Crypto World
Bitmine (BMNR) buys $14 million in ETH as Tom Lee expects tailwind for crypto
Bitmine Immersion (BMNR), the largest Ethereum treasury firm, bought another 7,391 ether last week.
The purchase, worth roughly $14.2 million at ether’s price as of writing of $1,915, lifted the company’s holdings to over 5.8 million ETH, or about 4.8% of Ethereum’s total supply.
The latest haul, which extends Bitmine’s ETH buying streak to 58 weeks, was the smallest weekly purchase through the year and remains a fraction of the 100,000-plus weekly acquisitions Bitmine made earlier this year.
Thomas Lee, chairman of Bitmine, noted earlier this year that the firm would slow the pace of crypto accumulation as it gets closer to its goal of owning 5% of ether’s supply.
Instead, the company has shifted towards buying back shares. It repurchased another 3 million shares last week, which would have cost roughly $50 million to $58 million based on the stock’s trading range during the period. Since July, the firm has bought back 19.1 million of its own shares.
Bitmine also holds 209 BTC, $104 million in cash and marketable securities and stakes in Beast Industries and Eightco Holdings.
Bitmine shares traded flat neat $18.80 in pre-market trading.
Clarity delay
Lee focused on the macro backdrop despite another setback for U.S. crypto legislation, with the CLARITY Act failing to secure a Senate vote before the August recess.
Crypto World
Strive Expands Bitcoin Treasury With 147 BTC Purchase
Strive has added 147 Bitcoin to its corporate treasury, lifting its total holdings to 20,167 BTC. The purchase strengthens the company’s Bitcoin reserve as it continues expanding its digital asset strategy. Meanwhile, Strive reported strong Bitcoin yield figures, retired its debt, and maintained substantial cash reserves.
Bitcoin Treasury Reaches 20,167 BTC
Strive purchased 147 BTC between August 3 and August 7 at an average price of $64,812 per Bitcoin. Consequently, the latest purchase increased the company’s total Bitcoin holdings to 20,167 BTC. Based on current valuations, Strive’s Bitcoin treasury now carries a value of roughly $1.3 billion.
The latest acquisition continues a buying trend that accelerated throughout 2026. Strive purchased 1,109 BTC in May and added another 2,500 BTC during June. The company then continued its accumulation with additional Bitcoin purchases during July and early August.
Strive now ranks among the largest public companies holding Bitcoin in their corporate treasuries. BitcoinTreasuries.NET listed the company as the seventh-largest public Bitcoin holder. Therefore, the latest purchase further strengthens Strive’s position within the growing corporate Bitcoin market.
Bitcoin Yield Supports Treasury Strategy
Strive reported a Bitcoin yield of 24% during the second quarter of 2026. The company also recorded a Bitcoin yield of 38% during the first half of the year. Strive calculates the metric by comparing changes in Bitcoin holdings against diluted shares outstanding.
Meanwhile, the company fully retired its debt during the second quarter. Strive also held approximately $155 million in cash reserves after completing its debt reduction. Together, the cash position and Bitcoin holdings provide the company with two major treasury assets.
Strive has also introduced SATA, a preferred stock product that pays daily dividends. In addition, the company launched a Bitcoin treasury dashboard and website on August 10. The new tools provide regular updates about its Bitcoin holdings and treasury activity.
Bitcoin Expansion Follows Semler Merger
Strive significantly increased its Bitcoin reserves after completing its all-stock merger with Semler Scientific in September 2025. The transaction raised Strive’s Bitcoin holdings from about 5,000 BTC to approximately 10,900 BTC. Since then, the company has continued adding Bitcoin through regular treasury purchases.
The company’s 2026 acquisitions have pushed its holdings well above the level recorded after the merger. The May and June purchases accounted for 3,609 BTC before the latest acquisition. With the additional 147 BTC, Strive has continued building its reserve at a faster pace.
Tracking services estimate Strive’s average acquisition cost at about $94,700 per BTC across its entire treasury. However, the latest purchase price of $64,812 remained below that estimated average. As a result, the new acquisition added Bitcoin at a price below the reported cost basis of its broader holdings.
