| Mobile Web

Search results for cash dividends

Finance

Kakao woos shareholders on spinoff, targets 1 trillion won AI revenue and 300 billion won buyback cancellation

Kakao is seeking to win over retail shareholders ahead of a planned corporate spinoff into continuing company KakaoX and new unit KakaoAI. KakaoAI aims to begin monetising AI services in 2027 and targets more than 1 trillion won in AI revenue by 2030. KakaoX plans to use gains from selling its stake in Dunamu to buy back and cancel 300 billion won of treasury shares over three years after the split.

Crypto

Castle launches service to automatically buy bitcoin with Strategy STRC preferred stock dividends

U.S. bitcoin management service provider Castle has introduced a function that automatically converts dividends from Strategy\'s STRC preferred shares into bitcoin. Users can receive dividends in cash, convert all of them into bitcoin, or split them at a chosen ratio. Strategy still pays STRC dividends in cash, and Castle executes bitcoin purchases based on user settings. Strategy said the annual dividend rate applied after September 2026 is 12 percent, reviewed monthly.

Crypto

BitMine builds 5.9 million ether; 5 percent stake possible without further buys

BitMine, led by Tom Lee (톰 리), has lifted its ether holdings to 5.9 million, nearing a goal of securing 5 percent of circulating supply. Most of its holdings are staked, and an analysis suggests staking rewards alone could cover the remaining shortfall under current assumptions. Calculations vary with changes in overall ether supply and staking yields. The firm also faces choices on whether to hold or convert staking rewards into dollars.