Blockonomi

TLDR:
Strategy’s USD Reserve rose to $4.65 billion after a $650 million boost from ATM stock sales.
USD Reserve duration extended by 143 days to 2.7 years following the latest capital allocation move.
Strategy sold 1,690 bitcoin at $64,262 average to fund $108.6 million in STRC share buybacks.
Bitcoin holdings reached 840,447 coins, with $785.2 million still available for further STRC repurchases.

Strategy Inc reported an update to its bitcoin and cash reserves on August 10, 2026, according to a filing with the U.S. Securities and Exchange Commission.
The Virginia-based company increased its USD Reserve by $650 million and repurchased $109 million worth of its STRC preferred stock.
The changes extended the USD Reserve’s duration to 2.7 years and tightened STRC’s bitcoin-backed credit spread by 10 basis points. As of August 9, 2026, Strategy held 840,447 bitcoin and $4.65 billion in its USD Reserve.
USD Reserve Grows Through Stock Sales
Strategy funded the reserve increase through sales under its at-the-market offering program. Between August 3 and August 9, 2026, the company sold 6,585,682 shares of Class A common stock. Those sales generated $653.1 million in net proceeds during the week.
Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC's BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR…
— Strategy (@Strategy) August 10, 2026
Of that amount, $650 million went directly into the USD Reserve. The remaining $3.1 million was added to Strategy’s general cash balance. The company confirmed the update in a post on its official account, noting the moves “tightened STRC’s BTC Credit by 10 bps.”
The USD Reserve exists to support dividend payments on Strategy’s preferred stock and interest on its outstanding debt.
As of August 9, 2026, its balance stood at $4.65 billion. That figure includes cash expected from ATM shares sold but not yet settled.
Strategy still has substantial capacity left under its equity programs. As of August 9, 2026, $17.51 billion in Class A common stock remained available for issuance. The company also holds $2.1 billion in unused capacity for its STRK preferred stock offering.
Bitcoin Sales Fund STRC Repurchases
Strategy sold 1,690 bitcoin during the same reporting period, generating $108.6 million in proceeds. The average sale price came to $64,262 per coin, net of fees and expenses. Those proceeds were used to repurchase shares of STRC stock.
Under the Digital Credit Securities Repurchase Program, Strategy bought back 1,152,020 shares of STRC. The aggregate purchase price for those shares totaled $108.6 million. The buyback tightened STRC’s bitcoin-backed credit spread by 10 basis points, according to the company.
Following the bitcoin sale, Strategy’s aggregate holdings stood at 840,447 coins as of August 9, 2026, a figure the company confirmed in its own social media post.
The aggregate purchase price of those holdings reached $63.36 billion, with an average purchase price of $75,385 per coin.
Strategy still has room to continue the buyback program going forward. As of August 9, 2026, $785.2 million remained available under the Digital Credit Securities Repurchase Program.
A separate MSTR Stock repurchase program, announced on June 29, 2026, still holds $1.0 billion in unused capacity.
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TLDR
Nvidia leads a $500 billion AI funding push with Apollo and Blackstone onboard.
Wall Street firms discuss massive financing for Nvidia’s AI infrastructure buildout.
The package could fund chips, power systems and major data-center projects worldwide.
Nvidia expands beyond chips as it mobilizes capital for AI infrastructure growth.
NVDA closed down 2.86% before rebounding 0.91% in after-hours trading Monday.
Nvidia (NVDA) expanded its infrastructure financing push Monday as major Wall Street firms discussed a $500 billion artificial intelligence funding package. Apollo Global and Blackstone joined advanced talks covering chips, power generation, networking equipment, and large data centers worldwide. Nvidia stock closed Monday at $217.55, down 2.86%, then rose 0.91% to $219.53 in after-hours trading overall.
NVIDIA Corporation, NVDA
Apollo Blackstone Join Nvidia’s $500 Billion AI Funding Push
Apollo Global, Blackstone, BlackRock, Brookfield Asset Management, Goldman Sachs, and KKR joined discussions with Nvidia on the enormous package. The proposed structure would channel large pools of private capital toward projects supporting rapid growth in artificial intelligence computing capacity. Financial Times reported the talks first, while Reuters later confirmed discussions through a person familiar with the matter Monday.
The companies have not disclosed whether debt, equity, private credit, or other vehicles will form the final funding structure. The package would connect institutional capital directly with processors, energy systems, networking hardware, and data-center construction across key global markets. That strategy would expand Nvidia’s influence beyond chip sales and deepen its position across infrastructure supporting artificial intelligence growth.
Meanwhile, major technology companies continue allocating record sums toward computing capacity needed for advanced artificial intelligence workloads worldwide. Combined spending across large technology companies could exceed $730 billion this year as infrastructure requirements keep expanding rapidly. That demand supports new investment in processors, networking equipment, power generation, cooling systems, and high-density data-center sites globally.
Nvidia Expands Financing Strategy as Infrastructure Spending Accelerates
Nvidia already moved into debt markets in June with plans for a $25 billion United States bond issuance. The company sought additional liquidity as spending requirements increased across chip development, infrastructure partnerships, and broader artificial intelligence expansion plans. The proposed Wall Street consortium would raise Nvidia’s financing strategy to a far larger scale if negotiations produce an agreement.
Large financial groups have already backed major artificial intelligence infrastructure projects involving Nvidia and other global technology companies. Apollo and Blackstone joined Broadcom on a $35 billion capital solution supporting more than 20 gigawatts of planned compute capacity. Brookfield also launched a $100 billion global infrastructure program with Nvidia in November 2025 using equity and third-party capital.
BlackRock’s Global Infrastructure Partners expanded further by acquiring Aligned Data Centers with partners for roughly $40 billion in July. Nvidia also announced a separate partnership with SK Group exceeding $500 billion across infrastructure and advanced memory technology development. Goldman Sachs expects global artificial intelligence infrastructure investment to exceed $1 trillion during 2026 as computing demand keeps accelerating worldwide.

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TLDR
Apple tests CXMT memory chips for iPhones and MacBooks sold in China.
The move could help Apple ease memory shortages caused by strong AI demand.
U.S. restrictions may limit Apple to standard CXMT chips instead of custom parts.
CXMT plans to expand production as global demand tightens DRAM chip supplies.
HP and Acer are also using CXMT chips to secure more memory supply next year.
Apple (AAPL) shares fell Monday as the company tested Chinese memory chips for selected iPhones and MacBooks. The review centers on CXMT, a Chinese DRAM producer that could help Apple manage tight global memory supplies. Apple traded at $307.11, down 1.90%, after sharp morning declines before stabilizing near the session’s lower range.
Apple Inc., AAPL
Apple Tests CXMT Memory Chips for China Devices
Apple has tested CXMT memory chips across several product lines while weighing supply options for devices sold in China. The company also held early discussions with CXMT about providing standard memory components for future Apple products. However, any agreement must fit U.S. restrictions governing technology transfers and dealings with sensitive Chinese companies.
Current rules allow Apple to purchase standard components, but they restrict orders for chips designed to Apple’s specifications. Therefore, Apple could adjust some hardware designs if it uses standard CXMT chips in devices sold in China. That approach could secure more memory while avoiding custom manufacturing arrangements restricted under current U.S. policy.
Apple reportedly wants White House approval before advancing any supply arrangement with CXMT for products sold inside China. U.S. authorities may review the plan because the Pentagon lists CXMT among companies linked to China’s military sector. CXMT also has reported ties to Chinese government agencies overseeing information technology and state-owned enterprises.
Memory Shortage Pushes Apple Toward New Suppliers
The broader memory shortage has pressured electronics makers as data-center demand absorbs more advanced chip production. Apple has raised product prices in several markets while pointing to higher memory costs and constrained supply. As a result, the company has explored additional suppliers that could support production without disrupting major device launches.
HP and Acer have also secured limited CXMT memory supplies while manufacturers search for more available DRAM capacity. Both companies are reportedly seeking additional volumes for next year as shortages continue across the electronics industry. Their moves show how memory constraints are pushing major hardware brands toward new suppliers outside traditional channels.
CXMT has become China’s largest chipmaker by market value and one of the fastest-growing global DRAM suppliers. The company reached full production capacity this year and has considered another memory plant in Beijing to boost output. It also plans to more than double current production capacity by 2028 while prioritizing domestic Chinese technology companies.

