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The rebound in the cryptocurrency market has prompted companies to increase their allocation of crypto assets. As the price of Bitcoin rises, Bitcoin mining companies that had actively shifted towards AI businesses have once again become high-beta targets in the BTC market, and the strategy of directly holding Bitcoin on corporate balance sheets has regained market attention. Data shows that Bitcoin rose by about 23% by the end of August, with some mining companies' stock prices increasing by 41% to 67%, outperforming several AI infrastructure companies. The market believes that the U.S. Treasury's expansion of bond repurchases, the White House's positive signals on crypto regulation, and the liquidation of over $1.6 billion in short positions have collectively driven the rise of related assets.In terms of corporate accumulation, Strive purchased 1,800 BTC in the last week of August, costing about $143 million, increasing its total holdings to 23,156 BTC, making it the fifth largest publicly traded company holder of Bitcoin; Strategy simultaneously increased its holdings by 4,603 BTC, with total holdings exceeding 845,000 BTC. Meanwhile, 21 large financial institutions, including Bank of America, Goldman Sachs, and Citigroup, plan to establish a new company and intend to launch a U.S. dollar stablecoin in the first half of 2027, subsequently expanding to other G7 currencies for cross-border payments and digital asset settlements.Regarding Ethereum, Bitmine has continuously increased its ETH holdings for 65 weeks, with the latest holdings exceeding 5.9 million ETH, accounting for 4.9% of Ethereum's circulating supply of about 120.7 million ETH, just one step away from its 5% holding target. Despite the continuous accumulation, the company's current ETH holdings still face an unrealized loss of about $5.1 billion.

According to a report by the Financial Associated Press, the General Office of the Ministry of Industry and Information Technology has issued the "Entrepreneurship Support Plan for Small and Medium-sized Enterprises in Artificial Intelligence (2026-2028)." Over three years, it aims to cultivate a large number of innovative and dynamic artificial intelligence startups with significant growth potential in key areas such as industry applications, data services, and intelligent computing power. More than 10,000 new technology and innovation-oriented small and medium-sized enterprises will be nurtured, with over 2,000 "specialized, refined, distinctive, and innovative" small giant enterprises emerging, along with a number of gazelle and unicorn companies.Focusing on the field of artificial intelligence, the plan will establish 10 high-standard technology enterprise incubators and 10 national public service demonstration platforms (bases) for small and medium-sized enterprises. It will also cultivate 10 national-level characteristic industrial clusters for small and medium-sized enterprises. The entrepreneurial and innovative vitality of small and medium-sized enterprises in artificial intelligence will continue to surge, and a preliminary pattern of high-quality development for small and medium-sized enterprises empowered by artificial intelligence will take shape.

Bitwise's latest report shows that the correlation between Bitcoin and gold has risen to a six-year high. Bitwise's Head of Research for Europe, André Dragosch, stated that the last time the correlation reached this level was in 2020, during the period of multiple fiscal and monetary stimulus following the COVID-19 pandemic; meanwhile, the correlation between Bitcoin and the stock market has dropped to a one-year low, suggesting a decoupling between hard assets and the stock market.The report believes that the simultaneous rise of Bitcoin and gold is due to the "substantial intervention in the macro picture" by the U.S. government. Last month, the U.S. Treasury announced it would more than double the scale of government debt buybacks, leading to a weakening of the dollar, and investors flocked back to gold and Bitcoin; in the same week, U.S. public debt surpassed $40 trillion for the first time, further undermining market confidence in the dollar. Bitwise stated that investors are no longer entangled in whether to hedge against currency depreciation with gold or Bitcoin, but are holding both simultaneously, and pointed out that "Bitcoin has been priced as a risk asset for its first fifteen years, and if this correlation trend continues, the next fifteen years could be very different."Driven by this, Bitcoin rose again this week, increasing nearly 6% within 24 hours, with the price briefly approaching $81,438.

Nikkei Chinese reported on September 3 that demand for AI servers from Nvidia is driving the semiconductor memory DRAM market to accelerate upward. The price of general DRAM products used in personal computers and other devices increased by 5% month-on-month, while products for industrial equipment saw double-digit increases. Memory manufacturers are prioritizing the supply of AI server-specific memory, and its ripple effect is further spreading.In addition to being used in personal computers, cameras, and smartphones, DRAM is also installed in AI servers and other devices in data centers, serving as temporary data storage. As sellers, memory manufacturers negotiate monthly or quarterly with equipment manufacturers and module manufacturers, who act as buyers, to determine bulk transaction prices. The bulk transaction price for the 16Gb specification of the general model DDR5 used in PCs, game consoles, and servers was set at approximately $40.2 in July, an increase of 5% month-on-month. Prices have risen for seven consecutive months, and executives from electronics trading companies stated that they have reached a historic high.

