One-liners across all four coverage areas: Treasury Companies, Diversified Crypto, Bitcoin Mining, and Macro & Crypto FX.
This week’s crypto tape had a split personality: Bitcoin flirted with $81K before Fed governor Kevin Warsh’s hawkish Jackson Hole debut sent it, and most of the market, reeling into Friday. Beneath the surface, though, the real story was dispersion: governance votes and tokenomics overhauls sent Solana, Polygon, and Ethena sharply higher, tokenized-equity narratives fueled explosive gains in Uniswap and Bullish, while Jito cratered on eroding protocol revenue and TRUMP ripped 43% on nothing more than a rumor.
On the equity side, Bitcoin miners’ AI pivot keeps cutting both ways, Bitdeer’s $4.7 billion Anthropic lease couldn’t offset dilution fears, and Iren’s AI backlog wasn’t enough to erase a $684 million impairment charge. Here’s what actually moved each asset, name by name.
