Week #49

USD/BTC = $65,155
Block 961,758

Here are the stocks I plan on buying this week:Here are the stocks I plan on buying this week:

🐂 = Bull Case
🐻 = Bear Case

Latest Updates:Latest Updates:

Fold Adds new KYC Partner & Switches from Sutton Bank to Lead Bank to bring more financial services to Fold customers.Fold Adds new KYC Partner & Switches from Sutton Bank to Lead Bank to bring more financial services to Fold customers.

Fold Selects Persona to Enhance Fold’s Identity Verification Infrastructure and Improve the Customer Onboarding ExperienceFold Selects Persona to Enhance Fold’s Identity Verification Infrastructure and Improve the Customer Onboarding Experience

August 3, 2026

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Strengthened identity verification layer is faster, smoother and more reliable, as Fold continues to scale its customer experience and benefitsStrengthened identity verification layer is faster, smoother and more reliable, as Fold continues to scale its customer experience and benefits

PHOENIX, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save and spend bitcoin through everyday financial tools, today announced an upgrade to Fold’s identification verification infrastructure. The company has selected Persona, the leading verified identity platform, to strengthen how Fold verifies and protects customers.

Persona will power verification within Fold’s sign-up flow, creating a more connected process designed to support greater visibility, simpler navigation, and an advanced customer experience. Fold's identity verification now runs through Persona as of July 14, replacing the system Fold used to rely on. The new verification layer makes the onboarding process faster and more reliable, and gives customers who need additional steps a clearer, more guided path through the set up flow. The integration also gives Fold better visibility into how customers move through verification, helping the company address friction points as they come up.

“Identity verification is a critical step in onboarding. It’s one of the first places customers see whether a product is simple, user-friendly, and built with them in mind,” said Will Reeves, Chairman and CEO of Fold. “Working with Persona allows us to bring identity verification more directly into the Fold experience, creating a process that feels native to our product with a smoother, more reliable sign-up experience. We believe this improved onboarding experience will improve both customer conversion and supportability.”

Fold Taps Lead Bank as Core Banking Partner to Advance Fold’s Growing Financial Services PlatformFold Taps Lead Bank as Core Banking Partner to Advance Fold’s Growing Financial Services Platform

August 6, 2026

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A Strategic Banking Partnership Designed to Support Fold’s Expanded Account Capabilities and Future Product GrowthA Strategic Banking Partnership Designed to Support Fold’s Expanded Account Capabilities and Future Product Growth

PHOENIX, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save and spend bitcoin through everyday financial tools, today announced it has selected Lead Bank as a new banking partner.

The first publicly-traded bitcoin financial services company, Fold has partnered with Lead Bank to strengthen its banking foundation and support the next phase of its growth. Lead Bank, an FDIC-insured institution, will support Fold’s accounts, deposits, withdrawals, and bitcoin trading. The partnership enhances Fold’s financial infrastructure, giving it the ability to build, launch, and scale new products for its customers.

“This marks an important step forward in Fold’s evolution as a full-featured financial services platform,” said Will Reeves, Chairman, CEO and Founder of Fold. “Fold has always worked to make bitcoin part of how people manage money day to day. With Lead Bank as our banking partner, we're better positioned to keep building products that bring bitcoin into everyday life.”

“Fold has been a pioneer in making bitcoin accessible and useful in day-to-day financial services. Lead's embedded banking infrastructure, combined with the digital asset expertise of our teams, makes for a strong partnership that supports Fold's impressive pace of innovation,” shared Jake Mendel, Head of Strategic Partnerships, Lead. “Lead is thrilled to support Fold’s continued growth by providing the underlying infrastructure that powers the core Fold experience.”

The new banking relationship is expected to support expanded account functionality over time, which will include new ways for customers to buy and earn bitcoin through the Fold App. Planned customer-facing features are expected to launch in phases starting later this year, and are expected to ultimately include**:

• Passthrough bitcoin buys: instant BTC purchases* funded from Fold's FBO balance
• ACH origination: pull deposits, push withdrawals, and outgoing 3rd-party payment
• Same-day ACH, and standard ACH deposits
• FedWire and FedNow transfers (incoming and outgoing)
• Instant withdrawals available 24/7/365 via FedNow
• Higher deposit and withdrawal limits
• Direct deposit with early fund availability
• Auto-stack bitcoin purchases* from external bank accounts
• Account with routing and account number

Fold expects to begin transitioning customer accounts to Lead Bank later this year and is focused on ensuring a smooth customer experience throughout the process.