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TLDR:
SharpLink reported a $394.3 million net loss in Q2 2026 despite $11.5 million total revenue.
Unrealized ETH losses of $321 million and $76.1 million in impairments drove the quarterly loss.
SharpLink’s ETH holdings rose to approximately 888,938 tokens as of August 3, 2026.
The company launched a $125 million Galaxy SharpLink Onchain Yield Fund after Q2 ended.

SharpLink, Inc. (Nasdaq: SBET), one of the largest publicly traded Ethereum treasury companies, reported total revenue of $11.5 million for the second quarter of 2026.
The company posted a net loss of $394.3 million for the period. Staking revenue reached $11.2 million, reflecting the company’s actively managed Ethereum treasury strategy.
SharpLink held approximately 886,881 ETH as of June 30, 2026, with holdings rising to about 888,938 ETH by August 3, 2026.
Second Quarter Financial Performance
SharpLink’s total revenue for the three months ended June 30, 2026, grew significantly from $0.7 million in the same period last year.
The increase stemmed largely from the company’s ETH treasury strategy, which launched in June 2025.
Selling, general and administrative expenses rose to $9.1 million, compared with $2.4 million a year earlier.
SharpLink Reports $394M Q2 Loss as ETH Staking Revenue Reaches $11.2M
SharpLink, the second-largest publicly traded Ethereum treasury company, reported Q2 revenue of $11.5 million, including $11.2 million from ETH staking, and a net loss of $394.3 million. The loss included… pic.twitter.com/wWT5eBsWhC
— Wu Blockchain (@WuBlockchain) August 10, 2026
The company’s net loss of $394.3 million compares with a net loss of $103.4 million in the second quarter of 2025. This increase was driven primarily by non-cash unrealized losses and impairment charges.
SharpLink recorded an unrealized loss of $321.0 million tied to Ethereum market conditions during the quarter.
Additionally, the company recorded a $76.1 million impairment charge on its LsETH and weETH holdings.
SharpLink noted these charges are non-cash accounting adjustments that do not reduce actual token holdings.
However, impairment charges lower the carrying value of these assets under U.S. GAAP and are not reversed later.
Cash and cash equivalents totaled $56.2 million as of June 30, 2026. This figure compares with $28.5 million reported at the end of December 2025. Crypto assets totaled approximately $1.4 billion on a GAAP basis at quarter’s end.
Treasury Management and Ecosystem Investments
On June 23, 2026, SharpLink completed a $75.0 million registered direct offering. The transaction included 10,013,351 shares of common stock alongside accompanying warrants. Proceeds from the offering helped fund the purchase of roughly 10,000 additional ETH tokens.
SharpLink also repurchased about 2.1 million shares during the quarter, spending approximately $10.0 million.
Since starting its buyback program in August 2025, the company has repurchased 4,071,223 shares. The total cost of these repurchases has reached approximately $41.7 million to date.
Chief Executive Officer Joseph Chalom said the company remained “highly active across both treasury management and Ethereum ecosystem development” during the quarter.
He pointed to accelerating institutional adoption and expanding onchain activity as signs of broader momentum building across the network.
Beyond treasury management, SharpLink announced anchor funding for three ecosystem organizations. EthLabs focuses on core protocol development and scaling for institutional adoption.
Ethereum Institutional serves as a front door connecting banks and asset managers to Ethereum, while EthSystems develops privacy and compliance infrastructure for regulated institutions.
Chairman Joseph Lubin, also Consensys CEO and an Ethereum co-founder, said the network is “moving from an era of proving the technology to putting it to work” as financial infrastructure.
SharpLink also joined the Russell 2000 and Russell 3000 indexes during June’s reconstitution. After the quarter closed, the company launched the Galaxy SharpLink Onchain Yield Fund.
The fund carries $125.0 million in committed capital, split between SharpLink and Galaxy Digital.
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TLDR
Novo Nordisk names AWS its preferred cloud and strategic AI partner worldwide.
Novo and AWS open a London innovation hub focused on faster drug discovery.
AWS tools will support drug targeting, therapy design, and clinical data work.
More than 25,000 Novo employees have already used tools from the partnership.
NVO stock traded at $47.26, up 0.01%, after recovering from an early decline.
Novo Nordisk (NVO) selected Amazon Web Services as its preferred cloud and strategic AI partner. The agreement targets faster drug discovery and more efficient operations across the pharmaceutical group. Novo Nordisk stock traded at $47.26, up 0.01%, after recovering from an early decline.
Novo Nordisk A/S, NVO
AWS Becomes Novo Nordisk’s Strategic Cloud Partner
Novo Nordisk will combine its disease expertise with AWS cloud and life sciences services. Research teams will process biological, clinical, imaging, and genomic information through the partnership. The agreement also supports wider development and deployment of internal digital systems.
The companies have already applied their partnership to clinical documentation and employee productivity. Novo Nordisk said the work reduced documentation time across several internal processes. More than 25,000 employees have also used tools designed to improve productivity.
Novo Nordisk will use Amazon Bio Discovery and Bedrock for research and therapy design. The company will also deploy Bedrock AgentCore across selected operational workflows. AWS will provide scalable infrastructure for scientific workloads and complex research datasets.
London Hub Targets Faster Drug Development
Novo Nordisk and AWS created a joint innovation hub at Novo’s London facility. Engineers and scientists from both companies will develop systems for medicine research. The hub will focus on shortening development from drug targets to human dosing.
Teams will connect genomic, imaging, and clinical data during early development work. Researchers will use that information to improve trial design and candidate assessment. Novo Nordisk plans to apply the approach across several chronic disease programs.
AWS will place technical specialists alongside Novo Nordisk through its engineering organization. Those teams will build systems for research, operations, data processing, and internal workflows. The setup links technology development directly with Novo Nordisk’s scientific and operational priorities.
Novo Nordisk Expands Broader Amazon Relationship
The agreement extends an existing relationship between Novo Nordisk and several Amazon businesses. Novo already works with Amazon Pharmacy, Amazon Ads, and Amazon One Medical. The latest deal expands that relationship into research infrastructure and internal technology operations.
Novo Nordisk has also expanded other technology partnerships across its global business. The company has worked with OpenAI on wider use of advanced digital tools. Novo has also used Denmark’s national supercomputer to support research workloads.
AWS has increased its life sciences work with healthcare and biotechnology companies during 2026. Recent projects include Flagship Pioneering drug discovery work and Johnson & Johnson surgical technology efforts. Novo Nordisk now adds another major pharmaceutical company to AWS’s healthcare technology portfolio.

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TLDR
American Express expands its US Open perks with lounges and fan experiences.
Amex adds transit perks, merchandise, and premium hospitality at the US Open.
Card Members gain exclusive lounge access, spending offers, and event perks.
The Centurion Lounge returns with premium dining and daily Resy reservations.
AXP stock trades at $338.32 as Amex expands its premium 2026 US Open experience.
American Express (AXP) expanded its 2026 US Open program with new fan activities, premium lounges, transit perks, and cardholder offers. AXP stock traded at $338.32, down 0.76%, after recovering from an intraday low near $337.00. The campaign runs during the tournament from August 23 through September 13 in New York.
American Express Company, AXP
Amex Expands US Open Fan Experiences
American Express will open its fan experience during US Open Fan Week with several interactive activities. The company will bring back customized tennis balls and its Dove refresh station. It will also introduce Tennis Rhythm Rally, a digital game supporting up to seven players.
Fans can personalize phone chains with tennis-themed charms at a dedicated station. Card Members will receive an extra charm and selected New York-inspired designs. American Express will also distribute free subway or bus rides during selected tournament hours.
American Express will extend its tennis campaign across New York through branded subway cars and platform advertising. The company aims to connect the tournament with travel around the city. These promotions add transportation benefits to its wider US Open marketing program.
Card Members Receive Lounge and Spending Perks
American Express will operate a Card Member Lounge for members and up to two guests. The lounge will offer exclusive merchandise, a postcard station, and a paid Moët & Chandon drink. Platinum and Centurion members can also use massage chairs while viewing live tournament coverage.
The Centurion Lounge will provide premium food, beverages, and dishes inspired by Resy partner chefs. Reservations will open through Resy at 9:30 a.m. Eastern Time from August 30 through September 13. Platinum members may bring one guest, while Centurion members may bring up to three guests.
American Express will also provide radios, shopping access, and an on-site spending offer across the grounds. Eligible members can receive $10 back after spending $100 on qualifying purchases beginning August 30. The company will also operate a checkout-free shop with snacks, drinks, and exclusive apparel.
US Open Partnership Supports Amex Experience Strategy
American Express has maintained a US Open partnership for more than three decades. The relationship supports its focus on premium access, hospitality, dining, travel, and entertainment benefits. Its 2026 program continues that approach through public activities and cardholder-only services.
The US Open sits within American Express’s portfolio of more than 50 sports properties and major events. These partnerships connect Card Members with sports, entertainment, dining, and travel experiences. The New York campaign combines hospitality, merchandise, transportation, food, and payment-linked benefits.
The 2026 program also brings back several benefits used at previous tournaments. Radios, merchandise, lounge access, and on-site offers remain subject to capacity and supply limits. Together, the features extend American Express’s long-running presence across the US Open grounds.

