Well done! You’ve made it to the finish line of the work week. Now it’s time to treat yourself to something tasty and read the weekly digest of the hottest news from HodlFM. As always, let’s start with our heartbreaking crypto.
Top Gainers and Losers
- Conflux (CFX) showed an incredible surge in price. It jumped by 56%, reaching $0.1737.
- Maple Finance (SYRUP) token climbed 30% and is now trading at $0.596.
- Ethena (ENA), a synthetic dollar, rose at 26% and brought its price to $0.508.
- Pump.fun (PUMP) continues to fall for the second week in a row. This time, it dropped nearly 50%, reaching $0.002489. However, it could be a good chance to buy the token.
- Sonic (S) dipped by 21%, continuing its slide to $0.327.
- Virtuals Protocol (VIRTUAL) lost 20% of its value this week and now trades at $1.52.
Meme of the Week
Strategy Is Launching New Stock to Boost $71 Billion Bitcoin Stash
Strategy, the largest corporate holder of Bitcoin in the world, is launching a new stock to raise new money for buying Bitcoin.
The new stock is called Stretch (STRC). It’s different from Strategy’s other financial products because it will pay a variable monthly dividend, not a fixed one. At launch, investors can expect a starting dividend rate of 9%, and the first payments will begin at the end of August.
The company plans to sell 5 million STRC shares at $100 each, raising $500 million in total.
"Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and for working capital," the firm said.
Besides STRC, Strategy has common stock MSTR (which doesn’t guarantee dividends) and preferred shares STRK, STRF, and STRD (which offer fixed dividends). The company also provides AI-powered enterprise analytics software.
As of mid-2025, the company owns 607,770 BTC, worth over $71 billion at today’s price of $117,363 per Bitcoin.
Strategy was originally a business software firm, but in 2020, it started buying Bitcoin as a way to protect itself from inflation. From that time, it has mostly bought and held Bitcoin, letting investors gain exposure to crypto through its shares on the stock market.
CryptoPunks Are on Top Again
NFT collections like CryptoPunks are back in the spotlight thanks to the surge in the price of Ethereum and Solana, the coins of the blockchains they’re built on.
Last Sunday was the busiest day for NFTs since February 2025. People bought and sold $26 million worth of tokenized JPEGs on Ethereum, according to a Dune dashboard. More than half of that came from CryptoPunks.app, the official marketplace of the once-hyped apes.
In the past week, the lowest price of CryptoPunk jumped by 20% from around 40 ETH to 48 ETH. In dollars, that’s a 45% increase from about $122,000 to $177,000. In total, 174 CryptoPunks were sold during the week, that’s 460% more than the week before.
Other popular Ethereum NFTs also went up in value:
- Pudgy Penguins rose 38% to $56,000
- Mutant Ape Yacht Club increased 26% to $6,300
- Fidenza NFTs, made by artist Tyler Hobbs, surged 64%.
NFTs on the Solana blockchain are also getting more popular:
- Mad Lads are up 27%, now worth $6,800
- Clarnosaurz jumped 47% to $2,100
- Monkey Business Gen2 rose 43% to $4,000
In the past seven days, Solana NFTs were sold for $9.3 million on secondary markets, up 59%, according to CryptoSlam. At the same time, Ethereum NFTs reached $105 million in sales, showing a 50% increase.
Netflix Uses Generative AI
“The Eternaut” is the first show from Netflix to use generative AI. This Argentinian drama shows the aftermath of a toxic snowfall that's killed millions of people. You can watch the trailer here.
On the Netflix Q2 2025 Earnings Interview, the streaming giant's co-CEO, Ted Sarandos, said the AI technology "represents an incredible opportunity to make films and series better, not just cheaper."
The creators of "The Eternaut" wanted to include a scene where a building collapses in Buenos Aires, and Sarandos said AI meant "they were able to achieve an amazing result with remarkable speed."
"In fact, that VFX sequence was completed 10 times faster than it could have been completed with traditional VFX tools and workflows," he told analysts.
Sarandos argued that AI could prove especially useful for bringing scenes to life that otherwise wouldn't be possible because of budget constraints.
"The creators were thrilled with the result. We were thrilled with the result. And more importantly, the audience was thrilled with the result," he added.
Fellow co-CEO Greg Peters says generative AI could also improve user experience. Thus, Netflix has been testing a new tool that allows viewers to ask for movie suggestions by voice, like: "I want to watch a film from the 80s that's a dark psychological thriller."
"If we do a better job there, that means every dollar that we spend means more value back to our members by connecting them with the titles that they're truly going to love," he said.
By the way, Golden Globe-winning films The Brutalist and Emilia Pérez used AI to modify actors' voices.
SpaceX Brings All Bitcoin Holdings Into One Wallet Due to Troubles With Trump?
This week, SpaceX made its first on-chain movement in the past three years — it transferred more than 1,300 Bitcoin (BTC), worth about $153 million. Bitcoins were moved from 16 wallets into one new wallet that supports SegWit, a more efficient type of Bitcoin address.
SegWit reduces the data stored on-chain, which results in faster processing and fee savings of about 30-50%.
After the transfer, SpaceX still holds over 6,900 BTC, worth about $810 million at today’s prices, in other identifiable wallets.
Let’s calculate how many bitcoins SpaceX owns in total using exact numbers:
6,977 + 1,308.45 = 8 285,45 BTC (worth nearly $989 million, according to bitcointreasuries.net).
Elon Musk’s other company, Tesla, owns even more Bitcoin. As of its Q1 2025 earnings report, Tesla holds 11,509 BTC, worth about $1.37 billion. Together, SpaceX and Tesla hold around $2 billion in Bitcoin.
The reasons why the company transferred Bitcoins remain unknown. However, it happened several days after the Trump administration initiated a review of SpaceX’s government contracts and shortly after a public argument between the U.S. President Donald Trump and Elon Musk.
Government contracts have served as a major financial lifeline for SpaceX, which has notched at least $1 billion worth of government contracts, loans, subsidies, and tax credits annually since 2016.
But maybe things aren’t that bad after all, Trump wrote yesterday on his social network TruthSocial:
Matvii Diadkov
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