Strive Stock Soars After 1,110 Bitcoin Buy

Strive, Inc. bought 1,110 bitcoin last week, the Dallas-based companys largest single-week purchase in months, lifting its treasury to 21,356 coins, according to Monday filing.  The companys stock (Nasdaq: ASST) soared following the news, with shares trading over 7% higher on Monday. Strive is an asset manager which rebranded in 2025 as the first publicly traded asset-management bitcoin treasury company. In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another publicly traded Bitcoin treasury company.  An 8-K filing with the Securities and Exchange Commission revealed Strive made the buys from August 17 through August 21 at an average price of about $73,409 per bitcoin, including fees and expenses, for a total near $81.5 million.  The buy raised Strives holdings roughly 5.5% from the 20,246 coins it reported in mid-August, and it lands at prices well above the low-$60,000 range the firm paid through most of the summer.  Strive funded the purchase with proceeds from at-the-market offerings of its ASST and SATA shares. Cash and cash equivalents stood at $171.9 million, up from the $154.1 million the company reported in July.  A faster pace as prices climb  Monday‘s filing marks

2 دن پہلےانڈسٹری

Term Finance Loses $8.5M In Governance Exploit

Ethereum lending platform Term Finance has lost an estimated $8.5 million after an attacker seemingly acquired enough governance voting power to take control of some of its lending vaults, CoinDesk reported.  How the exploit unfolded  The attacker removed roughly 2,843 ether, worth about $6.9 million at the time, and 1.68 million USDC, draining around 68% of the assets held in Term‘s Meta Vaults. The vaults held about $12.45 million before the attack, according to DefiLlama data, and nearly all of the ether deposited in the product was taken. The Meta Vaults sat on top of Term’s broader lending platform, which the company said was not affected by the incident.  A governance weak point  The unusual element is how access was gained. Onchain monitoring service Defimon said the attacker cheaply acquired a majority of the project‘s sparsely held governance token, then allegedly used that voting power to pass proposals giving it control of the vaults. Term has not confirmed how majority control was obtained or exactly which governance functions were used. The incident sits in a grey area: while the transactions were valid under the protocol’s code, authorities could still treat the conduct as an exploit or misappropriation rather than ordinary governance.  Discover more  Merchant Services &

2 دن پہلےانڈسٹری

Nvidia's Perplexity talks add another customer to its circular financing problem

Nvidia has started discussions to invest in Perplexitys next funding round at a valuation of over $30 billion, according to a report from The Information.  The deal would boost the valuation of the AI search startup by more than 50% in a year. It would also provide another Nvidia-backed customer with fresh capital.  The talks surfaced on Sunday, sourced to people familiar with the discussions.  Perplexity revenue triples while its valuation climbs past $30B  The proposed round would value Perplexity at more than $30 billion, up from its $20 billion valuation last September. That is an increase of more than 50% in about a year.  Discover more  Brokerages & Day Trading  NEWS  exchange-traded funds  Nvidia is pondering whether to join. Both Nvidia and Perplexity declined to comment or did not respond to requests for comment.  Perplexity‘s investors include Amazon founder Jeff Bezos and Japan’s SoftBank Group.  The companys annualized revenue has grown to over $750 million from less than $250 million at the beginning of the year, tripling in about eight months.  Perplexity Computer sells to professionals to automate tasks on their machines. The growing demand for AI search and autonomous agents is feeding investors appetite.  Perplexity is aiming to go public in 2028, a timeline CEO Aravind Srinivas detailed in a June

2 دن پہلےانڈسٹری

NVIDIA Groq 3 LPX Achieves Full Production for Agentic AI

Caroline Bishop  Aug 24, 2026 16:01  NVIDIAs Groq 3 LPX and Vera Rubin NVL72 enhance AI inference with faster token generation and lower costs, reshaping agentic AI infrastructure.  NVIDIA announced on August 24 that its Groq 3 LPX inference accelerator is now in full production, marking a significant step in supporting the next generation of agentic AI systems. Groq 3 LPX, designed to complement NVIDIAs Vera Rubin NVL72 AI platform, delivers industry-leading token generation speeds—crucial for applications requiring real-time responsiveness.  In a benchmark test using Gemma 4 31B, an open-source agentic AI model, Groq 3 LPX produced 3,400 output tokens per second for long-context use cases, a fourfold improvement over competing platforms. This performance positions NVIDIA to address the growing demand for faster AI inference as the industry shifts from model training to large-scale reasoning and multi-agent systems.  AI Factories Demand Infrastructure Evolution  Agentic AI systems are reshaping the AI market by requiring extensive context windows, high token throughput, and low latency for real-time decision-making. NVIDIAs Vera Rubin NVL72 platform integrates CPUs, GPUs, and NVLink networking into a unified system, offering a scalable solution for these workloads. By enabling lower token costs and higher efficiency, the platform is designed to meet the needs of hyperscale AI

