News & Research

Skycorp Solar Group, a Nasdaq-listed solar energy company (ticker: PN), announced it will begin accepting Bitcoin (BTC), Ethereum (ETH), USDC and USDT for international transactions starting Aug. 1. The company also plans to invest part of its cash and renewable energy returns into Ethereum as part of its long-term strategy.

DeFi App DAO announced on X that proposal DIP-004 was approved, directing 80% of the protocol’s revenue toward buybacks of its governance token, HOME. The move formalizes a feedback loop where trading activity generates revenue, which is then used to strengthen the token through buybacks.

Soluna Holdings, a developer of Bitcoin mining and AI-focused data centers, raised $20 million from Spring Lane Capital to fund a 35 MW expansion of its Project Kati Bitcoin hosting facility in Texas, according to Business Wire. Construction is set to start in Q3 2025, with operations expected by Q1 2026. The project will house about 12,000 next-generation mining rigs and builds on Soluna’s ongoing partnership with Spring Lane Capital.

Nano Labs Ltd, a Nasdaq-listed Web 3.0 infrastructure provider, announced it has increased its BNB holdings to 120,000 tokens, worth approximately $90 million, as part of its strategic reserve plan, according to Globe Newswire press release.

Kitabo Co, a Japanese textile materials company, announced plans to purchase ¥800 million ($5.4 million) worth of Bitcoin as part of its new treasury strategy, according to @btcNLNico on X.

U.S. Treasury Secretary Scott Besent said talks with China over the Aug. 12 tariff deadline will take place July 28 and July 29, and an extension of the truce is likely, according to Walter Bloomberg on X.

UK digital asset exchange Archax is acquiring Germany’s Deutsche Digital Assets, a $70 million crypto ETP manager, gaining BaFin licenses for portfolio management and investment advisory, according to CoinDesk. The deal strengthens Archax’s presence across the UK, Germany, France and Spain as demand for regulated digital assets grows.

An anonymous whale has deposited an additional 300 BTC, worth $35.61 million, into Binance Exchange, bringing its total holdings to 800 BTC valued at $95 million. According to Onchain Lens on X, the whale has made a profit of $93.33 million.

AI-driven education company Genius Group doubled its Bitcoin (BTC) holdings to 200 BTC in July, buying 20 BTC at a discount as part of its goal to reach 10,000 BTC in two years, according to Cointelegraph. The company is also expanding blockchain education initiatives, developing tokenized rewards and stablecoins and pursuing U.S. licenses under the GENIUS Act to support its crypto strategy.

Prominent NFT whale Machi Big Brother is facing a floating loss of $3.86 million on his PUMP (5x) long position as the token fell below its sale price. According to OnchainLens on X, he also holds ETH (25x) and HYPE (5x) long positions, with a total floating loss of $2.3 million.