Blockonomi

TLDR
ETN shares climb 7.89% in pre-market trading following exceptional Q2 performance and upgraded 2026 projections.
Electrical Americas segment reports 41% order growth with sustained backlog expansion and solid margins.
Electrical Global division posts 44% revenue increase with backlog more than doubling compared to prior year.
Aerospace division achieves record revenue with 17% order growth and 28% backlog expansion year-over-year.
Company elevates 2026 adjusted earnings forecast and announces planned Mobility division spin-off.
Shares of Eaton (ETN) jumped 7.89% during pre-market hours, reaching $417.59, following the company’s announcement of exceptional second-quarter performance and elevated full-year projections. The stock had already gained 6.91%, closing at $386.89, prior to the earnings release. Robust momentum in the Electrical and Aerospace divisions fueled order increases, backlog growth, and enhanced demand clarity throughout Eaton’s primary business sectors.
Eaton Corporation plc, ETN
Company Achieves Record-Breaking Revenue and Profit Figures
Revenue for the second quarter hit an all-time high of $8.5 billion, representing a 21% year-over-year increase. Organic revenue expanded 14%, with completed acquisitions contributing an additional 7% to total growth. The organic expansion surpassed the top end of Eaton’s quarterly projections.
Eaton posted earnings of $2.11 per share on a GAAP basis, which included various acquisition-related and restructuring expenses. Excluding these items, adjusted earnings achieved a second-quarter record of $3.15 per share. This performance was driven by elevated sales volumes, operational discipline, and persistent strength across principal end markets.
Cash generated from operations increased 23% to $1.1 billion throughout the quarter. Free cash flow advanced 22% year-over-year, totaling $874 million. Segment operating margins came in at 23.1%, exceeding company guidance despite contracting 80 basis points versus the prior-year period.
Electrical Divisions Lead Performance with Robust Order Activity
The Electrical Americas division generated record revenue of $4.0 billion as organic sales expanded 18%. Operating profit grew 10% to $1.1 billion, with margins improving sequentially to 27.5%. This segment experienced 41% growth in orders measured on a twelve-month rolling basis.
Backlog in Electrical Americas jumped 33% compared to June 2025, supported by widespread demand across critical markets. Data center infrastructure, utility projects, industrial developments, and commercial construction continued propelling segment expansion. Eaton benefited from accelerating investments in electrification initiatives, grid modernization, and digital power infrastructure.
The Electrical Global division posted 44% revenue growth, reaching a record $2.5 billion during the period. Organic sales increased 18%, while the Boyd Thermal acquisition contributed 25% in its initial full quarter. Backlog for this segment surged 103%, demonstrating vigorous demand across diverse geographies and end-use applications.
Aerospace Division Momentum Reinforces Strategic Portfolio Evolution
Aerospace revenue climbed 13% to an all-time high of $1.2 billion for the second quarter. Organic sales advanced 7%, with an acquisition contributing the remaining 6% to reported growth. Operating profit increased 16% to $278 million as margins expanded to 22.8%.
Orders in the Aerospace segment rose 17% on a twelve-month rolling average, while backlog expanded 28%. The division’s book-to-bill ratio stood at 1.2, indicating orders continued outpacing revenue recognition. Commercial aircraft manufacturing, defense contracts, and aftermarket services underpinned the segment’s quarterly results.
Eaton increased its 2026 organic growth outlook to a range of 11% to 13%. The company now anticipates adjusted earnings between $13.40 and $13.60 per share for the full year. Additionally, Eaton confirmed plans to spin off its Mobility business through a Reverse Morris Trust transaction scheduled for early 2027.

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Key Highlights
MRNA stock declined 6% premarket following quarterly results showing revenue of $145 million
Net losses narrowed to $782 million compared to $825 million in the year-ago period
Company reduces 2026 operating expense and R&D projections by approximately $200 million
Phase 3 norovirus vaccine candidate fails to achieve interim efficacy endpoint
Regulatory decision expected August 5 for seasonal influenza vaccine programs
Shares of Moderna (MRNA) declined 6.09% during premarket hours to $54.39 following the announcement of second-quarter financial performance and a clinical development disappointment. While the biotech company demonstrated modest top-line growth and improved its bottom-line performance, investors focused on the norovirus vaccine trial results.
Moderna, Inc., MRNA
Second Quarter Financial Performance Shows Modest Gains
Moderna delivered second-quarter revenue totaling $145 million, representing a marginal increase from $142 million in the comparable 2024 period. Domestic operations generated $87 million while overseas markets accounted for $58 million. Revenue from UK contracts and collaborative partnerships helped compensate for softer COVID-19 vaccine demand in multiple territories.
Manufacturing costs dropped 22% year-over-year to $93 million as the company achieved greater operational efficiency. This figure incorporated $41 million related to inventory adjustments and $23 million attributed to underutilized production capacity. Research and development expenditures fell 7% to $651 million following the discontinuation of certain pipeline programs.
General and administrative costs decreased 6% to $216 million as management implemented more disciplined spending policies throughout the organization. The company’s quarterly net loss totaled $782 million, an improvement from the $825 million loss recorded in the prior-year period. On a per-share basis, the loss narrowed to $1.97 versus $2.13.
Financial Outlook Adjusted With Lower Expense Projections
The biotech firm reaffirmed its guidance for revenue expansion of up to 10% in fiscal year 2026. Management anticipates balanced contributions from domestic and international operations. The company projects that 55% of second-half revenue will materialize in the third quarter.
Moderna revised its cost of sales outlook downward to $1.7 billion from a previous estimate of $1.8 billion. Research and development spending projections were similarly reduced to $2.9 billion from $3.0 billion. General and administrative expenses are forecast to hold steady around $1.0 billion.
The company’s cash position and marketable securities totaled $6.9 billion as of June 30, declining from $7.5 billion at the close of the first quarter. A subsequent $950 million payment was made in July to resolve litigation. Management expects year-end cash balances to range between $4.7 billion and $5.2 billion.
Clinical Pipeline Produces Mixed Results
Moderna broadened market access through new supply contracts and regulatory clearances spanning European, Asian, and Latin American markets. The European Commission finalized arrangements for up to 24 million doses of mRESVIA for six member states. Health authorities granted marketing authorization for mRESVIA and mNEXSPIKE in four additional countries.
The FDA has scheduled an August 5 action date for the seasonal flu candidate mRNA-1010. The company also awaits a regulatory determination on mFLUSIVA, which could become its fifth commercialized product. European authorities have already approved mCOMBRIAX, a combination flu and COVID vaccine, for regional distribution.
The company’s norovirus vaccine program failed to meet prespecified success criteria at a planned interim analysis of its Phase 3 study. The trial continues under blinded conditions, and management intends to recruit an additional patient group. Data from melanoma and propionic acidemia programs are anticipated before year-end 2026.