Strive’s growing Bitcoin reserve now forms a major part of its corporate financial strategy. The company continues combining Bitcoin accumulation with its asset management operations and treasury products. Meanwhile, its debt repayment and cash reserves provide additional financial resources as the strategy expands.
Crypto World
10 Things Infectious-Disease Experts Don’t Worry About
Settling for hand sanitizer
Hand sanitizer isn’t a lazy or inferior choice in every situation. “A lot of people ask, ‘Well, can I just use the hand sanitizer?’” Roberts says. “And sure—they’re very effective.”
She keeps it within reach when soap and water aren’t convenient, especially before eating on the go. “Just pop one of those things into your bag, and hit that hand sanitizer before you pick up a hamburger,” she says.
There are exceptions. Alcohol-based sanitizer doesn’t work well against norovirus, Griffin says. If someone nearby is vomiting or has diarrhea, he makes a point of washing thoroughly with soap and water. Sanitizer also isn’t ideal when your hands are visibly dirty. But for ordinary use when you’re out and about, there’s no reason to feel guilty about reaching for it.
Eliminating every possible risk
Torres knows how easily learning about infectious diseases can send someone spiraling. “You can end up wanting to live in a bubble and never go outside—and that’s just impossible,” she says. “If you go too far down the rabbit hole, you get a little depressed.”
Crypto World
Solana gets its first Strategy STRC product through Solstice Finance
Solstice Finance rolled out a Solana-based product that gives decentralized finance (DeFi) users structured exposure to the dividend income and price risk of Strategy’s (MSTR) preferred stock (STRC).
The Zug, Switzerland-based firm, a DeFi yield infrastructure protocol built on Solana, said its new product splits the indirect STRC exposure into a senior and junior tranche, the firm said in a press release shared via Telegram.
Strategy disclosed it sold 1,690 bitcoin for $108.6 million on Monday, using the proceeds to repurchase 1,152,020 shares of its variable-rate preferred stock, STRC, for $108.6 million. The bitcoin sale reduced Strategy’s holdings to 840,447 BTC.
The product, called strcUSX, does not tokenize or give users ownership of STRC shares. Instead, users deposit USX, Solstice’s dollar-linked settlement token, into a vault and receive one of two Solana tokens tied to the economics of a portfolio holding the Nasdaq-listed preferred stock.
Crypto World
Tokenized RWA Surge to $4T May Push LINK to $200 by End 2030: Standard Chartered
The LINK token may see a 25-fold increase to $200 by the end of 2030, as the growing real world asset market increases demand for the industry’s largest oracle services provider, according to Standard Chartered.
The Chainlink (LINK) token may see an more than 25-fold increase by the end of the decade, as tokenized real world assets (RWA) will reach $4 trillion by the end of 2028, according to a forecast by Geoff Kendrick, the global head of digital asset research at Standard Chartered.
Kendrick said that the growth in tokenized assets will require more external data to come securely onchain, which may increase Chainlink’s fee generation and push its LINK token to $200 by the end of 2030, up from $8 today, according to a Monday report shared with Cointelegraph.
The report also forecast a 37-fold rise in tokenized and crypto-native assets deployed in decentralized finance, pushing these assets to $2.7 trillion by the end of 2030. Kendrick said these assets will require trusted data, interoperability between networks, privacy-preserving compliance and integrations with existing financial systems, which “only Chainlink is currently equipped to provide.”
The report follows growing demand for tokenized assets. Tokenized RWA trading on decentralized exchanges (DEXs) reached a new all-time high of $141 billion in July, marking a 19.5% monthly rise largely driven by public equities, according to data provider CryptoRank.
Chainlink is the blockchain industry’s leading decentralized oracle provider for crosschain communication, with $34.4 billion in total value secured. Chronicle ranks second with $7.36 billion, according to data aggregator DefiLlama.
