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Strategy’s stock and treasury moves have grabbed fresh attention after the company’s executive chairman compared the firm’s returns to those of the so-called Magnificent 7 tech giants. Short and blunt: Strategy has leaned hard into Bitcoin, and recent numbers make a striking case.

Strategy’s Bitcoin Haul And Returns

According to posts by Michael Saylor, Strategy now holds about 638,460 BTC following a purchase of 1,955 BTC at an average price near 111,196. The company has spent roughly $47 billion, fees included, to build that stack at an average buy price of $73,880.

Based on reports, the current value of those holdings is about $71 billion. Those figures sit at the center of Saylor’s argument that his firm’s balance sheet strategy has paid off in ways typical tech plays have not.

Open Interest And Market Cap Comparison

Saylor also shared a chart that matched open interest against market capitalization. Strategy topped that metric at 100%, while Tesla registered 26%. The rest of the Magnificent 7 — Nvidia, Meta, Alphabet, Apple, Amazon, and Microsoft — came in well below Strategy’s reading.

According to his post, this comparison underpins the claim that Strategy’s market dynamics tied to Bitcoin have outpaced many heavyweight tech names.

What’s your Strategy to beat the Magnificent 7? pic.twitter.com/wywaAij3Rs

— Michael Saylor (@saylor) September 13, 2025

Magnificent 7 Face Headwinds

Based on reports, each of those big tech firms is dealing with different pressures. Apple and Microsoft face tougher regulatory checks.

Amazon is seeing slower consumer demand. Tesla must contend with rising competition in electric vehicles. Nvidia remains a strong performer because of AI chip demand, but even Nvidia’s run this year has not matched its earlier explosive gains.

Annualized returns presented by Saylor put Strategy at 91%, Nvidia at 72%, Tesla at 32%, Alphabet at 26%, and Meta at 23%. Microsoft, Apple, and Amazon showed significantly lower annualized gains in that comparison.

Other Firms Are Buying Bitcoin Too

Reports have disclosed that about 12 companies upped their Bitcoin holdings last week, led by Strategy’s 1,955 BTC purchase. Gemini added 1,191 BTC and Bitdeer took on 333.5 BTC.

Companies from Japan’s Metaplanet to China’s Cango and the US firm Volcon also added coins. According to BitcoinTreasuries.NET, the 100 largest public holders now control 1,009,202 BTC, which is valued at more than $117 billion today.

Bitcoin Could Be The Answer

“What’s your Strategy to beat the Magnificent 7?” Saylor asked on X, hinting that Bitcoin—and his company’s bold treasury bet—may offer the answer.

Whether investors see it as a challenge or a warning depends on how they weigh Bitcoin exposure against traditional tech growth.

Featured image from Unsplash, chart from TradingView

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Bitcoin and other cryptocurrencies made the whole world look at blockchain technology and its immense untapped potential. However, the arrival of a revolutionary technology like blockchain did not happen without some setbacks. The search for answers to “What is green blockchain?” has led to discussions about the environmental impact of blockchain. The term ‘green blockchain’ represents a new wave of innovation that aims to reduce the environmental footprint of blockchain technology.

Many people don’t know that the Proof of Work consensus mechanism used in blockchain networks consumes huge amounts of energy. One of the best examples of such blockchain networks is Bitcoin, which relies on crypto mining to verify and add transactions to its shared ledger. How much energy could the Bitcoin blockchain possibly consume that would cause harm to the environment? Let us find out the answer in a detailed guide on green blockchain. 

Unraveling the Meaning of Green Blockchain

The crypto mining process in Proof of Work consensus is a norm for verifying transactions in many blockchain networks. In this process, miners compete with each other to find solutions to mathematical problems and get the privilege to add transactions to the blockchain. The pursuit of mining rewards often undermines the substantial amounts of computational power required for mining. 

A review of the fundamentals of green blockchain explained for beginners would revolve largely around this issue. With the requirement of more computational power in mining, blockchain networks will consume more energy and impose a bigger carbon footprint. The road to achieve the vision for green blockchain will involve energy-efficient consensus mechanisms, renewable energy sources and layer 2 solutions.

Energy-efficient consensus algorithms can help in reducing energy consumption required to verify transactions in a shared ledger. As a result, the blockchain will be greener as it will consume fewer resources from the environment. The switch to renewable energy sources for traditional blockchain networks will also pave the road to green blockchain. Renewable energy from solar and wind will play a major role in reducing the carbon footprint of blockchain technology.

