Strategy purchased 4,603 Bitcoin for $369.7 million at an average price of $80,318 per coin, increasing its total Bitcoin holdings to 845,050 BTC. This purchase price is above the company's average cost basis of $75,412 per Bitcoin. The acquisition was funded through share sales, raising $602.8 million, and Strategy's net leverage remains at zero with $6.71 billion in USD assets. Bitcoin's price hovered near $77,600, slightly below Strategy's average purchase price, with analysts watching key support levels around $74,000 to $77,000 as the market awaits a decisive move in September.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
Kaplan Fox & Kilsheimer LLP is investigating The Ensign Group for potential securities violations following a report accusing the company of providing inadequate care and manipulating quality data. The report, published by Hunterbrook Media, led to a...
The Hanover Insurance Group announced a quarterly dividend of $0.95 per share, payable on September 25, 2026, to shareholders of record as of September 11, 2026. This dividend reflects the company's ongoing commitment to returning value to shareholde...
IREN Limited reported a challenging quarter with a $684 million net loss due to impairments but showed AI cloud revenue doubling sequentially. Meanwhile, Nebius Group delivered a 454% revenue increase, driven by large AI cloud contracts and strong ma...
Baird analyst maintains an 'Outperform' rating on Palantir Technologies with a $200 price target, citing the company's strong position in AI and its ontology platform as key competitive advantages. Palantir's recent Q2 2026 results showed a 93% reven...
