Strategy did not increase its holdings of Bitcoin last week, with US dollar reserves rising to $3.23 billion

Strategy will hold its 2026 Q3 earnings conference call on October 30th at 5:00 (UTC+8), which will be live streamed via Zoom, X, and YouTube. As of September 27th, Strategy holds 847700 BTC.

Upscale AI, supported by NVIDIA, has launched a cross vendor AI chip interconnection platform Token Fabric. The first version will be available in the fourth quarter of this year, and the complete platform is expected to be launched before 2027. Upscale AI completed a $190 million expansion round of funding in June this year, led by Premji Invest with participation from Nvidia, Salesforce, and Temasek. The company has raised a total of $500 million in financing and is valued at approximately $2 billion. (Source: Reuters)

The number of initial jobless claims in the United States for the week ending October 3rd was 197000, with an expected 200000. The previous value has been revised from 197000 to 199000. (Source: Jin Shi) AI interpretation: The lower than expected and historically low number of initial jobless claims directly proves the extremely strong demand in the US labor market. This tight employment environment provides support for wage growth, thereby exacerbating the stickiness of core inflation. The confidence of the Federal Reserve in maintaining a high interest rate policy has been strengthened, and market expectations for short-term interest rate cuts have been completely suppressed. This data clearly sends a signal of economic overheating, forcing investors to reassess the duration of the tightening cycle.

South Korean Deputy Prime Minister and Minister of Planning and Finance, Lee Jong Il, stated that opinions from the National Assembly, experts, industry professionals, and relevant stakeholders will be widely collected regarding the virtual asset taxation policy to be implemented in 2027. In response to Jin Xiangxun's doubts about insufficient infrastructure, Li Jiongri stated that it is currently difficult to accurately estimate the scale of tax revenue, and an evaluation will be conducted after the launch of the tax declaration system next year. (Source: chosun)

The large-scale IPO planned by Anthropic poses a challenge for investors on how to value a company that is feared to pose extreme risks. Dario Amodei has written about the possibility of humans losing control over AI systems and the risks of AI being used for cyber attacks, bioterrorism, and other purposes. (Source: Bloomberg)