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Tuesday, 2026-09-08

Castle opens Bitcoin savings stack to individuals, dividends can be exchanged for Bitcoin at any ratio

The Bitcoin fintech company Castle announced that it will open its automated Bitcoin financial stack to individual users and launch a pioneering feature in this category: users can choose to receive dividend income in cash or Bitcoin at any ratio.Castle's revenue comes from the perpetual preferred stock STRC issued by Strategy, which was incorporated into the platform earlier this year and currently pays an annualized dividend of 12% on a semi-monthly basis. Users can receive 100% of the dividends in cash, convert 100% to Bitcoin, or choose any ratio between the two. According to the company, most users opt for a compromise solution, using cash to cover daily expenses while automatically reinvesting the remaining portion into Bitcoin with each dividend payout.Castle co-founder and CTO João Almeida stated that investors have long faced a dilemma of choosing between stable income and holding Bitcoin. Castle allows users to obtain both cash flow and long-term upside by automatically converting a portion of the dividends into Bitcoin. Previously, Castle only served business clients such as restaurants, gyms, accounting firms, and e-commerce; the opening of personal accounts is a response to repeated requests from business owners. Castle was co-founded by Almeida and CEO Stephen Cole and has received investments from Boost VC and Winklevoss Capital.

Jia Nan Technology Q2 revenue was 31.9 million USD, mining 243 bitcoins

Jia Nan Technology (NASDAQ: CAN) announced its unaudited financial results for the three months ended June 30, 2026. Total revenue for the second quarter was $31.9 million, down from $62.7 million in the first quarter and $100.2 million in the same period of 2025, with product revenue of $13.6 million, mining revenue of $17.7 million, and other revenue of $600,000.Cost of revenue for the quarter was $61.2 million, resulting in a gross loss of $29.3 million, operating expenses of $40.1 million, an operating loss of $69.5 million, and a net loss of $97.6 million. Non-GAAP adjusted EBITDA loss was $74.9 million. Losses from changes in the fair value of cryptocurrency amounted to $9.3 million, with impairment of property, equipment, and software at $9.2 million, and a total of $25.3 million for inventory write-downs, prepaid expenses write-downs, and inventory purchase commitment reserves.The company's self-operated installed mining capacity (non-joint venture) was 10.05 EH/s, an increase of 23.3% year-on-year, with an all-in electricity cost of approximately $0.043 per kilowatt-hour, mining 243 bitcoins during the quarter. Cryptocurrency reserves reached 1,915 bitcoins and 3,952 ethers. As of September 8, 2026, the company repurchased approximately 16.4 million ADS, totaling $7.4 million. The ABC project holds a 49% stake, with installed capacity of 4.85 EH/s as of the end of July 2026.

Bonk Guy: PONS Buyback Momentum Strengthens, Wallet Balance Approaches $3 Million

Odaily News: Well-known trader Bonk Guy said on the X platform that PONS' daily revenue over the past week has mostly been above $1.3 million to $2 million, with no day below $1.1 million in the last 7 days. Meanwhile, the PONS buyback wallet has accumulated nearly $3 million in funds, which are used for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently faster than the rate of buyback fund consumption.

In addition, PONS' market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week; on Saturday, the number of tokens launched in a single day reached 28,560, and in the past 24 hours, approximately 27,600 tokens were launched. Bonk Guy believes that despite the cooling of Robinhood Chain's popularity, PONS' market share, token issuance volume, and revenue continue to rise, indicating that its dominant position in the on-chain launchpad sector is further consolidated.

Trump: Trading Stocks for America, Not for Myself

Odaily News: U.S. President Donald Trump touted the stock market and economic data, having earned over $2 billion in his first year back in the White House, with a significant increase in stock and bond investment trading, which has repeatedly sparked controversy and criticism from the opposition party.

Trump responded: "I'm doing this for our country, not for myself. I've made hundreds of billions of dollars for America—not myself—through stocks and holding other various assets, and all I get in return is criticism from the radical left 'stupid Democrats.' It's so unfair, but what can I do!"