2 دن پہلےانڈسٹری

Health Insurer Stocks Are Soaring As Companies Get A Handle On Costs

In this photo, traders work under monitors displaying CVS Health Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Oct. 27, 2017. CVS is the parent of Aetna, the nations third largest health insurance company. Photographer: Michael Nagle/Bloomberg  © 2017 Bloomberg Finance LP  Following a parade of health insurance company earnings reports this summer, stocks are rising and costs appear to be under control for now.  Take UnitedHealth Group, parent of the nation‘s largest health insurer in UnitedHealthcare, reported more than $5 billion in second quarter net income. That came during a period this year when UnitedHealthcare’s medical care ratio continued to fall.  “The second quarter 2026 medical care ratio was 86.7% compared to 89.4% in the second quarter 2025,” the company said of the ratio, which is the percentage of premium revenue that goes toward medical costs. “The year-over-year decrease was driven by benefit design and pricing discipline, member mix and medical cost management initiatives.”  The price of UnitedHealth shares have been flirting with $400 this week, which is up more than 30% compared to a year ago. The price of shares of CVS Health, too, which owns the giant health insurer Aetna, are up

2 دن پہلےانڈسٹری

Strive Bitcoin Treasury Reaches 21,356 BTC After New Purchase

TLDR:The Strive Bitcoin treasury reached 21,356 BTC after the company bought 1,110 coins for $81.5 million at an average $73,409.Cash increased to $171.9 million during the purchase week, showing Strive continued raising capital while expanding its Bitcoin balance.Class A shares rose by 3.65 million, making Bitcoin growth per diluted share the key measure for assessing treasury execution.Bitcoin reclaimed the 1,130-day moving average above $74,000, although continued support and spot demand remain necessary for confirmation.  Strive expanded its Bitcoin position after buying 1,110 BTC for about $81.5 million between August 17 and August 21. The Strive Bitcoin treasury now holds 21,356 BTC, up from 20,246 BTC one week earlier. The company paid an average $73,409 per coin, including fees and expenses, its latest SEC filing shows.  Meanwhile, Bitcoin traded near $79,400 on Monday after approaching $80,000, according to Coingecko data. That price placed the new coins above their reported acquisition cost. The purchase arrived after Bitcoin reclaimed a watched long-term moving average.  Bitcoin (BTC) PriceStrive Bitcoin Treasury Expands With 1,110 BTC Purchase  Strive funded the latest acquisition while its cash balance increased. Cash and equivalents rose from $154.8 million on August 14 to $171.9 million on August 21. The change suggests capital raising outpaced spending

2 دن پہلےانڈسٹری

PLTR Price Prediction: AI Revenue Monster Hits a Wall at $182 — Breakout or Bull Trap?

Rebeca Moen  Aug 24, 2026 10:44  PLTR is trading at $178.96 on Binance with momentum stalling dead center beneath $180.74 resistance; a clean break above $182.53 opens a run toward $190–$195, but with 67% of both retail and smart …  PLTRs Technical Reality Check  The chart is telling a story that the bulls dont want to hear right now. PLTR is trading at $178.96, sitting roughly $1.10 above its pivot point of $179.65 — which means its barely clinging to neutral territory. The moving average stack is structurally bullish, no question: price is running well above its 7-day, 20-day, and 50-day SMAs ($177.23, $173.23, and $147.16 respectively), a configuration that screams sustained accumulation over the prior months. The 30-point premium over the 50-day SMA alone is a testament to how aggressively this name has repriced in 2026.  But zoom in to the near-term, and the tape is flashing yellow. Momentum has gone flat — the MACD and its signal line have converged to near-identical readings with a histogram printing at zero. That‘s not a bullish signal; that’s a market holding its breath. The RSI at 67.80 keeps PLTR out of the overbought danger zone for now, but it‘s close enough to 70 that any fresh

