q2

According to Bloomberg, Australia's richest person Gina Rinehart's investment company Hancock Prospecting purchased 8 million shares of SpaceX in the second quarter, with a holding value of $1.37 billion as of June 30, making it its largest single holding.During the same period, the company also doubled its holdings in Trump Media & Technology Group and increased its positions in the S&P 500 ETF and several defense and energy stocks. As of the end of the second quarter, the total value of its U.S. listed securities was $5.71 billion, a 72% increase from the previous quarter.

Upbit operator Dunamu announced its performance for the second quarter of 2026, with quarterly revenue of 173.5 billion won (approximately 12.3 million USD) and operating profit of 23.5 billion won (approximately 1.665 million USD), a decrease of about 26% and 73% respectively compared to the first quarter.In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 16.6 million USD) and operating profit was 88 billion won (approximately 6.234 million USD). Dunamu stated that the decline in performance this quarter was mainly affected by the overall liquidity contraction in the global digital asset market, leading to weakened investor sentiment.

According to Cointelegraph, Morgan Stanley's latest 13F filing submitted to the U.S. SEC shows that as of June 30, it held approximately 16.5 million shares of BlackRock IBIT, an increase of 23% from 13.4 million shares in the first quarter. However, due to the decline in Bitcoin prices during the quarter, the market value of this holding dropped from $667 million to $549 million, a decrease of about 18%.During the same period, Morgan Stanley also held 2.57 million shares of MSBT, valued at approximately $43.3 million, and increased its holdings in Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, and Fidelity FBTC, with FBTC holdings increasing by nearly 38%.In terms of Ethereum, its ETHA holdings increased by about 202% to 4.6 million shares, and the Grayscale Ethereum Staked Mini ETF holdings increased by about 26% to 5.1 million shares. Additionally, Morgan Stanley also established new positions in the Grayscale Solana Staked ETF and Fidelity Solana Fund, with market values of approximately $4.25 million and $2.26 million, respectively.On the individual stock front, Morgan Stanley's holdings in Circle (CRCL) surged from about 1.46 million shares to 8.32 million shares, while also increasing positions in mining companies and infrastructure firms such as Cipher Digital, Core Scientific, Hut 8, and Bitdeer; on the other hand, it reduced its holdings by about 550,000 shares in Coinbase, reduced over 3.1 million shares in CleanSpark, and completely exited approximately 8 million shares in Bitfarms.

According to Coinpedia, JPMorgan, with an asset management scale of approximately $5.1 trillion, submitted its Q2 13F filing to the SEC, showing significant adjustments in its crypto-related ETF holdings. In terms of Bitcoin, the bank held approximately 10.4 million shares of BlackRock's IBIT as of June 30, valued at about $355.7 million, up from about 8.3 million shares and nearly $162 million in Q1; the number of IBIT call options increased to about 3.94 million, while put options decreased from about 4.75 million to about 3.5 million.Regarding Ethereum, JPMorgan held nearly 1.17 million shares of BlackRock's ETHA, valued at approximately $14.3 million, a significant increase of 338% compared to the previous quarter, but the value of Bitcoin positions still exceeds that of ETHA by more than twenty times. For XRP, after the related positions were reduced to zero in Q1, the bank re-established its holdings, holding small shares of Bitwise XRP ETF and Grayscale XRP Trust ETF, as well as approximately 19,900 shares of Armada Acquisition Corp II related to Ripple-supported trading, valued at about $207,000.In addition, the filing also showed that JPMorgan established a new position in Bitwise Solana Staking ETF, holding about 47,500 shares. The article also mentioned that there has been a recent net outflow from the U.S. spot Bitcoin ETF, with the next 13F covering Q3 expected to be disclosed in November.

