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  • Dec 09, 2024

Genius Group increased its Bitcoin purchases for its Treasury by $2.2M

Genius Group (GNS) announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2.2 million to 191 Bitcoin for $18 million, at an average price of $92,728 per Bitcoin. The Company’s announced on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. Following its initial purchase of $10 million in Bitcoin in the week of the announ

  • Dec 09, 2024

Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins

On Tuesday, Bitcoin mining company Riot Platforms, Inc (NASDAQ:RIOT) priced its upsized private offering of $525 million 0.75% convertible senior notes due 2030. Riot also granted the notes’ initial purchasers an option to purchase up to an additional $75 million in aggregate principal amount of the notes. The offering was upsized from $500 million and will close on December 11, 2024. Also Read: Chinese Social Media Company Hello Group Gains After Q3 Print, CEO Flags Overseas Growth Riot intends

  • Dec 09, 2024

AutoZone Q1 Misses Wall Street Marks, But CEO Sees Bright Road Ahead

On Tuesday, Automotive retailer AutoZone, Inc (NYSE:AZO) reported fiscal first-quarter earnings per share of $32.52, missing the Street view of $33.76. Quarterly revenues of $4.28 billion (+2.1% year over year) missed the analyst consensus of $4.30 billion. AutoZone said the company’s same-store sales increased 0.4% (or 1.8% in constant currency), while domestic sales grew 0.3%. Also Read: Booz Allen and Palantir Partner To Drive US Defense Operations The quarter’s gross profit margin was 53.0%,

  • Dec 09, 2024

How To Earn $500 A Month From Macy's Stock Ahead Of Q3 Earnings

Macy’s, Inc. (NYSE:M) will release its third-quarter financial results, before the opening bell, on Wednesday, Dec. 11. Analysts expect the New York-based retailer to report quarterly earnings at 3 cents per share, down from 21 cents per share in the year-ago period. Macy’s projects quarterly revenue of $4.72 billion, compared to $4.86 billion a year earlier, according to data from Benzinga Pro. On Nov. 26, Telsey Advisory Group analyst Dana Telsey maintained Macy’s with a Market Perform and mai

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