The world's largest corporate holder of bitcoin has extended its purchasing pause while growing its USD reserves and watching its digital asset position return to profit.

Oxford Economics projects that US corporate spending on AI hardware and infrastructure will grow by 40% by the end of next year, outpacing European projections significantly.

Bitcoin trades between $77,000 and $78,000 as markets await Federal Reserve Chair Kevin Warsh's upcoming speech at the Jackson Hole Symposium.

PENGU rallied roughly 62% over a week, driven by speculation surrounding CEO Luca Netz's stated ambition to take the company public by 2027.

Abraxas Capital has established a $783 million short position on Hyperliquid as bitcoin trades near $77,500 following a strong weekly surge.

Bitcoin closes above its 50-week exponential moving average for the first time since November 2025, reaching its highest level since mid-May amid a strong August rally and surging ETF netflows.

Ripple's XRP has surged roughly 50% over the past week, prompting varied technical outlooks from analysts regarding its next potential price movements.

Digital Currency X shareholders are scheduled to vote on a 160-for-1 share consolidation on September 3, marking the company's second reverse split of the year.

Bitcoin has rallied 22% over the past week to trade around $77,800, with analysts identifying $80,000 as a key resistance level ahead of the Jackson Hole symposium.

Self-custody wallet Phantom has announced it will end support for the Sui Network, requiring users to migrate or convert their assets.