Strategy sold 6,916 bitcoins at an average price of $62,200 between late June and mid-August to finance dividends and strengthen its financial position. A few weeks later, it repurchased 4,603 bitcoins at a higher average price of $80,318, reflecting a flexible approach to managing its bitcoin holdings rather than trying to time the market. The company now holds 845,050 bitcoins and has improved its balance sheet significantly, reducing net debt to nearly zero. Strategy's CEO emphasizes that the priority was financial stability, and the company is now open to both buying and selling bitcoins as needed, moving away from its previous stance of holding every bitcoin indefinitely.
USA Rare Earth (USAR) is positioned for significant growth by supplying essential rare earth elements like neodymium, praseodymium, dysprosium, and gallium from its Round Top mine. These elements are critical for national security and defense, suppor...
Microsoft announced its next quarterly dividend of $0.91 per share, payable on September 10, 2026, to shareholders recorded by August 20, 2026. This dividend matches the previous two payments this year, reflecting the company's consistent dividend po...
Nvidia reported exceptional fiscal Q2 results with revenue reaching $96.2 billion, a 106% increase year-over-year, largely fueled by its Vera Rubin AI platform. The company's growth strategy is evolving from merely selling accelerators to capturing a...
Lighter (LIT), the token of a decentralized exchange, rose over 15% in 48 hours, reaching nearly $3.94 but has struggled to surpass the $4 mark despite strong August gains. The DEX saw increased trading volume and revenue, partly due to integration w...
Metal Energy Corp. has deployed a second diamond drill rig at its NIV copper-gold project in British Columbia's Toodoggone District, doubling its drilling capacity for the remaining four weeks of the 2026 season. Six holes totaling about 4,200 meters...