According to Nikkei News, the rise in Bitcoin prices lacks momentum, as it was bought due to "dollar depreciation trading," but this is only a fleeting moment. Now, the expectation of interest rate hikes in the United States has become a heavy burden for Bitcoin. The market generally expects Bitcoin prices to peak in the fall.A factor to watch is the U.S. midterm elections in November. In years when midterm elections were held, the market tends to decline from September to the end of the year, with a drop of 45% in 2018 and an 18% decline in 2022.

Digital asset management company Grayscale stated that by the end of 2025, the proportion of company stocks held directly and indirectly by American households' financial assets will reach 46.71%, up from 43.99% a year ago. Grayscale's research director Zach Pandl pointed out that the increase in stock asset concentration and high valuations has enhanced the opportunity for cryptocurrency to be used for portfolio diversification.Grayscale indicated that the long-term earnings growth expectation for the S&P 500 index rose to over 25% on August 28, significantly higher than the historical range concentrated between 10% and 15%. The agency believes that after the market adjustment, the valuation, leverage levels, and investors' long positions in cryptocurrency assets have all decreased.Data released by Grayscale shows that the 90-day correlation between Bitcoin and the Nasdaq 100 index has dropped from over 60% to about 33%, while its correlation with gold has risen from nearly 0 to over 50%. Grayscale also noted that Bitcoin's historical volatility is higher than broad equity indexes and does not always serve as a safe-haven asset.

DDC Enterprise announced its unaudited financial data for the first half of 2026: total revenue of 20.2 million USD, a year-on-year increase of 29%.As of the announcement date, the company holds 2,899 bitcoins, an increase of 145% from 1,181 at the end of 2025; the net loss for the first half of the year was 38.4 million USD, mainly due to a non-cash unrealized fair value loss of 34.3 million USD from its bitcoin treasury holdings.The board of directors has approved an 18-month stock repurchase plan, with a maximum amount of 10 million USD or 20% of Class A common stock outstanding.

According to data from the CoinGecko page, Websea's global spot cryptocurrency exchange ranking has risen from 71st to 45th, an increase of 26 positions, entering the global Top 50. Websea's Trust Score safety rating is 8/10.CoinGecko's exchange ranking comprehensively evaluates dimensions such as liquidity, cybersecurity, regulatory status, historical events, and proof of reserves.

PPP prediction market tool monitoring shows that the probability of Polymarket "OpenAI's Astra being released before September 11" has risen to 86%, up 41% in 24 hours; the probability of it being released before September 15 has risen to 91%, up 29% in 24 hours.If OpenAI publicly releases "Astra" before the specified date, or releases a product confirmed by official or credible media to be the same model as the previously announced "Astra," the event will settle as "Yes," otherwise it will be "No." Eligible models can use names such as Astra, Astra 1, Astra 6, GPT-6 Astra, etc., and can be renamed upon release. Models like GPT-5.7 and GPT-6 will only count if confirmed to be the same model as the previously mentioned Astra. The model must be publicly accessible, including public testing or open waitlists; closed testing and private access do not count. Settlement is primarily based on official information from OpenAI and references consensus reports from credible media.

According to the latest data from arbdata, Robinhood Chain has been online for only two months, and its cumulative fee revenue has risen to 13.05 million USD, setting a new historical high. Based on the annualized average of the fee revenue over the past 30 days, its annualized revenue scale is approximately 110 million USD. Based on the current cumulative revenue, about 1.3 million USD will directly flow into the Arbitrum ecosystem. According to the cooperation agreement between the two parties, Robinhood Chain is required to return 10% of the net revenue from the agreement to the Arbitrum ecosystem, with 8% flowing into the Arbitrum DAO treasury and 2% going to the Arbitrum Developer Guild.CoinGecko data shows that ARB has increased by a cumulative 46.7% over the past two weeks. The ARB unlocking period will continue until March 2027, with the next unlocking expected to take place on September 23, releasing approximately 139.2 million ARB, which is valued at about 15.2 million USD based on the current price, accounting for about 1.4% of the total supply.

BitcoinTreasuries.NET posted on platform X that TD Cowen analyst Lance Vitanza, with a scale of $15 billion, stated that Strive's stock price will rise by 33% to $32. The institution indicated that its treasury activities have significantly exceeded previous models.TD Cowen expects that Strive will hold more than 27,100 bitcoins by the end of 2026.

