Browsing Tag
Increases
MicroStrategy Increases Convertible Loan to $525 Million to Buy More Bitcoin
The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million.The company intends to use the proceeds to acquire more Bitcoin, as per their recent press…
HMRC Reports VAT Gap Increases to £8.6 Billion – a 13% Rise Compared to Previous Year
New figures released by HM Revenue & Customs (HMRC) reveal that the ‘VAT gap’ – representing the disparity between the VAT theoretically owed and the amount actually collected by HMRC – has reached £8.6 billion for the fiscal year…
Marathon Digital Reports Revenue Increases of 452%
U.S.-based Bitcoin mining behemoth Marathon Digital has published its quarterly earnings report and has beaten analyst predictions by a good margin.
Paradoxically, Marathon’s stock price dipped shortly after the…
FTX Increases Cash Holdings to $4.4B by Selling Crypto
Bankrupt FTX has significantly increased its cash holdings to $4.4 billion by the end of 2022 as the collapsed crypto exchange moves towards repaying customers and creditors. The cash holding almost doubled from $2.3 billion at the end of…
BlackRock substantially increases stake in SolarEdge
2023 was a terrible year for Israeli solar energy company SolarEdge Technologies (Nasdaq: SEDG). The share price slumped nearly 70% and it was relegated from the S&P 500 Index. Despite this, or perhaps because of it…
US Weekly Job Claims Edge Up Slightly amid Robust Labor Market, GDP in Q3 Increases at 4.9%
The Bureau of Economic Analysis reported that GDP increased at a 4.9% annualized rate in Q3, slightly below the previously reported 5.2% pace.
The latest report from the United States Labor Department reveals a marginal increase in…
Activewear Brand AYBL Increases its Fulfillment Efficiency by 100% with Descartes’ Ecommerce…
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Power purchases from grid slow down on price increases
Economy
Power purchases from grid slow down on price increases
Monday November 27 2023
Kenya Power and Lightning Company (KPLC) Managing Director Joseph Siror. PHOTO | FRANCIS NDERITU | NMG
The purchase of electricity from the…
PancakeSwap surges 92% as defi tokens record outsized price increases
PancakeSwap’s CAKE stands out with a 92% gain on the weekly timeframe, fueled by the introduction of a new feature on its platform.
PancakeSwap rallies
Decentralized exchange PancakeSwap’s native token, CAKE, is causing a stir in the…