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TLDR
Oppenheimer maintained its Outperform rating on Roblox stock after the second-quarter results.
Roblox reported $1.56 billion in bookings, an 8% increase from the previous year.
Revenue rose 36% year-over-year to $1.47 billion.
Daily active users increased 10% to 123 million, while engagement reached 29 billion hours.
Free cash flow totaled $294 million, while adjusted EBITDA reached $152 million.
Roblox (RBLX) stock remains under close watch after Oppenheimer kept its Outperform rating following the company’s second-quarter results. The firm maintained a positive view despite weaker bookings, lower guidance, and pressure on near-term monetization.
Roblox reported second-quarter bookings of $1.56 billion, up 8% from a year earlier. The figure came near the bottom of company guidance and about 2% below Oppenheimer’s earlier estimate.
Roblox Stock Holds Outperform Rating
Oppenheimer kept its Outperform rating after reviewing the latest results. The firm noted stable retention and a broader mix of content across the platform.
However, the analyst said the timing of a recovery in monetization remains unclear. Roblox stock closed at $48.67 after falling 65% over the past year.
Quarterly revenue rose 36% to $1.47 billion. Adjusted EBITDA reached $152 million, including a $34 million settlement add-back.
Free cash flow totaled $294 million during the quarter. Daily active users increased 10% to 123 million, while total hours rose 5% to 29 billion.
Monetization per hour weakened during the period. User activity moved away from viral games with stronger spending toward evergreen titles with lower revenue rates.
Roblox Withdraws Full-Year Guidance
Roblox projected third-quarter bookings to decline between 14% and 18% from a year earlier. The company also withdrew its full-year 2026 guidance.
Management linked the pressure to changes in its search and discovery system. The updated algorithm gives more weight to 28-day retention and long-term user activity.
Oppenheimer said retention remained steady despite the weaker outlook. The company also continued to expand its content mix across different game categories.
Analysts Cut Roblox Price Targets
Canaccord lowered its price target to $58 from $80 but kept a Buy rating. The firm cited slower bookings and weaker monetization from newer titles.
BTIG downgraded Roblox to Sell and set a $30 target. Barclays cut its target to $47, while Needham reduced its target to $50.
DA Davidson lowered its target to $40 from $45 and kept a Neutral rating. The firm pointed to the lack of major hit games compared with earlier periods.
The mixed analyst actions show a wide range of expectations for Roblox stock. Investors now await signs that user retention can support stronger spending and bookings growth during the next several reporting periods.
The post Roblox (RBLX) Stock Retains Outperform Rating After Earnings appeared first on Blockonomi.

TLDR
ExxonMobil reported second-quarter net income of $14.5 billion, equal to $3.48 per share.
Adjusted EPS reached $3.52, beating the analyst estimate of $3.31.
Quarterly revenue totaled $94.88 billion, matching market expectations.
Cash flow from operations reached $23.6 billion, while free cash flow stood at $17.2 billion.
ExxonMobil returned $9.4 billion to shareholders during the quarter.
ExxonMobil (7DZ.DE) stock drew attention after the oil major reported stronger-than-expected second-quarter earnings on July 31, 2026. The company posted net income of $14.5 billion, equal to $3.48 per share. Adjusted earnings reached $3.52 per share, above the $3.31 analyst estimate. Revenue came in at $94.88 billion, matching market expectations.
The results raised a key question for investors: Is ExxonMobil now overvalued after its earnings beat? The company carries a GF Score of 71 out of 100. That score points to a mixed overall profile and does not confirm overvaluation on its own.
ExxonMobil Stock Rises After Earnings Beat
ExxonMobil stock gained 0.14% after the filing. The modest move showed that the market had already priced in part of the strong quarterly result. Investors also weighed the company’s earnings growth against oil price risks and regional disruptions.
Quarterly earnings increased by $10.34 billion from the previous quarter. Strong production, cost controls, and better use of core assets supported the improvement. The company also maintained reliable operations across its main business units.
ExxonMobil reported its highest upstream production in more than 20 years, excluding interruptions in the Middle East. Higher output from key projects helped offset pressure from unstable energy markets.
The company produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day in 2025. It also ended the year with 19.3 billion barrels of oil equivalent in reserves.
Cash Flow Strengthens Shareholder Returns
Cash flow from operations reached $23.6 billion during the quarter. Free cash flow totaled $17.2 billion, giving the company room to fund projects, manage debt, and return cash to shareholders.
ExxonMobil distributed $9.4 billion to shareholders. It also reported $16.3 billion in structural cost savings. These figures show how cost controls continue to support earnings during changing market conditions.
ExxonMobil still faces oil price swings, geopolitical risk, and operating disruptions. Its strong quarter improves the earnings case, but the valuation question depends on whether profits and cash flow remain stable in coming quarters.
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Key Highlights
Chevron shares advance following impressive quarterly earnings of $12.1 billion.
Energy giant secures 20-year agreement with Microsoft for 2.67 gigawatts of power supply.
Company achieves unprecedented debt reduction of $8.4 billion in single quarter.
Legacy Hess acquisition drives 20% year-over-year production increase.
Free cash generation surges to $18.1 billion amid improved refining performance.
Shares of Chevron Corporation (CVX) climbed 1.54% in premarket trading Friday to reach $195.53, following Thursday’s modest 0.23% gain that ended at $192.31. The energy major delivered impressive second-quarter earnings of $12.1 billion, driven by enhanced production levels, improved refining margins, and favorable commodity pricing. Additionally, the landmark power supply agreement with Microsoft signals Chevron’s strategic expansion beyond conventional energy markets.
Chevron Corporation, CVX
Strong Quarterly Performance Drives Stock Movement
The company reported diluted earnings of $6.11 per share for the quarter, representing a substantial increase from $1.45 in the comparable period last year. On an adjusted basis, profits totaled $12.0 billion, with adjusted per-share earnings hitting $6.06. Results incorporated a $230 million gain from asset dispositions alongside $86 million in pension-related expenses.
Operating cash flow surged dramatically to $22.6 billion from $8.6 billion year-over-year. Free cash flow similarly expanded to $18.1 billion, benefiting from operational improvements and working capital optimization. Chevron achieved a historic milestone by retiring $8.4 billion in debt during the quarter, significantly enhancing balance sheet strength.
The company’s board approved a quarterly distribution of $1.78 per share, scheduled for payment on September 10, 2026. Investors holding shares as of the August 19, 2026 record date will receive the dividend. This payout underscores management’s commitment to shareholder returns while maintaining spending discipline and financial deleveraging.
Hess Integration Drives Production Records
Daily production averaged 4.07 million oil-equivalent barrels, marking a 20% increase versus the prior year’s quarter. Growth stemmed primarily from integrated Hess operations, combined with continued expansion across the Permian Basin and Gulf of America regions. U.S. operations alone hit a quarterly production record of 2.08 million oil-equivalent barrels daily.
Upstream segment profits jumped to $8.18 billion from $2.73 billion in the year-earlier period. Elevated crude prices, increased sales volumes, and operational reliability contributed to gains across both domestic and international portfolios. Production in the Neutral Zone shared with Saudi Arabia and Kuwait faced some constraints due to regional conflicts.
Chevron extracted $1.5 billion in synergies from the Hess transaction within just one year of completion. This outcome surpassed the original projection by 50% while coming in ahead of the anticipated timeline. Furthermore, the company hit its $3 billion annual structural cost reduction goal six months before the deadline.
Microsoft Partnership Opens New Revenue Stream
Chevron entered into a two-decade agreement to deliver 2.67 gigawatts of power capacity for Microsoft’s planned West Texas data center complex. The dedicated electricity facility will generate predictable contracted revenue while expanding Chevron’s footprint into large-scale power infrastructure serving the technology sector.
Separately, the energy company progressed discussions with Iraqi authorities regarding potential oil development projects. Negotiations encompass the West Qurna 2 field, Nasiriyah opportunities, and export pipeline infrastructure within a key hydrocarbon region. Chevron also moved forward with portfolio optimization through downstream asset divestitures across the Asia-Pacific markets.
Capital expenditures for the quarter totaled $4.5 billion, partially reflecting the inclusion of former Hess activities. Refinery throughput averaged 1.07 million barrels per day, with utilization rates exceeding 97%. The combination of robust profitability, significant debt reduction, and secured power demand contracts fueled the positive premarket momentum.

