Governance
AI
Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment
All 133 MW is live, but the revenue figure is Q3 guidance and does not yet offset the Q2 loss.
AI
Hyperscale sells Bitcoin for AI business set to deliver less than 20% of 2027 revenue
The company is targeting up to $350 million in sales, but lending, digital assets and portfolio companies are expected to carry the forecast.
AI
Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end
The 16-year agreement could transform its business, provided a $500 million build stays on schedule.
AI
IREN’s $625 million AI bet creates a $476 million stock overhang
Former Mirantis investors and employees can now sell nearly 12 million shares received in the acquisition.
Mining
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
Most of Hut 8's balance is dedicated to project construction and debt service, while quarterly interest expense reached $51.2 million.
Mining
Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent
Cipher sold 1,619 BTC at a $47.7 million realized loss in the first half, while its new rent ramp remains undisclosed.
Digital Asset Treasuries
Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash
Canaan authorization allows asset sales but reports no transaction, leaving current buyback capacity and available liquidity unresolved.
TradFi
SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin
The company parked $76 billion in money funds and government securities while AI spending exploded but its 18,712 BTC balance stayed flat.
DeFi
Is crypto dead yet? Project shutdowns peaked this April but the latest 2026 data hides a scarier trend
New tracker logs 109 records of crypto project shutdowns, wind-downs, and inactivity as banks build controlled blockchain rails.
Mining
TeraWulf’s Bitcoin mining revenue fell 73% as AI related leases reached 71% of sales
HPC leasing generated $31.9 million in the quarter as the company spent heavily to expand its data-center capacity.
ETF
Investors poured millions back into Grayscale’s XRP fund, but a $16.8M market hit instantly wiped out the comeback
A devastating six-month bleed has wiped $165 million from Grayscale's XRP trust through a toxic mix of mass exits and market crashes.
Exchanges
BitMart gives US users just days to pull crypto before aggressive new compliance checks risk freezing their assets
Covered users must close positions and withdraw by 23:59 UTC, while the wider platform keeps two Aug. 26 clocks.
