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Multicoin exits the $1.65 billion Solana treasury company it helped launch eight months ago

Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, according to SEC filings.The crypto investment firm had been...
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Bitcoin

Morgan Stanley’s Bitcoin ETF drew $371 million of share contributions while Bitcoin erased $66.8 million

Morgan Stanley Bitcoin Trust (MSBT) recorded a $66.8 million decrease in net assets from operations during its first 85 days, even as the exchange-traded...
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Bitcoin

Soluna has 6.3 GW of data center projects on paper, only 192 MW are operating

Soluna Holdings, a renewable-powered data center operator spanning Bitcoin mining and developing AI infrastructure, reported rapid revenue growth in the second quarter alongside weaker...
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Bitcoin

Bit Digital pledged 74% of its staked Ethereum position to a loan that can trigger a 24-hour collateral call

Bit Digital funded the majority-owned AI infrastructure company WhiteFiber without selling Ethereum or issuing new shares, but the route added a new dependency to...
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Bitcoin

DATA Foundation token lockups: 18-month extension

Tokens held by DATA Foundation's team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project's earlier...
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Bitcoin

DeFi Development Reports $27.3M Q2 Loss Amid Debt, Dilution

DeFi Development Corp., which holds Solana's SOL token as a treasury asset, reported a $27 million second-quarter loss. It is also retrenching, closing its...
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Bitcoin

FG Nexus dumped all its Ethereum at a $45 million loss

FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward real estate development.In an Aug. 12...
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Bitcoin

Goldman Sachs drops $2.25 billion to hijack the Bitcoin yield market and leapfrog BlackRock by 19x

Goldman Sachs agreed to acquire NEOS Investments for up to $2.25 billion, adding a $30 billion options-income ETF platform that includes one of the...
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