3h ago
Strategy outlines $15 billion bitcoin-backed perpetual preferred stock program
Strategy has announced a $15 billion bitcoin-backed preferred stock plan, extending its bitcoin-focused corporate finance approach. The company holds nearly 500,000 BTC and aims to use those holdings as collateral to raise funding, a scale that exceeds its existing preferred issuance. The move follows the sale of 1,638 BTC to pay preferred dividends and fund STRK buybacks, which prompted questions about whether it was moving away from continued accumulation. The company is positioning the framework as its boldest test yet of putting its bitcoin reserve to work beyond simply holding it.
BTC
BTC+0.26%
3h ago
3h ago
Integral Diagnostics issues FY26 preliminary guidance, flags revenue of $788–$790 million
Integral Diagnostics has issued preliminary FY26 guidance, forecasting revenue of $788–$790 million, up about 25% year on year. It expects operating EBITDA of $164–$165 million, up around 30%, and operating NPAT of $47–$48 million, up roughly 50%. Diluted operating EPS is projected at 12.5c–12.7c, representing growth of about 23%. Capital expenditure is expected to be $50 million, in line with guidance.
3h ago
3h ago
Kaynes Technology Q1 revenue rises 40% to ₹946 crore; Motilal Oswal flags 30% upside
Kaynes Technology reported June-quarter revenue of ₹946 crore, up 40% year on year and above the ₹866 crore market estimate, while EBITDA came in at ₹147.5 crore in line with expectations. Its core businesses each grew more than 30%, and smaller businesses posted growth ranging from 70% to 180%. Motilal Oswal reiterated a “buy” rating, set a ₹5,000 price target implying 30% upside, and forecast FY2026-2028 revenue, EBITDA and adjusted PAT CAGRs of 41%, 44% and 52%, respectively.
3h ago
3h ago
Arena REIT delays FY2026 results as Edge Early Learning seeks rent relief
Arena REIT has delayed its FY2026 results release after major tenant Edge Early Learning sought rent relief, with the tenant accounting for 14% of annual rental income. FY2026 distributions rose 5.5% to 19.25 cents per security, in line with guidance. Occupancy in the stabilised portfolio fell to 76.7% from 79.3%, while net rent to gross revenue held at 10.0%. Arena said it holds about $4 million in bank guarantees and security deposits.
3h ago
4h ago
CAR Group posts FY26 revenue of $1,253 million and NPAT of $314 million, both higher
CAR Group Limited reported FY26 revenue of 12.53亿澳元, up 6% year on year, and net profit after tax of 3.14亿澳元, up 14%. EBITDA rose 8% to 6.67亿澳元. The company declared a final dividend of 43.5澳分 per share, taking the full-year dividend to 86澳分, up 8%. Australian domestic revenue increased 7%, supported by its vehicle sales platform, product innovation and the launch of the new dealer platform Nexgate.
4h ago
5h ago
Contact Energy FY26 net profit rises 27.8% to $423.4 million as revenue slips 5.7%
Contact Energy reported full-year results with net profit up 27.8% year on year to $423.4 million, even as total revenue fell 5.7% to $3.2425 billion. The company declared a final dividend of 24.0 NZ cents per share, fully imputed at 24%. It continued accelerating renewable investment and completed a major hydro acquisition, lifting net tangible assets per share to $4.12 from $2.87.
5h ago
5h ago
Timely rain lifts Australia’s 2026 wheat outlook, with forecasts raised to as high as 30 million tons
Timely rain across Australia’s eastern growing belt has sharply improved prospects for the 2026 wheat crop. Rabobank lifted its estimate from an initial low of 21.3 million tons to as high as 30 million tons, still below last year’s 35.8 million tons but above the 10-year average, according to the bank. Bendigo Bank Agribusiness put the crop at about 30 million tons, with potential for an upgrade to 33 million tons.
5h ago
7h ago
EIP-8363 could drive Ethereum staking yield toward zero and push SharpLink’s proposed $125M plan further into DeFi
Ethereum improvement proposal EIP-8363 would dynamically burn consensus rewards as total staking rises, potentially taking net staking yield to zero as staked ETH approaches 50% of supply. As of Aug. 8, about 41.18 million ETH was staked out of a total supply of 120.68 million ETH, or roughly 34.13%. SharpLink has disclosed plans to stake $100 million in ETH and pair it with $25 million in outside capital for DeFi liquidity protocols and other onchain strategies, according to a May SEC filing.
ETH
ETH+0.10%
7h ago