Crypto
crypto
Yaël Bizouati-Kennedy
8/5/25

Galaxy shares tumble following Q2 earnings miss

Galaxy Digital Holdings’ shares slumped over 8% this morning, following misses on both revenue and earnings per share in its second-quarter earnings.

The company reported EPS of $0.08, compared to analysts’ consensus of $0.18. Revenue was at $9.1 billion, well below consensus estimates for $13.9 billion.

Digital asset trading volumes also declined 22% quarter over quarter, “primarily due to reduced spot trading activity,” the company said in the earnings report.  

Galaxy Digital said it “expects to begin generating Data Centers revenue in the first half of 2026, when it starts delivering critical IT capacity to CoreWeave under Phase I of its lease agreement.”  

In April, CoreWeave announced a deal with Galaxy, under which Galaxy will host “additional artificial intelligence and high-performance computing infrastructure at Helios Data Center Campus.”

Galaxy, the eighth-largest bitcoin corporate holder, added 4,272 bitcoin in Q2, bringing its total holdings to 17,102 tokens.

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Sage D. Young
9/8/25
Largest ethereum treasury, BitMine, invests $20 million into the first worldcoin treasury firm

In addition to BitMine’s investment, Eightco plans to use proceeds from a $250 million private placement to stockpile worldcoin.

ARGENTINA-ECONOMY-TECHNOLOGY-CRYPTO
Yaël Bizouati-Kennedy
9/8/25
Forward Industries raises $1.65 billion for solana treasury

Treasury companies collectively hold 4.67 million solana tokens

Smiling Sun
Heart

Solana getting “new heart” in biggest upgrade ever

The Alpenglow upgrade revamps solana’s consensus engine to decrease transaction finality from 12.8 seconds to 150 milliseconds, bringing the blockchain network closer to its goal of being an on-chain Nasdaq.

Sage D. Young9/8/25
Sage D. Young
9/5/25
Donald Trump Jr.-backed Thumzup Media entering dogecoin mining game in a big way

Thumzup estimates its planned 3,500 dogecoin mining rigs will fetch $22.7 million in annual revenue.

Shiba Inu
Yaël Bizouati-Kennedy
9/5/25
Sora aims to buy $1 billion in bitcoin in the next six months

Japanese company Metaplanet already holds over $2 billion in bitcoin.

Price Of Bitcoin Reaches New High, As Inflation Rises At Level Not Seen In 30 Years

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