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TLDR
Cloudflare plans a $2.175 billion convertible notes offering maturing in 2031.
NET stock rose to $303.25 after recovering from an intraday drop below $290.
Cloudflare may raise up to $2.5 billion if buyers exercise the full option.
Capped call transactions aim to reduce dilution from future note conversions.
Proceeds may fund working capital, debt repayment, spending, and acquisitions.
Cloudflare stock climbed to $303.25, up 0.99%, after rebounding from an intraday drop below $290. The company also outlined plans for a $2.175 billion convertible senior notes offering. The transaction would add capital for corporate needs while extending Cloudflare’s financing options.
Cloudflare, Inc., NET
Cloudflare Plans $2.175 Billion Convertible Notes Offering
Cloudflare plans to sell $2.175 billion of convertible senior notes to qualified institutional buyers. The company will conduct the private offering under Rule 144A of the Securities Act. It also expects to grant purchasers an option for another $325 million of notes.
A full exercise of that option would increase the offering to $2.5 billion. The notes will rank as senior unsecured obligations and pay interest twice yearly. Cloudflare will determine the interest rate, conversion rate, and other final terms during pricing.
The notes will mature on August 15, 2031, unless conversion, redemption, or repurchase occurs earlier. Cloudflare may settle conversions using cash, Class A shares, or both forms of payment. That structure gives the company flexibility when managing future cash and share issuance.
Capped Calls Target Potential Dilution From Conversions
Cloudflare expects to enter capped call transactions with banks and other financial counterparties. Those transactions will cover shares underlying the notes, subject to customary anti-dilution adjustments. The agreements aim to reduce potential share dilution or cash payments above converted principal amounts.
Cloudflare expects the initial cap price to represent at least a 150% premium. The premium will reference Cloudflare’s last reported NYSE share price on the offering’s pricing date. Cloudflare will use part of the net proceeds to cover capped call transaction costs.
Counterparties may purchase Cloudflare shares or use derivatives while establishing their initial hedges. Such trading could affect NET’s market price around the pricing of the notes. Later hedge changes could also influence shares before maturity or following conversion and redemption activity.
Cloudflare Outlines Uses for Remaining Proceeds
Cloudflare plans to direct the remaining proceeds toward general corporate purposes after capped call costs. Uses may include working capital, capital spending, debt repayment, acquisitions, and strategic transactions. The company did not identify specific acquisition targets or assign exact amounts to those purposes.
Cloudflare will market the notes only to buyers it reasonably believes are qualified institutional purchasers. The company will use a private offering memorandum rather than a registered public offering. Cloudflare has not registered the notes or potential conversion shares under the Securities Act.
The offering remains subject to market conditions and other factors before Cloudflare completes the transaction. Hedge adjustments may continue before maturity and during periods linked to note conversions. Those transactions could influence share prices and the value noteholders receive through future conversions.

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Key Highlights
BTDR shares plummet 19.23% following disclosure of expanded Q2 net loss totaling $92.3 million.
Second-quarter revenues surge 47% year-over-year to reach $228.8 million driven by self-mining operations.
Company produces 2,694 Bitcoin while total managed hash rate exceeds 86.1 EH/s.
Adjusted EBITDA climbs to $31.1 million even as operational expenses balloon.
AI cloud infrastructure development continues as total debt obligations hit $1.8 billion.
Shares of Bitdeer Technologies Group (BTDR) plunged 19.23% to close at $8.79 following the release of second-quarter financial results showing deteriorating bottom-line performance. While the cryptocurrency mining firm delivered impressive 47% revenue expansion compared to the prior year, escalating operational expenses completely offset top-line gains. Meanwhile, the organization continued scaling both Bitcoin production capabilities and artificial intelligence infrastructure investments against a backdrop of mounting leverage.
Bitdeer Technologies Group, BTDR
Top-Line Strength Fails to Translate into Profitability
Bitdeer delivered Q2 revenues totaling $228.8 million, representing substantial growth from the $155.6 million recorded in the comparable 2025 period. Self-mining operations generated the bulk of income at $168.4 million, fueled by dramatically higher computational capacity deployment. Co-mining services contributed an additional $25.0 million to total revenues, while the emerging AI Cloud segment brought in $14.0 million.
Despite the impressive revenue performance, cost of revenue ballooned to $237.3 million from the prior year’s $143.6 million. This cost surge resulted in a gross loss of $8.5 million, marking a stark reversal from the $12.0 million gross profit achieved twelve months earlier. Gross margin turned negative at 3.7%, contrasting sharply with the positive 7.7% margin from Q2 2025.
The cryptocurrency miner reported a net loss reaching $92.3 million, significantly worse than the $62.9 million deficit posted previously. On a more positive note, adjusted EBITDA expanded to $31.1 million compared to just $4.6 million year-over-year, reflecting the benefits of increased mining scale. Nevertheless, surging expenses related to energy consumption, asset depreciation, general operations, and debt servicing severely impacted bottom-line results.
Bitcoin Production Scales Dramatically Alongside Rising Expenses
The company’s total managed computational power reached 86.1 exahashes per second (EH/s), nearly tripling from 30.6 EH/s in the year-ago quarter. Self-mining operations commanded 73.0 EH/s of this capacity, with co-mining services accounting for the remaining 15.9 EH/s. Throughout the three-month period, Bitdeer’s mining operations produced 2,694 Bitcoin, dramatically exceeding the 565 Bitcoin mined during Q2 2025.
The mining hardware fleet under company management expanded to 289,000 units from 200,000 machines in the prior-year period. Operational efficiency showed meaningful improvement, with average miner performance reaching 15.8 joules per terahash compared to the less efficient 25.7 joules per terahash previously. Average electricity costs edged modestly higher to $44 per megawatt-hour versus $43 in the comparison period.
This massive fleet expansion naturally drove significant increases in power consumption and equipment depreciation across all mining facilities. Research and development investments also climbed substantially to $36.1 million from $20.6 million year-over-year. General and administrative costs similarly increased to $34.3 million, reflecting higher personnel counts and expanded consulting engagements.
AI Cloud Investments Accelerate While Leverage Increases
Bitdeer maintained aggressive expansion of its artificial intelligence and high-performance computing capabilities across multiple global locations. The organization’s worldwide electrical infrastructure capacity now totals 2,980.2 megawatts, with 1,752 megawatts currently operational. Development initiatives progressed across facilities in Norway, Ohio, Texas, Canada, Malaysia, and Bhutan.
The Norwegian Tydal facility represents a cornerstone of the company’s AI infrastructure ambitions. The first phase is scheduled to commence operations during Q4 2026, with the subsequent phase targeted for early 2027 activation. The additional power capacity at Tydal will primarily support planned artificial intelligence and high-performance computing workloads.
As of June 30, the company held $496.3 million in cash, cash equivalents, and restricted cash. Digital currency holdings and associated receivables totaled $196.9 million, while aggregate borrowings climbed to $1.8 billion. The organization also transitioned to U.S. GAAP accounting standards effective January 2026 and restated historical financial periods to ensure comparability.

