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Strategy vows to relentlessly accumulate BTC, promising 10–20 per sale
companies15 days ago

Strategy vows to relentlessly accumulate BTC, promising 10–20 per sale

Strategy, Inc. chairman Michael Saylor said the firm would replenish any bitcoin it sells with 10 to 20 more BTC, aiming to be a net accumulator even if occasional bitcoin sales fund STRC dividends; the company holds about 818,334 BTC worth roughly $66.2 billion and could pause sales if it’s more accretive to shareholders, with JPMorgan analysts predicting BTC purchases could reach about $30 billion this year if the pace continues. The block also notes strength in Strategy’s software/AI business, and the stock rose on the news.

via The Block|
#bitcoin#bitcoin-accumulation#companies
Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk
companies3 months ago

Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk

Strategy CEO Phong Le said the balance sheet is safe unless Bitcoin falls to about $8,000 and remains there for five to six years; the company posted a $12.6 billion quarterly net loss from unrealized BTC losses as Bitcoin traded around $64,800, while Michael Saylor dismissed quantum-threat concerns as 'horrible FUD' and announced a Bitcoin Security program to bolster resilience amid the crypto sell-off.

via The Block|
#bitcoin#companies#michael-saylor
Top Remote Jobs and Companies Hiring in 2025
business1 year ago

Top Remote Jobs and Companies Hiring in 2025

Despite a decline in remote work popularity post-pandemic, the demand for remote jobs remains high, with over 1.1 million global searches monthly. A list of 20 companies hiring for fully remote positions in 2025 includes Allstate, Amgen, Atlassian, and Spotify, among others. These companies offer various remote work policies, from hybrid models to fully remote options, providing job seekers with numerous opportunities to find remote work that aligns with their preferences and values.

via Forbes|
#business#companies#employment
GSK Shares Plunge 9% as Delaware Court Allows 70,000 Zantac Lawsuits
companies2 years ago

GSK Shares Plunge 9% as Delaware Court Allows 70,000 Zantac Lawsuits

GSK shares plummeted over 9% after a Delaware judge allowed more than 70,000 lawsuits alleging that the discontinued heartburn drug Zantac caused cancer to proceed. The ruling, which GSK plans to appeal, has significantly impacted the company's market value, wiping out nearly 7 billion pounds. Analysts predict the potential liability could exceed initial market assumptions of $2 billion to $3 billion. The decision follows a recent jury verdict in Chicago that favored GSK, rejecting claims that Zantac caused colon cancer.

via Reuters|
#cancer#companies#gsk