Tag: Corporate Finance
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Hyperscale Data Holds Bitcoin Treasury Worth 97.5% of Market Cap at $75.5 Million
Hyperscale Data’s Bitcoin Treasury Anchors a Majority of Market Value Hyperscale Data, Inc. (NYSE American: GPUS) has disclosed a significant Bitcoin treasury strategy alongside its broader AI data center ambitions. The company announced that its Bitcoin holdings total 498.4633 BTC, representing roughly 97.5% of its market capitalization. With an estimated market cap around $75.5 million,…
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Adani Bid Wins: JAL Creditors Favor Prepayment Terms
Overview: A strategic win for Adani over Vedanta Creditors of Jaiprakash Associates Limited (JAL) have unanimously selected Adani Enterprises’ bid over a higher-valued package from Vedanta, marking a rare case where prepayment terms and immediate liquidity outweighed total value. The decision by the lenders reflects a preference for stability, faster cash realization, and predictable returns…
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Adani Enterprises Plans $2.8 Billion Rights Issue to Move Past Hindenburg Fallout
Adani Enterprises Announces Major Rights Issue Adani Enterprises, the flagship firm of the Adani group, has unveiled plans to raise 250 billion rupees (about $2.8 billion) through a rights issue. The move comes as the company seeks to move beyond the controversy sparked by its previous equity fundraising announcement and to bolster its financial position…
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Coopers’ Profits Slip by $10 Million as Regency Park Centre Costs Bite
Coopers Faces Profit Dip as Regency Park Centre Costs Weigh On the Bottom Line Coopers has reported a notable decline in profit-before-tax for the latest financial year, with figures showing a $10 million drop to $22.5 million. The slide comes as the company bears the upfront and ongoing costs associated with its new Regency Park…
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Infosys Announces Record Share Buyback Plan
Infosys Announces Unprecedented Share Buyback Plan In a groundbreaking move, Infosys has unveiled one of the largest share buyback plans in its history. This decision is set to provide significant benefits to shareholders, reinforcing the company’s commitment to enhancing shareholder value amid fluctuating market conditions. What is a Share Buyback? A share buyback, also known…
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Infosys Announces Historic Share Buyback Plan
Overview of Infosys’ Unprecedented Share Buyback Plan Infosys, a global leader in technology services and consulting, has recently announced a monumental share buyback plan that is poised to offer incredible benefits to its shareholders. This initiative marks a significant move in the company’s ongoing commitment to returning value to its investors. With a widespread anticipation,…