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TLDR
Meta stock rises as Muse Glimmer expands its open AI strategy and ecosystem
Meta launches with 30B parameters for efficient AI agent workloads
Meta plans AI cloud services with dynamic pricing for computing resources
Meta proposes new AI governance and stronger government collaboration model
Meta expands AI privacy, data center investments, and workforce initiatives
Meta (META) stock climbed to $599.67, gaining 1.28% after the company introduced its new Muse Glimmer artificial intelligence model. The shares traded just below the $600 level while the announcement highlighted Meta’s expanding artificial intelligence strategy. The release added another milestone to the company’s broader push into open artificial intelligence technologies.
Meta Platforms, Inc., META
Meta expands open AI strategy with Muse Glimmer
Meta launched Muse Glimmer, a compact artificial intelligence model containing 30 billion parameters for operation on a single graphics processor. The company designed the model for agent-based tasks, including scheduling, file management, and rapid prototype development.Meta positioned Muse Glimmer as a distilled version of its larger Muse Spark 1.2 model.
The company also released the model weights through Hugging Face to support wider developer access. Meta strengthened its commitment to open artificial intelligence while expanding its developer ecosystem. The move also increased direct competition with DeepSeek and Alibaba in open-weight artificial intelligence.
Meta introduced the launch alongside its Personal Superintelligence strategy led by Chief Executive Mark Zuckerberg. The initiative promotes broader access to advanced artificial intelligence instead of concentrating powerful systems within limited organizations. The strategy supports wider availability of advanced tools for individuals and businesses.
Meta updates AI governance and cloud infrastructure plans
Meta outlined new governance measures for future artificial intelligence releases across its development programs. The company plans to give independent directors responsibility for approving safety standards and reviewing compliance before model launches. The proposal reduces exclusive decision-making authority within executive leadership.
The company also proposed a revised framework for cooperation with United States government agencies on artificial intelligence development. Instead of delaying public releases, Meta plans to share intermediate training checkpoints during development. Government agencies could review potential security concerns before final model deployment.
Meta confirmed that Meta Superintelligence Labs has started operations and will resume selected open-source model releases. The company also continues supporting model distillation to improve efficiency across smaller artificial intelligence systems. Meta announced plans for cloud computing services using dynamic pricing based on demand and available computing capacity.
Meta expands privacy features and data center investments
Meta continued developing privacy protections for future personal artificial intelligence agents across its ecosystem. The company plans a private operating mode using protections similar to WhatsApp’s end-to-end encryption model.Processed tasks and personal information would remain inaccessible to Meta under the proposed framework.
The company also expanded community programs supporting artificial intelligence data center construction across the United States. Its Future Is For Everyone Fund provides financial assistance to communities hosting infrastructure projects.America’s Workforce Academy offers free training for skilled construction and electrical trades supporting artificial intelligence facilities.
Meta also announced environmental commitments supporting long-term infrastructure expansion across growing artificial intelligence operations. The company targets becoming 200% water-positive in highly stressed regions by 2030 while expanding energy investments. These initiatives support Meta’s broader strategy combining open artificial intelligence, cloud infrastructure, privacy, governance, and community development.
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Key Takeaways
SharpLink’s Q2 revenue climbed to $11.5M, but the company posted a $394.3M net loss.
SBET shares declined 5.83% to $6.05 following the quarterly earnings release.
The company’s Ethereum treasury grew to 888,938 ETH by early August from 886,881 ETH in June.
SharpLink acquired roughly 10,000 ETH following a $75 million capital raise.
A $125M onchain yield fund partnership with Galaxy was announced post-quarter.
SharpLink Inc. reported significantly expanded losses during its second fiscal quarter as cryptocurrency market volatility overshadowed robust revenue growth. The digital asset-focused company generated $11.5 million in quarterly revenue, marking a dramatic increase from the $0.7 million recorded in the prior-year period. Following the earnings announcement, SBET stock traded at $6.05, representing a 5.83% decline after experiencing deeper losses earlier in the session.

Sharplink, Inc., SBET
Quarterly Losses Expand Dramatically Despite Revenue Strength
The company’s net loss ballooned to $394.3 million during the three-month period, substantially higher than the $103.4 million loss reported in the comparable quarter of the previous year. The vast majority of this deficit stemmed from non-cash accounting entries related to Ethereum’s price fluctuations throughout the reporting period. SharpLink recognized a $321 million unrealized loss reflecting the digital asset’s market performance during the quarter.
Additionally, the company took a $76.1 million impairment charge associated with its LsETH and weETH positions. These accounting adjustments reduced the book value of these assets without affecting the actual quantity of tokens maintained in the company’s portfolio. While SharpLink did record some realized gains that partially mitigated the overall loss, these were insufficient to meaningfully offset the substantially larger deficit.
Operational expenses also rose considerably as SharpLink scaled its Ethereum accumulation strategy and enhanced its public company capabilities. Selling, general, and administrative expenses totaled $9.1 million for the quarter, a significant jump from the $2.4 million incurred during the same three-month span last year. This increase reflected higher spending across personnel, custody services, insurance coverage, legal counsel, and accounting functions.
Digital Asset Holdings Approach 889,000 Ethereum Tokens
SharpLink’s Ethereum position stood at approximately 886,881 ETH as of June 30, with further accumulation occurring after quarter-end. By August 3, the company’s holdings had expanded to roughly 888,938 ETH across all treasury accounts. Under U.S. GAAP accounting standards, these cryptocurrency assets carried a valuation of $1.4 billion at the close of the reporting period.
The company completed a $75 million capital raise through a registered direct offering that closed on June 23. This transaction involved issuing common stock along with accompanying warrants at a combined price of $7.49 per unit. SharpLink deployed a portion of these proceeds to acquire approximately 10,000 ETH at an average purchase price around $1,611 per token.
Simultaneously, SharpLink maintained its share buyback initiative while continuing to expand its digital asset position. During the quarter, the company repurchased approximately 2.1 million shares for a total expenditure of about $10 million. From August 2025 through the reporting period, cumulative repurchases reached 4.07 million shares at an aggregate investment of nearly $41.7 million.
Company Advances Ethereum Ecosystem Development and Yield Generation
SharpLink allocated capital to support independent organizations advancing various aspects of Ethereum’s growth and adoption. The company provided backing to EthLabs, Ethereum Institutional, and EthSystems as components of its comprehensive ecosystem expansion approach. Each organization addresses distinct segments of Ethereum adoption, spanning protocol advancement, enterprise integration, and regulatory-compliant privacy solutions.
Ethereum Institutional has established relationships with over 500 institutional participants including banking institutions, investment managers, custodial providers, and market infrastructure companies. The organization has also facilitated gatherings of more than 150 executive-level decision-makers representing approximately $250 trillion in aggregate managed assets. EthSystems concentrates on developing privacy and compliance technologies for regulated entities deploying Ethereum infrastructure at institutional scale.
Following the conclusion of the quarter, SharpLink unveiled the Galaxy SharpLink Onchain Yield Fund with $125 million in initial committed capital. SharpLink contributed $100 million to the fund, while Galaxy committed $25 million and assumed fund management responsibilities. In a separate development, Russell Investments added SharpLink to both the Russell 2000 and Russell 3000 indexes as part of its June 2026 annual reconstitution process.

