Strategy Buys Fresh 4,603 BTC After Big Summer Sales
Strategy has made a fresh BTC purchase, reverting to its Bitcoin plan. It disclosed a $369.7 million buy in an SEC filing on Monday. This purchase turns out to be Strategy’s first one in the last two months. Strategy is currently the largest corporate holder of Bitcoin, and its shift from selling to buying might increase investor confidence. Strategy bought 4,603 Bitcoin between August 24 and 30 for an average of $80,318 per Bitcoin, as per the SEC filing. This brings Strategy’s total holdings to 845,050 Bitcoin. Strategy has already spent $63.73 billion in accumulating this stake in Bitcoin. Its average price per Bitcoin is $75,412. Saylor confirmed the figures in an X post on August 31, saying that the company owns “845,050 bitcoin” and $6.71 billion in what they call “USD Assets,” which consist of USD Reserve and USD Cash accounts. The net leverage of the company is 0.0%. Strategy BTC purchase to instill investor confidence The purchase was reportedly done without spending any extra money. As part of its ATM program, Strategy raised a net of $602.8 million through selling 4,531,421 shares of MSTR stock in one week. $369.7 million was spent to purchase Bitcoin, $151.8 million was spent to purchase STRC preferred stock, $50.7 million was spent on dividend payments on preferred stock, while the remaining $30 million was spent on increasing the company’s USD Cash reserves. The issuing of stocks to acquire Bitcoin has always been the way of funding the company’s operations. The company decided to restart the process only when the prices of its stocks recovered enough to be a more profitable way of acquiring capital compared to borrowing. That approach has turned out to be quite costly. From May to August, the company sold 6,948 BTC for around $432.5 million ($62,250 each). The repurchase at the price of $80,318 per coin implies that the company overpaid by almost 29%. The final result is that Strategy is down 2,345 BTC, but it managed to get around $63 million in the process. The summer sales happened for certain reasons. When the share price of STRC fell below its par value of $100, a funding source of the company was closed off. In order to continue with the process, the company has decided to launch the Digital Credit Capital Framework, under which it plans to sell Bitcoin up to $1.25 billion to pay dividends and repurchase its own preferred stock. At press time, Bitcoin costs $77,849. The post Strategy buys fresh 4,603 BTC after big summer sales first appeared on Coinfea.
Robinhood Chain Records Largest Day With $874.8 Million DEX Volume
Robinhood Chain recorded its strongest day since mainnet launched on July 1, reaching $874.8 million in decentralized exchange volume and 5,521,213 transactions on August 30. DefiLlama data also showed the network exceeded Ethereum and Hyperliquid in 24-hour app revenue, trailing only Solana during the same period. The milestone capped a sharp recovery from early August, when daily DEX volume had fallen to about $140 million after the launch-week surge faded. Over the following three weeks, activity climbed steadily and moved beyond the previous high recorded on July 11. Source: Dune Pons Family Drives More Than Half of Robinhood Chain Volume Pons.family generated $445.98 million in token volume on August 30, accounting for roughly 51% of total trading activity across Robinhood Chain. The permissionless launchpad allows users to deploy fixed-supply tokens traded against WETH while charging a fee on each swap. Source: Dune The platform became the chain’s busiest token launchpad after Noxa stopped accepting new token launches on July 11. Its latest daily volume was nearly 2.6 times its mid-July peak and more than twenty times the level recorded in mid-August. Competition increased after Uniswap Labs introduced Pools.trade on August 5. The Robinhood Chain launchpad offers zero platform fees and permanently locked Uniswap v4 liquidity. Pools.trade briefly surpassed Pons in token volume and daily token creation during its first 24 hours, but that lead did not continue. Pons routes 80% of protocol fees into an automated TWAP buyback that sends PONS tokens to a burn address, according to its documentation. The team said on August 29 that 29% of the original one billion token supply had been retired. Arcus Adds Leveraged Tokens and Stock Collateral Arcus, the dYdX-built decentralized exchange backed by Robinhood Crypto, launched pTokens on August 25. The products convert leveraged perpetual accounts into transferable ERC-20 tokens, including pBTC3x and pHOOD3x. Arcus also began accepting SPY, QQQ, and MAG7 stock tokens as collateral at 50% loan-to-value. The feature allows traders to use tokenized equity exposure as collateral without closing those positions. The launch arrived as broader crypto markets strengthened. Bitcoin rallied after August 17 during a record $2.7 billion wave of short liquidations that Bloomberg described as the largest since records began in 2021. The move followed a White House crypto meeting and a US Treasury decision to double long-dated bond buybacks. Bitcoin later reached nearly $81,500, while Ether gained almost 29% over the week and other altcoins advanced. Record Leaves Robinhood Chain Facing a Durability Test The July 11 high followed launch-week enthusiasm, while the August 30 record depended heavily on Pons.family, which produced half of chain-wide trading volume. Uniswap’s competing launchpad remained available with lower fees during the same period. This concentration distinguishes the latest record from July’s launch-driven activity. The next measure for Robinhood Chain is whether transaction activity and DEX volume remain elevated without Pons.family carrying such a large share of network trading. The post Robinhood Chain Records Largest Day With $874.8 Million DEX Volume first appeared on Coinfea.
Meta 正在考慮在其數據中心部署機器人,用於插接電纜、重啓服務器並檢查設備。現任與前任員工表示,這些機器可能會減少爲其人工智能建設提供支持的技術人員人數。 據《連線》(Wired)的一份報告稱,部分不願透露姓名的工人表示,硬件來自多家供應商的組合。其中包括位於舊金山的 Watney Robotics、位於魁北克的 Kinova,以及位於蘇黎世的 ABB。在一項實驗中,一臺 Kinova Gen3 機械臂被用來切斷服務器的電源,而另一臺機器正在測試用於更換網絡電纜。在一些地點,該公司已經部署了一種類似手指或尖細手持物的裝置,用來按下 Mac Mini 或類似設備上的電源按鈕,從而在遠程人工指令下對其重啓。