Hires
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Big Tech AI spending spree tops $1tn
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403
Planet hires former Space Force chief to its board amid defense push
Colombia’s National Police uses Planet data to help eradicate illicit crop growth. Credit: Planet WASHINGTON — San Francisco-based satellite imaging company Planet has appointed retired U.S. Space Force General John “Jay” Raymond to its board of directors, as the company seeks to expand its footprint in the defense and intelligence markets. Raymond, who served as
McLaren hires ex-ISG regional boss for north east expansion
Beaumont worked for 14 years, latterly as regional director for the North East and North West business units. Joining Beaumont at McLaren Construction to run the new division are regional commercial director David Faulkner and regional pre-construction director Richard Harding. Faulkner joined McLaren in November after a 19-year career at ISG’s Bradford office, ending in
U.S. Soccer hires Matt Crocker as new sporting director
Soccer U.S. Soccer’s search for a new sporting director has come to an end. Matt Crocker has been hired by U.S. Soccer, replacing Earnie...
IAPMO Hires Cambria McLeod as VP of Industry Relations and Business Development
ONTARIO, CA — The IAPMO Group has announced the hiring of Cambria McLeod as vice president of Industry Relations and Business Development.McLeod is an industry expert in product compliance, with 17 years’ experience in the plumbing industry, connecting stakeholders and working to guide compliance, assess risk and support global market access. Prior to joining IAPMO
Villanova hires former Quinnipiac head coach Baker Dunleavy as basketball GM
Basketball Villanova is the latest school to follow a new trend in college basketball, hiring former Quinnipiac coach Baker Dunleavy as the general manager...
Georgia Hires Former Clemson Coordinator as an Offensive Analyst
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Developer Hires Stantec for $25B Sustainable Freight Hub in California
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strategy
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Spending
Big Tech AI spending spree tops $1tn
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403
awareness
Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed
A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in
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Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC
TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...