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Is Crypto Mining Bad for the Environment?

The growing momentum of discussions around green blockchain might have had you thinking about the reasons to talk about it in the first place. Wasn’t blockchain created as a perfect alternative to traditional centralized systems? You can understand the significance of green crypto mining only when you find the setbacks created by traditional cryptocurrency mining.

Blockchain technology gained recognition for its unique design that enabled computers on a distributed peer-to-peer network to reach consensus on updating a shared ledger of transactions. The earliest blockchain networks, Bitcoin and Ethereum, adopted the Proof of Work consensus mechanism that required competition for hashing data. The winner would get the opportunity to update the shared ledger and earn a mining reward, thereby transforming mining into a lucrative earning opportunity.

As the demand for crypto mining continues growing with the arrival of NFTs, new cryptocurrencies and other digital assets, the energy consumption has become a formidable concern. Just like any other business, miners would aim to reduce their costs and they can do the same by using cheaper energy sources like fossil fuels. However, burning fossil fuels creates a lot of greenhouse gases that are harmful for the environment. At the same time, drawing power from green energy sources can also lead to taking away energy from critical facilities.

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Road for Transformation to Green Blockchain

The pitfalls for the environment with blockchain networks that consume massive amounts of energy call for immediate green blockchain solutions. Interestingly, the energy consumption problem has been troubling the crypto community for a long time. Some critics have also pointed out that the environmental footprint of blockchain does not make it worth the effort to embrace the technology. However, you can also find solutions that aim to transform blockchain completely into a green technology. 

• Renewable Energy Sources 

Most of the crypto community agrees to the fact that blockchain networks like Bitcoin consume more energy. At the same time, the community also understands how the Proof of Work consensus and mining make Bitcoin unique, valuable and more secure. The urgency for developing renewable energy crypto coins is a direct call to resolve the problem of higher energy consumption in crypto mining. Most of the miners choose cheap energy sources like fossil fuels to earn more profit in mining rewards and end up causing more damage to the environment.

The shift to renewable energy sources for running and maintaining mining rigs will ensure a seamless transition to green blockchain. Members of the Bitcoin community have been looking for green energy sources in East Africa and El Salvador, which indicates the urgency of green blockchain. It is also important to understand that regulations for crypto mining will play a crucial role in fostering the adoption of renewable energy sources in crypto mining. As a matter of fact, the European Union and some other countries have been trying to create guidelines to prevent crypto mining initiatives that consume more energy.

• Energy-Efficient Consensus Mechanisms

Blockchain can achieve the transition into the green technology domain with the help of energy-efficient consensus mechanisms. Why shouldn’t you try other consensus mechanisms that don’t require energy-intensive mining? You can have a green crypto app that will not consume more energy when it has an energy-efficient consensus mechanism. The best example of a consensus mechanism that consumes less energy is Proof of Stake.

The Proof of Stake consensus requires picking validators to maintain the shared ledger on behalf of the entire network. Validators are picked on the basis of the number of tokens they stake in the network, thereby removing competition. As a result, the Proof of Stake consensus can work with a minimal amount of electricity. Ethereum showed the impact of Proof of Stake protocol by switching to the consensus mechanism and reducing energy usage by 99.9%. 

You can also come across examples of other energy-efficient consensus mechanisms that offer the same advantages as Proof of Stake. For instance, the Proof of History consensus mechanism of the Solana network helps in reducing energy consumption by almost 99%. 

The efforts to achieve green blockchain technology also focus on layer 2 solutions. With the help of layer 2 solutions, blockchain networks can reduce network congestion and energy consumption. The examples of green blockchain explained for beginners also include references to Lightning Network for Bitcoin.

Layer 2 solutions help in taking off many transactions from the main blockchain, thereby reducing the load on the network. With a lesser load, the network will consume lesser energy while ensuring faster, secure and transparent transaction processing.

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Final Thoughts 

The road to green blockchain is not far away with initiatives to make blockchain networks more energy-efficient being implemented everywhere. You can notice the shift towards green crypto mining in the case of Bitcoin. Members of the Bitcoin community have been exploring opportunities to use renewable energy sources. On top of it, some blockchain networks have changed their consensus mechanisms to reduce energy consumption. Ethereum is the ideal example you should consider to understand how consensus mechanisms can lower energy consumption by over 99%. Learn more about the different ways to leverage blockchain for promoting sustainability in the domain of technology with specialized blockchain certifications now.

