20h ago
Strategy sets up a $1.59B cash account after raising about $2B from MSTR share sales
Strategy raised about $2 billion last week by selling 18.26 million MSTR shares and repurchased about 1.43 million STRC preferred shares for $136.4 million. The company added $300 million to its US dollar reserve and placed the remaining proceeds into a newly launched US dollar cash account holding $1.59 billion. As of Sunday, the reserve stood at $5.1 billion, bringing total cash across the two pools to $6.69 billion. Strategy made no Bitcoin purchases or sales during the week, keeping its holdings at 840,447 BTC.
20h ago
20h ago
BitMine reports $14.9 billion in crypto and “moonshots” holdings as of August 24, 2026
BitMine released a holdings update as of August 24, 2026, putting the total value of its crypto assets and “moonshots” at $14.9 billion. The company said it holds 5,847,611 ETH valued at $2,440 per ETH, based on Coinbase pricing. It also reported 210 Bitcoin (BTC), a $180 million stake in Beast Industries, and an $89 million stake in Eightco Holdings (NASDAQ:$ORBS). BitMine reported total cash and marketable securities of $308 million, and said its tickers are $BMNR (common equity) and $BMNP (perpetual preferred), with Tom Lee as chairman.
ETH
ETH+1.19%
20h ago
21h ago
Kiichain exploit on Aug. 22 drains about 148 million KII after 18 attacks; network halted
On Aug. 22, Kiichain was exploited through vulnerabilities in the Cosmos EVM module, with losses of about 148 million KII. The team halted the chain after detecting the attack to prevent further losses, and about 80.70 million KII remains frozen in the attacker’s on-chain address and is recoverable after a restart. Most of the remaining funds were bridged to BNB Chain and sold, while another 3 million KII was sent to KuCoin and a freeze request has been filed. The issue stems from three flaws in a shared Cosmos EVM module that also affected Mantra and TAC the same week, and Kiichain is preparing fixes, an upgrade and restart, plus asset migration and bridge limits.
BNB
BNB+1.38%
21h ago
21h ago
IBM unveils dual-architecture mainframe chip that runs Arm and Z workloads on the same cores
IBM has introduced a next-generation dual-architecture mainframe processor that can natively run both Arm and IBM Z workloads on the same core. The 11-core chip can switch modes dynamically and is positioned to make it easier for enterprises to bring Arm-native Linux software into mainframe environments while tapping an ecosystem of more than 22 million Arm developers. IBM says the Arm capabilities deliver 100% binary compatibility and will be used in future IBM Z and LinuxONE systems to support enterprise AI use cases.
21h ago
22h ago
S&P 500, Nasdaq 100 futures slip 0.19% and 0.59% as chip and AI stocks weigh ahead of Nvidia results and Warsh’s Jackson Hole remarks
U.S. stock index futures traded lower in premarket action, with S&P 500 and Nasdaq 100 EMini futures down 0.19% and 0.59%. Chip and tech sentiment was pressured after Samsung Electronics slid more than 8% in Seoul on disappointment over its shareholder return plan. Alibaba Group fell more than 8% in Hong Kong after raising HK$80 billion ($10.2 billion) to fund AI investments, while SoftBank Group dropped over 5% in Tokyo after outlining a record 1 trillion yen ($6.3 billion) retail bond sale for AI funding.
22h ago