US Senator Moreno told POLITICO that large banks are lobbying to obstruct the Clarity Act and attempting to use the recess to spread negative comments about Bitcoin. （The Bitcoin Historian）

AVAX One announced its Q2 2026 financial report, with revenue of $2.8 million, a more than fivefold increase from the same period in 2025, which was $452000. AVAX staking rewards amounted to $2.1 million, and Bitcoin mining revenue was $700000. Affected by asset impairment, the company incurred a net loss of $35.1 million in the second quarter, including unrealized losses of $29.75 million and impairment of $2.61 million in liquid collateral, resulting in an adjusted net loss of $2.2 million. As of August 13th, AVAX One holds 14.091 million AVAX and its equivalents, of which 800000 have been deployed to Treehouse. The company repurchased 144800 shares in the second quarter and accumulated 417500 shares since November 2025. It plans to convert the 100 kW production capacity of the Redwater facility to AI inference business, with an expected annual revenue of $11 million to $12 million and EBITDA of $2 million to $3 million in 2026.

Formula News founder Vida stated that he has reduced his Bitcoin position by one-third around $63000 and expects to buy back the position at a price of $45000 to $55000 within 1-3 years.

Bank of America research points out that the current US stock market is characterized by the late stage of the Internet foam in 1999, and the concentration of the S&P 500 is high and the funds continue to chase a few AI winners. NVIDIA collaborates with Wall Street giants to plan a $500 billion AI infrastructure financing, raising concerns in the market about the alignment between capital expenditures and performance returns. Bank of America believes that when chip and cloud manufacturers, as well as large technology companies, become the core drivers of index growth, the surface prosperity of the market masks internal fragility. If AI revenue returns slower than capital expenditure expansion, index volatility will be amplified.

According to Lookonchain monitoring, the Bitcoin short address 0x66f8 closed 2136 BTC short positions, earning $1.65 million. The address subsequently bought 200.82 BTC worth 12.74 million US dollars with a leverage of 40 times.