MARA Holdings reported a net loss of $611.3 million in Q2 2026, with revenue falling 27% year-over-year to $174.9 million due to lower Bitcoin prices despite a 3% increase in Bitcoin production. The company sold some Bitcoin to fund operations and pledged more as collateral for new credit facilities supporting its pivot to AI infrastructure, including a planned $1.5 billion acquisition of an Ohio gas plant and computing campus. While mining output improved, higher energy costs and fair-value losses on digital assets pressured results. MARA aims to balance Bitcoin holdings with expanding AI and power capacity, with key upcoming milestones including financing execution and regulatory approvals.
Solana's price climbed to around $76, driven by significant accumulation from a large wallet using a time-weighted average price strategy, signaling institutional interest. Meanwhile, the community is debating governance proposals that could increase...
Robinhood Ventures Fund II (RVII) plans a $200 million IPO at $25 per share to provide retail investors access to a diversified early-stage venture capital portfolio through a business development company (BDC). The fund's portfolio includes about 80...
Ethena (ENA) fell 3.9% in the last 24 hours with a 41% drop in trading volume, reflecting subdued market activity likely due to the weekend. Despite significant purchases by notable investors, overall demand remains weak as more ENA tokens flow onto ...
Myspace's owners are preparing to relaunch the once-popular social media platform, aiming to capitalize on nostalgia and users' fatigue with current algorithm-driven platforms. Despite its strong brand recognition, Myspace faces significant challenge...
Bitcoin options data reveals a split market sentiment: medium-term positioning remains bullish with calls dominating open interest, while recent trading shows increased put volume indicating short-term caution. Total open interest slightly declined t...
