Governance
Earnings
A $433 million Bitcoin accounting crash just exposed the high-stakes gap in CleanSpark’s massive AI transition
Bitcoin valuation changes represented 87% of the profit-to-loss swing, while Sandersville still needs substantial capital.
Mining
American Bitcoin built an 8,002 BTC reserve, but nearly 40% of it is quietly tied up with Bitmain
Mining supplied roughly 95% of Q2 reserve growth, while first-half operations and Bitcoin purchases used $129.1 million in cash.
Market
Bitcoin holds $64,000 as private hiring drops 53% before today’s macro test that could break support
ADP private-job growth fell to 44,000 from 95,000, but wages and yields resist a simple relief trade.
AI
Inside the race to create AI telepathy – and why an OpenAI researcher just staked her career on it
Former OpenAI researcher joins Conduit to turn neural data into AI prompts, though free-form performance remains unpublished.
Exchanges
Ethereum volume plunged 73% on Bullish, but a 72% spread jump saved its monthly bottom line
Bullish's filing-derived volume-times-spread proxy slipped 1.6% year over year and 38.3% from June despite the wider company-defined spread.
Privacy
Searching a Bitcoin wallet online could secretly hand your IP address to Chainalysis
Bitcoin tool WalletExplorer logs IPs and URLs within Chainalysis, while other major explorers follow different retention and access rules.
ETF
SEC filings show a $17.4 billion BlackRock crypto reversal as mystery investors redeem 106,000 BTC
BlackRock’s crypto ETFs moved from a $13.9 billion Q2 increase to a $3.5 billion decrease, while positive August sessions remain inconclusive.
Digital Asset Treasuries
AVAX One debt amendment raises cash and Bitcoin liquidity floor to $3.5 million
An amended legacy debenture excludes AVAX from the liquidity calculation after the company’s CEO transition.
Lending
If Bitcoin drops below $58,860, PowerCompute can hand over 307 BTC and walk away from $18 million in debt
The low rate lasts one period; on Sept. 2, PowerCompute must repay, surrender collateral or accept repriced terms.
Governance
Solana whales just triggered a countdown that could skyrocket SOL’s daily burn rate by over 1,200%
Both proposals have cleared the 15% stake threshold, but Aug. 22 ends only discussion before voting and any implementation.
Earnings
Block’s total profits jumped 25%, masking a 31% profit drop inside its $1.8 billion Bitcoin arm
Lower fees and trading dynamics narrowed implied margin by about 102 basis points, while Block disclosed no Bitcoin-specific activity lift.
Digital Asset Treasuries
How a Nasdaq Bitcoin holder diluted investors by 98% without selling a single coin
The Nasdaq-listed Bitcoin holder grew from about 2.86 million to 147.3 million shares while its latest reported treasury remained approximately 5,833 BTC.
