Flash News

TREE NEWS update: Japanese firm Metaplanet transferred $237 million worth of Bitcoin to Coinbase Prime, likely for institutional custody or trading. This move highlights growing corporate Bitcoin adoption in Asia.

TREE NEWS update: Suiyuan Technology, one of China’s ‘Four Little Dragons’ in domestic GPU manufacturing, will begin online subscription for its IPO on the Shanghai Stock Exchange’s STAR Market on September 2. The company’s listing marks a significant milestone for China’s semiconductor industry, highlighting the push for domestic chip development.

TREE NEWS reports: Pre-market trading shows widened spreads for popular stocks, with Robinhood (HOOD) rising 2.62%. This indicates increased volatility and trading activity ahead of the market open.

TREE NEWS update: Fundstrat’s Tom Lee argues Nvidia’s valuation remains attractive despite recent stock weakness, suggesting that some AI stocks’ declines may be due to funds rotating into Nvidia. He believes the market is still bullish on AI infrastructure spending.

TREE NEWS reports: Genius Group plans to resume buying Bitcoin in Q4, aiming for a $827 million BTC treasury by fiscal year 2031. The move underscores growing corporate adoption of Bitcoin as a reserve asset.

TREE NEWS update: Genius Group, an AI-focused education company, announced plans to issue $12.5 million in perpetual preferred stock. The move aims to raise capital for its Bitcoin treasury strategy and AI initiatives.

TREE NEWS reports: BitGo has agreed to acquire NYDIG’s institutional trading business in a $42.5 million cash-and-stock deal, adding derivatives, structured products, and capital markets capabilities. The move allows NYDIG to focus on its power and data-center operations.

TREE NEWS update: Serenity criticizes Sivers Photonics for focusing too much on the Swedish market, arguing that US investors would better appreciate its growth potential and order economics. The firm highlights that US analysts would focus on wafer capacity, revenue implications, and partnerships, while local concerns bog down management. Serenity warns that continued Swedish focus will trap Sivers’ valuation.

TREE NEWS update: Nvidia reported Q2 FY2027 revenue of $96.2B, up 106% YoY, with data center revenue up 117% to $89B, but the market’s focus has shifted to the Rubin platform ramp, margin compression, and the exclusion of China data center revenue from guidance. The company guides Q3 revenue around $108B, with non-GAAP gross margin expected to decline to ~74% due to rising memory and component costs.

TREE NEWS reports: Analysts say Kevin Warsh’s comments have revived the possibility of a September rate hike, but the outcome hinges on upcoming nonfarm payroll and CPI data. Markets are pricing in mixed signals, with the Fed’s next move still uncertain.

TREE NEWS update: US spot Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending a nine-day inflow streak, with ARK 21Shares leading the outflows. Total fund assets fell back below $100 billion as Bitcoin’s price dipped below $78,000.

TREE NEWS reports: Chinese chipmaker ChangXin Memory Technologies (CXMT) has filed a lawsuit against the US Department of Defense to be removed from a blacklist, arguing its chips are for civilian use. The company claims its reputation and business have suffered since being listed in January 2025. The DoD declined to comment on the pending litigation.

TREE NEWS reports: Bitcoin spot ETFs recorded a net outflow of $202 million yesterday, breaking a nine-day streak of net inflows. This marks a notable shift in investor sentiment for the newly launched funds.

TREE NEWS reports: Iren has completed a $2.4 billion debt financing to procure Nvidia GPUs. The move underscores the growing demand for AI infrastructure, though it does not directly involve crypto or tokenization.

TREE NEWS update: Goldman Sachs disclosed an $88.1 million position in a Solana ETF, making it the largest public holder. This marks a significant institutional adoption of Solana-based investment products.

TREE NEWS update: Evernorth, the company managing XRP treasury assets, has received SEC clearance, advancing its plan to list on Nasdaq pending a shareholder vote. The firm’s XRP holdings are currently valued below its original purchase price, reflecting market volatility.

TREE NEWS reports: BitcoinTreasuries.NET reported that Strategy’s MSTR recorded over $3 billion in daily trading volume, surpassing Walmart’s by 136%. This highlights the significant trading activity in Bitcoin treasury companies.

TREE NEWS reports: Charles Schwab is reportedly planning to offer trading in Solana, Avalanche, and Chainlink to its clients, marking a significant expansion of crypto services by a major traditional brokerage. This move underscores the growing institutional adoption of digital assets.

TREE NEWS update: Charles Schwab is expanding its crypto trading platform to include Solana, Avalanche, and Chainlink, though no launch date has been announced. This move broadens the brokerage’s digital asset offerings beyond the two largest cryptocurrencies.

TREE NEWS reports: Strategy, led by Michael Saylor, pioneered the Bitcoin treasury playbook by accumulating BTC on its balance sheet. The company’s stock now serves as a leveraged proxy for Bitcoin, with its value closely tied to the cryptocurrency’s price movements.