According to Bloomberg, Kraken operator Payward disclosed that due to a slowdown in industry trading activity, the company's adjusted pre-tax profit for the second quarter of 2026 was $23 million, a 71% decrease from $79.7 million in the same period last year; during the same period, adjusted revenue increased by 17% year-on-year to $508 million.Payward stated that although revenue continues to grow, the overall trading volume in the cryptocurrency market is weak, putting pressure on profitability. Kraken has been continuously expanding its institutional business, derivatives trading, and on-chain services in recent years, but changes in the industry cycle still exert pressure on its core trading business.

TRON Eco released the Q2 2026 Value Deflation Eco Report, with a total repurchase and destruction amount exceeding $34.75 million for the quarter, and the four core projects are advancing in coordination.JST completed its largest repurchase and destruction to date, destroying over 355 million tokens (valued at $34.59 million) in a single event, setting a new historical record, with the cumulative destruction amount reaching 17.29% of the initial maximum supply and a total value exceeding $94.62 million. SUN completed its 51st repurchase and destruction, with over 9.02 million SUN destroyed in a single quarter, bringing the cumulative destruction amount to over 678 million tokens. BTT and WIN announced mechanism upgrades, using all revenue from decentralized business and all revenue from oracle services for repurchase, with the new mechanism to be implemented regularly starting Q3. With the launch of the new mechanism in Q3, all four projects have been incorporated into a sustainable deflation framework, achieving an upgrade from "periodic incentives" to "institutionalized deflation." TRON Eco will continue to drive repurchase and destruction with real revenue, giving back to the community.

ChianCatcher news, cryptocurrency exchange Gemini announced its Q2 2026 financial report, with total revenue of $45.5 million, a year-on-year increase of 37%. Revenue from credit card operations surged 231% year-on-year to $16.2 million, helping to offset the impact of a 38% year-on-year decline in exchange business revenue to $12.5 million. Trading volume fell from $11.3 billion to $3.8 billion year-on-year. Forecast market trading volume nearly doubled quarter-on-quarter (up 93%), contributing $500,000 in revenue. The net loss for the quarter was $107.7 million, narrowing by 19% year-on-year.Gemini's stock price fell over 7% in after-hours trading. CEO Tyler Winklevoss stated that the company still has work to do, and the results for this quarter reflect ongoing efforts to reduce operating expenses and diversify revenue.

According to Business Wire, Bitcoin operating company Nakamoto Inc. (NASDAQ: NAKA) announced its financial report for the second quarter of 2026, with total revenue of $35.9 million. The media and asset management business contributed $25.6 million, while the Bitcoin derivatives strategy contributed $10.4 million. The GAAP operating loss was $149.1 million, primarily driven by a $105.2 million non-cash goodwill impairment and a $48.7 million Bitcoin market value loss;Excluding the aforementioned non-cash items, the adjusted operating income was $7.3 million, marking the first positive value since the company's transformation into a Bitcoin operating company. During the period, the company repaid approximately $45 million in USDT debt and deferred about $105 million in USDT principal until June 30, 2027. As of June 30, the company held 4,467 Bitcoins, with a fair value of approximately $261.5 million, and a net digital asset leverage ratio of 56%.

According to PR Newswire, Ethereum Treasury Company and AI/HPC infrastructure operator Bit Digital announced their financial performance report for the second quarter of 2026. The data shows that the company purchased 8,568 ETH for $20 million during the second quarter, with an average cost of approximately $2,334.25 per coin, and did not sell any ETH during the quarter.As of the end of the second quarter, Bit Digital held approximately 164,310.5 ETH, valued at about $258 million based on the ETH price on that day. Among them: 75,757.5 ETH were held directly, with a fair value of approximately $118.9 million; 73,235 ETH were staked for liquidity, earning 66,192 LsETH; 49,000 LsETH were used for collateral financing, corresponding to collateral receivables of approximately $105.6 million; the remaining 17,192 LsETH were held as margin buffer assets.

