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Saylor's Strategy Shores Up Capital Structure With More Bitcoin, Stock Sales
Saylor's Strategy Shores Up Capital Structure With More Bitcoin, Stock Sales
Michael Saylor’s Strategy Inc. is plowing ahead with its pivot from relentlessly buying Bitcoin to focusing on shoring up its capital structure by raising its reserve via sales of the token and its own shares.
The company that grew to prominence with its years-long Bitcoin-accumulation tactic on Monday announced that it had last week completed a roughly $105 million sale of the digital asset, offloaded three million shares worth $291 million and repurchased some $81 million of of its STRC...
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Aug 25, 2026 / Kyle Anzalone
Trump Claims All Mines Cleared from Strait of Hormuz
President Donald Trump said that all mines have been removed from the Strait of Hormuz. “I have just been informed by the United States Navy that all mines have been removed and/or detonated from within the International Waters of the Strait of Hormuz,” the President wrote on Tuesday. “Iran has been notified that any ship […]
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Nov 8, 2026 / Dave DeCamp
Report: GOP Leaders Expect House To Impeach Hegseth
Axios reported on Sunday that GOP leaders in the House are bracing for enough Republican defections to impeach US Secretary of War Pete Hegseth when the resolution comes to a vote, which is expected to happen this week. Rep. Thomas Massie (R-KY) introduced a resolution in September that includes eight articles of impeachment, accusing Hegseth […]
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May 28, 2026 / Tyler Durden
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show.
Refinancing decreased by 18 percent for the week ending May 22 and is up by 19 percent from the same time a year ago, according to the Mortgage Bankers Association.
“Many borrowers understandably backed away from refinancing last week,” Joel Kan, the firm’s vice president and deputy chief economist, said in a statement.
The decline...
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