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TLDR
Solana (SOL) trades at $74.39, up 1.16% over the last 24 hours.
SOL is holding a key support zone that traders see as a base for more gains.
Analyst BitGuru says buyers are defending this support area, per a post on X.
Analysts expect SOL to test resistance between $78 and $80 if buying continues.
AUTO has launched on Solana, adding tokenized U.S. auto loans to the network.
Solana (SOL) is trading at $74.39 at the time of writing. The token has a 24-hour trading volume of $1.86 billion and a market cap of $43.12 billion. SOL is up 1.16% over the past day, according to data from CoinMarketCap.
The price has stayed above a support zone that traders are watching closely. This has kept sentiment positive for the token.
Crypto analyst BitGuru posted on X that Solana is holding firmly above what he called a key reversal zone. He said this shows buyers are still defending an important support area for the token.
BitGuru added that this price behavior has strengthened market sentiment. Traders are viewing the current price structure as a possible base for more upside.
$SOL is holding a key reversal zone. If buyers stay in control, a move toward the $78–$80 resistance could come next. pic.twitter.com/qy2H4lnlzl
— BitGuru (@bitgu_ru) July 30, 2026
SOL Eyes Resistance Near $80
If the current trend holds, some analysts expect SOL to test resistance between $78 and $80 in the coming sessions. Holding this level would point to a stronger trend in the market.
More buyers could enter if SOL clears this zone. For now, holding the existing support level remains the first step.
Sustained demand near current prices could add to confidence in a short-term recovery for SOL. Traders are watching for that signal.
Solana Price on CoinGecko
AUTO Brings Auto Loans On-Chain
Solana’s official X account announced that AUTO is now live on the network. AUTO is a token backed by U.S. auto loans, giving crypto investors a new way to access this lending market.
According to Solana’s post, AUTO offers near-prime yield sourced from American auto loans. This gives blockchain users exposure to a lending sector they could not easily reach before.
BREAKING: AUTO is live on Solana, backed by U.S. auto loans.
Consumer lending is the largest credit market in the U.S., and AUTO brings near-prime auto yield onchain for the first time. https://t.co/zR1zJx6cAW pic.twitter.com/1S395gVe0F
— Solana (@solana) July 29, 2026
The U.S. consumer loan market is large, but blockchain investors have had little access to it. AUTO works by tokenizing near-prime car loans and putting them on-chain.
This links traditional lending with decentralized finance. It also expands Solana’s group of real-world asset (RWA) projects.
The SOL price move comes as Bitcoin has also been trending upward. Broader crypto market conditions are supporting the current price action across major tokens.
Solana’s market cap stands at $43.12 billion at the time of writing. Trading volume over the past 24 hours remains near $1.86 billion.
The token has not yet cleared the $78 to $80 resistance zone. Price action over the next few sessions will show whether buyers can push it there.
The post Solana (SOL) Price: Trades at $74 With $1.86B in 24-Hour Volume appeared first on Blockonomi.

TLDR
CleanCore Solutions signed a 10-year colocation deal worth an estimated $800 million with AI-compute company Cerebras.
The Minnesota data center project has a $479 million budget, and CleanCore could contribute up to $500 million.
CleanCore owns 79% of the joint venture and must make an initial $40 million payment.
The company reported only $4.1 million in cash as of March 31, alongside a Dogecoin treasury worth about $44.3 million.
CleanCore has not confirmed whether Dogecoin sale proceeds will help fund the Minnesota project.
CleanCore Solutions is best known for making cleaning products. The company also holds a large amount of Dogecoin. Now it is moving into AI infrastructure.
On July 29, CleanCore filed a report about a new data center project in Minnesota. The project involves a company called Cerebras, which builds AI computing hardware.
The deal is a 10-year colocation agreement. That means Cerebras will use computing space built by the joint venture CleanCore is part of.
The Cerebras Contract Details
The estimated value of the contract is $800 million over the first 10-year term. Two optional renewals could push that total above $3 billion.
Building the project will cost about $479 million. CleanCore has agreed to contribute up to $500 million toward it.
CleanCore owns 79% of the joint venture running the project. Its first payment is $40 million, split into $25 million at closing and up to $15 million within four business days.
More payments could follow between July 2026 and February 2027. Revenue from the project is expected to begin around the same time.
About 20 megawatts of power have already been connected at the site. That supports an initial 15 megawatts of computing load.
The filing did not say whether the deal has closed yet. It also did not confirm that any payments have been made.
Dogecoin Holdings And Funding Questions
CleanCore’s finances raise questions about how it will pay for the project. As of March 31, the company had about $4.1 million in cash and $13 million in restricted cash.
It also reported an accumulated deficit of roughly $169 million. The company has stated ongoing doubts about its ability to continue operating without more funding.
CleanCore also holds a large Dogecoin treasury. As of June 2, it had sold about 200 million DOGE for $18.4 million.
It transferred another 70 million DOGE for services. The company still holds 463,060,889 DOGE, worth about $44.3 million.
CleanCore has said it is considering selling more of its Dogecoin. However, it has not said whether any of that money would go toward the Minnesota project.
One funding option already exists. In June, CleanCore got approval to sell up to $750 million in stock through an at-the-market program. AI infrastructure was listed as one possible use for that money.
CleanCore has said that if it cannot meet its funding commitments, its ownership stake in the joint venture could be reduced. Other parties in the deal cannot sue CleanCore or force it to pay more.
Minnesota is not CleanCore’s only AI project. The company also announced a West Texas venture that closed on July 9.
That Texas project allows CleanCore to contribute up to $100 million over nine months. It could grow to $2 billion in total commitments over time.
CleanCore has not yet said when its next financial update will be released. That update is expected to show how the company plans to fund both AI projects going forward.
The post Dogecoin Treasury Company CleanCore Signs $800 Million AI Contract With Cerebras appeared first on Blockonomi.

TLDR
AVAX is trading near $6.45 with a market cap of $2.78 billion.
Analyst Crypto Patel says AVAX is repeating a breakout pattern seen in 2020, 2021, and 2024.
The $4–$6 range is being watched as the main support zone.
Upside targets mentioned range from $15 up to $150.
Avalanche’s Team1 Accelerator gave a $30,000 grant to trading card platform YourGrails.
Avalanche is one of the more talked-about coins in the market this week. AVAX is currently priced at $6.45, according to CoinMarketCap.
The 24-hour trading volume sits at $198.7 million. Market capitalization is $2.78 billion.
Traders are watching a chart pattern that has shown up a few times before. Each time it appeared, the price moved higher afterward.
Crypto analyst Crypto Patel posted about this on X. He pointed out that AVAX is forming a macro breakout and retest structure, the same setup that showed up in 2020, 2021, and 2024.
$AVAX Has Never Failed This Macro Setup
2020: Breakout + Retest = 2,000% Rally
2021: Breakout + Retest = 1,500% Rally
2024: Breakout + Retest = 660% Rally
2026: Strong Holding Same Support = Confirmed?
History Doesn't Guarantee The Future…
But #AVAX Has A 100% Success… pic.twitter.com/1c60KYQlic
— Crypto Patel (@CryptoPatel) July 30, 2026
In each of those years, this pattern came before a strong price increase. Patel’s post suggests the coin may be setting up for something similar again.
Key Price Levels Traders Are Watching
The $4 to $6 range is being treated as the main accumulation zone. This is the area where buyers have stepped in before.
If AVAX drops below $3, that would signal the bullish setup has failed. Staying above the current support keeps the pattern intact.
Assuming the levels hold, analysts have floated a series of targets. These include $15, $30, $50, $100, and $150.
These numbers are not guarantees. They represent possible outcomes if the historical pattern repeats.
Avalanche Price on CoinGecko
Avalanche Grows Its Real-World Asset Use Cases
Away from price charts, Avalanche’s ecosystem saw new activity this week. The Avalanche Team1 Accelerator account posted on X that it awarded a $30,000 grant to YourGrails.
First Team1 Accelerator Grant – YourGrails
The committee has approved $30,000 for @YourGrails, a tokenized trading card platform bringing real, graded cards onchain to Avalanche
An amazing project the community can engage with, built by native builders who show up every day… pic.twitter.com/sKS70xU7AH
— Avalanche Team1 (@AvaxTeam1) July 30, 2026
YourGrails is a platform that turns physical trading cards into tokenized digital versions. Cards are verified and graded before being represented on-chain.
The Team1 committee said the grant reflects consistent work from the YourGrails team. The project was chosen partly for expanding blockchain use beyond simple token trading.
This kind of real-world asset project adds another use case to the Avalanche network. It sits alongside the tokenized treasury market on Avalanche, which has grown to $839 million.
Whether AVAX follows its past breakout pattern will depend on how price behaves at current support levels. The $4 to $6 zone remains the level traders are watching most closely right now.
The post Avalanche (AVAX) Price: Breakout Pattern Points to $150 Target appeared first on Blockonomi.

