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.
BlackRock, Inc. has reported that its direct and indirect ownership in Orion Oyj has dropped below the 5% threshold as of June 15, 2026. This change requires a formal disclosure under Finnish securities law. The reduction in BlackRock's stake may aff...
On June 15, 2026, BlackRock, Inc. and its funds reduced their total holdings in Orion Corporation to below 5% of the company's shares and voting rights. This change was disclosed under the Finnish Securities Market Act, indicating a decrease from a p...
US stock futures showed mixed results with the S&P 500 slightly down while the Dow Jones and Nasdaq 100 edged higher following a recent rally. The market reacted to a preliminary US-Iran agreement aimed at extending a ceasefire and reopening the Stra...
MindWalk Holdings Corp. emphasizes the importance of a connected, trustworthy biological data layer over AI model size in drug discovery. The company launched ReefIQ™, a biological context layer, and LensAI™, a reasoning platform, aiming to reduce co...
Space Exploration Technologies Corp. (SpaceX) saw its shares surge over 11% in premarket trading, pushing its market capitalization close to $3 trillion, surpassing Amazon to become the fifth-largest company globally. This rapid valuation increase ha...
