📊 NOTABLE DEVELOPMENTS FROM COMPANIES
▪️ ASELSAN (
#ASELS ): Signed a 523 million euro contract with the Presidency of Defense Industries to develop a next-generation air and missile defense system.
▪️ Arçelik (
#ARCLK ): Reported a net loss of 4.62 billion TL for the first nine months of 2026.
• The company’s debt increased by 7% on a quarterly basis, exceeding 218 billion TL.
• Equity fell by 12% to 72.5 billion TL.
▪️ Türk Telekom (
#TTKOM ): Signed a credit agreement totaling $1 billion with 14 international banks. The funds will be used to meet general financing needs, primarily for 5G and fiber infrastructure investments.
▪️ Strive: Purchased 6,182 BTC for $511.4 million. The company’s total
#Bitcoin holdings reached 43,000
$BTC .
▪️ Strategy: Did not purchase any Bitcoin last week. The company announced that it repurchased
#STRC shares worth $205 million.