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Category Institutional Investors News

Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers

Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers

In Brief Quantum Solutions raised its ETH sale cap from 1,875 to 4,375 tokens. Subsidiary GPT Pals Studio sold 1,000 ETH at $1,903 on July 30. Pro...
SK Hynix’s Record Profit Still Trails What Analysts Wanted to See

SK Hynix’s Record Profit Still Trails What Analysts Wanted to See

In Brief SK Hynix posted record Q2 revenue of 79.32 trillion won, missing estimates. Operating profit rose 557% to 60.54 trillion won, below the 6...
Bitmine Stock Pops 13% as ETH Treasury Bet Pays Off on Wall Street

Bitmine Stock Pops 13% as ETH Treasury Bet Pays Off on Wall Street

In Brief Bitmine (BMNR) stock popped 13% after its Ethereum treasury update. The firm now holds 4.8% of Ethereum's total circulating supply. BitMi...
Uber Cuts 10% of Customer Service Staff in AI Efficiency Push

Uber Cuts 10% of Customer Service Staff in AI Efficiency Push

In Brief Uber cut 10% of customer service staff to embrace AI. It marks Uber's first layoff tied directly to AI efficiency. AI drove more than 100...
Wall Street New Crypto Benchmark Has One Surprise: No Bitcoin

Wall Street New Crypto Benchmark Has One Surprise: No Bitcoin

In Brief S&P Dow Jones and Pantera launched an 18-token index of revenue-earning cryptos. Ether, BNB, Solana, TRON, and Hyperliquid hold the bigge...