Bitcoin mining company Riot Platforms has sold an additional 500 BTC worth $38.24 million to institutional custodian NYDIG, continuing its steady pattern of selling mined bitcoins in 2026. This ongoing sell-off reflects the high operational costs and reduced block rewards miners face, pressuring Riot to liquidate rather than accumulate bitcoin. The sustained selling adds supply pressure on the bitcoin market, potentially limiting price gains as miners cover expenses. Market watchers are monitoring whether miners will shift to holding more bitcoin or continue selling as the market recovers in 2026.
Bitcoin Suisse is set to reduce its Swiss workforce by up to 50%, potentially cutting 60 of its 120 jobs, as part of a major restructuring. The company is closing its Copenhagen IT site and shifting software and back-office roles to international hub...
An unknown cryptocurrency whale transferred 125.33 billion Shiba Inu (SHIB) tokens from a BitGo custody wallet to a newly created self-custodial wallet, raising attention in the SHIB community. This wallet had recently received massive deposits total...
Spotify and Netflix reported contrasting Q2 2026 results, highlighting different growth strategies. Spotify grew its subscriber base beyond 300 million, boosted premium revenue by 15%, and improved gross margins with new offerings like audiobooks and...
NLY increased its portfolio from $73 billion in 2023 to $107 billion in 2026, enabling a dividend rise from $0.65 to $0.75 per quarter and shifting its stock valuation from a discount to a premium. Meanwhile, TPVG's balance sheet shrank due to defaul...
NVIDIA is in talks to invest up to $10 billion as an anchor investor in Anthropic's IPO, which could value the AI company at $2.3 trillion, potentially the largest IPO ever. This move aligns with NVIDIA's strategy to dominate AI by securing compute d...