TLDR
Elon Musk denied a Wall Street Journal report claiming Tesla could sell its China business.
The report said the move would help pave the way for a possible SpaceX merger.
Tesla’s China unit also called the report false information.
Merger speculation between Tesla and SpaceX has grown in recent months.
Prediction market Kalshi shows near 49% odds of a merger happening before May 2027.
Elon Musk has denied a Wall Street Journal report about Tesla’s business in China. The report claimed Tesla was considering selling or spinning off the unit.
According to the report, the move would help clear the way for a future merger between Tesla and SpaceX. Musk called the story “fake news” in a post on X.
He also said there have been no talks about selling or spinning off Tesla’s China operations. Musk described the report as “absurdly fake news.”
BREAKING: Elon Musk denies the WSJ report that Tesla is weighing a sale/spin-off of its China business to clear the path for a SpaceX merger.
Tesla China also confirmed the report is false.
What do you think — pure speculation or smoke before the fire? $TSLA $SPCX…
— Rednirav (@CryptoRednirav) July 31, 2026
Tesla’s China division gave its own response as well. It told a reporter from The Paper that the report contained false information.
Musk Pushes Back on Merger Report
The Wall Street Journal report focused on geopolitical risk. It pointed to SpaceX’s role as a major U.S. defense contractor as a reason for concern.
The report said Tesla executives were told to prepare for a possible separation of the China business. Musk has not confirmed any part of that claim.
Tesla’s Shanghai plant is one of the company’s most important factories. It ships cars to Europe, Canada, and the Asia-Pacific region.
China is also Tesla’s second largest market in the world. The United States remains its largest.
Talk of a Tesla and SpaceX merger has been building for months. Musk brought up the idea again during a recent Tesla earnings call.
He pointed to growing overlap between the two companies. This includes shared work in artificial intelligence and manufacturing.
Prediction Markets and Stock Moves
Traders on prediction platforms have been watching the merger talk closely. Kalshi data shows close to 49% odds of a Tesla and SpaceX merger happening before May 2027.
Tesla stock closed 3.53% higher on Thursday at 308.85 dollars. SpaceX stock closed 0.31% lower at 112.20 dollars.
SpaceX shares have fallen to their lowest closing price on record. The stock has lost more than half its value since its all time high in June.
The drop came during a wider sell off in AI related stocks. Despite this, some investors are still buying in.
Cathie Wood’s ARK Invest has continued adding Tesla and SpaceX shares. The firm has bought tens of millions of dollars worth of stock even as AI names slide.
Wood pointed to SpaceX’s recent Starship splashdown as a positive sign for the company. Musk and Tesla have not given a timeline for any future merger decision.
The post Elon Musk Slams Tesla China Sale Report as “Fake News” appeared first on Blockonomi.

TLDR
Quantum Solutions sold 1,000 ETH for $1.903 million on July 30.
The Tokyo-listed company will use the money for its AI Infrastructure Data Center business.
The sale is expected to create a loss of about ¥17 million.
Quantum raised its ETH sale limit from 1,875 tokens to 4,375 tokens.
The firm still holds 4,764.80 ETH, and 3,050 of those tokens are pledged as loan collateral.
Quantum Solutions sold 1,000 ETH for $1.903 million on July 30. The sale went through its subsidiary, GPT Pals Studio Limited.
The company plans to put the money toward its AI Infrastructure Data Center business. This includes GPU equipment, data center agreements, and other operating costs.
The sale lowered Quantum’s ETH balance to 4,764.80 tokens. It also created an expected loss of about ¥17 million for the second quarter of its fiscal year, which ends in February 2027.
New Sale Limit Set
Quantum raised the maximum amount of ETH it can sell. The limit went from 1,875 tokens to 4,375 tokens.
𝗤𝗨𝗔𝗡𝗧𝗨𝗠 𝗦𝗢𝗟𝗨𝗧𝗜𝗢𝗡𝗦 𝗢𝗙𝗙𝗟𝗢𝗔𝗗𝗦 𝟭,𝟬𝟬𝟬 𝗘𝗧𝗛 𝗙𝗢𝗥 𝗔𝗜 𝗗𝗔𝗧𝗔 𝗖𝗘𝗡𝗧𝗘𝗥!
Japan’s Quantum Solutions announced that its subsidiary GPT Pals Studio sold 1,000 ETH for $1.9 million.
The sale reduces the treasury to 4,764.8 ETH, a drop of almost… pic.twitter.com/KgwKfHpWS0
— Rahul K (@iamrahulinc) July 30, 2026
After two sales totaling 1,904 ETH, the company can still sell up to 2,471 more tokens before October 30. Quantum said the higher limit does not mean it has decided to sell that full amount.
Future sales will depend on funding needs, market conditions, and progress on its data center plans.
The first sale happened on June 16. GPT Pals sold 904 ETH at $1,777.07 each, raising about $1.606 million.
That sale left the group with 5,764.80 ETH and an expected loss of about ¥18 million.
Quantum uses fair value accounting for its crypto holdings. This means it compares a sale price to the token’s most recent recorded value, not the original purchase price.
The company had marked its ETH at $2,003.97 each on May 31. The July sale price was $1,903 per token, a gap of $100.97 per coin.
Most ETH Tied Up as Collateral
Quantum still holds 4,764.80 ETH after the latest sale. But most of it is not free to sell right away.
Of that total, 3,050 ETH is pledged as collateral for a loan from a Singapore based financial company. Only 1,714.80 ETH sits in GPT Pals’ trading account.
This means Quantum may need to release collateral, buy more ETH, or arrange new financing before it can sell the rest of its authorized amount.
Quantum’s ETH holdings have dropped by about 28.6% since before its June sale, when the company held 6,668.80 tokens.
The company’s ranking among Japanese ETH holders is unclear right now. One tracker lists Def Consulting with 4,976 ETH, ahead of Quantum, while another tracker shows a lower figure for the same company.
Other firms have also cut their ETH positions this year. FG Nexus reduced its holdings in June as losses grew.
At the same time, larger holders such as BitMine and SharpLink kept buying ETH during the same period.
Quantum said it will report any future sales that require public disclosure. Its next scheduled update comes around October 10, when it releases second quarter results.
That report will show the recognized losses from this sale, updated ETH totals, and any new spending on its AI data center plans before the current sale authorization expires on October 30.
The post Quantum Solutions Sells 1,000 ETH to Fund AI Data Center Expansion appeared first on Blockonomi.