According to GlobeNewswire, the cryptocurrency asset trading platform Bullish announced its financial performance for the second quarter of 2026. The company stated that as the global securities market gradually migrates to public chains, Bullish is planning to build a complete issuer-supported tokenized securities service system around issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, which is nearly $300 trillion in scale, is turning to public blockchains, and Bullish hopes to collaborate with issuers to drive this process. Once the proposed acquisition of Equiniti is completed, the company will form an integrated platform covering securities token issuance, listing, trading, and tracking.Financial data shows that Bullish's digital asset sales in the second quarter amounted to $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance has improved. Adjusted revenue (non-IFRS) for the second quarter reached $92.6 million, a year-on-year increase of 62%, higher than $57 million in the same period last year; among them, subscription, service, and other revenues reached a record $62.7 million. Adjusted trading revenue was $29.9 million, a year-on-year increase of 24%; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of the UK fintech company Equiniti is progressing and is expected to be completed in early 2027, still subject to regulatory approvals and other customary conditions. In addition, Bullish's CoinDesk Index continues to gain institutional adoption. Morgan Stanley launched Bitcoin, Ethereum, and Solana-related trading products based on the CoinDesk benchmark index, attracting over $400 million in inflows in the second quarter.In terms of regulation, Bullish has obtained approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year guidance for 2026, expecting subscription, service, and other revenues (non-IFRS) to be between $225 million and $245 million, adjusted operating expenses to be between $225 million and $230 million, and financing costs to be expected between $52 million and $60 million.

According to BeInCrypto, Nasdaq-listed company Forward Industries reported a net loss of $69 million for the third quarter of fiscal year 2026, primarily due to impairment losses resulting from fair value adjustments of its Solana assets in accordance with U.S. Generally Accepted Accounting Principles. The company held approximately 7.55 million SOL at the end of the quarter, with the per-share SOL holding increasing by 9% quarter-over-quarter to 0.073; during the quarter, it increased its holdings by over 500,000 SOL through purchases and staking, and repurchased 2.5 million shares of stock.Revenue for the quarter increased more than fourfold year-over-year to $10.8 million, mainly from SOL staking and other financial services income. As of August 3, the company held approximately 7.8 million SOL, with the per-share SOL holding rising to 0.0754. After the earnings report was released, FWDI's stock price fell slightly by 1.36% in after-hours trading.

According to The Block, Hyperliquid's treasury company Hyperion DeFi achieved a net profit of $31 million in the second quarter, setting a historical high, more than doubling from $8.8 million in the previous quarter, and compared to a net loss of about $9 million in the same period last year. The total value of the company's HYPE holdings increased from $71 million at the end of Q1 to $133 million.Hyperion's CEO stated that the company not only significantly increased its HYPE reserves but also launched several scalable businesses and new products on Hyperliquid while continuously reducing costs. The company announced a partnership with HIP-3 deployer Entropy, committing to stake 500,000 HYPE, and pledged another 500,000 HYPE to Skew Technologies to support the HIP-4 outcome market. At the end of the quarter, the company held approximately 2 million HYPE, and the stock price rose about 5% in after-hours trading.

According to PR Newswire, Cypherpunk Technologies (Nasdaq: CYPH) announced its Q2 2026 financial report, with a net income of $39.4 million (approximately $0.18 diluted earnings per share), compared to a net loss of $16.6 million in the same period last year. The turnaround to profitability was mainly due to an unrealized gain of $46 million from the fair value of ZEC holdings (ZEC price rose from $243.35 to $400.09).As of August 11, 2026, the company's Zcash inventory increased to 323,394.38 coins, with an average price of $341.83, accounting for approximately 1.92% of the total circulating supply of ZEC, valued at about $129.4 million at current prices.