Standard Chartered’s Kendrick said that potential risks to its Chainlink price forecast include slower-than-expected institutional tokenization initiatives, competition from specialist oracle providers and potential technical setbacks.
Magazine: What NYSE’s exploration of onchain systems means for financial markets
Crypto World
BTC USD Price Prediction: Can Bitcoin Hold $64,000 Before Wednesday’s CPI Data Drop?
BTC USD is trading at $64,950, up a modest +0.2% on the day, after briefly punching through $65,400 in early August 10 trading. That’s not a breakout yet, as it’s already lost the $65,000 level. The bigger question is whether Wednesday’s inflation print turns this into a real move or sends BTC back toward the low $64,000s. As things stand, Bitcoin is holding steady above $64K and until $64,500 is lost, there is no real reason to panic.
The setup is straightforward on paper, messier underneath. Friday’s payroll data showed the US economy shed 23,000 nonfarm jobs in July, with unemployment holding at 4.1% and a combined 103,000 jobs erased from May and June revisions, according to the Bureau of Labor Statistics.
Weak hiring cooled expectations for further Fed tightening, and BTC gained nearly 2% on the initial reaction. That move has held for three sessions now, but $65,000 hasn’t converted into firm support; it’s still a coin flip level.
Institutional flows are backing the bid. CoinGlass clocked $854M in net spot ETF inflows from Aug. 3–7, with BlackRock’s IBIT pulling in roughly $694M of that. Farside’s daily figures over the same window total closer to $865M, a minor discrepancy but not one that changes the direction of travel. The next macro catalyst lands Wednesday at 8:30 a.m. ET, when the July CPI report either confirms the disinflation narrative or forces traders to reprice rate-cut odds.
Can BTC USD Price Hit $66,300 This Week if $64K Holds?
BTC’s current range sits between support near $64,700–$64,800 and resistance stacked at $65,300–$66,300. Coinlore places the intraday band at $63,790–$66,325, with $65,469 as first resistance, then $67,081, then a stretch target near $78,085 if momentum actually builds.
TradingView notes BTC has been range-bound for roughly two months, with the monthly open sitting near $62,700, a reminder that this “recovery” is still inside a broader sideways channel, not a new trend.
Bull case: A soft CPI print extends the payroll-driven rally, ETF inflows continue, and BTC clears $65,469 to test $67,000.
Base case: CPI comes in mixed, BTC oscillates $64,000–$66,000 into next week.
Bear case: Hot inflation data revives rate-hike chatter; three Fed officials already favored a hike in July, per the Fed’s own statement, and BTC slips back under $64,700. For longer-range targets, see this 2026 Bitcoin forecast breakdown.
Discover: Get Paid to Be Right, $25 to Start on Kalshi
Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels
A $65,000 BTC USD holding steady on ETF demand is bullish confirmation for anyone already positioned. But at a $1.3 trillion-plus market cap, a move to $67,000 is a 3% gain, not the kind of asymmetric return that rebuilds a portfolio.
That math is exactly why traders keep rotating capital into Bitcoin’s own infrastructure layer while the base asset consolidates. Some are also weighing near-term technical setups covered in this breakout-level analysis.
Bitcoin Hyper ($HYPER) is billing itself as the first Bitcoin Layer 2 with native SVM integration, smart contracts running faster than Solana itself, and settlement under Bitcoin-grade security.
The presale has raised $33,018,140.08 at a current token price of $0.0136844, with staking APY on offer (rate undisclosed, but live).
Core features include a Decentralized Canonical Bridge for BTC transfers and low-latency L2 execution designed to fix Bitcoin’s two oldest problems: fees and programmability.
Discover: Everyone’s Got a Take. Get a Free $25 to Actually Trade Yours on Kalshi
The post BTC USD Price Prediction: Can Bitcoin Hold $64,000 Before Wednesday’s CPI Data Drop? appeared first on Cryptonews.
Crypto World
SpaceX Rivals Rocket Lab, AST SpaceMobile About To Report Earnings. What To Expect.
