US equity markets retreated from record highs due to rising long-term Treasury yields and ongoing fiscal concerns after the federal debt surpassed $40 trillion. Oil prices climbed nearly 5% to around $87 per barrel, driven by stalled Iran negotiation...
Solana has become the top blockchain for tokenized stocks in decentralized finance (DeFi), holding $75.4 million in related deposits. This represents about 64.5% of the total tokenized-stock DeFi market, surpassing platforms such as Ethereum, BNB Cha...
