Crypto revenue tanks 70% for major AI finance company, but its paper gains just delivered a record quarterly profit
Revenue fell 70% while continuing-operations and adjusted EBITDA losses widened, leaving the operating picture weaker.
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Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027
The Bitcoin miner’s construction budget includes continued treasury sales before phased rent is expected in 2027 and 2028.
A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash
Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel.
Trump Media’s 14,139 Bitcoin stash faces options exposure and a looming $1 billion debt test
A Nov. 30 holder put would exceed June cash and short-term investments in a full-tender scenario, but it does not make a Bitcoin sale inevitable.
Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree
Aug. 7 gross futures carry ranged from 5.69% to 7.89%, above the 4.19% Treasury yield, but public data cannot identify investor motive.
On-chain data shows $50 million at risk as Tether’s Alloy shutdown deadline boils down to 5 forgotten gold vaults
Five open positions held 399,088.74 aUSD₮ of debt, while the cutoff hour and any later platform route remain unpublished.
Bitcoin enters CPI week caught between a $63,000 on-chain demand zone and $69,000 holder resistance
Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market's largest nearby demand concentration. The Aug. 12 inflation report, due less than 48 hours out, will help decide whether…
Cardano finally cleared the SEC shortcut for a spot ETF, but its last remaining sponsor quit two days too early
Grayscale withdrew its registration for the Cardano Trust ETF on Aug. 7, telling the SEC only that it “does not intend to proceed with the planned distribution.” The move was voluntary and came along with parallel registrations for Hedera and…
LINK could be next in line after Standard Chartered’s UNI and AAVE targets sparked sharp repricings
Standard Chartered initiated coverage of Chainlink (LINK) with a $200 price target for 2030, laying out a staged path to get there: $13 by the end of this year, $41 in 2027, $82 in 2028, $133 in 2029, and $200…
Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
ETHE, GSOL and GAVA must sell earned rewards at least quarterly, creating recurring cash payouts without scheduling principal liquidation.
SharpLink posts $1B loss as its $1.7B Ethereum treasury could take 90 days to fully convert to cash
The six-month loss was predominantly non-cash, while the company estimates its full staking portfolio could take about 90 days to convert.
South Korea puts crypto exchanges on a seven-day clock under new seizure rules
Civil creditors could compel custodians to freeze, disclose, transfer, swap and sell debtors’ assets if the rules advance.