TLDR
Treasury Secretary Scott Bessent urged the Senate to vote immediately on the Clarity Act
He accused Senate Democrats of delaying the bill for political reasons
Bessent said the bill strengthens consumer protections and anti-money laundering rules
He ended his message by quoting Bitcoin creator Satoshi Nakamoto
Senate leaders say the bill may not pass before the August recess
Treasury Secretary Scott Bessent called on the Senate to vote on the Clarity Act right away. He made the request in a post on X on Thursday.
Bessent said the House passed the bill more than a year ago. He said Senate staff have spent thousands of hours working on bipartisan changes since then.
More than a year ago, the House passed the Clarity Act.
There’s been progress since — thousands of hours of bipartisan negotiations took place at the staff and Member levels. The Senate Committees on Banking and Agriculture advanced their respective titles. And Senate…
— Treasury Secretary Scott Bessent (@SecScottBessent) July 30, 2026
He said Republicans now have a version ready for a floor vote. He accused Senate Democrats of stalling the process for political reasons.
“It’s disappointing but not surprising that Senate Democrats are choosing politics on the cusp of a major victory for American leadership,” Bessent wrote.
He closed his post with a quote from Bitcoin creator Satoshi Nakamoto. “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry,” the quote read.
What the Bill Would Do
The Clarity Act would create federal rules for crypto markets in the United States. It would split oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Most digital assets would fall under the CFTC’s jurisdiction. Supporters say this would give the crypto industry clear rules to follow.
Bessent rejected claims that the bill lacks consumer protections. He said Titles II and III would expand compliance rules for crypto firms, bringing them closer to standards used by banks.
He also defended a part of the bill called the Blockchain Regulatory Certainty Act. This section would protect software developers from certain financial registration rules.
Bessent said the Fraternal Order of Police once opposed this provision but now supports it.
Political Fight Over Ethics Provisions
The bill has stalled over ethics provisions added by Senate Republicans in May. These would stop the president and other federal officials from issuing digital assets while in office.
Democrats say the rules are too weak. They point out the restrictions would expire in 2029 and would not apply to officials’ children.
The provisions were written to target President Donald Trump. He earned more than $1.2 billion from crypto ventures in 2025, according to recent disclosures.
Bessent also claimed Senate Democrats fear backlash from Senator Elizabeth Warren. Warren has called her group of crypto critics an “anti-crypto army.”
Senate Majority Leader John Thune said Thursday he does not expect the bill to pass before lawmakers leave for August recess. He said he still hopes to start the floor process before then.
Negotiations over the ethics provisions remain unresolved. Lawmakers are expected to focus on midterm elections once the recess ends, leaving a narrow window for the bill this year.
The post Treasury Secretary Quotes Satoshi Nakamoto in Crypto Bill Push appeared first on Blockonomi.

TLDR
Pavel Durov says Russia designated him a terrorist after he refused surveillance and censorship demands on Telegram.
Durov claims Russian authorities also banned him from publishing information online.
Russia’s Federal Security Service accuses Telegram of hosting channels tied to terrorist groups and Ukrainian intelligence.
The claim follows a February probe into nearly 155,000 Telegram channels allegedly violating Russian law.
Durov also faces ongoing legal issues in France and new legal action in Australia over content moderation.
Telegram founder Pavel Durov says Russia has labeled him a terrorist. He made the claim in a Telegram post on Thursday.
Durov said the designation came after he refused government demands. Those demands included mass surveillance and censorship on the messaging app.
He also said Russian authorities barred him from publishing information online. Durov joked that officials had gotten confused about who can ban whom from the internet.
The statement came one day after Russia’s Federal Security Service brought charges against him. The agency accused Telegram of helping terrorist activity.
What Russia Is Alleging
Russian officials claim Telegram failed to remove channels used by terrorist groups. They also allege the app hosted channels linked to Ukrainian intelligence services.
This case builds on an earlier investigation. Russia opened that probe in February.
At the time, regulators said nearly 155,000 channels, chats and bots remained active on Telegram. They claimed these violated laws covering extremism, terrorism and drug trafficking.
Durov has not detailed a legal response to the new terrorism designation. His public comments so far focus on free speech and government overreach.
Legal Troubles Beyond Russia
This is not Durov’s first major legal challenge. French authorities arrested him in August 2024.
That case remains under investigation. Prosecutors allege Telegram failed to moderate illegal content and ignored law enforcement requests.
Durov has denied wrongdoing. He argues French authorities skipped proper legal steps when requesting information from Telegram.
His arrest sparked public backlash. A campaign backed by the TON community gathered more than 9 million signatures asking France to release him.
France later eased restrictions on Durov. Officials lifted his travel ban entirely after initially letting him return to Dubai in March 2025.
Telegram now also faces legal pressure in Australia. Regulators there launched court proceedings this week over alleged failures to remove terrorism-related content.
Durov has spoken out on other privacy issues too. In April, he warned that the European Union’s planned age-verification app could lead to broader surveillance.
That same month, he linked leaked tax data to a rise in crypto kidnappings in France. He said Telegram would leave the country rather than give authorities access to private messages.
The Russian terrorism designation adds another layer to Durov’s growing list of legal fights across multiple countries.
The post Telegram Founder Responds to Russia Terrorism Charges appeared first on Blockonomi.

TLDR
Google is reportedly backing a $15 billion financing package for an Anthropic data center in Texas.
The Hubbard, Texas campus includes a natural gas plant capable of generating 1.6 gigawatts.
Google could guarantee parts of Anthropic’s leases in exchange for a 20% stake in the project.
Bitcoin mining companies including IREN, Hut 8 and CleanSpark saw stock gains of over 20% Thursday.
Several mining firms have signed multibillion dollar AI infrastructure deals in recent weeks.
A group of banks led by Morgan Stanley is discussing a $15 billion financing package for a data center campus in Hubbard, Texas. The campus is being developed by Nexus Data Centers and is linked to artificial intelligence company Anthropic.
The proposed deal includes a $14 billion bridge loan and a revolving credit facility. The size of the credit facility has not been disclosed, and other lenders involved have not been named.
Google has reportedly agreed to guarantee billions of dollars in lease and power payment obligations if Anthropic fails to meet them. The guarantee would cover four data center leases signed by Anthropic and related power purchase agreements.
Google’s Role in the Financing
In exchange for the guarantee, Google is expected to receive an equity stake of around 20% in the combined data center and power project. The company’s backing would apply only to the minimum amount lenders require to complete the deal.
Neither Nexus nor the banks involved have announced a finished transaction. The terms remain based on reporting from people familiar with the discussions.
The Texas campus will include an on-site natural gas power plant. The plant is expected to generate 1.6 gigawatts of electricity, reducing reliance on the local grid.
Power availability has become one of the biggest challenges for new data centers in the United States. Building new transmission lines and power generation can take years to complete.
Anthropic also plans to use processing chips co-designed by Google and Broadcom at the site. Those chips would be financed under a separate agreement with Broadcom.
Bitcoin Miners Expand Into AI
Nexus is competing for capital and tenants during a month filled with large deals involving Bitcoin mining companies. These firms are using existing power infrastructure built for mining to attract AI customers.
TeraWulf signed a 20-year lease with Anthropic on July 6 worth close to $19 billion over its term. The deal covers about 401 megawatts of capacity in Kentucky.
CleanSpark signed a $6.6 billion lease for a Georgia site the same month. The agreement could grow to $11.6 billion if the customer extends the contract.
Hut 8 signed a second lease at its Texas campus on July 20 worth $9.8 billion. Combined with an earlier lease, the site’s total value reached $19.6 billion.
IREN announced $2.8 billion in new AI cloud contracts and raised its revenue target for the year. Core Scientific separately agreed to give AMD access to up to 2.5 gigawatts of capacity.
Shares of mining companies with AI ties rose sharply on July 30. IREN closed about 30.7% higher, while Hut 8 gained 22.7% and CleanSpark rose 21.1%.
Core Scientific added 20.4% and TeraWulf gained 18.1% on the same day. The gains followed earlier stock jumps tied to July’s other AI leasing announcements.
Alphabet shares moved lower on July 30, falling about 0.9%. The drop came as investors weighed the cost of the company’s growing AI infrastructure spending.
The next step for the Nexus project is confirmation of the financing terms from Morgan Stanley and the other banks involved. Until the deal closes, the loan size, guarantee structure and Google’s equity stake remain unconfirmed.
The post Google Backs $15B Anthropic Data Center as Bitcoin Miner Stocks Surge appeared first on Blockonomi.

