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HIVE Digital signs five-year, $350 million AI cloud computing contract, accelerating its transition to GPU cloud business.

1 hours ago

According to market data from BIT (bit.com), U.S. pre-market trading saw Bitcoin mining firm HIVE Digital jump 8.85%, with its stock priced at $2.93. HIVE Digital’s subsidiary BUZZ High Performance Computing (BUZZ HPC) announced the signing of a five-year GPU cloud services agreement, with a total contract value of roughly $350 million, translating to annual revenue of about $70 million. This marks HIVE’s second large GPU cluster deal in two months; upon completion, BUZZ HPC’s total annual revenue will hit approximately $180 million, including $35 million already realized and $145 million set to roll out gradually in the fourth quarter of 2026. The deployment will leverage NVIDIA’s reference architecture, building a dedicated cluster comprising 2,016 NVIDIA Blackwell Ultra GPUs, configured with GB300 NVL72 rack systems, Quantum-X800 InfiniBand networking, and VAST Data storage. The cluster is scheduled to launch later this year at Bell AI Fabric facilities in Merritt, British Columbia, which run on renewable hydroelectric power and closed-loop liquid cooling. The deployment requires around $185 million in capital expenditure. Once the cluster is delivered, HIVE forecasts daily revenue from its HPC/AI operations to reach roughly $500,000.

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Iranian officials: Decision to shift policy from defensive to "full offensive"

Senior Iranian officials have announced that Iran has decided to shift its policy from defensive to an all-out offensive. Additionally, in an interview today, former US President Donald Trump stated there is no timeline for ending the war with Iran, he is in no hurry, and demanded Iran "raise the white flag and surrender". Trump also noted that his considerations on resolving the war issue are "unrelated to the US midterm elections".

3 minutes ago

Hyperliquid backs the SEC’s repeal of the trade-through rule, calling for the establishment of best execution guidelines for on-chain markets.

In June, the U.S. Securities and Exchange Commission (SEC) proposed repealing Rule 611 (the trade-through rule), a core provision of Regulation NMS (Reg NMS), as well as the ban on locked or crossed quotes, arguing that order processing should be governed by market competition and brokers’ best execution obligations. HPC (Hyperliquid Policy Center) and Douro Labs (a core contributor to the Pyth Network) jointly submitted a comment letter backing the proposal, urging the SEC to provide principle-based best execution guidance for on-chain markets. The letter noted that Rule 611 is premised on all venues pre-disclosing quotes and having a central information processing system aggregate them into the National Best Bid and Offer (NBBO), a framework fundamentally incompatible with how on-chain transactions actually operate. Automated Market Maker (AMM)-type venues do not pre-disclose quotes, with prices determined in real time during trades based on liquidity pools; on-chain order books, meanwhile, operate entirely outside of centralized quote systems. It also called on the SEC to confirm that tokenized Reg NMS stocks remain subject to Reg NMS’s investor protection framework, adding that protections should not vary based on the settlement ledger used. Repealing Rule 611 would allow market structure to evolve through competition rather than regulatory design, and the letter recommended that when the NBBO is missing or does not reflect on-chain conditions, independent reference prices based on transparent, manipulation-resistant methodologies be recognized.

3 minutes ago

BitMine added 9,926 ETH to its holdings last week, lifting its total ETH holdings to approximately 5.815 million.

BitMine, the largest Ethereum treasury company, added 9,926 ETH to its holdings last week, bringing its total ETH position to approximately 5.815 million. Its current portfolio also includes 210 BTC, equity in Eightco Holdings valued at $73 million, and shares in Beast Industries worth $180 million. To date, BitMine has staked 5,067,309 ETH, with a value of roughly $9.6 billion.

3 minutes ago

Whales buy $12.1M $BNB: Two new wallets withdraw 20,007 $BNB from Binance

Whales are buying $BNB! Two newly created wallets withdrew 20,007 $BNB($12.1M) from #Binance 7 hours ago.

3 minutes ago

Unitree Robotics will be listed on the STAR Market of the Shanghai Stock Exchange on August 19.

Unitree Robotics will list on the STAR Market of the Shanghai Stock Exchange on August 19, 2026, with stock code 688836. Today, Unitree's over-the-counter share price has broken through the $100 threshold, pushing the estimated profit per IPO lot to 261,500 yuan.

3 minutes ago

Unitree Robotics reported 2025 revenue of 1.699 billion yuan, with net profit attributable to parent company shareholders reaching 278 million yuan.

Unitree Robotics announced that it achieved operating revenue of RMB 1.699 billion in 2025, with net profit attributable to shareholders of its parent company standing at RMB 278 million — the lower figure calculated with or without non-recurring gains and losses. The IPO offering price is set at RMB 150.80 per share, translating to a diluted static price-to-sales ratio of 35.89x for 2025, which is higher than the average level of comparable peers in the same industry. The corresponding diluted price-to-earnings ratio (the lower of net profit with or without non-recurring items) is 219.23x, exceeding the industry’s average static P/E ratio over the past month. At the initial listing stage, the number of non-restricted tradable shares totals 30.0877 million, accounting for 7.44% of the total share capital after the IPO.

3 minutes ago

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