Data: A certain whale trader PONS and 4Stock have accumulated unrealized gains of approximately 911,000 USD

According to Lookonchain monitoring, the whale address 0xfc27 spent 280.5 ETH (approximately 696,000 USD) one week ago to buy 2 million PONS at an average price of 0.347 USD, currently with an unrealized profit of about 830,000 USD.In addition, this whale spent 575.2 BNB (approximately 431,000 USD) 3 hours ago to buy 12.12 million 4Stock at an average price of 0.0356 USD, currently with an unrealized profit of about 81,000 USD.

Whale Buys 2M PONS and 12.12M 4Stock, Unrealized Profits of $830K and $81K

Odaily News: According to Lookonchain monitoring, a whale spent 280.5 ETH ($696,000) a week ago to buy 2 million PONS at $0.347 each, with an unrealized profit of $830,000. Three hours ago, the same whale spent 575.2 BNB ($431,000) to buy 12.12 million 4Stock at $0.0356 each, with an unrealized profit of $81,000.

Capital B's Bitcoin Holdings Rise to 3,521 BTC as Adam Back Adds €7.6M

Odaily News: Bitcoin News reported on X that French Bitcoin treasury company Capital B has purchased an additional 376 BTC for €25.3 million, bringing its total holdings to 3,521 BTC. The purchase was funded by a recent financing round, including a €28 million private placement, with Adam Back contributing an additional €7.6 million, executed by Swissquote. The average cost of all Bitcoin in Capital B's treasury is €87,878 per BTC.

Bitcoin Core Developers Debate Whether AI Adoption Is Behind the Times

Odaily News: Christine D. Kim said on X that last Thursday, Bitcoin Core developers held their weekly meeting to discuss whether the team is lagging behind in AI adoption. Spiral lead Steve Lee stated that donors and community members are concerned that the Core project has neither adequately defended against AI cyber threats nor effectively utilized AI to assist in code review, testing, and troubleshooting. This month, over 5,200 Bitcoin addresses have been hacked, with losses exceeding 1,800 BTC; hackers reportedly used Kimi K3 to discover a vulnerability in the Coldcard wallet, and the CLN client also urgently patched critical vulnerabilities due to a surge in AI-generated reports.

Data: Huang Licheng has closed all long positions in Bitcoin, reducing the total position value to approximately 112 million USD

According to Hyperbot data, Huang Licheng closed all of his approximately 610 BTC long positions one hour ago, incurring a loss of about $327,000. His overall position value has dropped to approximately $112 million, with an unrealized loss of about $867,000, resulting in a return on investment of -16.23%.Current position situation: 1. 25x leverage Ethereum long position holding 37,500 ETH, position value $92.163 million, unrealized profit $167,000;10x leverage HYPE long position holding 240,000 HYPE, position value $19.82 million, unrealized loss $1.034 million.

Machi Big Brother Closes All Bitcoin Long Positions, Total Position Value Drops to About $112 Million

Odaily News: According to Hyperbot data, Machi Big Brother (Huang Licheng) closed all his Bitcoin long positions of approximately 610 BTC an hour ago, incurring a loss of about $327,000. His total position value has dropped to approximately $112 million, with floating losses of about $867,000 and an ROI of -16.23%. Current positions:

1. 25x leveraged Ethereum long: holding 37,500 ETH, position value $92.163 million, floating profit $167,000;

2. 10x leveraged HYPE long: holding 240,000 HYPE, position value $19.82 million, floating loss $1.034 million.

Analysis: SpaceX May See Over $10 Billion in Passive Net Buying, Weight in Nasdaq Could Rise

Odaily News: SpaceX's stock price has recently been fluctuating within a narrow range, but with the Nasdaq 100 index's quarterly rebalancing later this month, a new wave of buying may soon arrive. Due to lock-up restrictions, SpaceX's free float is relatively low, so its current weight in the Nasdaq 100 is only 1.25%, ranking 19th. Despite its market cap exceeding $2 trillion, it ranks sixth among the index's constituents.

After the next index rebalancing, SpaceX's weight is expected to increase. The related adjustments will be announced after the close on Friday and take effect on September 21. Part of the reason is that over 1 billion shares have already been unlocked, raising SpaceX's free float from less than 10% of total shares outstanding shortly after the IPO to nearly 30%.

