Major companies such as Samsung Electronics, Hyundai Motor, and LG Electronics have been making large-scale treasury stock purchases one after another since the beginning of the year. The current rush ...
Raised $225M, paid off 92% of Semler debt, bought 334 BTC. Now holds 13,132 Bitcoin worth $1.17B. Shares fell 2.23% to $0.80.
The stock slid 0.78% after-hours, a minor pullback after rallying 14% during Tuesday's regular trading session. The London-headquartered firm completed a $19 million equity raise through an additional ...
The ruling Democratic Party of Korea has proposed a tax law amendment clarifying that corporate treasury stock purchases should be classified as “capital transactions” rather than “asset transactions.
The MSCI announced that the current index treatment of digital asset treasury companies identified in the preliminary list, whose digital asset holdings account for 50% or more of their total assets, ...
Strategy borrowed $1.4 billion in March 2024 to buy more Bitcoin, sending its stock up 170% while Bitcoin "only" rose by 64%. Strategy's debt-fueled Bitcoin purchases create both opportunity and risk ...