Hyperscale Data announced it holds approximately $36 million in cash and restricted cash, plus about 215 Bitcoin valued at $18 million, totaling around $53 million in assets. This amount is nearly twice the company's equity market capitalization as of September 3, 2026. The company sold some Bitcoin to fund the expansion of its Michigan AI data center under a 10-year master services agreement with a neocloud provider, expected to generate over $1.2 billion if extended to 20 years. Hyperscale Data believes this investment will create greater long-term value, noting the market currently undervalues the company's assets relative to its market cap.
Bitcoin surged 4.3% to $81,069, briefly surpassing $82,000 for the first time in months, driven by Federal Reserve Governor Waller's indication of maintaining current interest rates. This eased fears of rate hikes, lowering US Treasury yields and boo...
MIAX Exchange Group reported a 25.5% increase in average daily volume (ADV) of multi-listed options contracts year-to-date through August 2026, reaching 11.0 million contracts. The group also set a new year-to-date market share record of 17.1%, up fr...
Grayscale's CoinDesk Crypto 5 ETF reduced its XRP holdings by 27.1% from 16.87 million to 12.3 million tokens in fiscal 2026, as revealed in a recent SEC filing. The fair value of XRP in the fund fell sharply by 67%, from $39.14 million to $12.83 mil...
Job openings in the U.S. reached 7.27 million in July 2026, the highest since May, yet payrolls declined by about 23,000 jobs, mainly due to a hiring freeze for workers aged 22 to 25. AI adoption is reshaping the labor market by reducing entry-level ...
Plushie Planet, a company specializing in AI-driven emotional companionship products, secured $10 million in strategic financing from an undisclosed institutional investor. The funds will support research and development of AI companions, smart manuf...
