Strategy (MSTR), the bitcoin BTC$111,036.68 treasury company that has sold tranches of preferred stock to raise money to buy more of the largest cryptocurrency, increased the dividend on its STRC offering to attract more investors and push the price toward its $100 target. The Tysons Corner, Virginia-based company increased the payout by 1 percentage point … Read more
BTCS Inc. (BTCS), a Nasdaq-listed crypto strategy firm focused on Ethereum, will distribute a first-of-its-kind ether (ETH) dividend to shareholders, the company said on Monday. The one-time payout, dubbed “Bividend,” amounts to $0.05 per share and can be received either in ETH or cash, the company said in a release. Eligible shareholders must opt in … Read more
Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend, and caused its market value to sink more than $32 billion (roughly Rs. 2,68,732 crore) in a single day. The proposed class action against Intel, Chief Executive Patrick … Read more