“Our priority is to introduce new capabilities thoughtfully while continuing to improve the Fold experience for customers,” Reeves added. “As we move into this next phase, we remain focused on building products that bring bitcoin to the everyday person.”

This announcement follows several recent milestones for Fold, including the rollout of the Fold Bitcoin Credit Card, which is not part of the Lead Bank partnership, and recent capital transactions to improve Fold's ability to scale its consumer and enterprise platforms.

NAKA Lets go of the Kindly LLC CMO gets $1M paymentNAKA Lets go of the Kindly LLC CMO gets $1M payment

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 3, 2026, Tim Pickett resigned from all positions that he held with Nakamoto Inc., a Delaware corporation (the “Company”), and its affiliates, including as a director of the Company, Chief Medical Officer of the Company, and Chief Executive Officer of Kindly LLC, in each case effective August 3, 2026. Mr. Pickett’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s financial reporting, operations, policies or practices. The Company thanks Mr. Pickett for his service and contributions.

On August 3, 2026, the Company and Mr. Pickett entered into a Separation Agreement and Release (the “Separation Agreement”). Subject to Mr. Pickett’s execution and non-revocation of the Separation Agreement, the Company agreed to pay Mr. Pickett a separation payment in the gross amount of $911,468.58, less applicable tax withholdings and other lawful deductions, payable in a single installment on or during the first scheduled Company pay cycle occurring after the date that is one week following the Separation Agreement Effective Date (as defined below).

BitGO adds Link & and a derivatives platformBitGO adds Link & and a derivatives platform

BitGo Launches Link, Giving Institutions One Borderless Network to Move CapitalBitGo Launches Link, Giving Institutions One Borderless Network to Move Capital

August 3, 2026

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NEW YORK--(BUSINESS WIRE)-- BitGo Holdings, Inc. (NYSE: BTGO) ("BitGo" or the "Company"), the digital asset infrastructure company, today announced the launch of BitGo Link (“Link”), a centralized control layer connecting institutional clients' exchange accounts directly to the BitGo platform. Link gives trading and treasury teams a unified way to manage their capital across BitGo and a large network of leading exchanges.

Clients already rely on BitGo's Go Network to settle transactions and connect to liquidity within qualified custody. Link is the newest addition to that connectivity stack, extending the ability to transfer and control assets on connected exchanges from one place. Together, they form a single, borderless money movement layer, giving clients, for the first time, a clear view of where their capital sits, inside and outside of BitGo, and the ability to deploy it efficiently to support trading, treasury, and financing workflows.

BitGo Link provides a streamlined operational experience across venues with:

• Portfolio-wide visibility: real-time, granular visibility into total buying power across BitGo and non-BitGo accounts, including sub-accounts at connected exchanges.
• Automated management tools: one-click transfers from the BitGo platform, whether to rebalance across venues, meet margin or liquidity needs, or respond to market opportunities, with automatic reconciliation against exchange records and visibility into transaction status from initiation through settlement.
• Secured movement: every Link transfer routes through BitGo's Policy Engine, applying the same approval controls that protect BitGo wallets for institutions today.
• Centralized governance: admin roles and permissions extend to every connected exchange account, so a single admin can grant and manage access without repeating setup at each venue.

“Link makes BitGo the command center for institutional treasury and trading," said Mike Belshe, CEO and Co-founder of BitGo. "One network, no borders: governance travels with the capital, wherever it moves."

Link rounds out BitGo's full-stack approach to institutional digital assets: regulated qualified custody, secure capital and asset movement through the Go Network, and BitGo Prime's global liquidity layer of trading, financing, and collateral management services. Collectively, these bring custody, connectivity, and Prime services onto one trusted platform, giving clients a single way to effectively deploy the assets they hold.

Over time, BitGo expects to expand Link to additional exchanges and treasury workflows, extending this network even further.