Coinbase will launch Mag7 + Crypto Equity Index Futures to create the first US-listed futures product that combines traditional equities and crypto exposure, according to a Sept. 2 announcement.

The product will debut on Sept. 22, arriving less than two months after Coinbase began offering CFTC-regulated perpetuals to US customers in July.

The hybrid index tracks 10 equally weighted components: the seven largest US technology companies, known as the “Magnificent Seven,” Coinbase’s own stock, and BlackRock’s Bitcoin and Ethereum ETFs.

Each component represents 10% of the index, with quarterly rebalancing to maintain equal weightings.

The Magnificent Seven stocks include Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, and Tesla. The cryptocurrency exposure is provided through the iShares Bitcoin Trust ETF (IBIT) and the iShares Ethereum Trust ETF (ETHA), offering indirect access to the two largest digital assets by market capitalization.

Product structure

Coinbase positions the product as addressing investor demand for dual exposure to traditional financial instruments and digital assets.

The company stated that no US-listed derivative previously offered access to both equities and cryptocurrencies within a futures product.

The monthly cash-settled contracts represent $1 multiplied by the index value. At an example index price of $3,000, each contract would carry a notional value of $3,000. MarketVector serves as the official index provider for calculation and maintenance.

The launch builds on Coinbase’s derivatives expansion following its July introduction of CFTC-regulated perpetual contracts for US customers.

Those products offer up to 10x leverage with 0.02% fees on major cryptocurrencies, including Bitcoin, Ethereum, and Solana.

Coinbase frames the equity index futures as marking “the next evolution of our product suite” and paving the way for multi-asset derivatives that broaden access and efficiency for investors.

The company promises to expand availability to retail users in the coming months after the initial launch through partner platforms.

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Hassan Shittu

Journalist

Hassan Shittu

About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in…

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September 2, 2025

Blockchain-based lender Figure Technology Solutions Inc. is preparing to go public this month in one of the most closely watched listings in the crypto-fintech sector.

The company and its backers are seeking to raise up to $526 million through an initial public offering, according to a filing with the U.S. Securities and Exchange Commission.

According to a Bloomberg report, Figure plans to sell 21.5 million shares priced between $18 and $20 each, while existing shareholders are offering an additional 4.9 million shares. At the top of that range, the firm would command a market capitalization of $4.13 billion, surpassing its $3.2 billion valuation from a 2021 venture round.

The company is expected to price its shares on September 10, with trading set to begin on Nasdaq under the ticker symbol FIGR. Goldman Sachs, Jefferies, and Bank of America are leading the offering.

Figure IPO Follows Strong Revenue Growth and Blockchain Expansion

Founded in 2018 by Mike Cagney, the former chief executive of SoFi Technologies, Figure has positioned itself as a developer of blockchain-based solutions to streamline consumer lending.

The firm began with home equity line of credit (HELOC) products and has since expanded into crypto-backed loans and a digital asset exchange.

To date, it has originated or purchased more than $16 billion in loans on-chain. In August, the company increased its HELOC borrowing limit from $400,000 to $750,000 to capture a larger share of equity-rich homeowners.

Figure has also moved into artificial intelligence, using OpenAI’s technology to evaluate loan applications and Google’s Gemini chatbot to improve customer interactions.

According to its filing, customers for partner-branded HELOC loans in the first half of 2025 had a weighted average FICO score of 756, slightly higher than the 749 average for its own-branded loans.

The company’s growth trajectory has accelerated in 2025. For the six months ending June 30, Figure reported a net income of $29.1 million on revenue of $190.6 million, compared with a net loss of $15.6 million on $156 million in revenue during the same period last year.

Investors include Apollo Global Management, 10T Holdings, and Ribbit Capital. Despite the IPO, Cagney will continue to control a majority of the voting power, the filing shows.

Michael Tannenbaum, formerly with Brex and SoFi, was appointed CEO in 2024, tasked with guiding the company’s public market debut and scaling its blockchain-based lending products.

Beyond lending, Figure is pursuing regulatory approval for what it says could be the first U.S.-approved interest-bearing stablecoin structured as a security.

Figure’s offering follows a series of confidential filings earlier this year, with the company formally submitting its registration in mid-August.

Marketing presentations to investors emphasize its ability to pair blockchain efficiency with traditional financial rigor, noting cost reductions in loan origination and securitization.

In addition to loan products, Figure recently rolled out its Intellidebt solution, which has already helped customers pay off $133 million in debt by consolidating credit cards, auto loans, and personal loans into single payment structures.

