Strive's SATA preferred shares recover to near $100 par value after June selloff, reflecting regained confidence in Bitcoin treasury strategies, with potential positive impact on similar products like Strategy's STRC.
U.S. Treasury yields slid on Friday, with the 10-year note dropping over 2 basis points, as oil prices declined following reports of Pakistan exploring U.S.-Iran peace talks. This occurred amidst President Trump's consideration of a "massive attack" on Iran.
Bitcoin dropped below $65,000 as rising oil prices, fueled by Red Sea tanker attacks and US threats against Iran, pushed Treasury yields higher and triggered a broader retreat from risk assets, impacting spot demand and ETF flows.
Brent crude surpassed $100 a barrel after Houthi attacks on Saudi oil tankers, escalating Middle East tensions and prompting a US warning to Iran. This fueled inflation fears, driving Treasury yields higher and causing a market sell-off, while tech stocks experienced volatility due to AI spending plans and regulatory fines.
Empery Digital invested $20 million in Cardinal Data Power's $70M Series A, securing an 8% stake to support a 750MW West Texas data center for AI. This move aligns with Empery's pivot from its Bitcoin treasury strategy, having sold 1,400 BTC for $87.1M amid shareholder pressure, to fund AI infrastructure and repay debt.
Zhibao Technology Inc., a Nasdaq-listed Chinese InsurTech company, announced a non-binding term sheet to receive approximately 3,500 Bitcoin ($220M) as payment in a PIPE financing. The deal would give buyer Joyertech and Information OPC majority control of Zhibao.
Smarter Web sold 177.89 Bitcoin for $11.7 million to repay a convertible instrument, reducing its BTC holdings by 6.18% and simplifying its capital structure. The repayment extinguished a potential claim for 7.72 million new shares, impacting Bitcoin exposure per share.
U.S. Treasury yields, including the 10-year note, advanced significantly as Brent crude surpassed $100/barrel due to Middle East tensions, fueling inflation fears. This, coupled with weekly jobless claims falling below 200,000, increased expectations for a Federal Reserve interest rate hike.
U.S. Treasury yields advanced on Thursday, with the 10-year note reaching 4.707%, driven by Brent crude oil climbing above $100 a barrel due to Middle East tensions and weekly jobless claims falling below 200,000, signaling inflation fears and a potentially heating economy.
New Prime Minister Andy Burnham aims to strengthen No 10's executive power to drive a decentralisation agenda, addressing the paradox of Britain's overcentralised state and past policy failures under Sir Keir Starmer.
White House official Michael Kratsios accused Chinese startup Moonshot AI of large-scale, covert distillation of Anthropic's Fable model to create Kimi K3, potentially using restricted Nvidia chips in Thailand. Treasury Secretary Scott Bessent suggested sanctions for such "theft," while industry figures debate the claims.
L'oro ha subito una marcata correzione nella prima metà del 2026, riassorbendo un premio di valutazione. L'analisi indica un "sano assestamento" e prevede un recupero verso i 4.563 USD/oncia entro il secondo trimestre del 2027, guidato dai fondamentali macroeconomici come inflazione, tassi d'interesse e dollaro USA, dopo che fattori geopolitici e la nomina alla Fed avevano innescato il calo.
U.S. Treasury Secretary Scott Bessent reiterated warnings to Chinese AI companies, stating sanctions are possible for IP theft, specifically citing Moonshot's alleged distillation of Anthropic's Fable model. A White House official also accused Moonshot of using banned Nvidia servers.
Andy Burnham's new Labour government, with John Healey as Chancellor, faces significant fiscal challenges, balancing ambitious spending plans with market scrutiny. The administration draws parallels to the 1976 Labour government, aiming to roll back Thatcherism while navigating potential tax rises and bond market concerns.
Thames Water bondholders, facing a credible threat of special administration, are now proposing new ideas like a "golden share" and "supervisory structures" to take over the utility. This shift exposes the government's earlier weak approach to the company's financial crisis, prompting the new Prime Minister to choose between nationalization, special administration, or a revised creditor deal.
Satsuma Technology, a UK-based Bitcoin treasury company, will liquidate its entire 668 BTC position (worth $43.5M) and delist from the LSE after shareholders overruled its board. This unwinds the company, which raised £163.6M in 2025 but saw its stock crash during the crypto winter.
U.S. Treasury yields increased across the curve due to escalating Middle East tensions, though reports of ceasefire proposals tempered oil prices. Investors are monitoring energy prices, developments in the Iran conflict, and an upcoming U.S. PMI report.
Treasury Secretary Scott Bessent announced the U.S. will investigate Chinese open-source AI models for intellectual property theft, threatening sanctions against companies found to be stealing IP. This move escalates the technological competition as Chinese models gain capabilities, potentially harming American AI firms.
Andy Burnham has appointed John Healey as UK Chancellor, an unexpected choice seen as a safe pair of hands to unite the Labour Party and manage the economy. Healey faces the challenge of funding Burnham's policy promises, including higher defence spending and public control of utilities, without raising key taxes or breaching borrowing rules.
Jack Mallers is stepping down as CEO of Twenty One Capital to focus on Strike, while Twenty One and Strike abandon their planned combination. Raphael Zagury takes over Twenty One, tasked with building cash-generating operations around its large Bitcoin treasury amid market challenges.
Andy Burnham has established a new Office of the Prime Minister and Cabinet, led by Louise Haigh, consolidating parts of the Cabinet Office, Treasury, and housing ministry. This move aims to make No 10 North in Manchester the "dominant driver of the UK’s economy" and shift power from London.
U.S. Treasury Secretary Scott Bessent announced an investigation into whether Chinese AI models, including Moonshot AI's Kimi K3, are "distilled" from American models, citing "IP theft." He warned of potential sanctions and noted "watermarks" from U.S. large language models on Chinese counterparts.
Britain's new chancellor, John Healey, faces a severe affordability crisis with declining household incomes, high inflation, and rising borrowing costs. The article outlines a "triple bind" and proposes direct inflation reduction through essential price cuts and tax reforms on investment income and landlord taxation to provide relief without provoking higher interest rates.
U.S. Treasury yields increased across the curve on Tuesday, driven by escalating Middle East tensions. Reports of ceasefire mediation efforts tempered oil prices, but strategists warn government bonds remain vulnerable to energy price shifts and developments in the Iran conflict.
