Strategy Inc. reported a $12.54 billion net loss in Q1 2026 due to $14.46 billion in unrealized bitcoin valuation losses, despite an 11.9% revenue increase to $124.3 million. The company expanded its bitcoin holdings to 818,334 BTC, financed largely through preferred stock offerings (STRC) and equity sales, raising over $11 billion year-to-date. While bitcoin volatility caused sharp earnings swings, Strategy's CEO highlighted growing bitcoin adoption and strong demand for STRC financing. The company paused bitcoin purchases after 108 buys, focusing on managing its large bitcoin exposure and balancing growth with earnings volatility.
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
