Flash News

TREE NEWS reports: BitMine acquired 28,086 ETH, boosting its treasury to 5.93 million ETH valued at about $14.79 billion. Aggregate reported holdings across entities rose to $15.7 billion from $15.6 billion a week earlier, nearing 5% of total supply.

TREE NEWS reports: The NYPD has issued memos to Homeland Security warning that Meta’s smart glasses could be used for covert filming inside jails and police facilities. The reports highlight concerns over the devices being used to record sensitive areas without authorization.

TREE NEWS update: StablecoinX, the treasury company for Ethena, has appointed Christopher Jensen as CEO and board member, effective immediately. Jensen, formerly a portfolio manager and digital assets research director at Franklin Templeton, will oversee StablecoinX’s three business lines and treasury strategy, which holds about 3.03 billion ENA tokens, roughly 20% of Ethena’s total supply.

TREE NEWS update: Strive CEO Matt Cole announced the firm acquired 1,375 bitcoin during the week, with 70% of capital raised coming from sales of its SATA perpetual preferred stock. The purchase brings Strive closer to a ‘billion-dollar’ milestone for its bitcoin holdings.

TREE NEWS update: Tom Lee’s Bitmine disclosed an additional $70 million purchase of Ethereum, boosting its total holdings to 5.93 million ETH, roughly 4.9% of the supply. The company states most of its tokens are staked to earn rewards.

TREE NEWS reports: Strategy’s return to Bitcoin buying lasted only one week, as the treasury firm spent $176.3 million on its own preferred stock instead. The company also doubled its buyback program authorization to $2 billion. This marks a shift from its recent Bitcoin acquisition strategy.

TREE NEWS update: Bitmine acquired 28,086 ETH, boosting its treasury to 5.93 million tokens worth $14.8 billion, representing 4.9% of Ethereum’s total supply. The purchase brings the company close to the 5% threshold.

TREE NEWS update: Bitmine has purchased 28,000 ETH, completing 97% of its goal to acquire 5% of Ether’s supply. Meanwhile, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.

TREE NEWS reports: Financial advisors weigh whether Bitcoin’s volatility makes it unsuitable for retirement portfolios, despite long-term optimism. The debate centers on appropriate crypto allocation limits for retirement accounts, with no consensus on a safe threshold.

TREE NEWS reports: The onchain ‘trenches’ segment, known for high-risk speculative trading, recorded its largest activity week since the TRUMP token surge. Analysts debate whether the spike signals a local market top or the start of a broader onchain rally. The surge follows a period of heightened retail interest in memecoins and new token launches.

TREE NEWS update: Strategy repurchased $176 million of its STRC preferred stock and doubled its digital securities repurchase program to $2 billion, while pausing new Bitcoin purchases. The company’s move signals a shift in capital allocation amid market conditions.

TREE NEWS update: Two suspects face a Wednesday hearing over four killings allegedly linked to a crypto wallet believed to hold millions of dollars in Bitcoin. The quadruple homicide in Mexico is tied to an alleged Bitcoin robbery attempt, with authorities investigating the connection between the murders and the digital assets.

TREE NEWS update: S&P Dow Jones Indices announced quarterly changes after Friday’s close, adding Bloom Energy, Illumina and Everpure to the S&P 500, and Dell, Palo Alto Networks, Arista Networks and SanDisk to the S&P 100. Memory and AI hardware stocks rallied, with SanDisk jumping 11.9%, SK Hynix up over 8% and Micron up over 6%. Bloom Energy, already up 7.35% on strong Q2 results, rose over 5% more after hours on the index inclusion.

TREE NEWS update: Strategy repurchased $176 million of its STRC shares, while making no bitcoin purchases or sales. The company’s total bitcoin holdings represent about 4% of the 21 million supply cap, valued at roughly $66 billion.

TREE NEWS reports: More than 71% of bitcoin supply is now in profit, approaching a level that has historically marked bear-to-bull transitions, Bitfinex analysts said. The metric suggests subdued volatility as the market nears a potential regime shift, though no explicit price forecast was provided.

TREE NEWS update: GCL Energy Technology’s wholly-owned subsidiary Xinweilai plans to invest 100 million yuan ($14.2 million) to subscribe to shares of the Lisi Xingshen fund, which is raising 1.74 billion yuan in its first close. The fund targets emerging technology sectors, and GCL’s stake would be 5.75%.

TREE NEWS update: The LAPTOP token will launch in September on Base, with 20% of its supply earmarked for traders who lost money on the TRUMP token. The meme coin, inspired by Hunter Biden, targets holders of the TRUMP meme coin.