According to a report released on Tuesday by JPMorgan Securities strategists including Min Moon, after the rebalancing, SpaceX's weight could reach 1.51%, leading to approximately $12.4 billion in passive net buying of SpaceX stock by index funds and ETFs. Nasdaq data shows that as of the end of the second quarter, about $1.7 trillion in assets tracked the Nasdaq 100, including the Invesco QQQ Trust Series 1 exchange-traded fund, widely known by the ticker QQQ. (Advisorperspectives)

Listed Companies' Weekly Net Bitcoin Purchases Down 48% WoW; Strategy Did Not Add Last Week

Odaily News: According to SoSoValue data, as of 8:00 a.m. ET on September 8, 2026, the total net purchases of Bitcoin by global listed companies (excluding mining companies) last week amounted to $267 million, a decrease of 48% from the previous week. Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. Japanese listed company Metaplanet did not purchase Bitcoin last week, marking eight consecutive weeks without purchases.

In addition, eight other companies announced Bitcoin purchases or holdings last week. Japanese energy investment company Remixpoint announced that as of September 4, 2026, it held a total of 1,506.23390097 BTC, with a cumulative total expenditure of $111.84 million, an increase of 2.48356398 BTC (not from purchases) compared to the previous week. Entertainment technology company Boyaa Interactive announced that from June 24, 2026 to September 4, 2026, it invested $14.3 million to increase its holdings by 205 BTC at a price of $69,756.097561 per BTC, bringing its total holdings to 4,316 BTC. UK Bitcoin company The Smarter Web Company announced on September 2 that it invested $2.72 million to purchase 35 BTC at $77,708 per BTC, bringing its total holdings to 2,747 BTC. Bitcoin treasury company Bitcoin Treasury Corporation announced on September 4 that its total holdings were approximately 737.71 BTC, without disclosing the total purchase amount or average cost. UK Bitcoin treasury company BHODL announced on September 3 that it spent approximately $77,772.17 last week to purchase 1 BTC, bringing its total holdings to approximately 167.487 BTC. Ethereum treasury company Bitmine announced after 8:00 a.m. ET on August 31 that it purchased 1 BTC, without disclosing the purchase amount, bringing its total holdings to 211 BTC. French Bitcoin company Capital B announced on September 7 that it purchased 376 BTC at $67,182 per BTC, bringing its total holdings to 3,521 BTC. Asset management company Strive announced on September 8 that it spent approximately $109 million last week to purchase 1,375 BTC at $79,281 per BTC, bringing its total holdings to approximately 24,531 BTC.

In terms of financing, Capital B announced that it has raised an additional €7.6 million (approximately $8.83 million) from investors and institutions, including Adam Back, to purchase Bitcoin. BHODL confirmed that it has now completed ATM 2 (second at-the-market offering program), selling a total of 600,000 ordinary shares at an average price of 8.06 pence per share, raising total proceeds of £48,275 ($65,253.32) to purchase Bitcoin, and has initiated ATM 3 (third at-the-market offering program).

As of press time, the global listed companies (excluding mining companies) in the statistics hold a total of 1,119,973 BTC, a decrease of 2.38% from the previous week, with a current market value of approximately $87.77 billion, representing 5.6% of Bitcoin's circulating market cap.

Malone Lam to Appear in Court Tuesday for Plea Hearing in $230M Bitcoin Theft Case

Odaily News: Malone Lam is expected to appear in federal court on Tuesday for a plea hearing related to an alleged $230 million Bitcoin theft. Prosecutors allege that in August 2024, Malone Lam led an 18-person group that used social engineering to obtain more than 4,100 Bitcoin from a Washington, D.C. investor, subsequently using the proceeds to purchase cars, luxury homes, and a private jet, as well as spending on clubs. If Malone Lam pleads guilty, he will become the 11th defendant to plead guilty in the case. (Bitcoin News)

Involved in the $230 million Bitcoin theft case: Malone Lam will appear in court on Tuesday for a plea hearing

Malone Lam is expected to attend a federal court plea hearing on Tuesday, related to an alleged $230 million Bitcoin theft case. Prosecutors claim that Malone Lam led an 18-member gang in August 2024, using social engineering techniques to obtain over 4,100 Bitcoins from an investor in Washington, D.C., and subsequently used the proceeds to purchase cars, luxury homes, and private jets, as well as to spend at clubs.If Malone Lam pleads guilty, he will become the 11th defendant to plead guilty in this case.