SpaceX rivals Rocket Lab and AST SpaceMobile will both report earnings after the close on Monday. On Monday morning, Rocket Lab (RKLB) stock rose as much as 3% before paring gains, while AST SpaceMobile (ASTS) fell 2%, according to MarketSurge. Both stocks hit historic highs earlier in Q2, as the broader space industry experienced sectorwide excitement in the lead up to…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Crypto World
Strategy Boosts Dollar Reserve After Bitcoin Sale
Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.
The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC).
Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends.
The transaction marked Strategy’s fourth disclosed Bitcoin sale of 2026, bringing its total Bitcoin sales for the year to 6,948 BTC, while the company still holds 840,447 BTC purchased for an aggregate $63.36 billion.
Bitcoin becomes part of the funding engine
Strategy sold the latest batch at an average net price of $64,262 per Bitcoin, while its total holdings carry an average purchase price of $75,385 per BTC, including fees and expenses.
Strategy’s prior disclosed sale involved 1,638 BTC for $104.73 million between July 27 and Aug. 2, when it also used Bitcoin sale proceeds to fund STRC repurchases.

Source: SEC
The latest filing shows that Strategy has $785.2 million remaining under its digital credit securities repurchase program, which covers its preferred stock, while another $1 billion remains available under its Class A common-stock repurchase program.
$4.65 billion reserve cushions preferred dividends
Strategy also continued building its US dollar reserve, reporting a balance of $4.65 billion as of Sunday, up from roughly $4 billion in the previous weekly update.
The company said $650 million of the $653.1 million in net proceeds from recent MSTR stock sales went toward the reserve, while the latest figure also includes expected proceeds from at-the-market (ATM) sales that had not yet settled.

Source: SEC
STRC shares have also rallied during Strategy’s recent buybacks, retaking $90 on Aug. 3 after rebounding 24% from their June lows.
STRC was up 0.46% at $95.45 in premarket trading Monday after closing Friday at $95, while MSTR gained 0.25% to $100.26, according to Yahoo Finance.
Magazine: Strategy became a symbol of the dot-com crash: Could history repeat?
Crypto World
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
Crypto asset manager Grayscale Investments has dropped plans for exchange-traded funds tied to Cardano’s ADA, Polkadot’s DOT and Hedera’s HBAR, withdrawing three registration statements from the U.S. Securities and Exchange Commission (SEC) late Friday.
Through three separate requests with the regulator, Grayscale told the SEC it “does not intend to proceed with the planned distribution” of the shares of each trust.
The withdrawals were initiated by Grayscale and weren’t SEC rejections.
Grayscale’s initial Cardano ETF proposal came in February 2025, and its Polkadot filing later that month. Grayscale filed the corresponding ADA and DOT registration statements on Aug. 29, followed by its HBAR registration on Sept. 9.
The proposed funds were designed as passive vehicles that would track the value of their respective tokens after fees and expenses. Grayscale said it had not sold securities or distributed preliminary prospectuses under the registrations.
All three tokens have been losing value over the last few months. Year-to-date, ADA is down more than 41%, while DOT lost 54% of its value and Hedera’s HBAR lost 35%.

Since late February 2025, when the filings came in, performance has been worse. ADA endured a 70% drawdown, while DOT saw an 80% downward move. HBAR also dropped more than 70%.
Crypto World
Vertex Stock Rockets On Sionna Therapeutics’ Surprise Cystic Fibrosis Flop
Vertex stock surged Monday after its competitor, Sionna Therapeutics (SION), missed the mark for its highly anticipated cystic fibrosis treatment. Sionna’s drug, SION-719, lowered sweat chloride by 1 millimole per liter, on average and compared to a placebo, when added to Vertex Pharmaceuticals’ (VRTX) Trikafta. Measuring chloride, or salt, in sweat is the gold standard for diagnosing cystic fibrosis, a…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
Crypto World
Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain
[PRESS RELEASE – Road Town, British Virgin Islands, August 10th, 2026]
Deposits Are Open for hBTC, the Vault Token for Hilbert Group’s BTC Basis+ Strategy
Syntetika, a tokenization hub for regulated investment strategies, opened deposits today for its first strategy: BTC Basis+, managed by the publicly traded Hilbert Group.