Yili Hua stated that the core of investment is not average allocation, but rather identifying and seizing a few star companies that can bring excess returns. He cited Duan Yongping's investment in NetEase in 2002 as an example, pointing out that he invested 2 million dollars at a time when the stock price was less than 1 dollar, and after holding it for 8 years, he made a profit of over 260 million dollars, with a return of more than 100 times.Yili Hua believes that every technological revolution contains numerous opportunities for excess returns. The early cryptocurrency industry has already seen many cases of hundredfold returns, and the current artificial intelligence industry is in a similar early explosive phase, with potential targets in both the Chinese and American markets. He stated that the core goal of current artificial intelligence investment is to capture the most explosive star companies in this wave of artificial intelligence.

CryptoQuant analyst Axel Adler Jr stated that from August 18 to 28, the 30-day cumulative distribution of Bitcoin long-term holders (LTH) increased from 174,500 to 281,900, a rise of 61.5%, reaching the highest level since 2026 on August 28. This metric accelerated significantly during the rapid rebound after the short-term squeeze in Bitcoin, indicating that long-term holders are taking profits as prices rise.Meanwhile, the LTH MVRV rose from 1.31 on August 18 to 1.64 on August 27, remaining at a level of 1.6 on August 31, which means that the market value of Bitcoin held by long-term holders is approximately 60% higher than their average realized value. This suggests that despite the increase in distribution activity, long-term holders still possess significant unrealized profits. Axel believes that the price rebound after the short-term squeeze has simultaneously elevated the profit levels of long-term holders and the speed of token distribution, creating conditions for further profit-taking. If Bitcoin prices remain stable, long-term holders may continue to release supply, adding extra selling pressure to the market. The current key issue for the market is whether the high-level distribution by long-term holders will continue and whether new buying can absorb this additional supply; otherwise, the market may face price pressure again.

Qualcomm announced a double-digit increase in chip prices starting September 1, applicable to chips shipped after that date. Qualcomm informed customers in July that it could no longer absorb rising supplier costs. Qualcomm CEO Cristiano Amon stated in an interview with Reuters that they are simply passing on the significant cost increases they are facing.Apple continues to procure modem chips from Qualcomm for the iPhone 17 models while transitioning to self-developed modems. Qualcomm expects revenue from Apple to decline faster than previously anticipated, dropping about 50% from the September quarter to the December quarter, as supply constraints will reduce Qualcomm's component share in the iPhone 18 series. Qualcomm also provides mobile chips for manufacturers like Samsung, with price increases covering its product line and negotiating separately with customers.

Chairman of Bitmine, Tom Lee, recently stated in an interview with the "Milk Road Show" that asset tokenization and AI intelligent finance will become the core narratives of the cryptocurrency market in the next five years. Ethereum is expected to become the underlying settlement layer of the global financial system, and currently, ETH is still severely undervalued relative to BTC.Tom Lee believes that in the remaining time of 2026, ETH may be driven by four major catalysts: the U.S. "Clarity Act" is expected to pass in September, the return of off-exchange short sellers and hesitant funds, the reallocation of crypto assets by Asian funds, and global institutional fund managers chasing top-performing crypto assets under quarterly performance pressure. He predicts that the ETH/BTC exchange rate is likely to return to the historical high of 0.08. Even if it conservatively recovers to 0.04, if BTC reaches $150,000, the corresponding price for ETH will also reach $6,000. Tom Lee also emphasized that Bitcoin still has long-term upward potential, but the larger narrative for the cryptocurrency industry in the next five years will be the "super cycle of comprehensive asset tokenization" and "AI intelligent finance."

MiniMax's stock price surged over 19% today, currently quoted at 357.8 HKD, with a total market value rising to 124.956 billion HKD. Since its stock price fell to a low of 186.2 HKD on July 27, it has now increased by 92.15%, taking about 1 month.According to previous reports, MiniMax disclosed at the mid-year performance meeting in 2026 that the Token consumption in July had reached 20 times that of January, with Q2 revenue growing by 81.8% compared to Q1, and the ARR in August further increased to over 800 million USD. MiniMax's revenue in the first half of the year was 117 million USD, a year-on-year increase of 283.1%, with half-year revenue already exceeding last year's total.

The world's largest electric vehicle manufacturer BYD reported a net profit growth of 30% year-on-year in the second quarter, reaching 8.2 billion yuan (approximately 1.2 billion USD), marking the first increase in five quarters. This data is derived from the half-year performance announced on Friday, slightly exceeding the average expectations of analysts compiled by Bloomberg.During the same period, revenue unexpectedly declined by about 3% to 194.6 billion yuan. The profit growth was attributed to a surge in exports and demand for some higher-priced models, helping it overcome the sluggish Chinese market.

Coinbase CEO Brian Armstrong posted on X that Apple did not predict Uber, TikTok, or Coinbase, but the iPhone has spawned a whole new wave of companies. Tokenized assets on the blockchain will be similar, with known immediate benefits including global access, better utility, and 24/7 trading, but the unimaginable new financial companies will be built on this.