Ionic Digital's Q2 revenue was $48.6 million, with AI leasing being the main source of revenue

Japanese Bitcoin treasury company Remixpoint has updated its cryptocurrency asset valuation profit and loss as of today, with an overall floating profit of approximately 423 million yen on its holdings of cryptocurrency assets, an improvement of approximately 2.37 billion yen from the end of June, including a floating profit of approximately 433 million yen on its Bitcoin holdings.

HyperliquidNews stated on the X platform that the trading volume of tradeyz reached $500 billion, with an additional $25 billion in trading volume taking 9 days and the first $25 billion in trading volume taking 107 days.

According to Sina Finance, Michael Bury stated that AI chip company Etched is a serious competitor to Nvidia, with Etched chips improving performance by 10 times and having lower costs. About 15% of Etched's employees come from Nvidia, and on August 18th, it completed a $700 million financing with a valuation of $21 billion. Its chips were put into operation in just 44 days.

According to The Energy Mag, Bitcoin mining company Ionic Digital released its second quarter financial report, with revenue increasing by 31% year-on-year to $48.6 million. AI infrastructure leasing contributed $43.8 million, while Bitcoin mining revenue decreased to $4.8 million. Ionic Digital's adjusted EBITDA was $37.6 million, with a net loss of $35.3 million, mainly due to a non cash loss of $28.2 million caused by changes in fair value of cryptocurrency assets. Ionic Digital held cash of $415.7 million and 2882 bitcoins at the end of the quarter, with no outstanding loans.

Coinbase CEO Brian Armstrong stated that regardless of whether large banks support it or not, the Bitcoin and Crypto Clarity Act will receive bipartisan support and ultimately pass. （The Bitcoin Historian）