Syntetika makes investment strategies that run inside regulated funds accessible directly from a wallet. Each fund operates with independent custody, and each cycle its net asset value is attested by an independent third party. That attested NAV is the price at which vault tokens are issued and redeemed.
BTC Basis+ is a Bitcoin basis strategy: it holds Bitcoin exposure and captures the funding spread between spot and futures markets, with returns denominated in Bitcoin terms. Participants deposit cbBTC through the Syntetika platform in a permissionless way. Deposits are queued and subscribed into the fund at the next processing cycle, with hBTC minted at an attested NAV. Redemptions follow the same cycle.
Syntetika launches with partners Tulipa Capital on strategy curation, Ember Protocol on vault infrastructure, and Yield Network as Liquidity Syndication Partner. The platform launches on Base. Reserves behind its tokens will also become checkable by anyone through Chainlink Proof of Reserve.
“Today Syntetika opens its doors with BTC Basis+,” said Jorge Cuartero, CEO of Syntetika. “What we are really launching is the platform underneath it: infrastructure built to carry a growing set of regulated strategies onchain. This is day one of that roadmap.”
BTC Basis+ is open for deposits now at syntetika.io
About Syntetika
Syntetika is a tokenization hub for regulated investment strategies. Each strategy runs inside a regulated fund with independent custody and third-party NAV attestation, and is accessed onchain through a vault token issued and redeemed at that attested NAV.
The post Syntetika Launches Tokenization Hub Bringing Regulated Investment Strategies Onchain appeared first on CryptoPotato.
-
Fashion3 days agoWeekend Open Thread: Mattifying Sunscreen
-
Fashion3 days agoFrugal Friday’s Workwear Report: Cap-Sleeve Pointelle Crewneck Sweater
-
Sports5 days agoJordan Coyle & Cordiamo take Laya Arena Stakes at RDS
-
News Videos2 days agoCan Astrology Help Find Gold and Silver Trends? A Financial Astrology Guide
-
Business5 days agoUS stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag Nasdaq
-
Crypto World7 days agoUS Tech Stocks See Largest 5-Week Inflow in History: Can Nasdaq Break Its Downtrend?
-
Politics4 days agoReform UK And Greens Sink To Lowest Favourability Ratings To Date
-
Business6 days agoNvidia Stock Climbs 2.5% as Chip Sector Rally Builds Ahead of AMD Earnings, Nvidia’s Own Report Looms
-
Crypto World6 days agoPolymarket targets $20 billion valuation as competition heats up in prediction market sector
-
Tech6 days agoOpenAI, Anthropic AI agents targeted real people and systems in cyber tests
-
Business5 days agoSupply chain issues impact Ingredion
-
Crypto World6 days agoCLARITY Act Senate Vote Locked In, But 60-Vote Hurdle Looms Large
-
Tech3 days agoRinn Pharma & Biopharma to join NordicPharmaTrain network
-
Crypto World7 days agoThe Senate has one week: CLARITY’s last August window
-
Crypto World6 days agoDow and S&P 500 Hit Records on AI Earnings: When Will the Bubble Burst?
-
Crypto World7 days agoCalifornia Wildfire Bets Expose Polymarket’s Dark Side
-
Business2 days agoHow to Start a Cleaning Business: A Step-by-Step Guide
-
Business1 day agoDatadog: Best Of Breed For Multiple Reasons
-
Business7 days agoCNH Industrial Shares Jump Over 15% After Beating Estimates and Raising Full-Year Earnings Guidance
-
Business2 days agoBDC Weekly Review: Private BDC Q2 Numbers Are Strong

THIS WEEK: Bitcoin topped $65,000 after a shockingly weak July jobs report (-23,000 jobs) slashed September Fed rate-hike odds to 40%.
You must be logged in to post a comment Login