Fresh and free: this week's Styx Update

Newsletter – Black Styx Capital

— BlackStyx Capital (@StyxCapital) October 18, 2026

19 open and running activist campaigns are covered by us in our Weekly Styx News for calendar week 41 – as always, the newsletter is free to read on our website.

3 had a downward trend this week, 2 from last week are in the reds, while 4 new ones survived their first week, and…

— BlackStyx Capital (@StyxCapital) October 11, 2026

What are the odds that #France will be bailed out and the #Eurozone will agree on a debt haircut for most of its members?

— BlackStyx Capital (@StyxCapital) October 9, 2026

For the integrity of price discovery, the noise remains a definitive warning sign. When the truth requires a cheering section to be believed, it might not be the absolute truth after all.

See https://t.co/UrZV9H7cVw for the full opinion …

— BlackStyx Capital (@StyxCapital) October 9, 2026

Early Sunday news – find the latest edition of our Weekly Styx Update for CW40 on our website:

Transparency was in short supply among this week’s four new campaigns: two sit behind paywalls, and Ethos ($LIFE) (again!) comes from a publisher with a trading arm of its own. The…

— BlackStyx Capital (@StyxCapital) October 4, 2026

https://t.co/y8sng2SacC

— BlackStyx Capital (@StyxCapital) October 2, 2026

It’s hard to tell, but probably no. 57.5% drop would mean that 80 Mile is worth nothing, which is unlikely the case. The mergers‘ terms are known since September 8th, so market should have already priced it in. There are more valuation items to it given the projects pipeline…

— BlackStyx Capital (@StyxCapital) October 2, 2026

Strip it down and both articles say the same thing: Nvidia's earnings rest on customers assuming their GPUs stay valuable. I don't buy it neither. Once that assumption goes, so does the demand, and given that Nvidia is helping fund the buildout, it's now on the hook from both…

— BlackStyx Capital (@StyxCapital) October 2, 2026

ah true. Thanks for pointing that out

— BlackStyx Capital (@StyxCapital) October 2, 2026

$GLND has until Tuesday, Oct 6, to firm up its all-share bid for its own drilling partner 80 Mile.

On current terms: ~59m new shares vs 43.7m today. Existing holders end up with ~43%. So that doesn't look like an acquisition, but more of a handover; with insiders on both sides.…

— BlackStyx Capital (@StyxCapital) October 2, 2026