TLDR
The 2026 World Cup drove $20 billion in blockchain prediction market volume, according to Chainalysis
Bettors placed roughly $5.7 billion in wagers during the five week tournament itself
More than 400,000 wallets took part in blockchain based betting
Fewer than 1% of wallets had ties to illicit actors
FIFA Collect NFT trading reached about $24 million during the tournament
The 2026 FIFA World Cup generated $20 billion in blockchain based prediction market volume. That’s according to a new report from blockchain analytics firm Chainalysis.
The report tracked activity before and during the tournament. Bettors placed close to $5.7 billion in wagers during the five week World Cup itself.
World Cup related markets made up about 63% of all prediction market activity during that stretch. That shows how much attention the tournament pulled toward blockchain betting platforms.
More than 400,000 wallets took part in the betting. Users showed up from every continent except Antarctica.
Global Participation Led by US and China
The United States and China posted the highest attributable trading volumes. Canada, Thailand and the United Kingdom rounded out the top five.
Chainalysis said the wide geographic spread points to strong global interest in blockchain based betting tools. The World Cup gave fans a new way to engage with the tournament beyond watching matches.
The report also looked at how much illicit money flowed through these markets. Fewer than 1% of wallets tied to World Cup prediction markets had links to illicit actors.
Still, Chainalysis identified about $5.4 million in flows connected to sanctioned entities and other illicit sources. That amount is small compared to the billions traded overall.
Digital Collectibles Also Saw Strong Trading
Beyond betting, fans traded digital collectibles tied to the World Cup. FIFA Collect NFTs saw about $24 million in trading volume during the tournament.
More than 100,000 match tickets were distributed through the FIFA Collect platform. That is one of the largest uses of blockchain ticketing at a global sporting event.
Wallets linked to sanctioned entities made up less than 0.01% of FIFA Collect users. Chainalysis credited this low number to the platform’s identity verification requirements.
Those checks required users to confirm their identity before buying or trading collectibles. That extra step appears to have limited illicit access to the platform.
Chainalysis pointed to the size of both markets as a sign that blockchain tools are becoming a bigger part of major sporting events. The firm said compliance measures will matter more as platforms draw larger crowds.
The report did not name specific platforms involved in the prediction market volume. It focused on wallet level data and geographic trends instead.
The five week tournament window covered the group stage through the final. Betting activity was tracked across that full period.
The $20 billion figure includes both pre tournament trading and in tournament wagers. The $5.7 billion figure reflects only the five weeks of live competition.
Chainalysis released the findings on July 30, 2026, shortly after the tournament concluded. The report is one of the first full breakdowns of blockchain activity tied to the World Cup.
The post World Cup Prediction Markets Hit $20 Billion in Blockchain Betting Volume appeared first on Blockonomi.

TL;DR
Spot Bitcoin ETFs recorded $233.13 million in net inflows on July 30.
BlackRock’s IBIT led all Bitcoin funds with $183 million in fresh investments.
Spot Ethereum ETFs added $13.29 million, driven by BlackRock’s ETHA.
ETF assets remain resilient despite Bitcoin trading below recent highs.
Spot Bitcoin exchange-traded funds (ETFs) extended their positive streak on July 30, attracting $233.13 million in daily net inflows as institutional investors continued allocating capital to regulated Bitcoin investment products.
According to SoSoValue data, BlackRock’s iShares Bitcoin Trust (IBIT) dominated the session with $183 million in net inflows, accounting for the majority of the day’s capital entering U.S. spot Bitcoin ETFs. Meanwhile, spot Ethereum ETFs also remained in positive territory, recording $13.287 million in total net inflows. BlackRock’s ETHA led Ethereum products with $16.242 million, offsetting modest outflows elsewhere.
Spot Bitcoin ETFs Record $233 Million in Net Inflows on July 30
On July 30 (ET), spot Bitcoin ETFs recorded total net inflows of $233 million, led by BlackRock’s IBIT with $183 million in net inflows. Spot Ethereum ETFs recorded total net inflows of $13.2871 million, led by… pic.twitter.com/D7aEe6IiRW
— Wu Blockchain (@WuBlockchain) July 31, 2026
Bitcoin ETFs Continue to Draw Institutional Capital
The latest inflow pushed the cumulative assets held by U.S. spot Bitcoin ETFs to approximately $78.76 billion, highlighting continued institutional participation despite recent market volatility.
Although Bitcoin has pulled back from recent highs, investors continue to view ETF products as one of the preferred vehicles for gaining regulated exposure to the cryptocurrency market. BlackRock’s IBIT has consistently remained among the strongest-performing funds in terms of daily subscriptions since the launch of spot Bitcoin ETFs.
Ethereum funds also maintained positive momentum, suggesting institutional interest extends beyond Bitcoin as investors gradually diversify exposure across digital assets.
After several weeks of mixed activity and persistent outflows during portions of 2026, July 30 marked a notable return of buying interest, with $233.13 million flowing into Bitcoin ETFs.
Data highlights that ETF assets have remained relatively resilient even as Bitcoin trades around $64,800, well below the peaks reached during late 2025. Total net assets currently stand near $78.76 billion, suggesting many investors have maintained long-term positions instead of exiting during recent price weakness.
Institutional Demand Remains a Key Market Driver
Since their launch, U.S. spot Bitcoin ETFs have become one of the largest sources of demand for Bitcoin, regularly absorbing hundreds of millions of dollars during periods of strong investor confidence.
Large inflow days have frequently coincided with renewed bullish sentiment, while extended outflow periods have often accompanied broader market corrections. The latest figures suggest institutional investors remain willing to add exposure despite ongoing price consolidation.
For Ethereum, continued positive ETF flows also reinforce growing acceptance among traditional investors, although demand remains considerably smaller than that seen in Bitcoin products.
As ETF participation continues to influence liquidity and market sentiment, investors will closely watch whether July 30’s inflows mark the beginning of another sustained accumulation phase.
The post Spot Bitcoin ETFs Attract $233M in Fresh Inflows as BlackRock’s IBIT Leads Demand appeared first on Blockonomi.

