Gemini Space Station (GEMI) inventory slid 7% to $4.00 in after-hours buying and selling Thursday after the crypto trade reported a second-quarter internet lack of $107.7 million. The loss got here in 19% smaller than a yr earlier, and income climbed 37% to $45.5 million. Even so, a fraud cost and thinner buying and selling…
KPMG U.S. has issued an unqualified opinion on Tether’s 2025 monetary statements, the primary full audit in the stablecoin issuer’s historical past. The audited accounts present reserves exceeding liabilities by $6.814 billion as of Dec. 31, 2025. Tether’s personal most up-to-date quarterly report places that buffer at $4.11 billion. What KPMG Actually Signed Off On…
Hyperion DeFi reported a file revenue of $31.0 million for the second quarter of 2026, almost quadruple the $8.8 million it booked three months earlier. Gains from the corporate’s Hyperliquid (HYPE) treasury accounted for nearly all of that determine. The Nasdaq-listed firm sits in uncommon territory. Most digital asset treasury (DAT) corporations booked heavy losses…
Forward Industries (FWDI) booked a $69 million web loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed firm nonetheless grew the asset behind the loss. Its Solana stack grew to greater than 7.55 million SOL by June 30, and SOL per share climbed 9% from…
H100 Group AB (H100) tripled its Bitcoin (BTC) treasury to 3,506 cash this week by absorbing one other firm’s Bitcoin holdings, thereby turning into Europe’s second-largest public holder. The firm funded the deal solely with new inventory. The transfer comes whereas a number of public companies offered or exited their BTC positions. H100 Expands Bitcoin…
Trump Media & Technology Group (DJT) posted a $238.1 million internet loss for the second quarter of 2026, with unrealized markdowns on its crypto and fairness holdings accounting for many of the shortfall. The Truth Social mum or dad narrowed its deficit from the $405.9 million loss recorded within the first quarter. Non-cash gadgets once…
OpenAI used its personal money, not exterior traders, to purchase again roughly $7 billion in worker shares, in line with Bloomberg. The deal holds the corporate’s valuation flat at $852 billion forward of a attainable inventory market itemizing. OpenAI Breaks From Its Own Pattern A young supply lets an organization or investor purchase again present…
MicroStrategy (now Strategy) disclosed one other Bitcoin (BTC) sale on Monday, offloading 1,690 BTC for $108.6 million. Every greenback went into buybacks of its STRC most popular inventory. The firm nonetheless holds 840,447 BTC, the most important company Bitcoin treasury. However, it now sells cash beneath price to restore a most popular inventory that won’t…
Crypto mergers and acquisitions (M&A) reached a document $9.66 billion in disclosed worth within the first half of 2026, even because the variety of introduced offers fell 25% to 87. The discovering comes from CryptoRank Research, which tracked 87 acquisition bulletins between January and June. Disclosed worth rose 223% from the second half of 2025,…
Three crypto firms, Bitdeer (BTDR), Forward Industries (FWDI), and Bit Digital (BTBT), report quarterly earnings this week, every coming off 1 / 4 deep within the pink. The three prints span publicity to main tokens, together with Bitcoin (BTC), Solana (SOL), and Ethereum (ETH). All three belongings fell final quarter, seemingly driving heavy paper losses….