Strategy responds to reports that it may face removal from MSCI indices: Bitcoin does not need MSCI, and neither does Strategy.

SpaceX has completed the $60 billion acquisition of AI coding startup Cursor, a key step for Elon Musk to catch up with rivals Anthropic and OpenAI in the AI space. According to regulatory filings, the deal took effect on August 14, two months after SpaceX officially announced the acquisition agreement. The purchase ranks among the largest tech transactions in history, intended to help Musk’s company accelerate development of more advanced AI tools that simplify tasks including coding—a highly profitable segment of the AI market. Musk’s AI venture, now rebranded as SpaceXAI, had limited commercial traction before and went through a series of layoffs and restructuring. Cursor’s AI assistant launched in 2023, designed to help programmers write and debug code more efficiently. It has emerged as one of the fastest-growing startups ever and played a core role in the tech “generative coding” era, when software developers’ demand for tools that can build based on chatbot prompts surged. (Jinshi)

Netflix announced that the drama series *The Altruists*—inspired by the rise and fall of FTX founder Sam Bankman-Fried (SBF) and former Alameda Research CEO Caroline Ellison—will premiere on November 19, with its first official stills released. The 8-episode series casts Anthony Boyle as SBF and Julia Garner as Caroline Ellison. Netflix’s synopsis notes the show follows two young idealists who set out to rapidly reshape the global financial system, only to face accusations of stealing $8 billion before ultimately tumbling from the pinnacle of financial power. Created by Graham Moore, *The Altruists* draws inspiration from reporting by New York Magazine journalists Kevin T. Dugan and Jen Wieczner. Barack Obama and Michelle Obama also serve as executive producers.

A wallet linked to Monetalis deposited 3.72M $UNI ($13M) into #Binance, #Coinbase, #Bybit, and #OKX through Cumberland over the past 24 hours.

Market pricing shows that the probability of the Federal Reserve raising interest rates more than once before mid-2027 has decreased. (Jinshi)

SpaceX has completed its acquisition of Cursor, with the merger taking effect on August 14.

K33 Research Head Vetle Lunde stated that as of the end of H1 2026, Norway’s sovereign wealth fund’s indirect Bitcoin exposure—via holdings in stocks of companies including Strategy, Metaplanet, MARA, Coinbase, Block, and Tesla—rose to a record high of 11,549 BTC, worth approximately $725 million. This exposure increased by 21.2% in the first half of the year and 60.5% over the past 12 months, marking its sixth consecutive reporting period of growth. Strategy accounts for nearly 86% of the fund’s indirect Bitcoin exposure, equivalent to around 9,914 BTC. As of June 30, the fund held approximately 1.17% of Strategy’s shares, valued at $357.3 million at the time. Metaplanet corresponds to 671 BTC, MARA to 421 BTC, and Coinbase, Block, and Tesla to 183 BTC, 120 BTC, and 97 BTC respectively. K33 noted that this exposure is likely not the result of the fund’s active Bitcoin allocation, but rather an indirect effect of its widely diversified portfolio. Currently, the relevant Bitcoin exposure accounts for about 0.03% of the fund’s total assets. Additionally, the fund obtained indirect Ethereum exposure for the first time via Ethereum treasury company BitMine. As of June 30, it held 6.15 million shares of BitMine, valued at $88.3 million, accounting for around 1.16% of the company’s shares; based on BitMine’s current ETH holdings, this translates to an indirect exposure of approximately 67,340 ETH.