BitGo and Derive Advance Institutional Onchain Derivatives with Regulated Collateral InfrastructureBitGo and Derive Advance Institutional Onchain Derivatives with Regulated Collateral Infrastructure

August 4, 2026

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NEW YORK--(BUSINESS WIRE)-- BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced an integration with Derive Labs, Inc. (“Derive”), an onchain derivatives exchange designed for professional traders and institutions, expanding institutional access to onchain options and perpetual futures while enabling eligible clients to maintain collateral within BitGo's regulated infrastructure.

The integration enables eligible institutional clients to access Derive’s onchain derivatives markets while collateral remains held within BitGo Bank & Trust, National Association (“BitGo Bank & Trust”), an OCC regulated digital asset trust bank. Clients benefit from Derive’s electronic execution, portfolio margining, and onchain options liquidity while leveraging BitGo Bank & Trust’s regulated custody and collateral framework. By separating asset custody from trade execution, the model aims to reduce exchange counterparty exposure, asset commingling risk, and operational complexity while supporting more capital-efficient participation in onchain markets.

"Institutional markets are built on the separation of custody and trading," said Adam Sporn, Head of Institutional Sales and Prime Brokerage at BitGo. "We believe bringing that same model to digital assets is critical for the continued long-term institutional adoption. As new sources of liquidity emerge, our goal is to enable clients to maintain a consistent, trusted custody and operational framework while accessing execution that best fits their strategy."

Derive has processed more than $30 billion in cumulative notional volume giving institutions access to established electronic derivatives liquidity, now through BitGo's institutional infrastructure.

“Institutions use options to hedge risk, generate yield and construct exposures that cannot be replicated efficiently through spot or perpetual futures alone,” said Nick Forster, Founder and CEO of Derive. “Until now, accessing these markets onchain has often required institutions to compromise on their preferred custody model. By integrating with BitGo, clients can access Derive’s liquidity and capital-efficient margin system while keeping their underlying assets within the custody framework their risk and compliance teams already trust.”

As institutions increasingly execute across a growing range of trading venues and execution models, BitGo remains committed to giving clients the flexibility to choose where they trade while preserving the operational controls and risk management standards they expect. BitGo's institutional collateral framework continues to serve as the foundation for a growing range of workflows allowing clients to deploy capital more efficiently across digital asset operations.

Angel reports Q2 earningsAngel reports Q2 earnings

| Angel Reports Second Quarter 2026 Results: Guild Membership Climbs 99.2% Year-Over-Year

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| ~ Guild Revenue of $90.7 Million, Up 93.8% Year-Over-Year ~
~ Guild Selling & Marketing Expense Falls to 52.8% of Guild Revenue in Q2 2026, Reduced from 71.6% in Q2 2025 ~PROVO, Utah - Angel (NYSE: ANGX) (the "Company"), a media and technology company successfully pioneering a first of its kind audience-driven model in which Angel Guild community members watch, screen and vote on which films and television series get distributed on the Angel platform, today reported financial results for the second quarter ended June 30, 2026.A Growing Community Choosing Values-Driven EntertainmentAt the center of Angel's second quarter is the continued, accelerating growth of the Angel Guild. The Guild grew from 2.22 million to 2.61 million paying members during the quarter, a 17.6% sequential increase and 99.2% growth from 1.31 million members in the second quarter of 2025.That momentum has continued past quarter-end: as of July 31, 2026, the Angel Guild has surpassed 2.85 million paying members. During the quarter, the Company also began publishing Guild membership figures in real time at angel.com/impact, giving members and the public ongoing visibility into the community's growth.The Angel Guild's recurring revenue stream reflects this community expansion directly: Guild revenue grew 93.8% year-over-year to $90.7 million, and in Q2 2026, represented approximately 81.2% of total Company revenue.Growing the Community Efficiently- Q2 2026 Angel Guild membership grew approximately 390,000 vs 230,000 members in Q2 2025 (69.6% increase), while Guild selling and marketing expense increased by only 43.0%.

