Strategy Inc Boosts Cash to $2.19B, Pauses BTC Buys
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
Dec 22Bitcoin MagazinecryptocurrencyImpact
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
📋 Key Facts ✓ Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. ✓ These fea...
Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
A girl reaches up to burst a large bubble on the Palace Plaza in Stuttgart, Germany, 19 October 2017. Photo: Marijan Murat/dpa (Photo by Marijan Murat/picture alliance via Getty Images) Marijan Murat/...
ShopMy founders Harry Rein, Tiffany Lopinsky, and Chris Tinsley. Courtesy of ShopMy AI and social commerce are fueling millions of dollars in investments in the creator economy. Startups from generati...
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
📋 Key Facts ✓ Erebor raised $350 million in funding. ✓ The startup achieved a valuation over $4 billion. ✓ Fund...
A Grok investor said he's "deeply concerned" about the "speculative" data center market. Myung J. Chun / Los Angeles Times via Getty Images A Groq investor said he's "deeply concer...
Russian President Vladimir Putin took questions on the war and the economy during his annual televised phone-in event. Contributor/Getty Images Most Russians expect the war with Ukraine to end in 2026...
Frederick Baba, a trader at Jane Street and former Goldman Sachs partner. Courtesy of Goldman Sachs Former Goldman partner Fred Baba shared the goodbye note he sent colleagues. He left Goldman in 2023...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...
📋 Key Facts ✓ Clare Lane purchased two pairs of leggings online. ✓ She accidentally signed up to a subscription during the purchase. ...
Michael Burry, the investor of "The Big Short" fame. Astrid Stawiarz/Getty Images Michael Burry touted health insurer Molina as a winning stock pick on his Substack. The "Big Short" in...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
📋 Key Facts ✓ The global beauty industry is valued at $500 billion. ✓ The climate crisis is shifting many people's purchasing patte...
Christmas shoppers browse in Aritzia on December 24, 2025 in New York City. Jeremy Weine/Getty Images Canadian fashion retailer Aritzia has enjoyed considerable success in recent years. 2025 was the y...