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Share link:In this post: Berkshire Hathaway stock has stayed below its 200-day moving average for six weeks, its longest slump in three years. Buffett’s firm cut $9.2B from Apple, trimmed Bank of America, and dumped its $1B stake in T-Mobile US. Berkshire invested $1.6B in UnitedHealth, even as the company faced a federal probe and CEO resignation.
Share link:In this post: Meta is planning its fourth reorganization of AI projects within just six months. The reorganization will take place under Superintelligence Labs. Meta aims to surpass rivals like Google, China’s DeepSeek, and OpenAI in the AI race.
Share link:In this post: President Trump has reportedly introduced a White House “scorecard” ranking over 500 companies by their loyalty to his administration. Firms with public support, such as Apple, Nvidia, AMD, Uber, and AT&T, have gained exemptions or lucrative deals. Trump’s unpredictable interventions across industries are creating major risks for investors.
Pi Coin struggles at $0.383 as investor sentiment falls to a 4-month low, facing $0.401 resistance and support at $0.362.
- 14:22Bitcoin Asset Management and Mining Firm LM Funding America Secures $23 Million in Funding to Expand Bitcoin TreasuryAccording to ChainCatcher, Nasdaq-listed company LM Funding America, Inc. (stock symbol: LMFA) recently announced the completion of a financing round totaling approximately $23 million, including a $12.6 million registered offering and a $10.4 million private placement. The company stated that the net proceeds from this offering will primarily be used to expand its Bitcoin asset reserves. As a financial services firm focused on Bitcoin asset management and mining operations, LM Funding launched its Bitcoin treasury strategy in 2021 and expanded its mining business in 2022. To date, the company has accumulated a total of 150 Bitcoins and possesses 26 megawatts of proprietary mining capacity. Recently, LM Funding also announced plans to acquire an 11-megawatt mining facility in Columbus, Mississippi from Greenidge Generation, further expanding its low-cost mining capabilities.
- 14:22Bitget Launches 5th Trading Club Competition with Individual Rewards Up to 800 BGBBitget launches the 5th Spot Trading Club Competition, with a total prize pool of 80,000 BGB. This event features two sub-pools, including: - Points Challenge Prize Pool: For every specified tier of daily accumulated purchase amount reached, users earn 1 point. Points can be accumulated across multiple tiers, and there is no daily cap on points earned. Users who meet the winning criteria will have the chance to unlock an airdrop reward of 30,900 BGB. This prize pool covers spot trading, excluding stablecoins and zero-fee trading pairs. - Leaderboard Competition Prize Pool: Users who rank in cumulative purchase amounts can unlock corresponding rewards, with a maximum of 800 BGB per person and a total prize pool of 49,100 BGB. This prize pool is limited to spot trading of selected tokens (BTC/ETH/BGB/XRP/SOL). This event is open only to active users on the platform. Detailed rules have been published on the official Bitget platform. Eligible users can click the "Join Now" button to register and participate. The event runs from August 21, 00:00 to August 26, 23:59 (UTC+8).
- 14:17The U.S. Department of Justice Places Great Emphasis on the Criminal Investigation Involving Federal Reserve Governor CookAccording to a report by Jinse Finance, officials from the U.S. Department of Justice stated that the Department has received a criminal investigation referral related to Federal Reserve Board member Cook and is treating the matter with utmost seriousness.