US Treasury may deploy nearly $1 trillion to fund the expansion of its US Treasury bond repurchase program.

According to GMGN market data, the meme token Artificial Inu (AI) on the Robinhood chain — which was previously bought by Ansem via trading signals — hit a new phase high of over $37 million in market cap today before pulling back. It is now priced at $27 million, with a 24-hour gain of 44.5% and 24-hour trading volume of $5 million. On August 21, Ansem purchased over $21,000 worth of the Artificial Inu meme token on the Robinhood chain, a move that sparked follow-up hype in the market. Artificial Inu integrates narratives around Shiba Inu, AI, and NVIDIA, and features a pairing mechanism with tokenized NVDA. BlockBeats reminds users that such tokens are highly volatile, so investors should exercise caution.

，《财富》刊文《一个新的加密巨头崛起了》盛赞 Hyperliquid。在上周于杰克逊霍尔举行的加密行业顶级盛会 SALT 会议上，Hyperliquid 成为全场热议的焦点。Hyperliquid 自 2023 年上线以来一直采取离岸模式运营，但其团队正加速推动在美国建立受监管业务。与多数折戟美国市场的离岸公司不同，Hyperliquid 拥有多重优势：CEO Jeff Yan 为美国出生，且据称获得特朗普及 CFTC 主席等有影响力人士对永续合约的支持。公司团队还包括拥有数十年传统金融信誉的 Schamis，以及致力于为 DeFi 在美国建立法律框架的知名加密律师 Jake Chervinsky。《财富》判断 Hyperliquid 可能突然成为 Coinbase、Kraken 和 Robinhood 等加密巨头的重大竞争威胁，如同 2017 年 Binance 横空出世。

Wells Fargo stated that Marvell Technology (MRVL.O) has delivered strong performance this year, and its stock price is expected to continue rising as the company prepares to release its latest quarterly earnings report. The firm assigned an "Overweight" rating to the chipmaker and raised its price target from $240 to $310, representing nearly 31% upside from last Friday’s closing price. "We view Marvell more as a chip company with independent growth logic, and its performance is likely to outpace the overall growth of the chip industry regardless of whether the sector is in a good or bad cycle," it noted.

According to monitoring by EmberCN, a crypto whale transferred 8 million USDC into Hyperliquid half an hour ago, opening long positions in BTC and ETH worth $71.8 million, with an unrealized profit of over $150,000. Notably, the whale opened the positions just before the release of news that the U.S. Treasury may deploy nearly $1 trillion to fund an expansion of the U.S. Treasury bond repurchase program. Its holdings are as follows: 600 BTC valued at $46.94 million, with an average long entry price of $78,032; 10,000 ETH valued at $24.89 million, with an average long entry price of $2,479.

Strategy today announced the establishment of a dedicated U.S. dollar liquidity pool named "USD Cash" under its Digital Credit Capital framework. The pool will be used for general Bitcoin financial company purposes, including purchasing Bitcoin, paying preferred stock dividends and debt interest, repurchasing common or preferred stock, repaying convertible bonds, and increasing U.S. dollar reserves. The company emphasized that its existing USD Reserve policy remains unchanged, continuing to be exclusively used for supporting preferred stock dividends and outstanding debt interest payments. USD Cash, as a complementary tool, grants management more flexible capital deployment capabilities to respond faster to market changes and price dislocations in Bitcoin or the company’s securities. As of August 23, the USD Reserve balance stood at $5.1 billion, while USD Cash’s balance was $1.59 billion. Both figures include expected cash proceeds from sold but unsettled at-the-money (ATM) shares. During the week of August 17 to 23, Strategy sold 18,261,118 common shares of MSTR solely via at-the-market follow-on offerings, generating net proceeds of $2.0065 billion. Of this amount, $136.4 million was used to repurchase STRC preferred stock, $300 million was added to the USD Reserve, and the remainder was allocated to USD Cash. As of August 23, the company’s Bitcoin holdings totaled 840,447 coins, with a total purchase cost of $63.36 billion and an average purchase price of $75,385. No Bitcoin transactions were executed during the week.

US Bitcoin treasury firm Strive announced it purchased 1,110 Bitcoin last week at an average price of roughly $73,409, a significant surge from its previous weekly buying scale. As of August 21, Strive holds a total of 21,356 Bitcoin, alongside 505,000 preferred shares of Strategy STRC (with a fair value of approximately $48.57 million) and around $171.9 million in cash.