15m ago
Strategy sells 1,690 bitcoin for $108.6 million at $64,262 each, below its $75,385 average cost
Strategy sold 1,690 bitcoin last week for $108.6 million, at an average price of $64,262 per coin, below its $75,385 average purchase cost. The company raised $653.1 million from selling MSTR shares, directing $650 million into its dollar reserve. Proceeds from the bitcoin sale were used to buy back 1,152,020 STRC preferred shares. Strategy’s dollar reserve reached $4.65 billion, while it held 840,447 bitcoin with an unrealized paper loss of about $9.7 billion.
BTC
BTC-0.20%
15m ago
34m ago
Foxconn’s AI server unit becomes top revenue driver, taking 51% share in Q2
Foxconn’s second-quarter results show its cloud and networking business, driven by AI servers, accounted for 51% of revenue for the first time. That surpassed the smart consumer electronics segment, which includes the iPhone, at 29%. Net profit rose 35% year on year to NT$59.97bn (about $1.86bn), a record for a second quarter, on consolidated sales of NT$2.53 trillion, up 41%. First-half net profit climbed 27% to NT$109.89bn, while operating margin improved by 0.6 percentage points to 3.75%.
34m ago
36m ago
BNB Chain stablecoin holder addresses reach 79.3 million, overtaking Tron
BNB Chain’s number of stablecoin-holding addresses has climbed to 79.3 million, surpassing Tron’s 76.1 million and ending Tron’s long-running lead in the ranking. The count is up 54.5% since late 2024, rising from roughly 42 million to nearly 80 million. Ethereum follows with about 26 million addresses, ahead of Celo at 24.5 million and Polygon at 21.7 million. BNB trades around $610.70, up 7.2% over the past 30 days, and is testing its 100-day moving average near $602 with the 200-day moving average around $647 as the next resistance.
BNB
BNB+1.10%
36m ago
2h ago
Orient Press Q1 net loss widens to ₹125.26 lakh as revenue falls 18%
Orient Press posted a wider net loss of ₹125.26 lakh for the quarter ended June 30, 2026, as total income from operations fell 18% year on year to ₹2,152.77 lakh. The company’s loss deepened from ₹79.15 lakh a year earlier, while basic and diluted EPS slipped to ₹(1.25) from ₹(0.79). Separately, the board appointed Bhanwarlal Gurjar & Co. as cost auditor for FY 2026-27, subject to shareholder approval.
2h ago