• Guild selling and marketing expense was 52.8% of Guild revenue in Q2 2026, compared to 71.6% in Q2 2025, reflecting improved efficiency in acquiring and retaining members as the Guild scales.
• Positive operating cash flow of $16.9 million in Q2 2026, compared to ($10.6) million in Q2 2025, a $27.5 million year-over-year improvement, driven partly by strong Guild membership growth with reduced selling and marketing expenses as a percent of revenue.Message from our CEO"Guild membership is up 99% year-over-year while we cut Guild marketing spend as a share of Guild revenue by more than 26%," said Neal Harmon, co-founder and CEO. "That's the model working on Angel's proprietary tech platform: audience-driven curation, values-based storytelling, and filmmaker rev-share are making Angel stronger, more efficient, and harder to replicate with every film release and with every new Guild member."Second Quarter 2026 Financial ResultsAngel Guild revenue was $90.7 million in Q2 2026, up 93.8% year-over-year from $46.8 million in Q2 2025, and up 8.9% sequentially from $83.3 million in Q1 2026. Guild revenue growth was driven by 99.2% year-over-year growth in paying memberships.Total revenue was $111.7 million in the second quarter of 2026, compared to $87.6 million in the second quarter of 2025, an increase of 27.5%.Gross Margin percentage was approximately 54%, compared to approximately 69% in the prior-year period. The largest driver of that decline was a shift in revenue mix: Q2 2025 included a heavy concentration of theatrical revenue (King of Kings), which carries structurally higher gross margins.Total operating expenses, excluding cost of revenues, were $78.5 million in the second quarter of 2026, compared to $81.7 million in the second quarter of 2025. Sales and marketing was managed to $61.1 million in Q2 2026, which was slightly less than $61.5 million in the same quarter last year on a significantly higher revenue base. Operating loss was $18.5 million in the second quarter of 2026, compared to an operating loss of $21.3 million in the second quarter of 2025.Angel had positive operating cash flow of $16.9 million in Q2 2026, compared to ($10.6) million in Q2 2025.Net loss was approximately $23.8 million in the second quarter of 2026, compared to a net loss of $15.7 million in the second quarter of 2025. Net loss per share was $0.129, compared to $0.106 per share in the second quarter of 2025.Adjusted EBITDA¹ was a loss of approximately $11.7 million in the second quarter of 2026, compared to Adjusted EBITDA of $4.0 million in the first quarter of 2026 and an Adjusted EBITDA loss of approximately $17.5 million in the second quarter of 2025. Year-to-date Adjusted EBITDA loss was $7.7 million in the first half of 2026, compared to an Adjusted EBITDA loss of $46.2 million in the first half of 2025.LiquidityAs of June 30, 2026, Angel had cash and cash equivalents of $48.0 million, compared to $44.1 million as of December 31, 2025, and $28.0 million as of June 30, 2025. The Company did not draw on the Trinity credit facility in Q2. Bitcoin holdings remain unchanged at 303.1 BTC.OutlookThe Company has slated seven theatrical releases in the second half of 2026, with each release benefiting from the interest and word of mouth of current Guild members and serving as a growth driver to attract new Guild members. We have seen significant growth in Guild membership tied to our past theatrical releases, and anticipate continued Guild growth as a result of our future theatrical releases. For example, based on our deep-attribution models, the top eight highest-acquiring films driving Guild memberships were first released in theaters by Angel.The Company reiterates its previously stated guidance to reduce its full-year 2026 Adjusted EBITDA loss to no more than $25 million. |

Cipher reports Q2 EarningsCipher reports Q2 Earnings

Cipher Digital Provides Second Quarter 2026 Business UpdateCipher Digital Provides Second Quarter 2026 Business Update

PDF Version

Aug 4, 2026 

Black Pearl Data Center Delivery Accelerated

Acquired Option for 900 MW Site Near San Antonio, Texas

Completed Project-Level Financing to Fully Fund Third Data Center Development

NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Cipher Digital Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer, owner, and operator of industrial-scale data centers, today announced its second quarter 2026 financial results, with an update on its operations and business strategy.

As part of this update, Cipher disclosed an amendment to its Black Pearl campus lease with its investment-grade hyperscale tenant, accelerating the development timeline of initial capacity at the tenant's request. Under the amended terms, Cipher began delivering data center capacity at the beginning of August, two months ahead of the original schedule.

“We are proud to have delivered our first HPC data center capacity ahead of schedule and announce that rent has commenced at the site,” said Tyler Page, Chief Executive Officer. “This accelerated delivery proves we can execute at scale, with speed, and without compromise in a challenging environment. As we continue to acquire new sites and sign new deals, our foundation of disciplined execution is what truly sets us apart.”

