Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
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Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]
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Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]
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