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TLDR
New CFO Christine Chambers joins as lidar commercialization gains momentum
Christine Chambers takes charge of finance as lidar growth plans accelerate
Leadership transition brings new financial expertise during commercialization
New finance chief arrives as the company expands its lidar technology push
Christine Chambers brings public-company experience to the growth strategy
MicroVision stock climbed 24.08% to $4.20 as the company announced a major finance leadership change. The lidar technology company named Christine Chambers as its new Chief Financial Officer, effective August 27, 2026. The appointment comes as MicroVision expands commercialization across automotive, industrial, and security and defense markets.
MicroVision, Inc., MVIS
New CFO Arrives During Commercialization Push
Chambers will lead MicroVision’s global finance organization and support its wider strategic prioritie. The company continues developing lidar, perception software, and semiconductor technologies for several commercial markets. The leadership change therefore comes as MicroVision moves from technology development toward broader commercial execution.
Chambers brings more than two decades of financial leadership across public and high-growth technology companies. Before joining MicroVision, she served as CFO of Nasdaq-listed Fusemachines, an enterprise artificial intelligence company. She also held senior financial leadership positions at PetMed Express, RealNetworks, and Rosetta Stone.
Her background includes public-company reporting, financial operations, business planning, and growth management. In addition, her previous CFO positions provide experience with companies operating through periods of business transformation. MicroVision expects that experience to support stronger financial discipline as its commercial activities expand.
MicroVision Expands Lidar and Perception Portfolio
MicroVision has built a portfolio covering lidar sensors, perception software, and semiconductor technologies. The company targets automotive, industrial, and security and defense applications with these technologie. Its strategy increasingly focuses on turning its technology portfolio into commercial opportunities.
MicroVision offers short- and long-range lidar solutions for different operating requirements. Its portfolio includes solid-state sensors, different wavelengths, advanced sensor architectures, and open software solutions. The company also emphasizes design-to-cost engineering to support wider economic scalability.
The company operates engineering centers in the United States and Germany as it develops its technology portfolio MicroVision positions its solutions around real-world performance and automotive-grade reliability. That positioning supports its broader effort to move lidar technology beyond proof-of-concept deployments.
Leadership Change Supports Financial Discipline
Chambers will take responsibility for the company’s finance organization when her appointment becomes effective. She will also work with Chief Executive Officer Glen DeVos and the broader leadership team. They will focus on financial discipline, operational execution, and sustainable business growth.
MicroVision said Chambers will help align financial operations with its commercial and strategic priorities. This focus becomes important as the company expands across multiple markets and develops customer opportunities. At the same time, stronger financial management can support planning as commercialization activity increases.
Chambers holds an MBA from the University of Washington and a bachelor’s degree in finance. She earned her finance degree from Loughborough University in the United Kingdom. She also holds Associate Member status with the Chartered Global Management Accountants organization.
Steve Hrynewich Completes Interim Finance Role
Chambers will succeed Steve Hrynewich, who has led MicroVision’s finance organization on an interim basis. Hrynewich handled the finance leadership function during the transition before the company appointed a permanent CFO. MicroVision’s management recognized his contribution during that interim period.
The transition gives MicroVision a permanent finance leader as its commercial strategy continues to develop. Chambers brings direct CFO experience from several publicly traded technology businesses. That experience aligns with MicroVision’s need for financial structure as its market activities broaden.
MicroVision now enters the next phase with a leadership structure focused on commercial execution. The company will continue targeting automotive, industrial, and security and defense opportunities with its technology portfolio. Chambers will oversee financial operations as MicroVision works to convert technology opportunities into sustainable growth.
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Key Highlights
South Korean legislator proposes extending crypto tax implementation by three years
Proposed legislation would postpone virtual asset taxation from 2027 to 2030
Virtual asset profits exceeding 2.5 million won per year would incur 22% taxation
Opposition party simultaneously backs complete elimination of cryptocurrency tax legislation
Nation develops comprehensive digital asset regulations amid taxation controversy
A South Korean legislator has introduced a proposal to extend the nation’s virtual asset income tax deadline by three years. Jeong Seong-guk, representing the People Power Party, advocates shifting the implementation timeline from January 1, 2027, to January 1, 2030. The legislative proposal maintains existing tax structures while providing extended preparation time for regulatory refinement.
Legislative Push for Extended Timeline Emerges
Jeong’s strategy involves modifying the Income Tax Act to alter the scheduled enforcement date. His rationale emphasizes the necessity for additional time to examine taxation policies and establish stronger safeguards for cryptocurrency market participants. The extension would provide regulatory bodies with extended preparation periods for establishing administrative frameworks prior to enforcement.
According to the existing regulatory structure, South Korea plans to categorize cryptocurrency transaction and lending revenues as miscellaneous income. Yearly profits surpassing 2.5 million won would be subject to a 22% aggregate tax burden. This calculation combines a 20% federal income levy with a 2% municipal income assessment.
The taxation framework encompasses digital currencies including Bitcoin and Ethereum within current legislative provisions. Nevertheless, Jeong advocates for legislative postponement while comprehensive regulatory deliberations proceed. His initiative presents an alternative to competing legislation that aims to eliminate the tax requirement entirely.
Controversy Surrounds 2027 Implementation Timeline
Government officials recently reaffirmed the 2027 launch date within their most recent tax reform proposal. South Korea’s Ministry of Economy and Finance declined to incorporate additional postponements in the package. Legislative bodies retain authority to modify the schedule before the designated commencement date.
Finance Minister Koo Yun-cheol has expressed support for implementing the tax according to the present timeline. He has suggested that authorities can refine the regulatory framework following practical implementation experience. This stance contradicts opposition legislators who advocate for either extended delays or complete abolition.
The country has repeatedly deferred cryptocurrency taxation since parliamentary approval of the framework in 2020. Initial implementation was scheduled for January 2022 before successive postponements to 2023, then 2025. Legislators subsequently extended the effective date once more to January 2027.
Opposition Party Advocates Comprehensive Tax Reform
People Power Party representatives contend that current regulations create disparate treatment across asset categories. The nation eliminated its proposed financial investment income tax affecting conventional stock market profits. Opposition members argue that imposing taxes on cryptocurrency earnings while exempting most equity gains establishes regulatory imbalance.
Legislator Song Eon-seok has independently introduced legislation to eliminate the cryptocurrency income tax clause from the Income Tax Act. The National Assembly’s Finance and Economic Planning Committee currently examines this proposal. Government and governing coalition backing for taxation may complicate efforts toward complete repeal.
South Korea continues developing extensive digital asset regulations concurrent with taxation discussions. Regulatory authorities are drafting legislation addressing stablecoins, trading platforms, disclosure requirements, internal governance, and market infrastructure. Jeong has additionally championed legislation permitting institutional cryptocurrency investment through spot exchange-traded funds.