According to a report by Investing.com, neocloud company Nebius (NBIS) announced its second-quarter financial report, with Q2 revenue reaching $582.3 million, a 454% increase compared to $105.1 million in the same period last year. The adjusted EBITDA for the second quarter was $236.2 million, compared to a loss of $21 million in the same period last year, achieving a turnaround from negative to positive; the adjusted net loss was $33.2 million, narrowing from a loss of $91.5 million in the same period last year by 64%. However, the company reported a net loss from continuing operations of $190.4 million in the second quarter, while it had a net profit of $502.5 million in the same period last year.In the first half of 2026, Nebius accumulated revenue of $981.3 million, a year-on-year increase of 529%; the adjusted EBITDA reached $365.7 million, compared to a loss of $74.7 million in the same period last year. According to market news, NBIS rose 12.05% in pre-market trading, currently reported at $217.5.

Tencent Holdings released its Q2 2026 financial report, with revenue of 204.79 billion yuan, a year-on-year increase of 11%, slightly exceeding market expectations; Non-IFRS net profit was 68.4 billion yuan, a year-on-year increase of 9%; profit attributable to equity holders of the company was 56.022 billion yuan, a year-on-year increase of 0.7%. Capital expenditure was 52.78 billion yuan, a year-on-year increase of 176%, far exceeding the market expectation of 32.14 billion yuan, mainly used for AI infrastructure investment. The free cash flow for the quarter was negative 13.8 billion yuan; excluding prepayments for AI computing power purchases, free cash flow was 37.6 billion yuan.In terms of business, value-added services revenue was 98.4 billion yuan, a year-on-year increase of 8%, with domestic game revenue at 47.3 billion yuan, a year-on-year increase of 17%, significantly contributed by "Delta Action," "Valorant," and "Lock Kingdom: World"; international market game revenue was 18.6 billion yuan, down 0.8% year-on-year due to exchange rate effects, but up 4% year-on-year when calculated at constant exchange rates. Marketing services revenue was 43.6 billion yuan, a year-on-year increase of 22%, making it the fastest-growing segment; financial technology and enterprise services revenue was 60.3 billion yuan, a year-on-year increase of 9%.Regarding AI products, the report specifically mentioned that WorkBuddy achieved rapid user growth and a healthy user retention rate, with strong user willingness to pay. Its market-leading position is attributed to its strong harness engineering capabilities, a rich selection of models, and an industry-leading skill library. The official version of Hy3 saw a more than 68-fold increase in usage in the week following its launch compared to the previous generation, consistently ranking among the top three globally in terms of OpenRouter token consumption, with plans for a larger parameter scale Hy4 to be released soon. The AI agent Xiaowei within WeChat has initiated a small-scale gray testing. Excluding the contribution from new AI products, Non-IFRS operating profit increased by 19% year-on-year to 86.1 billion yuan. By the end of the quarter, the company's net cash decreased from 146.9 billion yuan at the end of March to 58.2 billion yuan.

According to BBX data, yesterday global listed companies disclosed the latest developments in their cryptocurrency asset management and future buying plans, with the core information as follows:Strategy plans to resume buying Bitcoin within the year: Phong Le, CEO of Nasdaq-listed company Strategy, recently stated in an interview with Fox News that as the strategic plan progresses, Strategy will resume buying more Bitcoin in the secondary market for the remainder of this year, sending a clear signal of increased holdings.Trump Media holds 9,477 BTC in Q2, with a loss of $360 million in the first half of the year: The latest financial data disclosed by Trump Media shows that as of the end of the second quarter of 2026, the company held a total of 9,477.16 Bitcoins, a decrease of 65 from the end of the first quarter, with a current fair value of approximately $557.1 million. Due to the decline in cryptocurrency prices, the company's related financial losses in the first half of the year reached $360.6 million. Additionally, during the same period, the amount of approximately 756.1 million CRO held remained unchanged, but its fair value shrank from $6.8 million at the end of 2025 to $4.06 million.OranjeBTC steadily increases holdings, total holdings approach 4,000: Brazilian listed Bitcoin treasury company OranjeBTC announced an additional purchase of 2 Bitcoins. After this adjustment, the company's total Bitcoin holdings have risen to 3,950.

