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OTCMKTS:CAST 13 June 2026

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  • Saylor Highlights 25% of 'Mag8' Firms Holding Bitcoin After SpaceX IPO
    June 13, 2026, 10:14 AM EDT. Michael Saylor, co-founder of Strategy-the largest publicly listed bitcoin holder-has praised Elon Musk following SpaceX's historic Nasdaq debut. SpaceX's $1.75 trillion IPO marks it as the eighth member of Saylor's 'Mag8' group, an expansion of the 'Magnificent Seven' tech giants. Saylor noted that 25% of these elite firms now hold bitcoin on their balance sheets. SpaceX ranks as the eighth-largest public bitcoin holder with 18,712 BTC, while Tesla holds 11,509 BTC. Strategy leads significantly with 845,256 BTC valued at over $54 billion. The development underscores growing institutional bitcoin adoption among top-tier technology companies.

Latest articles

FreeCast Stock Jumps 141% After DIRECTV Expansion, But CAST Risks Remain High

FreeCast Stock Jumps 141% After DIRECTV Expansion, But CAST Risks Remain High

13 June 2026
FreeCast shares soared 140.68% to $1.55 on June 12 after announcing an expanded DIRECTV partnership, but slid to $1.40 after hours as investors weighed the company’s $92,909 quarterly revenue, $4.53 million net loss, and “substantial doubt” about its ability to continue as a going concern, with no financial terms or revenue targets disclosed for the DIRECTV deal.
Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

13 June 2026
Red Lobster CEO Damola Adamolekun is betting on AI for sales forecasting, food ordering, HR, and scheduling as the chain fights to recover from its 2024 bankruptcy, but despite improved same-store sales and a $60 million cash infusion, Red Lobster lost money in four of the past five quarters and 2025 sales stayed over 20% below pre-bankruptcy levels.
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