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Key Points
Billionaire consortium headed by Amit Bhatia nears acquisition of 30% Liverpool FC ownership
Investment group features Amazon’s Jeff Bezos and Meta co-founder Eduardo Saverin
Liverpool FC commanded at approximately $6 billion valuation
Current owner Fenway Sports Group set to maintain majority control
Club achieved unprecedented £703 million revenue in 2024-25 fiscal period
The world’s fourth-wealthiest individual, Jeff Bezos, is advancing toward acquiring an ownership position in Liverpool Football Club through a consortium of ultra-wealthy investors. British-Indian entrepreneur Amit Bhatia spearheads the investment collective, which also counts Facebook’s co-creator Eduardo Saverin among its members.
A consortium including Jeff Bezos is close to agreeing to buy a large minority stake in Liverpool pic.twitter.com/CtN2vl2Soc
— Sky Sports Premier League (@SkySportsPL) August 10, 2026
Current proprietor Fenway Sports Group, Liverpool’s steward since 2010, acknowledged in recent weeks that discussions with the consortium regarding a strategic minority stake are underway. Should negotiations conclude successfully, FSG will retain operational authority over the historic club.
The potential transaction assigns Liverpool an estimated value of approximately $6 billion. Industry insiders suggest an official announcement could materialize in the near term.
The Power Players Behind the Investment
Leading the consortium is Amit Bhatia, whose connection to Indian steel magnate Lakshmi Mittal comes through marriage. His extensive football experience includes an 18-year tenure as director and part-owner of Queens Park Rangers, a position he relinquished just last month.
Eduardo Saverin, the Brazilian-born American entrepreneur, earned his fortune as one of Facebook’s original founders, the social media giant now operating under the Meta umbrella.
At 62 years old, Jeff Bezos commands an estimated fortune of $256 billion, placing him fourth on Forbes’ global wealth rankings. After transitioning from his role as Amazon CEO in 2021, he has expanded his portfolio to include The Washington Post newspaper and Blue Origin, his space exploration venture.
This wouldn’t be Bezos’s first foray into professional sports ownership discussions. He previously evaluated opportunities to purchase NFL teams, including the Washington Commanders and Seattle Seahawks, though neither pursuit resulted in formal bids.
Liverpool’s Commercial Success
The Merseyside club has experienced remarkable commercial expansion in recent years. Research conducted by Deloitte in January revealed Liverpool had surpassed all Premier League competitors in revenue generation for the first time.
The milestone £703 million revenue figure for the 2024-25 financial year, disclosed earlier this year, represents an all-time high for the institution.
When FSG acquired Liverpool for £300 million in 2010, few could have predicted the club’s meteoric rise to become one of global sport’s most lucrative properties.
Forbes’ latest valuation rankings position Liverpool as the world’s fourth most valuable football club at $6.2 billion. Spanish giant Real Madrid tops the list at $9.5 billion, with Barcelona claiming second place at $7.5 billion and Manchester United occupying third at $7.2 billion.
The remaining top-ten positions include Paris Saint-Germain, Bayern Munich, Manchester City, Arsenal, Chelsea, and Tottenham Hotspur.
This wouldn’t represent FSG’s first partial divestment, having previously welcomed sports investment company Dynasty Equity as a minority stakeholder. The current proposal would introduce an exceptionally prominent investor group to Liverpool’s ownership structure.
When approached by BBC Sport for commentary on the developing situation, FSG declined to expand beyond their previous public statement.
Finalization of this agreement would represent Bezos’s inaugural entry into sports franchise ownership, following years of speculation about his intentions to enter the arena.
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Key Highlights
Intel announces $15 billion equity raise to accelerate chip manufacturing transformation
Berkshire Hathaway shares gain momentum following robust quarterly performance and Greg Abel’s capital deployment strategy
Barrick Mining shares decline on disappointing earnings, though company finalizes $1.95 billion settlement with Newmont
Meta unveils latest open-weight AI model, intensifying competition in the artificial intelligence arena
JPMorgan boosts S&P 500 year-end projection to 8,000 on earnings strength and AI capital spending
Intel has announced plans to secure approximately $15 billion through an equity offering. The semiconductor giant intends to channel these proceeds into its ambitious manufacturing overhaul as it works to narrow the gap with Taiwan Semiconductor Manufacturing Company in cutting-edge chip fabrication.
The announcement triggered downward pressure on Intel shares due to shareholder dilution worries. Nevertheless, the company has delivered impressive gains in 2026, fueled by confidence in its reorganization strategy and surging appetite for AI-enabled processors.
Berkshire Hathaway Gains Traction With Solid Performance
Berkshire Hathaway shares advanced following the release of operating earnings that surpassed analyst expectations. Under new chief executive Greg Abel, there are emerging indications that the company’s substantial cash stockpile will be deployed more actively.
The conglomerate has restarted its stock repurchase program, providing additional support for investor sentiment. Berkshire maintains consistent cash generation from its diversified portfolio spanning insurance operations, freight rail, utilities, and industrial holdings.
Market participants are paying close attention to Abel’s stewardship following Warren Buffett’s transition from the chief executive role.
Barrick Mining Weakens Amid Gold Price Strength
Barrick Mining shares declined following quarterly results that fell short of analyst projections. Elevated operational expenses compressed margins despite gold trading near record levels.
The company unveiled a significant agreement with Newmont concerning their Nevada Gold Mines collaboration. Under the settlement terms, Newmont will transfer approximately $1.95 billion to Barrick.
This resolution eliminates a persistent point of contention between the mining giants. The deal may also facilitate Barrick’s plans to potentially spin off certain North American gold operations.
Market observers are focused on whether Barrick can reduce its cost structure and convert elevated gold valuations into improved bottom-line performance.
Meta Accelerates Artificial Intelligence Strategy With Latest Release
Meta introduced a new open-weight AI model, advancing CEO Mark Zuckerberg’s ambition to position the company as a dominant player in artificial intelligence. This development places Meta in more intense rivalry with OpenAI, Alphabet, and Anthropic.
The social media powerhouse has committed substantial resources to AI-related infrastructure, including massive data center expansions and semiconductor acquisitions. The company is integrating AI capabilities across Facebook, Instagram, and WhatsApp platforms.
Meta’s established advertising empire provides a competitive advantage. With billions of active users and monetized platforms already in place, the company has built-in distribution channels for emerging AI applications.
JPMorgan Elevates S&P 500 Projection to 8,000
JPMorgan increased its year-end S&P 500 forecast from 7,800 to 8,000. The investment bank cited better-than-anticipated corporate profitability and sustained capital allocation toward AI infrastructure and cloud technologies.
The firm also upgraded its 2026 earnings-per-share estimate for the S&P 500 to $365. This revision indicates American corporations are demonstrating greater resilience than initially anticipated earlier this year.
The primary short-term concern remains inflation dynamics. Upcoming releases of the Consumer Price Index, Producer Price Index, and retail sales figures may influence market expectations regarding Federal Reserve monetary policy adjustments.
Robust corporate earnings combined with AI-driven optimism continue to underpin U.S. equity markets in the current environment.
