Companies

Companies coverage from the StreamSage Companies desk: Large Cap, Small Cap, Public, Private. Sources on every story. Page 9.

• Hyperscale Data halts Bitcoin mining for AI contract

  The Michigan data center shutdown paves the way for a 20-year AI deal potentially worth over $1.2 billion, per Decrypt reporting.

• Remixpoint sells altcoins to leave Bitcoin-only treasury

  The Japanese firm sold ETH, SOL, XRP, and DOGE on Sept. 1, booking a ¥117.8 million net gain.

• Banks report varied BaaS strategies in earnings

  Fifth Third, The Bancorp, and First Internet disclosed different approaches to managing deposits and fees from FinTech partnerships.

• Polymarket Opens Public Perps Trading With 20x Leverage

  The prediction market listed 67 perpetual futures contracts on stocks, crypto, and commodities on Thursday.

• Anthropic releases commerce agent blueprint for retailers

  Anthropic's new Claude-based toolkit omits payment protocols, leaving checkout to existing partners like Visa and Mastercard.

• Nscale Commits Up to $6 Billion to Power Figure Robotics AI

  Nscale will deploy up to 100,000 Nvidia chips starting in late 2026, per PYMNTS.

• OpenAI Releases GPT-6 Astra With Perfect ExploitBench Score

  OpenAI designated GPT-6 Astra as a critical cybersecurity model after it scored 100% on ExploitBench and found two new V8 zero-days.

• Curve DAO approves yRisk as risk provider for crvUSD

  Curve veCRV holders voted to fund yRisk, the two-person team behind a Resupply exploit, in a mandate closing September 2.

• Hyperliquid Strategies raises equity facility to $2.5 billion

  The Nasdaq-listed company expanded its committed facility with Chardan Capital Markets from $1 billion to $2.5 billion, with roughly $763.7 million already raised.

• Strive CEO sees path to second-largest public bitcoin holding by year end

  Strive bought 3,156 BTC in August and holds 23,156 BTC, while warrants expiring in October could unlock $1.4 billion in buying capacity.

• Standard Chartered launches institutional Bitcoin trading in the UAE

  The bank, which began digital asset custody in the UAE in 2024, says the service is the first of its kind in the country.

• SoFi and Payward Link Banking Network With Kraken Infrastructure

  Payward joins SoFi’s real-time settlement network while SoFiUSD lists on Kraken, with SoFi using Kraken Prime for liquidity outside banking hours.

• 21 Banks Commit to Joint US Dollar Stablecoin Venture

  Goldman Sachs, Bank of America, and Citi anchor a consortium targeting a first-half 2027 launch, following the group’s expansion from 10 to 21 institutions.

• Caterpillar CEO sells $26M of stock weeks after record quarter

  Joseph Creed exercised options with a 2031 expiration date, while shares have fallen 16% since the earnings report.

• Hyperscale Data stock hits all-time low as Michigan site shifts to AI

  The company turned off all bitcoin miners at its Michigan facility to prepare for AI infrastructure deployment.

• Strategy CEO Defends Bitcoin Sale as Right Trade

  Phong Le says Strategy's small bitcoin sale strengthened its balance sheet, with the firm holding 845,050 coins.

• Strategy CEO defends bitcoin sale before buying back at higher price

  Phong Le said Strategy sold 7,000 BTC at $60k-$65k and resumed buying near $80k to fund dividends and reduce debt.

• Allbirds rebrand to AI company Smartbird ends in 90% stock drop

  Shares spiked over 800% on the pivot announcement, peaked near $24 in April, and have since fallen to approximately $2.50.

• IREN earns 82% of revenue from Bitcoin after AI pivot

  IREN's FY2026 revenue hit $707 million, with $578.2 million from mining and a $702.6 million net loss.

• Genius Group to Acquire $827M in Bitcoin via Preferred Securities

  The company issued a $1.2 billion shelf registration in July to fund a new dual treasury strategy for bitcoin and AI.