TLDR:
Binance ETH stablecoin netflow fell 518% weekly, 347% monthly, 728% quarterly baseline.
ETH staking rate rose steadily from 33.44% to 33.90%, signaling gradual asset lock-up.
Weekly network fees burnt jumped 48% but remain 54% below the 90-day average level.
A daily close above $2,150 is needed to confirm a bullish structure reversal for ETH.
Ethereum traded between $1,840 and $1,953 over the past two weeks. It now sits near $1,908. The network’s staking rate climbed steadily from 33.44% to 33.90%.
This points to gradual asset lock-up. Stablecoin liquidity on Binance recorded one of the largest structural shifts among 148 tracked metrics.
It fell sharply across weekly, monthly, and quarterly baselines. This reversal, paired with a weaker Coinbase premium, suggests a transitional phase for Ethereum’s market structure.
Binance Stablecoin Netflow Marks a Sharp Reversal
Ethereum’s stablecoin netflow on Binance fell 518% week-over-week, marking a sharp reversal. Compared with its monthly baseline, the metric dropped 347%. Against the quarterly baseline, the decline reached 728%, one of the widest structural moves tracked.
Source: Cryptoquant
Binance remains the deepest venue for Ethereum stablecoin settlement, making its order book closely watched. Because large flow shifts tend to appear there first, this reversal offers an early signal.
Analysts monitoring liquidity often treat Binance data as a leading indicator for broader market repositioning.
The scale of this shift stands out among 148 metrics tracked across the market. Such structural moves rarely occur in isolation and often coincide with other exchange trends. Traders watching Ethereum’s stablecoin flows may view this as an early warning sign.
Exchange Flows and Coinbase Premium Signal Caution
Aggregate exchange netflow for Ethereum stayed negative on most days recently. The Coinbase premium index also slipped further, reaching negative 0.12.
This combination may point to softer US spot demand relative to the broader market. This pattern often precedes short-term price consolidation for major assets.
Weekly transaction fees burnt on the Ethereum network rose roughly 48%. Despite that increase, fees remain about 54% below their 90-day average. This gap suggests network activity has not fully recovered to prior levels.
Large-holder exchange activity, tracked through top-ten inflow and outflow data, is trending lower. This decline appears across weekly, monthly, and quarterly windows alike.
Reduced large-holder participation on exchanges often reflects lower short-term trading interest. This trend may indicate reduced appetite for near-term repositioning among whales.
Technical Structure Points to Key Resistance Levels
Ethereum recently filled a fair value gap between $1,954 and $1,892, according to Crypto Patel. Price continues recovering from June lows, though the higher timeframe structure remains bearish.
The current rally is testing a previously respected bearish order block. Crypto Patel’s analysis, shared on social media platform X, frames the current rally as corrective.
Ethereum Just Filled A Key FVG: Is A Massive Rejection Coming?$ETH continues to recover from the June lows, but the HTF structure remains bearish until key resistance is reclaimed.
Price has fully rebalanced the nearby FVG $1,954–$1,892
The current rally is testing a… https://t.co/mQrdtRJrCY pic.twitter.com/SQEcXsmmQY
— Crypto Patel (@CryptoPatel) July 28, 2026
A daily close above $2,150 would be needed to confirm a bullish structure shift. Failure to reclaim that level could send Ethereum back toward $1,700. The $1,500 level remains the major downside liquidity target if selling resumes.
The $2,046 to $1,975 range stands as the primary bearish order block on the daily chart. As long as Ethereum trades below $2,150, the recovery looks corrective rather than a confirmed reversal.
Traders are watching this zone closely for the next directional move. A break below current support could reopen prior liquidity zones downward.
The post Ethereum’s Stablecoin Liquidity Pulls Back on Binance as Fees Rebuild appeared first on Blockonomi.

TLDR:
Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes.
Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026.
Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount.
USD Reserve grew to $3.75 billion, covering over 2.1 years of dividend obligations.
Strategy reported an $8.22 billion net loss for the second quarter of 2026, driven by fair value changes tied to its bitcoin holdings.
The company now holds approximately 843,775 BTC as of July 26, 2026, up 25% year to date. Despite the loss, Strategy strengthened its balance sheet and reduced debt during the period.
Q2 Loss Tied to Bitcoin Price Decline
Strategy posted a net loss of $8.22 billion for the second quarter of 2026. This compares with net income of $10.02 billion for the same period a year earlier. The swing reflects unrealized fair value changes on the company’s digital asset holdings.
Operating loss for the quarter reached $8.33 billion, compared to $14.03 billion in operating income a year prior. This figure includes an unrealized loss on digital assets of $8.32 billion. The prior-year quarter had recorded a $14.05 billion unrealized gain on the same holdings.
Net loss per common share on a diluted basis was $24.45 for the quarter. This compares with net income of $32.60 per diluted share in the second quarter of 2025. Net loss attributable to common stockholders totaled $8.62 billion after preferred dividends.
Strategy announces Q2 2026 results:
– Increased $BTC Holdings by 11%
– Reduced Convertible Debt by 18%
– Increased USD Reserve by 12%
– Increased BPS by 5%https://t.co/nfBSJsFjMt
— Strategy (@Strategy) July 30, 2026
Chief Executive Officer Phong Le addressed the difficult conditions the company faced during the quarter. Strategy strengthened its balance sheet “while navigating a meaningful bitcoin price decline,” he said. Le pointed to bitcoin holdings growth, reduced convertible debt, and higher Bitcoin Per Share as key gains.
Bitcoin Holdings Reach 843,775 BTC
Strategy’s bitcoin holdings grew to 843,775 BTC as of July 26, 2026, an 11% quarterly increase. The average cost basis per coin stands at approximately $75,476. Market value of the holdings totaled $54.77 billion based on bitcoin’s July 27 price.
Bitcoin traded at roughly $65,028 on July 30, below the company’s average purchase price. This price gap contributed directly to the unrealized loss recorded during the quarter. Still, Strategy achieved a BTC Yield of 4.5% year to date in 2026.
The company reported a BTC dollar gain of $1.95 billion year to date, based on current market pricing. Total revenues for the quarter reached $122.4 million, a 6.9% increase year-over-year. Gross profit came in at $81.6 million, representing a 66.6% gross margin.
Chief Financial Officer Andrew Kang commented on the company’s financial position amid the drawdown. The USD Reserve now stands at $3.75 billion, covering “more than 2.1 years” of dividend and interest obligations, he said.
Kang added that Strategy has built “a track record of 18 months of consecutive dividend payments, having never missed a dividend despite the recent deep drawdown in bitcoin price.”
Debt Reduction and Capital Raising Continue
Convertible debt declined to $6.71 billion from $8.21 billion at the end of the prior quarter. In May 2026, Strategy repurchased $1.50 billion in principal amount of its 2029 notes. That transaction cost approximately $1.38 billion, an 8% discount to par value.
Strategy raised $17.06 billion through its at-the-market offering programs during 2026 year to date. STRC issuances contributed $7.53 billion of that total, representing 254% growth. Cash and cash equivalents stood at $1.71 billion as of June 30, 2026.
Founder and Executive Chairman Michael Saylor addressed the broader market backdrop facing the company. He described current conditions as “this phase of muted bitcoin sentiment and market skepticism.”
Saylor said the company continues to “evolve our business model and establish Digital Credit as a new asset class.”
Strategy also maintains board authorization to sell bitcoin under its BTC Monetization Program. The company sold approximately $218.4 million in bitcoin year to date to fund preferred dividends. A separate $1.0 billion MSTR repurchase program has recorded no activity to date.
The post Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC appeared first on Blockonomi.