2 دن پہلےانڈسٹری

Bitmine (BMNR) Stock: Surge 8% as Ethereum Holdings Hit 5.85 Million After Buying 32,447 ETH

TLDRBMNR jumps 8% as Bitmine raises Ethereum holdings to 5.85 million after latest buyBitmine adds 32,447 ETH and moves closer to controlling 5% of Ethereum supplyBitmine stakes over 5 million ETH as its expanding treasury strategy gains scaleEthereum‘s 30% weekly surge boosts the value of Bitmine’s massive crypto treasuryBitmine keeps its lead as the largest public Ethereum treasury after another buy  Bitmine Immersion Technologies (BMNR) shares rose 8.26% to $24.72 after the company reported another major expansion of its Ethereum treasury. The company added 32,447 ETH last week and lifted total Ethereum holdings to 5,847,611 tokens. The latest purchase moved Bitmine closer to its target of controlling 5% of Ethereums circulating supply.  Bitmine Immersion Technologies, Inc., BMNR  Bitmine valued its crypto assets, cash, marketable securities, and strategic holdings at about $14.9 billion on August 23. Its portfolio also included 210 Bitcoin, $308 million in cash and marketable securities, and two strategic equity positions. Those positions included a $180 million stake in Beast Industries and an $89 million investment in Eightco Holdings.  Discover more  exchange-traded funds  News  Finance  The company currently controls about 4.8% of Ethereums estimated 120.7 million token supply. Reaching the 5% threshold would require about 6.04 million ETH at the current supply level. Therefore, Bitmine remains

2 دن پہلےانڈسٹری

HOOD Price Prediction: Tokenized Stock at a Crossroads — $120 or $100 Before September?

Darius Baruo  Aug 24, 2026 10:39  Trading at $107.38 on Binance with momentum stalling just below the Bollinger upper band, HOODs tokenized stock faces a binary near-term setup: break $111.49 strong resistance and chase the Wall S…  Market Context: Why HOOD is Moving Now  Robinhood just printed one of the cleanest quarters in its history and the stock initially got punished for it — that tells you everything about the current sentiment environment. Q2 2026 revenue came in at $1.31 billion, up 32.3% year over year, with EPS of $0.62 smashing the $0.44 consensus by nearly 41%. Net income surged 48% to $573 million. Net deposits hit a record $22 billion, and the company now operates 13 distinct business linesgenerating over $100 million in annualized revenue each. This isn‘t a meme broker anymore — it’s a diversified fintech platform scaling at Rule of 80+ efficiency.  What‘s driving the narrative right now is HOOD’s dual identity: a traditional fintech company being repriced by Wall Street and a tokenized Real World Asset (RWA) traded 24/7 on Binance. That second angle is critical. Robinhood Chain — CEO Vlad Tenev‘s DeFi infrastructure play — has already processed over 150 million transactions and recorded over $12 billion in decentralized exchange

2 دن پہلےانڈسٹری

Zcash price hits 8-year high before retreating below $820

Zcash price surged more than 70% over the past week to an eight-year high near $885 before retreating below $820, as Grayscales ETF conversion plan and an NU7 governance vote drew traders toward ZEC.  SummaryZEC reached its highest price since 2018 after breaking above the major $750 resistance level.Grayscales amended filing seeks to convert its Zcash Trust into an NYSE Arca-listed spot ETF.NU7 voting eligibility was determined by the shielded ZEC held during an August 24 network snapshot.Technical charts show support near $812 and $750, while $875 remains the immediate resistance.  Zcash price pulls back after reaching $885  According to data from crypto.news, Zcash (ZEC) price traded near $820 at the time of writing after reaching approximately $885 earlier in the session, according to exchange data. The privacy coin gained more than 70% during the past seven days and reached its highest level since 2018.  The rally accelerated after ZEC cleared $562.50, which marked the upper boundary of its previous trading range on the daily chart. Buyers then pushed through successive levels at $625, $687.50, and $750.  ZEC moved as much as 77% above its August consolidation area near $500 before sellers emerged around $875. Its daily candle subsequently fell about 4%, with the price

2 دن پہلےانڈسٹری
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