Strategy STRC June 30 ex-dividend date and dividend rate reset explained

Strategy’s (MSTR) perpetual preferred stock, STRC, is down 3% during Friday’s pre-market and is trading below $73 around 27% below its $100 par value, as investors focus on June 30, a date that brings two important events. First, June 30 is the ex-dividend date. Investors who own shares before the…

Australia to bolster teen social media ban amid concerns over effectiveness

Pakorn Supajitsoontorn/iStock via Getty Images Australia will strengthen its social media ban for children aged under 16, Prime Minister Anthony Albanese told the Australian Broadcasting ​Corporation, amid concerns over the landmark move’s effectiveness. “What we want to do is to make sure that the laws are Source link

Ethereum treasury firm Sharplink takes in ether for the first time in eight months

Sharplink (SBET) received 5,000 ether (ETH) worth about $7.85 million on Thursday, its first ether inflow in eight months, according to Arkham data showing the coins arriving from crypto brokerage FalconX. The inflow is small against the company’s existing pile and lands at an awkward moment. Sharplink held 876,285 ether…

Japanese giant SBI Holdings to buy Bitbank for $289 million

Japanese financial services giant SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million. The Tokyo-based bank first floated the idea at the start of last month, framing it as part of a broader strategy to expand its crypto business ahead of potential regulatory developments in…

Honda CEO wins shareholder backing as he apologizes for FY loss – report

Tomohiro Ohsumi/Getty Images News Honda Motor (HMC) shareholders voted in favor of reappointing CEO Toshihiro Mibe to the board after he apologized for the automaker’s weak results at its annual meeting ​on Friday. The company last month posted its first annual loss since it Source link

Strategy’s $13 billion paper loss dwarfs dogecoin, BlackRock’s BUIDL and hundreds of other tokens

Strategy (MSTR) is sitting on one of the largest unrealized losses in corporate history and it’s bigger than some of crypto’s most prominent projects. The software-turned-bitcoin-treasury company holds roughly 844,000 BTC, acquired at an average price near $75,600, according to data source BitcoinTreasuries.net. With BTC trading near $60,000 as of…

Aker Solutions wins Cenovus White Rose field deal (CVE:NYSE)

Aker Solutions (AKRTF) has signed a sizeable five-year agreement with Cenovus Energy (CVE) for engineering and maintenance services on White Rose field assets. The White Rose field is located approximately 350 km east of St. John’s, Newfoundland and Labrador, Canada Source link

Majors lead a broad crypto selloff as tech stocks tumble

South Korea’s Kospi tumbled as much as 9%, triggering its second trading halt of the week, as chipmakers SK Hynix and Samsung both fell more than 8%. Nasdaq 100 futures fell 1.5%. Brent crude slipped below $74 a barrel, easing little of the pressure, after a projectile strike on a…