Strive has increased its Bitcoin treasury to exactly 25,000 BTC by purchasing 469 BTC for about $36.6 million between September 8 and 11, paying an average price of $77,954 per coin. This purchase was funded through proceeds from its SATA preferred stock, avoiding dilution of common shares. The company also holds $204.2 million in cash and $49.81 million in Strategy’s STRC preferred stock, maintaining a diversified balance sheet. CEO Matt Cole highlighted that Strive's amplification ratio, a measure of Bitcoin exposure relative to net asset value, rose to 53.5%, reflecting growing Bitcoin exposure for shareholders. This move continues Strive's aggressive Bitcoin accumulation strategy, positioning it as a major corporate Bitcoin holder with significant exposure to BTC price fluctuations.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
