Key Highlights: Strategy repurchased approximately 2.09 million STRC preferred shares for $208.2 million using its general-purpose USD Cash balance as shares traded near the $100 mark. The company issued 1.18 million new MSTR common shares to raise $164 million, directing $65.5 million toward the acquisition of 811 Bitcoin. Strategy transitioned to paying STRC dividends on ...
Key Highlights: Hyperliquid Strategies tripled its share repurchase authorization from $30 million to $100 million, extending the runway through 2027. Trading at a 0.89x multiple to its adjusted net asset value ($9.92 per share), the buyback allows the firm to retire roughly $1.12 of NAV for every dollar spent. The capital allocation pivot highlights the ...
Key Highlights: SkyAI has completely liquidated its Solana holdings, reporting zero $SOL remaining in its reserves. As of October 16, the company held approximately $223.8 million in cash reserves following the asset sale. The firm is launching a buyback program worth up to $201.3 million to repurchase up to 95% of its shares and three ...
Key Highlights: Bastion Trading has suspended its participation in SkyAI’s planned transaction until management discloses detailed execution data on its recent Solana sales. Discrepancies emerged after SkyAI’s Form 8-K showed only about 600,000 $SOL remaining, contrasting with earlier statements indicating a larger treasury position following a nearly one million token liquidation. Bastion is demanding that ...
Key Highlights Metaplanet has established a 339 yen per share conversion price for its convertible bonds, with a conversion period spanning from November 12, 2026, to October 15, 2031. The company intends to repurchase up to approximately 7.1% of its shares via the Tokyo Stock Exchange’s ToSTNeT-3 off-floor trading platform. Proceeds from the 52 billion ...