Strategy posts US$4.2B quarterly loss
Strategy reported a net loss of US$4.2 billion for the second quarter of 2026 as the value of its Bitcoin (CRYPTO:BTC) holdings fell during the period.
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Strategy reported a net loss of US$4.2 billion for the second quarter of 2026 as the value of its Bitcoin (CRYPTO:BTC) holdings fell during the period.
Chainalysis said the FIFA Club World Cup generated more than US$20 billion in prediction market trading volume across blockchain platforms.
An Ontario Securities Commission survey found 39% of Canadians owned cryptocurrency in 2025, up from 31% in 2024.
Institutional investors made up a record 72% of cryptocurrency trading volume in July, showing a continued shift towards professional market participants.
China Business Journal said fraudsters impersonated its journalists and demanded Bitcoin (CRYPTO:BTC) from companies by threatening to publish negative reports if payments were not made.
A group of US senators has questioned government agencies about President Donald Trump's cryptocurrency ventures as Congress continues debating digital asset legislation.
US senators agreed on revised ethics language for the Digital Asset Market CLARITY Act after rejecting an earlier White House-backed proposal aimed at limiting conflicts of interest.
Bank for International Settlements Project Agorá brought together more than 40 financial institutions to test US$1 million in tokenised cross-border payments.
Brazil bought US$14.68 billion worth of stablecoins during the first half of 2026, exceeding purchases of Bitcoin (CRYPTO:BTC) and reinforcing the country's preference for dollar-pegged digital assets.
Hyperscale Data sold 100 Bitcoin (CRYPTO:BTC) to help fund its AI data centre business, shifting part of its treasury into infrastructure investment.
Jim Citrin, Chair, Global CEO Practice at Spencer Stuart, discusses the upcoming CEO transition at Apple as Tim Cook prepares to step down on September 1, with John Turner set to take over. Citrin emphasizes the critical importance and difficulty of CEO succession, especially at a company like Apple known for its excellence. He speaks with Romaine Bostick & Emily Graffeo on "The Close."
Apple stocks tumbled in late trading after component shortages weighed on the company's sales forecast, signaling that industrywide supply constraints are taking a bigger toll than anticipated. It also gave a forecast that is weaker than expected, further hurting the stock in the after market. Bloomberg News Managing Editor for Global Consumer Tech Mark Gurman reacts to the mixed earnings report. Bloomberg.com and Terminal subscribers can send in their questions for Carol Massar and Tim Stenovec to ask guests live on-air. Just go to Bloomberg.com/askradio
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