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- Criterium Energy's SE-MGH project in Indonesia combines natural gas stability with capital efficiency, targeting $2.5–4M net costs and 2026 first gas. - Extended well tests confirmed 7–8 mmcf/d production without new capital, supported by third-party pipeline funding and fixed-price gas sales agreements. - The project de-risks reserves through historical data alignment, enabling lower discount rates and scalable development with minimal incremental capital. - Positioning as a low-volatility energy transi
- Institutional investors and corporations reclassify Bitcoin as a strategic reserve asset amid macroeconomic shifts and regulatory clarity. - Companies like Strategy Inc. use debt financing to accumulate Bitcoin, creating a 40:1 supply-demand imbalance favoring price growth. - SEC-approved Bitcoin ETFs (e.g., BlackRock's IBIT) attract $118B in inflows, stabilizing Bitcoin's volatility and legitimizing institutional adoption. - Regulatory frameworks and sovereign wealth fund allocations (e.g., Norway's 150
- Trulieve Cannabis appoints Matthew Foulston (ex-CFO of major firms) to its board and Jan Reese as CFO to strengthen governance and financial strategy amid industry volatility. - Foulston's governance expertise and Reese's operational finance background aim to stabilize Trulieve's balance sheet while navigating regulatory fragmentation and $478M debt challenges. - Q2 2025 results show $300M revenue and $111M EBITDA, but highlight urgency for disciplined capital management as the company expands retail ope
- DevvStream (DEVS) regained Nasdaq compliance after 10 consecutive days above $1.00, averting delisting risks and restoring institutional credibility. - The compliance milestone aligns the company with ESG trends and positions it to benefit from emerging carbon market regulations like the EU CBAM. - Strategic moves including a $300M purchase agreement expansion and crypto treasury strategy aim to fund growth, though execution risks and market volatility persist. - Traders face a calculated bet: Nasdaq com
- Reitmans' Q2 2026 earnings will test its ability to balance revenue declines with margin gains amid post-pandemic retail challenges. - Strategic investments in digital transformation and store optimization aim to drive long-term efficiency despite rising costs. - Shareholder returns and liquidity position highlight resilience, but EBITDA declines and execution risks remain concerns. - The report's outcomes could influence investor confidence in retail's adaptability to evolving consumer demands.
- 08:39Bitget has distributed the second round of BGB airdrop to VIP users, with a total of 64,570 tokens issued.ChainCatcher news, the Bitget VIP Exclusive BGB Monthly Airdrop Program has completed the distribution of rewards for the second phase, with a total airdrop amount of 64,570 BGB. The airdrop was based on a snapshot taken on October 14. All users whose account level reached VIP 3 or above on the snapshot day and whose contract trading volume exceeded 1 million US dollars in the past 30 days automatically received a reward of 45-108 BGB. It is reported that in order to further enhance the VIP service experience, Bitget previously launched the "VIP Trader Airdrop Program" for the Chinese-speaking region. The first phase in September and the second phase in October under this program have now been completed and rewards have been distributed.
- 08:35JPMorgan: ETF market size expected to grow to $30 trillion by 2030Jinse Finance reported, citing market sources: The head of ETF business for Asia-Pacific at JPMorgan stated during a panel discussion at the "ETFs InDepth Asia" summit that "We expect the ETF (Exchange-Traded Fund) market size to grow to 30 trillion USD by 2030 (the current size is 19 trillion USD)."
- 08:26BLESS breaks through 0.18 USDT, with a 24H increase of over 440%On October 16, according to MGBX spot market data, BLESS has broken through 0.18 USDT, currently trading at 0.17273 USDT, with a 24-hour increase of over 440%, and a circulating market value exceeding 360 millions USD. Bless is a decentralized edge computing network that provides on-demand CPU and GPU resources to end users, thereby facilitating access to artificial intelligence, machine learning, advanced data tools, and the evolving internet landscape.