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Key Takeaways
Shares of Everpure climbed 10% Monday following a Susquehanna upgrade from Neutral to Positive
The firm boosted its price target to $120 from $85, suggesting approximately 33% potential upside
Growing demand for 2Tb QLC-based high-capacity SSDs is emerging after prolonged delays spanning nearly 12 months
Morgan Stanley simultaneously upgraded shares to Overweight with a $108 target price
The company’s Q2 FY2027 financial results are scheduled for release on August 26, with analysts projecting $0.58 EPS and $1.1B in revenue
Shares of Everpure (P) surged 10% during early Monday trading after receiving an upgrade from Susquehanna, which moved its rating from Neutral to Positive while elevating the price target to $120 from the previous $85 level.
This revised target price indicates potential upside of approximately 33% based on Friday’s closing price. Monday’s opening price registered at $89.92.
According to Susquehanna analyst Mehdi Hosseini, recent supply chain research indicates that orders for 2Tb QLC-based, high-volume SSDs are beginning to materialize following an extended period of postponements lasting close to 12 months.
“Combined with Everpure’s broad and diversified product portfolio, we believe this has driven a more diversified hyperscaler customer mix,” Hosseini wrote in a Monday investor note.
According to Hosseini’s analysis, this strategic positioning enables the company to capitalize on heightened mass-capacity SSD procurement during the latter half of 2026, especially for key-value cache offloading use cases.
Profitability Outlook Improves
Hosseini additionally identified enterprise clients as a significant growth catalyst, pointing to infrastructure modernization initiatives and storage requirements for local AI inference workloads.
Revenue generated from hyperscaler partnerships generally delivers gross margins ranging between 75% and 85%. Everpure’s latest quarterly report, which contained zero hyperscaler product sales, recorded a GAAP gross margin of 68.7% alongside an adjusted gross margin of 70.1%.
This margin differential suggests that any acceleration in hyperscaler-related sales could substantially boost overall profitability metrics.
Morgan Stanley joined the optimistic chorus on Monday, elevating its rating to Overweight from Equal Weight while increasing its price objective from $87 to $108.
The overall analyst sentiment leans favorable. Among 21 analysts tracking the company, 15 maintain Buy recommendations, five hold neutral positions, and one rates it a Sell. The average price target stands at $98.30.
Looking Ahead
Everpure is scheduled to announce Q2 FY2027 earnings following the closing bell on August 26. Analyst expectations call for adjusted earnings per share of $0.58 alongside revenue totaling $1.1B.
For comparison, the company exceeded projections in its previous quarterly report. It delivered EPS of $0.47 compared to the $0.40 forecast, while revenue reached $1.05B versus the anticipated $997.88M. This represented year-over-year revenue expansion of 35.2%.
A noteworthy development: company insiders have divested $25.8 million in shares during the previous 90-day window. This includes two transactions by board members executed in late June.
Institutional investors continue to hold significant stakes, representing 83.42% of total shares outstanding, with Goldman Sachs substantially increasing its holdings in Q1 by acquiring an additional 595,307 shares, effectively doubling its position.
The stock has traded within a 52-week band of $54.37 to $100.59 and currently commands a market capitalization of roughly $29.89 billion.
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Key Highlights
BlackRock introduces IBQT to Canadian investors, featuring a modest 3% Bitcoin allocation.
The portfolio structure devotes 97% to worldwide equity markets and 3% to cryptocurrency via iShares IBIT.
XINT provides exposure to approximately 5,000 corporations spanning more than 40 global markets.
Trading commenced for both iShares products on Toronto Stock Exchange this week.
The launch strengthens BlackRock’s comprehensive ETF offerings via its partnership with RBC iShares.
The world’s largest asset manager rolled out two fresh exchange-traded funds in Canada this week, with one featuring a conservative Bitcoin position. Trading activity for both instruments kicked off on the Toronto Stock Exchange under the RBC iShares partnership framework. These additions diversify BlackRock’s Canadian investment product suite with international equity and digital currency options.
IBQT Introduces Measured Cryptocurrency Component
Listed under the ticker IBQT, the iShares Equity + Bitcoin ETF Portfolio merges worldwide stock holdings with cryptocurrency participation. The fund’s construction dedicates 97% of assets to equity positions spanning Canadian, American, international, and developing-nation markets. A conservative 3% allocation provides Bitcoin access through the Canadian iShares Bitcoin ETF, which operates under the IBIT ticker.
Rather than purchasing individual securities directly, IBQT primarily invests in other iShares exchange-traded funds. This layered approach distributes equity market participation across multiple geographic territories while maintaining cryptocurrency as a minor portfolio element. The investment vehicle aims for sustained capital appreciation by balancing diversified stock exposure with controlled digital asset participation.
According to a recent report, IBQT implements an annual management charge of 0.22%. BlackRock markets this product as a consolidated single-ticker solution that merges conventional equity investments with measured Bitcoin participation. This framework broadens the firm’s all-in-one ETF collection by incorporating digital asset strategies.
XINT Delivers Comprehensive Global Market Coverage
The asset manager simultaneously unveiled the iShares Core MSCI All-International Equity Index ETF, trading as XINT. This fund pursues international corporations beyond Canadian and American borders by replicating a comprehensive global benchmark. With a 0.23% annual expense ratio, XINT mirrors the performance of the MSCI ACWI ex North America IMI Index.
The reference benchmark encompasses approximately 5,000 enterprises distributed across more than 40 developed and emerging economies. Coverage spans large-capitalization firms alongside mid-sized and smaller companies throughout various international territories. Consequently, XINT delivers extensive global market participation while deliberately excluding North American securities.
BlackRock’s design positions XINT as a foundational component for investors seeking international equity diversification beyond North American markets. The fund pursues sustained capital appreciation by tracking its designated benchmark index. Its comprehensive geographic reach complements existing Canadian and United States equity solutions within the iShares product family.
Strategic Partnership Strengthens Canadian Market Presence
Both newly introduced exchange-traded funds function through BlackRock Asset Management Canada under the RBC iShares collaborative framework. This strategic alliance merges BlackRock’s extensive ETF infrastructure with Royal Bank’s comprehensive Canadian distribution network. The collaboration focuses on delivering simplified market participation through cost-efficient exchange-traded investment vehicles.
These recent product introductions reinforce BlackRock’s Canadian investment portfolio while incorporating another cryptocurrency-adjacent strategy. IBQT distinguishes itself from pure Bitcoin funds by allocating 97% toward traditional equity markets. Digital asset exposure remains intentionally constrained while preserving substantial stock market diversification.
BlackRock’s iShares division oversaw approximately $6.2 trillion in assets distributed among more than 1,700 ETFs as of June 30. These Canadian fund additions extend that infrastructure into international equity strategies and measured digital asset allocation. XINT expands non-North American equity access, while IBQT incorporates a controlled Bitcoin element within a balanced investment framework.

