TREE NEWS reports: IREN’s FY2026 Q4 revenue slightly beat estimates at $137.2M, but net loss of $684M far exceeded expectations due to non-cash impairments from exiting Bitcoin mining. AI cloud services revenue hit 51% of total, first time surpassing mining, with contracted ARR raised to $4B and operational ARR doubled to $1B. Adjusted EBITDA remained thin at $19.2M, highlighting margin pressure during transition.
TREE NEWS update: TSMC distributed about NT$36 billion in Q2 employee bonuses, up over 50% from last year. Driven by growth in high-performance computing, IoT, automotive, and consumer electronics, TSMC posted record quarterly revenue and profit, with net profit up 77.4% YoY.
TREE NEWS update: French bitcoin treasury company Capital B raised €21M via a private placement of warrants, with participation from Adam Back and TOBAM. The funds will be used to acquire about 270 BTC, increasing its holdings to approximately 3,415 BTC.
TREE NEWS reports: Hong Kong-listed AI model concept stocks continued to decline, with Zhipu (02513.HK) falling over 8% and MiniMax (00100.HK) dropping more than 5%. The downturn reflects ongoing weakness in the sector.
TREE NEWS update: Coinbase’s US500 index perpetual contract, launched a week ago, has seen its 24-hour trading volume exceed $100 million. The product tracks the S&P 500 and marks Coinbase’s expansion into tokenized traditional assets.
TREE NEWS reports: Japan’s Nikkei 225 rose 0.41% to 66,405.56, while South Korea’s KOSPI fell 1.79% to 6,788.79. The mixed performance reflects divergent market sentiment in the region.
TREE NEWS update: Evernorth, the treasury company holding XRP, is now only a shareholder vote away from listing on the Nasdaq. The vote is the final hurdle before the company’s shares begin trading on the US exchange.
TREE NEWS reports: Bitcoin spot ETFs recorded a net inflow of $242 million yesterday, marking the ninth consecutive day of inflows. This sustained momentum reflects growing institutional demand for regulated Bitcoin exposure.
TREE NEWS update: Hong Kong stocks opened lower but recovered by midday, with the Hang Seng Index turning positive. Telecom-related shares outperformed, leading the market’s gains.
TREE NEWS reports: SK Hynix plans to strengthen collaboration with Japanese storage partners and push forward its US-based HBM packaging facility. This move aligns with broader semiconductor supply chain diversification efforts.
TREE NEWS update: Anthropic is reportedly planning to permit its existing shareholders to sell their shares during its initial public offering. This move aims to provide liquidity to early investors and employees. The decision reflects the company’s preparation for a public listing.
TREE NEWS reports: Bitget has listed a pre-market perpetual contract for SHEIN’s upcoming IPO, allowing traders to speculate on the stock before its official listing. This move highlights the growing trend of crypto exchanges offering pre-IPO derivatives.
TREE NEWS update: Gold bug Peter Schiff has again warned that MicroStrategy’s strategy is a ‘death spiral,’ dismissing the recent Bitcoin rebound as temporary. He argues that MSTR’s premium to NAV will collapse, dragging BTC down with it.
TREE NEWS reports: NVIDIA announced the acquisition of AI platform Hugging Face for $12.9 billion, marking a major consolidation in the AI industry. The deal underscores the growing importance of AI infrastructure and models, though it has no direct connection to crypto or RWA tokenization.
TREE NEWS reports: IREN reported Q4 FY2026 revenue in line with expectations, with AI cloud revenue doubling quarter-over-quarter, highlighting strong demand for its AI infrastructure services. The company’s focus on AI and high-performance computing continues to drive growth.
TREE NEWS reports: Evernorth’s SEC S-4 filing has become effective, moving the company closer to its Nasdaq listing. This milestone clears a key regulatory hurdle for the planned public offering.
TREE NEWS reports: Data shows that the US HYPE spot ETF recorded a total net inflow of $24.42 million in a single day. This indicates continued investor interest in the cryptocurrency-backed exchange-traded fund.
TREE NEWS update: Employees at Nvidia are reportedly concerned that a company project could attract antitrust scrutiny from regulators. The worry reflects growing attention on big tech’s market power and potential legal challenges.
TREE NEWS reports: Nvidia has paused certain credit support transactions, affecting some of its business operations. The move could impact its partners and the broader tech supply chain.
TREE NEWS reports: Bitcoin surged past $80,000 while Charles Schwab announced it will add Solana, Avalanche, and Chainlink to its retail crypto platform, boosting SOL by 12.9%. Ethena also gained 21.9% after proposing to route 95% of net revenue into ENA buybacks.
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