JPMorgan and Morgan Stanley both raised their price targets on Bitcoin miner Riot Platforms while maintaining Overweight ratings. JPMorgan lifted its target to $22 from $20, and Morgan Stanley increased its target to $43 from $36. The moves follow Riot’s Aug. 11 announcement of a 20-year, $9 billion compute agreement with AI company Anthropic that is expected to generate $9.1 billion in revenue, rising to roughly $16.1 billion if renewed twice. The deal underscores a broader shift by Bitcoin miners toward AI infrastructure that has drawn support from Wall Street analysts.

Bitcoin treasury company Strategy raised $333.7 million last week by issuing MSTR shares but did not buy any bitcoin. About 40% of the proceeds went to repurchasing STRC preferred shares, 16% to STRC dividends, and the remainder was retained as cash. It marked the fourth straight week without a BTC purchase, and the company has reduced its holdings by 6,916 BTC since June 21, 2026. Since its last reported BTC buy, MSTR is down 16%, while STRC has traded below $95.

A Nasdaq-listed company in the Solana ecosystem reported $2.5 million in revenue for the second quarter of 2025, with nearly all of it coming from staking. The company posted a net loss of $30.3 million over the same period, largely driven by realized losses on digital assets. The results highlight its heavy reliance on staking as a single revenue stream. They also underscore significant financial risks tied to holding digital assets.

Nasdaq-listed Greenlane Holdings said it holds about 81.3 million BERA tokens with a $70.2 million cost basis, but their fair value stood at $16.4 million at the end of the second quarter, down 77%. The company posted a second-quarter net loss of $24.8 million, including a $19.1 million non-cash hit from changes in the fair value of digital assets. Greenlane warned that a prolonged decline in its market value could trigger Nasdaq listing rules and create a delisting risk without a standard cure period.

Between Aug. 10 and Aug. 14, BlackRock’s spot Bitcoin and Ethereum ETFs recorded $91.4 million in combined net outflows. The iShares Bitcoin Trust (IBIT) accounted for $78.9 million of the withdrawals, while ETHA and ETHB together posted $12.5 million in net outflows. On a daily basis, IBIT saw outflows of $53.6 million on Aug. 10, $14.3 million on Aug. 12, $5.7 million on Aug. 13, and $55.5 million on Aug. 14, pointing to consecutive institutional selling.

Hedge fund veteran Paul Tudor Jones increased his Bitcoin ETF holdings to $22.9 million and said Bitcoin is currently the best hedge against inflation. The move highlights growing recognition among traditional macro traders of crypto’s inflation-hedging narrative. It could also draw more institutional attention and portfolio allocation to the sector.

ETH on-chain URPD data show a heavy concentration of supply in the $2,700–$2,800 range, with three bars totaling about 13 million ETH—more than 10% of circulating supply. These holdings are sitting on roughly 40% unrealized losses but have seen little movement. Using Glassnode’s account-based approach, the main entity behind the cluster may be linked to BitMine after multiple accumulation rounds brought its weighted average cost into that band. The same cost zone could later act as resistance if ETH revisits it, even as the lock-up of supply reduces potential sell pressure on declines.

Cboe has filed an application with the U.S. Securities and Exchange Commission (SEC) seeking to launch the first U.S. 3x leveraged Bitcoin and Ethereum exchange-traded funds (ETFs). The products would track the daily triple returns of BTC and ETH, offering investors leveraged crypto exposure that can amplify gains while increasing risk. If approved, the ETFs would expand the U.S. crypto-derivatives landscape and provide professional investors with additional tools for hedging and speculation.