Author: John Smith

RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic. Summary JPMorgan raised its RIOT target from $20 to $22 and retained an Overweight rating. Riot’s 20-year data center contract is expected to generate $9.1 billion in revenue. Morgan Stanley separately increased its RIOT target from $36 to $43. RIOT faces resistance at $20.48, while its main 4-hour support sits near $18.50. JPMorgan sees momentum building at Riot Platforms On Aug. 1, JPMorgan had increased its price target for Riot Platforms…

OpenAI has signed a 20-year lease for 4.25 gigawatts of initial AI capacity at an Ohio data center supported by up to $105 billion in guarantees from Nvidia. Summary OpenAI’s lease at the PORTS-Pike campus is expected to begin in phases in 2028. Nvidia has capped its initial guarantee obligations at a combined $105 billion. SB Energy will build, own, and operate the Pike County data center. Nvidia will invest $1.5 billion in SB Energy and provide the campus’s AI systems. Nvidia’s Aug. 17 announcement said OpenAI will use the PORTS-Pike Technology Campus in Pike County, where SB Energy will…

Strategy has raised $333.7 million through common stock sales without buying or selling Bitcoin last week, leaving its holdings unchanged at 840,447 BTC. Summary Strategy raised $333.7 million from MSTR stock sales between Aug. 10 and Aug. 16. The company made no Bitcoin purchases or sales, keeping its holdings at 840,447 BTC. Strategy spent $132.2 million repurchasing STRC shares and $52.4 million on STRC dividends. Another $149.1 million was added to its U.S. dollar reserve, taking the total to $4.80 billion. According to a Form 8-K filed with the U.S. Securities and Exchange Commission on Aug. 17, Strategy sold 3.46…

Tudor Investment has increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter, ending a year-long run of reductions while cutting most of its reported call-option exposure to the fund. Summary Tudor Investment increased its BlackRock Bitcoin ETF stake by 18.9% in the second quarter. The hedge fund added 109,446 IBIT shares, taking its total holding to 688,529 shares worth about $22.9 million. Tudor cut its reported IBIT call options by about 85% while its put position remained roughly unchanged. The purchase ended a year-long run of reductions from Tudor’s late 2024 peak of more than 8 million…

Binance cofounder Changpeng “CZ” Zhao said Trust Wallet could make its existing Ignore coins feature easier to access after unsolicited meme tokens complicated management of his public wallet. Summary CZ said Trust Wallet already offers an Ignore coins feature, but access requires five steps. Zhao reversed his earlier view after users said hiding unsolicited tokens provides practical wallet management. Trust Wallet has not publicly announced a release date or confirmed specific interface changes yet. Public addresses can receive tokens without permission, while wallet applications can only hide their display. CZ retired his closely watched public wallet after unsolicited meme coins…

Duquesne Family Office has disclosed a $23 million position in Hyperliquid Strategies Inc., giving Stanley Druckenmiller’s investment office indirect exposure to HYPE through the Nasdaq-listed digital asset treasury company. Summary Duquesne Family Office disclosed a new $23 million stake in Hyperliquid Strategies. The Nasdaq listed company holds millions of HYPE tokens as part of its digital asset treasury strategy. Duquesne’s former partner Kevin Warsh became Federal Reserve chairman in May 2026. Warsh disclosed more than $100 million in assets before his confirmation. The SEC filing for the second quarter of 2026 showed Duquesne held shares of Hyperliquid Strategies, which trades…

Apple has patched a critical macOS Screen Sharing vulnerability after attackers exploited internet-facing Macs to gain root access and install Monero mining software, according to an updated warning from the Netherlands’ National Cyber Security Centre. Summary Apple patched CVE-2026-65400 after attackers exploited Mac Screen Sharing services to install Monero miners remotely. Dutch cybersecurity officials confirmed compromised Macs had root access and unauthorized Monero mining software installed. CISA now scores the authentication flaw 9.8 critical, up from its earlier 7.1 assessment overall. Huntress found tens of thousands of potentially exposed Macs, especially internet-hosted bare-metal Apple systems worldwide. Changing Screen Sharing passwords…

Harvard Management Company kept its position in BlackRock’s iShares Bitcoin Trust unchanged during the second quarter, ending two consecutive quarters of reductions in its publicly disclosed Bitcoin exposure.  Summary Harvard held 3,044,612 IBIT shares worth $101.4 million at June 30, unchanged from March quarter-end. Harvard previously cut its IBIT share count 43% during first quarter after trimming fourth-quarter exposure. Mubadala and Abu Dhabi Investment Council retained 22.9 million combined IBIT shares throughout second quarter. JPMorgan increased reported IBIT holdings while Morgan Stanley reduced its reported share count during Q2. Harvard held $171.2 million in gold ETFs, exceeding its $101.4 million…

An unnamed XRP Ledger startup being developed by former Ripple staffer Bias Goose will use RLUSD as a primary financial rail, according to a series of public posts published since Aug. 8.  Summary RLUSD will underpin the unnamed XRP Ledger startup, according to former Ripple staffer Bias Goose. Bias Goose says the project will avoid issuing its own token or using artificial incentives. Bias Goose first teased the unnamed XRP Ledger startup on August 8, targeting roughly September. Ripple reported nearly $1.6 billion of RLUSD circulating on August 6 against larger reserve assets. Project claims of yields above Treasury rates…

Binance has extended its rewards push around Ripple USD with another four-week campaign offering one million XRP to eligible RLUSD holders.  Summary Binance extended its RLUSD rewards campaign through September 11 with one million XRP available overall. Eligible users need at least 0.01 RLUSD and $500 in average daily derivatives trading volume. One million XRP will be distributed across four weekly installments beginning August 21 to participants. Borrowed stablecoin-funded RLUSD receives a 60% haircut when Binance calculates qualifying margin balances for rewards. Ripple officially reported $1.59 billion of RLUSD circulating against $1.70 billion in reserve funds recently. The new campaign…