Author: 行政

Phong Le told Bloomberg Television the US$3 billion reserve strengthens liquidity and reassures preferred shareholders after their feedback, with no change to the Bitcoin thesis. Strategy made no BTC purchases or sales between July 6 and 12; it holds 843,775 BTC acquired for US$63.69 billion, the largest identified corporate stash. Le said the company’s roughly US$6.7 billion in convertible debt becomes a balance-sheet risk only if Bitcoin falls to about US$8,000 to US$10,000. Strategy CEO Phong Le said the company’s US$3 billion (AU$4.29 billion) cash reserve exists to strengthen liquidity and reassure preferred shareholders, telling Bloomberg Television this week that…

Ethereum has recorded $478 million in net exchange outflows over the last 7 days, a pace running roughly five times above average and the kind of supply-side move traders typically read as accumulation, according to Nansen.Nansen’s data complicates that reading, as top-PnL wallets sold a net $64 million over the past seven days, and smart traders and whale accounts on Hyperliquid perpetual futures both hold net short positions.“Smart traders” held $38 million net short, and whale wallets added another $21 million net short on top of that. Those are cohorts the market treats as genuinely informed traders, which gives their…

Australia will introduce enforceable standards requiring large AI data centres to meet stricter energy, water and infrastructure obligations. A new Office of AI will coordinate implementation ahead of National Cabinet consideration and planned legislation next year. Although crypto mining is not specifically targeted, businesses combining AI and digital asset infrastructure could still be affected. The Australian Government has unveiled a regulatory framework that will impose mandatory standards on large AI data centres, replacing earlier voluntary expectations with legally enforceable requirements. The framework is designed to create a simpler and more consistent approval process for large AI infrastructure while encouraging investment…

Crypto assets under management fell sharply, but BlackRock maintained its long-term revenue ambitions for digital asset businesses. The firm plans to expand tokenised investment products and enable investors to access them directly through digital wallets using stablecoins. Strong performance across ETFs and other investment businesses offset weaker crypto results, helping lift BlackRock’s share price. BlackRock has reaffirmed its long-term commitment to digital assets and blockchain technology despite a sharp decline in the value of its crypto assets under management during the second quarter. The company said tokenisation, stablecoins and blockchain remain central to its future growth strategy. Digital assets under…

A $288 million Coinbase Prime transfer has put the U.S. government’s crypto rules under an early operational test.U.S. government-tagged wallets sent 3,941 BTC and 30,007 ETH to Coinbase Prime over roughly eight hours, according to Lookonchain. Arkham placed the combined value at about $288.33 million.Notably, Coinbase Prime hosts more than one kind of government activity. Coinbase announced in July 2024 that the U.S. Marshals Service selected Prime for custody and advanced trading services covering large-cap digital assets. The service’s dual role leaves custody consolidation, asset administration and authorized disposal as distinct operational possibilities. Related ReadingSecurity of the US government’s $28B…

In June, Morgan Stanley received preliminary conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank for digital assets.The OCC decision opened a path for Morgan Stanley Digital Trust to bring custody, transaction administration, fiduciary staking, and collateral support inside the firm.The proposed subsidiary would serve Morgan Stanley Wealth Management clients. Its public application presents it as a wholly owned national trust bank, giving the firm a regulated vehicle for functions that separate specialist providers have often handled.The OCC’s application record classifies the filing as a new bank charter under a holding company with…

New York has become the first US state to impose a statewide moratorium on large new data centers, creating an early regulatory test for Bitcoin miners that are rebuilding their businesses around artificial intelligence.On July 14, Gov. Kathy Hochul signed an executive order directing state regulators to pause incomplete permit applications for new or expanding data centers capable of consuming at least 50 megawatts of power. The temporary halt will remain in effect while officials study the projects’ effects on electricity demand, water supplies, air quality, noise, and surrounding communities.Applications declared complete before the order can continue, while local permits…

CleanSpark has signed a 20-year AI infrastructure lease, but still needs to finance an estimated $1.75 billion to $2.10 billion data center build.The Bitcoin miner and data center developer entered a 20-year triple-net lease for 175 megawatts of critical IT load at its Sandersville, Georgia, campus on July 10. CleanSpark disclosed the agreement in a Form 8-K on July 14 and estimates that the initial term will have a contract value of $6.6 billion and contribute about $330 million in average annual net operating income.CleanSpark’s estimate of $10 million to $12 million in landlord project costs per MW implies a…

BitMine’s push to turn one of the world’s largest corporate Ethereum holdings into a source of recurring income generated nearly $46 million from staking last quarter.Yet a $92.1 million options loss overwhelmed those gains, while rising treasury costs and aggressive share issuance further weakened the economics for existing shareholders.For the fiscal third quarter ended May 31, the firm reported that revenue surged to $46.5 million from $2.1 million in the same period a year earlier. Approximately 98%, or $45.7 million, came from staking and validation as BitMine accelerated its shift away from Bitcoin mining and toward an Ethereum-focused treasury model.Despite…

According to online chatter, you’d be mistaken to think that Sony will soon let PlayStation users buy games using a Sony-issued cryptocurrency. However, the crypto community may be getting ahead of itself.On July 2, the Office of the Comptroller of the Currency granted preliminary conditional approval for a proposed Sony Bank-owned trust bank called Connectia Trust. Neither that decision nor Sony Bank’s announcement names PlayStation, the PlayStation Store, or game purchases.The approval simply outlines a financial-services structure that could support payments on Sony properties in the future, but a PlayStation product is not part of the public record.What Sony has…