According to The Block, Tether-backed Bitcoin treasury company Twenty One Capital (NYSE: XXI) announced its financial performance for the second quarter of 2026, reporting a net loss of $413.5 million, primarily due to the decline in the value of its Bitcoin holdings. The financial report shows that approximately $401.5 million of Twenty One Capital's second-quarter losses came from the decline in the book value of its Bitcoin assets.As the company uses Bitcoin as its core asset allocation, BTC price fluctuations directly impact its financial performance. New CEO Raphael Zagury stated that Twenty One Capital cannot exist solely as a "Bitcoin treasury company" in the future but needs to transform into a broader financial services platform.Zagury proposed that the company's next phase will focus on three main directions, including: expanding its business landscape through mergers and acquisitions; enhancing financing capabilities using capital market tools; and exploring Bitcoin-collateralized loan services.

According to Cointelegraph, the second-largest Ethereum treasury company SharpLink disclosed a net loss of $394 million in the second quarter of 2026, compared to a loss of $103 million in the same period last year. The losses include $321 million in unrealized cryptocurrency losses and a $76 million impairment on staked ETH.SharpLink's revenue in the second quarter was $11.5 million, with $11.1 million coming from ETH staking income; cash and cash equivalents were $56 million, up from $28 million in December 2025. SharpLink currently holds approximately 863,000 ETH, with a total value of $1.46 billion, ranking second. The company also holds 632,784 ETH and an additional 181,321 ETH through various liquid staking ETH tokens, valued at $1.2 billion and $343 million, respectively.After pausing purchases for 8 months, SharpLink resumed buying ETH in late June, initially purchasing $7.8 million worth, followed by another purchase of 10,000 ETH for approximately $16 million a few days later. The company's stock price fell 3.9% on Monday, with a cumulative decline of 30% for the year.

According to Globenewswire, the NASDAQ-listed TON ecosystem digital asset reserve company TON Strategy announced its financial report for the second quarter of 2026, holding approximately 230.5 million Grams as of June 30, of which about 229.9 million are staked, accounting for approximately 4.4% of the total supply of Grams, with the staked share accounting for about 35% of the total staked Grams in the network.In addition, the fair value of digital assets held by TON Strategy in the second quarter was approximately $36.95 million, up from $27.2 million at the end of March, earning approximately 9.4 million Grams in rewards through Gram staking, and confirming staking revenue of about $15 million, a significant increase from the 2.2 million Grams in the first quarter.In terms of finances, TON Strategy's revenue for the second quarter was $15 million, a substantial increase from $3 million in the first quarter; gross profit was $14.3 million, with a gross margin of 95%. The company's ongoing operations achieved an operating profit of approximately $500,000, while the first quarter previously recorded an operating loss of $3.7 million.

According to GlobeNewswire, eToro released its Q2 2026 financial report, showing a significant cooling in its digital asset business at the trading level, but the company continues to advance the infrastructure construction of on-chain finance.In terms of trading data, eToro's cryptocurrency trading volume in July was 1.4 million transactions, a year-on-year decrease of 73%; the average investment amount per cryptocurrency transaction was $182, a year-on-year decline of 50%. The revenue related to cryptocurrency assets in Q2 was $1.346 billion, down from $1.915 billion in the same period of 2025. Despite the decline in cryptocurrency business revenue, the company's overall net profit still grew by 77% year-on-year to $53.48 million.In terms of cryptocurrency strategic layout, eToro completed the acquisition of the digital asset self-custody platform Zengo and the Israeli cryptocurrency trading platform Bit2C in Q2 to strengthen its self-custody service capabilities and promote the integration of traditional finance with the on-chain economy. At the same time, the company also made a strategic investment in the on-chain perpetual contract platform Extended and became a founding partner of the Open USD stablecoin ecosystem alliance, further increasing its investment in on-chain trading and stablecoin infrastructure.As of the end of Q2, eToro's held cryptocurrency assets amounted to $49.95 million, down from $62.61 million at the end of 2025.