Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Capital structure theories seek to explain why businesses choose different mixes of debt and equity to finance their operations. Banking firms represent a special case because of certain unique ...

Capital is the fuel that makes money grow. That’s the case for the average homeowner or for a Fortune 500 company. Here’s how capital works.

Capital structure refers to the mix of funding sources a company uses to finance its assets and its operations. The sources typically can be bucketed into equity and debt. Using internally generated ...

Sign up for our newsletter to get the latest on the transformative forces shaping the global economy, delivered every Thursday.

We analyze Strategy as a structurally leveraged Bitcoin vehicle, examining its NAV premium, regulatory positioning, and capital structure optionality driving both opportunity and risk. MSTR’s stock ...