TLDR
Strategy shares rose 4.73% despite an $8.22 billion second-quarter net loss.
Bitcoin holdings reached 843,775 as Strategy expanded its treasury in 2026.
Strategy raised $17.06 billion through its capital programs by late July 2026.
The company grew its dollar reserve to $3.75 billion for future obligations.
Strategy repurchased discounted STRC shares while keeping MSTR buybacks open.
Strategy Inc. (MSTR) shares rose 4.73% to $97.74 Thursday, despite the company reporting a major second-quarter loss. The stock later slipped 0.45% to $97.30 after hours following the earnings release. However, stronger capital reserves and expanded bitcoin holdings supported the market response.
Strategy Inc, MSTR
Bitcoin Holdings Expand During Market Decline
Strategy held 843,775 bitcoin as of July 26, marking 25% growth since the year began. The holdings carried a $63.69 billion cost basis and a $54.77 billion market value. The company recorded a large unrealized loss after bitcoin traded below its average purchase price.
The company reported an $8.22 billion net loss, compared with a $10.02 billion profit one year earlier. Meanwhile, operating losses reached $8.33 billion because digital asset values fell during the quarter. Preferred dividends also reduced common shareholder results by $400.7 million during the reporting period.
Still, Strategy achieved a 4.5% bitcoin yield and a 29,997 bitcoin gain during 2026. The company valued that gain at $1.95 billion using bitcoin’s July 27 market price. Strategy also sold $218.4 million of bitcoin to help fund preferred dividend payments.
Capital Raising Strengthens Strategy’s Balance Sheet
Strategy raised $17.06 billion through at-the-market programs during 2026 through July 26. It collected $8.41 billion during the second quarter and another $1.28 billion afterward. Consequently, the company expanded its funding options despite weaker bitcoin prices and heavy accounting losses.
In May, Strategy repurchased $1.50 billion of convertible notes for about $1.38 billion in cash. That transaction reduced outstanding convertible debt from $8.21 billion to $6.71 billion. The company completed the purchase at an estimated 8% discount to face value.
Strategy also established a $1 billion MSTR repurchase program, although it has made no purchases. Management may use the program when shares trade below its view of intrinsic value. Moreover, the company added new measures covering credit costs and net bitcoin per share.
Digital Credit Program Supports Dividend Coverage
Strategy increased its dollar reserve to $3.75 billion by July 26. The reserve covers more than 2.1 years of preferred dividends and interest payments. This buffer supports the company’s credit structure while bitcoin remains below its average acquisition cost.
The company raised $7.53 billion through STRC issuances during 2026, representing 254% growth. It also increased STRC’s dividend rate to 12% to support trading near $100. Strategy plans regular repurchases while STRC remains below its stated value.
Between July 20 and July 26, Strategy repurchased 288,930 STRC shares for $25 million. The purchases represented $28.9 million in stated value and an average price of $86.53. Strategy still has about $975 million available under its digital credit securities program.

The post Strategy (MSTR) Stock: Surges as Bitcoin Holdings Reach 843,775 Despite $8.22B Q2 Loss appeared first on Blockonomi.

TLDR
Amazon shares jumped after quarterly revenue climbed 20% to $200.6 billion.
AWS sales surged 37% as cloud demand delivered its fastest growth in 18 quarters.
Operating income rose to $27.5 billion as AWS profit reached $16.6 billion.
Anthropic investment gains lifted Amazon’s quarterly net income to $62.6 billion.
Heavy infrastructure spending pushed free cash flow to a $7.6 billion outflow.
Amazon stock rose 3.90% to $235.50 before gaining 6.37% after hours to $250.49. The rally followed stronger second-quarter revenue, operating profit, and cloud growth. Amazon also reported broad gains across retail, advertising, chips, and artificial intelligence services during the quarter.
Amazon Revenue Reaches $200.6 Billion
Amazon reported second-quarter net sales of $200.6 billion, up 20% from $167.7 billion one year earlier. Foreign exchange changes added only $0.1 billion, leaving underlying growth at the same rate. North American sales increased 16% to $116.2 billion during the quarter.
International revenue rose 15% to $42.2 billion, while AWS revenue reached the same total. AWS grew much faster, with sales increasing 37% from the previous year. Advertising revenue also rose 26%, extending Amazon’s growth beyond retail and cloud services.
Operating income increased to $27.5 billion from $19.2 billion in the prior-year quarter. North American operating income reached $9.1 billion, while international income rose to $1.7 billion. AWS operating income climbed to $16.6 billion from $10.2 billion.
Anthropic Gain Boosts Quarterly Profit
Amazon posted net income of $62.6 billion, compared with $18.2 billion one year earlier. Diluted earnings reached $5.75 per share, up from $1.68 per share. A $53.4 billion pre-tax gain from investments, mainly Anthropic, significantly lifted the quarterly result.
Operating cash flow increased 33% to $161.4 billion for the trailing twelve months. Meanwhile, free cash flow moved to a $7.6 billion outflow from an $18.2 billion inflow. Higher capital spending drove the change as Amazon expanded data centers and computing infrastructure.
Property and equipment purchases increased by $66.1 billion from the prior-year period. Amazon directed much of that spending toward cloud capacity, chips, and artificial intelligence services. Those investments supported faster AWS growth but reduced near-term free cash flow.
AWS Growth Drives Wider Expansion
AWS recorded its fastest growth in 18 quarters as enterprise demand strengthened. Its artificial intelligence business exceeded a $25 billion annual revenue run rate. Amazon’s chip business also passed a $25 billion annual run rate with triple-digit growth.
Amazon expanded Trainium adoption through commitments from Anthropic, OpenAI, startups, and major companies. It also released Graviton5, which delivers stronger computing performance than the previous generation. Revenue commitments for Graviton nearly tripled from the previous quarter.
Beyond cloud services, Amazon expanded fast delivery, business logistics, pharmacy, advertising, and streaming operations. Amazon Now added 80 United States cities and now serves more than 250 cities globally across nine countries. Amazon Business reached $60 billion in annualized gross sales and expanded its product selection for commercial customers.

The post Amazon (AMZN) Stock Jumps as Revenue Rises 20% and AWS Sales Climb 37% in Q2 appeared first on Blockonomi.

TLDR
RCAT stock jumps 9.08% after securing a $2.49M U.S. Air Force drone contract.
Teal Drones will supply Black Widow systems, training, spares, and support.
Air Force Security Forces will assess Black Widow as a potential Teal 2 successor.
Black Widow already serves as the U.S. Army’s selected short-range drone platform.
Successful testing could open a broader Air Force fleet replacement opportunity.
Red Cat Holdings (RCAT) stock rose 9.08% to $7.39 after Teal Drones secured a $2.49 million Air Force contract. The award covers Black Widow drones, training, batteries, spare parts, and shipping for an assessment. The gain pushed RCAT near session highs.
Red Cat Holdings, Inc., RCAT
Air Force Tests Black Widow as Teal 2 Successor
The Air Force awarded Teal Drones a contract through its Security Forces Center. Red Cat will supply Black Widow systems and train personnel who will instruct other operators. The package includes batteries, spare components, support, and shipping.
The Air Force will test Black Widow across technical and operational security missions. The review will determine whether the platform can replace the Teal 2 fleet. That fleet serves active-duty personnel, Air National Guard units, and Air Force Reserve teams worldwide.
Red Cat must complete delivery by August 24, 2026, under the contract schedule. The assessment could create a larger opportunity if Black Widow meets operational and training requirements. However, the current award only covers test systems and related services.
Contract Extends Red Cat’s Defense Drone Momentum
Black Widow serves as Red Cat’s main short-range reconnaissance drone for missions. The system gives field units portable intelligence, surveillance, and reconnaissance support during operations. Its compact design allows teams to deploy the aircraft quickly near sensitive locations.
The U.S. Army previously selected Black Widow for its Short Range Reconnaissance Program. That decision strengthened Red Cat’s position among domestic small drone suppliers. The Air Force review adds another military branch to the platform’s defense record.
Red Cat builds its systems in the United States for government and military use. Federal agencies seek domestic drones that reduce reliance on foreign supply chains. Therefore, the contract supports Red Cat’s expansion across defense programs and service branches.
RCAT Stock Gains on Potential Fleet Opportunity
RCAT shares advanced because the award creates a path toward a broader Air Force fleet decision. A successful assessment could position Black Widow to replace Teal 2 systems across security units. That outcome would require separate approvals, procurement steps, and funding beyond this contract.
The $2.49 million award remains small compared with major defense procurement programs. Still, it gives Red Cat direct access to Air Force testing and user feedback. It also lets the company prove performance across active-duty, Guard, and Reserve environments.
Red Cat focuses on small drones, robotic systems, and related defense technology. Security needs, domestic sourcing rules, and battlefield demand shape the company’s market within the defense sector. The contract adds another government customer and gives RCAT stock a clear near-term catalyst.

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