a16z expands its Growth Fund to $8.5 billion, and closed a new $1.1 billion AI hardware fund just days ago.

According to Lookonchain's monitoring, a mysterious Ethereum whale is selling 167,855 ETH, valued at approximately $408 million. The whale received the 167,855 ETH from multiple wallets and has started transferring the tokens to trading platforms. Over the past two days, it has deposited 70,739 ETH (worth around $174 million) across multiple exchanges, and currently holds 97,115 ETH valued at roughly $237 million.

Strategy has sent a letter to index provider MSCI, opposing the latter’s proposal to exclude "non-operating companies" from its global investable market indices, stating that the plan is misleading, flawed, and discriminatory, and essentially targets digital asset treasury companies once again. MSCI previously proposed that any company deemed a "non-operating company" would no longer be eligible for inclusion in its related global indices. Strategy argues that MSCI’s basis for classifying Bitcoin as a "non-operating asset" is unprecedented, and the classification method is arbitrary and lacks sufficient explanation. The company emphasizes that it has categorized its Bitcoin business as an operating segment, with related profits and losses recorded in operating expenses. Strategy states that it has 1,500 employees worldwide and proactively uses Bitcoin to create value for shareholders. If the proposal is adopted, while it will not have a material impact on its business, it will damage MSCI’s credibility as a neutral index provider. As of now, Strategy holds 845,050 Bitcoin, worth approximately $65.8 billion.

Solana’s treasury firm DeFi Development Corp. plans to publicly offer up to $20 million in Series C floating-rate perpetual preferred stock. The company intends to use the raised funds to increase its SOL holdings and pursue other crypto-related investments.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that address 0xa56…d7b5a purchased 11.73 million BONER at an average price of $0.00003173 on August 21, with a total investment of just $377.7. At the time of the purchase, the token’s market capitalization stood at around $31,000. Now, as BONER’s market cap has climbed to approximately $59 million, the address’s unrealized profit exceeds $695,000, translating to a return of over 1,858 times.

According to Bitget data, Shein-W (00625.HK) fell more than 9% on its debut day on the Hong Kong Stock Exchange, and is currently trading at HK$44.02.

The duration of U.S. ultra-long-term Treasury yields staying at high levels has hit the longest record since 2006. Driven by factors including massive fiscal deficits, a new wave of corporate bond issuance, and a potentially pivotal Federal Reserve meeting, investors are expected to remain cautious in the coming weeks. The yield on the U.S. 30-year Treasury note rose to 5.34% in mid-August, its highest level since 2007, just 10 basis points below the 22-year peak. As of Monday, the 30-year Treasury yield has closed above 5% for 55 days so far this year, the most such days since 2006. On Tuesday, the yield stood at 5.27%.