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TLDR:
Keel decommissioned all U.S. Bitcoin mining sites, completing its shift to AI and HPC infrastructure.
Q2 revenue fell 50% year over year to $30.4M, with the company posting a $65M net loss overall.
Keel sold 1,085 BTC for $75M since April, leaving 1,861 BTC in its remaining treasury reserves.
Total liquidity reached $819M, supporting site development at Panther Creek, Sharon, and Moses Lake.

Keel Infrastructure has shut down all of its Bitcoin mining operations in the United States, completing a transition it first signaled in 2025.
The company is repurposing its former mining sites for artificial intelligence and high-performance computing data centers.
Second-quarter revenue fell 50% year over year to $30.4 million, and Keel posted a $65 million net loss as the shift accelerated.
Mining Exit Reshapes Company Strategy
Keel Infrastructure confirmed the decommissioning of its remaining U.S. Bitcoin mining sites during the second quarter of 2026.
The shutdown builds on the closure of the Moses Lake mining operation in April, extending the wind-down across the company’s full domestic footprint. Executives framed the move as the final step in a strategy set in motion the previous year.
The pivot centers on converting former mining infrastructure into sites built for AI and HPC workloads. CEO Ben Gagnon said power supply, not chip availability or customer demand, is now the binding constraint on growth.
“Power is the constraint. Everything else is downstream of it,” Gagnon said, adding that all three priority sites are nearing full permitting with multiple tenants negotiating for each one.
Gagnon also pointed to the company’s uncommitted 2027 capacity as a source of leverage in ongoing talks. “With $819 million of liquidity and uncommitted 2027 capacity across PJM and Washington, we are negotiating from a position of strength,” he said. That framing places Keel’s financial cushion directly behind its site-by-site negotiations with prospective tenants.
Alongside the operational shift, Keel continued reducing its Bitcoin holdings. The company sold 1,085 BTC for about $75 million between April 1 and August 7, part of a previously disclosed plan to wind down its crypto position. That left Keel with 1,861 BTC, worth roughly $121 million, held as unencumbered reserves within its total liquidity.
Financial Results Reflect Transition Costs
Total liquidity reached approximately $819 million as of August 7, made up of about $698 million in unrestricted cash plus the remaining Bitcoin balance.
A $458 million convertible note offering during the quarter contributed to that cash position. CFO Jonathan Mir said the balance sheet gives Keel room to make strategic choices as construction ramps up.
“Our strong financial position gives us the ability to make strategic commercial decisions and advance our sites on a schedule that our customers will require,” Mir said. He added that the company believes it can finance each site’s construction on terms that create value for shareholders.
Revenue from continuing operations dropped to $30 million, driven by lower Bitcoin prices and the mining shutdown itself.
General and administrative expenses rose to $31 million from $19 million a year earlier, tied to hiring senior technical staff as Keel scaled into project management for its data center sites.
Operating losses widened to $141 million, including $84 million in non-cash depreciation charges, compared with an $11 million operating profit in the same quarter of 2025.
EBITDA fell to negative $24 million, reversing a positive $7 million figure from a year earlier. Despite the losses, Keel received its first Vertiv modules at Moses Lake and began finalizing fiber contracts across all three priority sites during the quarter.
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Key Takeaways
The ‘Big Short’ investor Michael Burry declared Berkshire Hathaway no longer appealing as an investment opportunity
Burry’s primary worry centers on whether Greg Abel possesses Warren Buffett’s trademark patience for exceptional investments
Under Abel’s leadership, Berkshire authorized $4.5 billion in stock repurchases during the second quarter of 2026
The company’s cash reserves stood at $365.5 billion at Q2’s close, reflecting approximately a 2% decline from 2025 year-end
Year-to-date performance shows Berkshire’s Class B stock climbing only 3.8%, lagging behind the S&P 500’s 13.3% gain
The legendary investor who famously forecasted the 2008 financial crisis has soured on Berkshire Hathaway. Michael Burry declared via X over the weekend that the conglomerate no longer represents an appealing investment opportunity following Warren Buffett’s retirement from leadership.
For years, Burry expressed apprehension about Berkshire’s post-Buffett future. His primary anxiety centered on whether any replacement could replicate Buffett’s extraordinary patience—his ability to wait indefinitely for what he famously termed a “fat pitch” investment opportunity.
Buffett borrowed this concept from baseball icon Ted Williams. The phrase represents an investment opportunity so compelling, with minimal risk and exceptional upside potential, that it warrants aggressive action.
Burry’s Assessment of the New Leadership
In his X post, Burry stated: “My biggest fear for Berkshire Hathaway was that Warren Buffett’s eventual successor would lack Buffett’s patience and discipline to wait for the right fat pitch. I believe this fear has come true.”
He continued: “I do not find Berkshire an attractive investment going forward.”
Greg Abel assumed the CEO position from Buffett in January 2026. Having completed two full quarters at the helm, Abel’s management of Berkshire’s substantial cash holdings has become a focal point for market observers.
Abel has begun allocating capital more actively. During Q2 2026, the company repurchased $4.5 billion worth of its own shares. This represents a dramatic increase from the modest $234.2 million buyback in Q1—the first such transaction since the previous May.
Substantial Cash Reserves Remain
Even with recent deployment activities, Berkshire maintained $365.5 billion in liquid assets—including cash, equivalents, and short-term securities—at the conclusion of Q2. This figure represents only a modest decrease from the position when Buffett transferred control at 2025’s end.
Burry recognized the substantial remaining reserves. He characterized Abel’s actions as “look to be more framing moves than investment moves,” implying he interprets these decisions as strategic positioning rather than high-conviction deployments.
Berkshire reported impressive quarterly financial results. Second-quarter earnings surged more than twofold, propelled by portfolio gains and robust performance across industrial and retail operations.
Despite solid fundamentals, the stock has lagged market benchmarks. Berkshire’s Class B shares have appreciated merely 3.8% during 2026. By comparison, the S&P 500 index has advanced 13.3% in the identical timeframe.
Trading activity on Monday showed Class B shares at $534.47, representing an intraday gain of approximately 2.43%.
Burry’s social media commentary generated more than 1,500 responses. His criticism carries particular weight considering Berkshire’s longstanding reputation as a conservative, dependable holding rather than a speculative bet.
The fundamental issue Burry highlights is whether Berkshire merits the valuation premium investors have traditionally granted it now that its architect no longer guides the organization.
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Key Highlights
Ark Invest accumulated approximately $37M in SpaceX stock following the company’s earnings-related decline, representing the week’s top purchase
The stablecoin issuer Circle Internet Group received Ark’s largest crypto investment, totaling around $39M distributed among several funds
Additional investments flowed into Coinbase, CoreWeave, Cerebras Systems, and Nvidia, strengthening the firm’s AI and cryptocurrency positions
The gaming platform Roblox faced the most significant divestment, with Ark liquidating 2.64M shares valued at approximately $96M
Shopify and Palantir experienced substantial position reductions, complemented by decreased holdings in AMD, Snowflake, and CrowdStrike
During the opening week of August, Cathie Wood’s Ark Invest executed substantial portfolio adjustments, significantly increasing positions in aerospace, artificial intelligence infrastructure, and digital assets while simultaneously reducing stakes in gaming, enterprise software, and medical technology sectors.
The aerospace manufacturer SpaceX emerged as Ark’s most substantial acquisition for the period. The investment management firm accumulated 316,963 shares distributed across four distinct funds, representing a combined investment of approximately $36.9M. Ark initiated purchases on August 5 when shares declined 13.6% immediately after the company released its inaugural earnings report as a publicly traded entity. SpaceX reported revenue reaching $7.8B, marking a 92% increase compared to the previous year, though market participants initially responded unfavorably to the company’s substantial AI infrastructure capital expenditures. Ark resumed purchasing on August 7 as shares recovered with a 15.8% gain.
Cryptocurrency Positions Expand
Circle Internet Group secured the position as the week’s most significant cryptocurrency-related acquisition. Ark accumulated 610,177 shares with an approximate value of $39M. These purchases occurred following Circle’s second-quarter revenue figures that fell short of analyst projections. The circulation of Circle’s USDC stablecoin expanded 19% year-over-year to reach $73.3B, while onchain transaction volumes surged 151% to $14.8T.
Coinbase represented another noteworthy expansion. Ark acquired 114,444 shares valued at approximately $17M. Block also received attention, with 267,676 shares purchased totaling about $21M.
Continued Emphasis on AI Computing
Ark secured 169,616 shares of CoreWeave for $13.2M, expanding its position in GPU-based cloud computing infrastructure. The investment firm additionally acquired 65,677 shares of Cerebras Systems for $13.1M, targeting a specialist in AI-focused computing hardware.
Nvidia received allocations across five separate funds, with 80,415 shares acquired for approximately $17.6M. Nvidia’s data center networking division reported revenue growth approaching 200% year-over-year in the most recent quarter. The four dominant hyperscale cloud providers are projected to allocate up to $725 billion in capital expenditures this year, representing a 77% annual increase, with Nvidia positioned to secure a substantial share of these investments.
Cloudflare experienced both selling and buying activity within the same timeframe. Ark initially divested shares early in the week before reversing direction and purchasing 114,134 shares worth $35.4M following Cloudflare’s announcement of 35.9% revenue expansion and improved full-year guidance. Amazon also joined the purchase list, with 73,835 shares acquired for roughly $21M.
Major Position Reductions
Roblox represented by far the most substantial divestment. Ark liquidated 2.64M shares valued at roughly $96M, including a single-day transaction of 1.6M shares from one fund on August 7. The stock appreciated 4.9% during that trading session.
Shopify experienced $35M in share sales spanning three funds. Palantir faced a $21M position reduction. More modest decreases affected AMD, Snowflake, CrowdStrike, Natera, and Roku.
Industrial sector holdings including Caterpillar, Garmin, Deere, and Komatsu also underwent position trimming.
The post Ark Invest’s Latest Portfolio Shifts: $37M SpaceX Stake, $96M Roblox Exit in August 2026 appeared first on Blockonomi.

TLDR:
Ethereum roadmap now prioritizes quantum safety, replacing several 2023 plans with newer solutions.
Native rollups enter Ethereum’s plans as zero-knowledge proof technology matures rapidly.
Privacy protections gain first-class status through keyed nonces and lean privacy pool systems.
AI-assisted formal verification underpins recursive STARKs across Ethereum’s core protocol layers.

Vitalik Updates Ethereum Roadmap, prioritizing quantum safety, privacy, and native rollups as the network moves further from its 2023 blueprint.
Ethereum co-founder Vitalik Buterin shared a revised roadmap diagram comparing the original plan with the current development framework known as the Strawmap.
The update reflects shifting technical priorities and reveals several concepts absent from earlier planning documents.
Quantum Safety and Privacy Reshape the Ethereum Roadmap
The Ethereum roadmap now places quantum-resistant infrastructure among its highest priorities, according to Buterin’s announcement.
This represents a clear change from 2023, when quantum concerns received far less emphasis within the network’s planning documents. Post-quantum scaling has since become a defining feature of ongoing protocol development.
I updated my 2023 roadmap diagram to overlay where the items that were there sit in the current Strawmap ( https://t.co/9deLIQWG24 ).
In general, a lot of overlap, but:
* Some things got reshuffled in order (eg. quantum safety up-prioritized)
* Some things deprioritized (eg.… pic.twitter.com/XLdIt4kAgT
— vitalik.eth (@VitalikButerin) August 10, 2026
Buterin detailed several additions supporting this quantum-focused direction. LeanSPHINCS signatures and aggregation techniques now feature in the updated Ethereum roadmap, alongside zkzk frames. Neither concept existed in a workable form when the original diagram was published three years ago.
Privacy protections have also gained prominence within the current framework. Keyed nonces, recent roots, and elements of FOCIL now appear as core components.
Lean privacy pools and wormhole mechanisms extend this privacy-first approach across the broader protocol architecture.
He wrote that Ethereum will put users’ privacy first as development continues. The statement points to a deeper shift in how the network approaches user protection.
Privacy is treated as foundational rather than supplementary within the updated Ethereum roadmap.
Native Rollups and New Architecture Define the Path Forward
Native rollups stand out as a major addition missing from the 2023 version. Buterin explained that SNARK technology lacked the maturity needed to support this concept previously. Recent progress in zero-knowledge proofs has since made native rollups a realistic near-term goal.
Blob and gas futures also enter the Ethereum roadmap as entirely new mechanisms. These tools did not exist conceptually when the original roadmap was drafted in 2023.
Their addition addresses evolving needs around network capacity and predictable transaction costs.
Buterin described an expanding design space surrounding the future of the EVM. LeanISA and RISC-V stand as leading candidates for simpler execution architectures. These systems could eventually sit alongside or beneath the existing EVM structure.
New state types mark a distinct paradigm shift rather than a direct replacement for state expiry. Verkle trees have transitioned toward unified and then partitioned binary trees over time.
Buterin noted that scaling now relies on specialized mechanisms suited to specific, high-demand use cases.
Formal verification supported by artificial intelligence has become central to the updated Ethereum roadmap as well.
Recursive STARKs now span execution, consensus, and data layers within the protocol. Buterin credited modern AI tools with making full-scale formal verification achievable for the first time.
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