Strive Asset Management purchased 2,500 bitcoins for about $185.2 million at an average price of $74,092 each between May 23 and June 1, increasing its bitcoin holdings to 19,000 BTC. This acquisition made Strive the 7th-largest public corporate bitcoin holder, surpassing Coinbase and Riot Platforms. The purchase was timed during a bitcoin price dip from above $74,000 to around $70,800, contrasting with competitor Strategy's sale of 32 BTC to fund dividends. Strive funds its bitcoin treasury through perpetual preferred stock offerings, maintaining zero debt and strong cash reserves. Benchmark analysts gave Strive a Buy rating with a $32 target price, indicating potential 93% upside from recent share prices. Bitcoin prices fell to about $68,500 during this period, marking a one-month low.
A study by i10X Research reveals significant bias in AI-driven job application evaluations, where identical resumes written by different AI models receive vastly different hire recommendations. The study analyzed 100 candidate profiles across four AI...
Adswerve has been selected as a North American partner for Google's new GCS Implementation Partner (GIP) program, part of the Data Strength Partner Program. This partnership helps brands improve first-party data infrastructure to recover lost convers...
In 2026, five small-cap stocks in the Russell 2000 index have each gained more than 400%, significantly outperforming major players like Micron and Dell, which rose about 260%. Four of these companies supply key components for AI infrastructure, incl...
SpaceX has increased its revolving credit facility from $1.5 billion to $5 billion, a 233% rise, just before its IPO. This move significantly enhances the company's financial flexibility, suggesting it is preparing for large investments in projects l...
Suntex Enterprises completed the acquisition of 100 acres in South Texas for approximately $2.5 million through its subsidiary Red Spur Land & Ranch Co. This land purchase marks the start of a multi-phase mixed-use development project including resid...