Cipher also today announced it has acquired an option on a new site called Apollo for up to 900 MW, located within 25 miles of San Antonio, Texas. The site spans approximately 288 acres and has been submitted as a studied load in Batch Zero through ERCOT's updated process. The site's flat, buildable terrain makes it well-suited for large-scale data center development, and its proximity to San Antonio positions it favorably for fiber connectivity. Cipher moved quickly to secure the option, reflecting the Company's ability to identify and act on attractive opportunities as they arise in the market.

In the second quarter, the Company also built on strong momentum from previous quarters by completing another highly successful bond offering. The offering fully funded the Company’s Stingray development through substantial completion and reimbursed Cipher for $56.7 million of previously funded project expenditures.

“A core strength of our strategy is its repeatability, and in the second quarter, we demonstrated that once again. We accessed capital markets to fund another one of our leases, secured an option on a new site, and delivered accelerated capacity to our tenant, further building our position as a leading HPC development platform," said Tyler Page. “We look forward to carrying this momentum into the third quarter, where we expect to make significant additional progress.”

Finance and Operations Highlights

• First data center capacity at Black Pearl delivered in August, with rent commenced
• Secured option for new Apollo data center site with up to 900 MW near San Antonio, Texas
• Completed bond offering to fully fund Stingray data center development
• Barber Lake data center continues to progress towards completion as tenant has commenced beneficial use of the facility, including partial occupancy of the building and deployment of network racks
• Black Pearl data center continues to progress towards completion with remaining Phase I data halls moving through MEP fit-out and Phase II concrete foundations, building steel, and underground electrical in progress
• Stingray data center construction continues to progress on schedule, with earthwork, grading, pad preparation, and underground electrical work all underway
• Q2 2026 Revenue of $25 million and Adjusted EBITDA of negative $30 million

Space X reports Q2 EarningsSpace X reports Q2 Earnings

SpaceX Reports Second Quarter 2026 Results

• Demonstrated the power of extreme vertical integration, delivering revenue growth of 92% year-over-year

across Space, Connectivity and AI

• Completed two successful Starship V3 flight tests in the past 90 days, advancing towards full and rapid

reusability

• Closed multiple industry-leading Cloud Services Agreements resulting in $14.1 billion of contracted sales

• Announced agreement to acquire Cursor for $60 billion to accelerate the AI enterprise opportunity

• Released our most powerful AI model yet with Grok 4.5 in July

• Delivered 66% revenue and 79% income from operations growth year-over-year for the Connectivity segment,

driven by a doubling of Starlink Subscribers and continued momentum in Enterprise & Government

• Awarded over $6 billion in multi-year U.S. government contracts for Starshield

SpaceX (Nasdaq: SPCX) announced the following financial results for the quarter ended June 30, 2026, as compared to

the prior year quarter:

• Revenues of $7.8 billion, up 92% from $4.1 billion

• Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion

• Adjusted EBITDA of $3.5 billion, up 191% from $1.2 billion

CFO Commentary:

2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue

growth accelerated across all our business segments and we delivered strong operating leverage, with significant

margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber

growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to

drive meaningful scale and deliver attractive returns.

As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended

the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog.

This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and

our AI platform, while maintaining a disciplined long-term capital allocation framework.

IREN reported Q2 EarningsIREN reported Q2 Earnings

https://iren-corporate-website.s3.us-west-2.amazonaws.com/payload/Q3%20FY26%20Results%20Presentation_compressed%20%281%29.pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=AKIA5T5A6IK4TLR62K4V%2F20260809%2Fus-west-2%2Fs3%2Faws4_request&X-Amz-Date=20260809T184833Z&X-Amz-Expires=900&X-Amz-Signature=1c09d188a63ca6b73e31f45911b85e2280f5be9ca462c44befdb0f9c3055b7fb&X-Amz-SignedHeaders=host&x-amz-checksum-mode=ENABLED&x-id=GetObject

Commentary:Commentary:

After a slow week last week, many of the companies had something to report today. More to come next week as more compaines report Q2 earnings. Crazy to see Space X burn cash, and Angel not profitable but crazy membership growth and trimmed the fat in marketing it seems. Overall a good week.

Until next week!!