Strawberry Fields REIT, Inc. (STRW) Q2 FFO and Revenues Beat Estimates

Strawberry Fields REIT (STRW) reported Q2 adjusted funds from operations (AFFO) of $73.9 million and projected 10.1% AFFO-per-share growth. It posted adjusted EBITDA of $135.7 million, 14.4% lease yield, and net debt to net assets of 49.8%. The board approved a $0.17 quarterly dividend. The company closed a $300 million credit facility and contracted to buy a Missouri hospital campus for $10.4 million.

Pentagon deputy secretary Steve Feinberg asked major U.S. defense firms to accelerate production and deliveries of weapons and sensors, citing concerns about shortages and gaps tied to the Iran conflict. In an Aug. 5 letter seen by Bloomberg, he targeted programs including wide-area surveillance, air-defense sensors and interceptors, and missile-tracking systems, asking for plans by late August.

Bitdeer Technologies Group (BTDR) said its Tydal Data Center subsidiary in Norway signed a 16-year colocation lease and services deal with Volta Tydal AS for 121 MW and about $4.70 billion in contracted revenue, with an 8-year renewal option that could raise total value to about $8.0 billion. The campus is renewable-powered, set for NVIDIA GPU clusters, and includes $1.30 billion in credit support.

Core Scientific (CORZ) said it signed a 15-year infrastructure partnership with AMD (AMD) for data-center power starting in 2027. The deal covers about 530 MW across five sites, with AMD leasing 377 MW and a neocloud leasing 152 MW. Core Scientific said it has $14B+ potential base contracted revenue. The news follows shareholders rejecting a CoreWeave all-stock deal valued around $9B.

A Minnesota woman, Kristen Behne, sued Chipotle Mexican Grill in U.S. District Court for alleged Salmonella food poisoning from a June 24 chicken burrito bowl at a Roseville, Minnesota restaurant. She claims sepsis and seeks over $75,000. The CDC reported 345 illnesses in 27 states linked to jalapeños; Chipotle removed jalapeños after notification.

Reuters explains the U.S. Patriot mobile air defense system, built by Raytheon Technologies, and its PAC-2 and PAC-3 interceptor variants. Demand has risen as Russia’s strikes in Ukraine and the Middle East conflict have depleted interceptor stocks. CSIS estimates about 65% of U.S. interceptors were used Feb-July, leaving under 850. Lockheed received a contract up to $58.6B.