Crypto IPO Rush Accelerates as Gemini and Circle Join Wall Street Frenzy

Crypto-linked companies are racing to public markets this fall, capitalizing on renewed investor appetite and favorable conditions in the U.S.

According to recent filings, Gemini Space Station, the parent of crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, is seeking up to a $2.22 billion valuation in its Nasdaq debut.

The New York-based firm plans to sell 16.67 million Class A shares at $17 to $19 each, potentially raising $317 million. Shares will trade under the ticker GEMI, with underwriters granted an option to buy an additional 2.5 million shares.

Ripple has backed Gemini’s listing with a $75 million credit facility, expandable to $150 million.

The surge in activity comes after Circle Internet Group’s successful market debut earlier this year, which more than doubled its value. It now boasts a $30 billion market cap.

The strong performance has fueled optimism that 2025 could mark a turning point for digital asset firms after years of regulatory and market headwinds.

Wall Street banks are fielding heightened demand from technology and crypto issuers. Goldman Sachs’ co-head of equity capital markets, Will Connolly, said firms are accelerating timelines, with some originally targeting 2026, now asking to move forward this year.

JPMorgan’s Keith Canton projects that dozens of IPOs could close before year-end, raising more than $15 billion.

Beyond traditional listings, crypto-focused special purpose acquisition companies (SPACs) are also entering the fray. Bitcoin Infrastructure Acquisition Corp., a Cayman Islands-based blank-check firm, filed to raise $200 million to target Web3, DeFi, and blockchain finance companies, listing on Nasdaq under the ticker BIXIU.

Other listings include Bullish, a Peter Thiel-backed exchange that raised $1.15 billion in its NYSE debut, entirely in stablecoins. Bullish joined Coinbase and Circle among the best-performing crypto IPOs of 2025, with Circle and CoreWeave delivering 336% and 132% returns, respectively.

With supportive policy shifts under the Trump administration and a buoyant risk environment, crypto IPOs are gaining momentum as firms rush to secure market share before year-end.

U.S. tech stocks came under pressure on Friday, driven by concerns about the rapid pace of investment in AI and a series of disappointing earnings reports in the semiconductor sector. The Nasdaq Composite fell 1.2%, closing out a week in which the tech-heavy index struggled to maintain recent highs.

Semiconductor sector hit hard

Among the notable tumblers, Marvell Technology plunged nearly 19%, resembling Bitcoin’s early days, after revealing that its data center revenue had failed to meet market expectations.

The stock was downgraded from “buy” to “neutral” by Bank of America in response to these earnings. Meanwhile, Nvidia, whose market capitalization makes it the largest listed semiconductor company globally, dropped 3.3% on Friday.

The company flagged ongoing uncertainty in its sales to China, largely due to U.S. export restrictions impacting its AI chips.

For the week, Nvidia shares fell 2.1%, marking their steepest weekly decline since May. Broader weakness in chipmakers dragged the Philadelphia Semiconductor Index to its lowest point since mid-April.

The S&P 500 also retreated, down 0.6% for its largest single-day drop of the month, though it still managed to finish August up 1.9%. The tech stocks selling is likely attributed to investors taking profits near month-end, especially after a hot August when technology shares led markets to record levels.

Tech stocks overheated and China uncertainties loom

Despite the hundreds of billions of dollars of investment already poured into data centers fueling generative AI projects like ChatGPT, actual revenues in this space remain relatively modest.

According to Morgan Stanley, generative AI products from major cloud providers such as Amazon, Microsoft, and Google brought in about $45 billion last year.

Marvell, a key supplier of custom semiconductors to these companies, has faced additional headwinds, including trade tensions and questions around its growth prospects. Its shares, which had previously surged on the AI hardware boom, have slumped more than 40% since the beginning of 2025.

Nvidia, meanwhile, awaits clarification from the U.S. government regarding a deal to resume H20 chip exports to China, with the administration set to collect a revenue share from those sales.

Chinese authorities have discouraged local firms from buying Nvidia’s technology, ramping up efforts to support domestic alternatives. Cambricon, a leading Chinese AI chipmaker, recently posted record profits and claimed advancements that bring its products closer to Nvidia’s standards, sending its stock price soaring.

Shares in U.S.-based Super Micro Computer, a vital part of Nvidia’s supply chain, fell 5.5% after reporting internal accounting challenges.

Bitcoin price slumps further into the weekend

While tech stocks and AI-linked companies face their own market turbulence, Bitcoin has not been immune to broader risk-off sentiment.

Bitcoin’s price fell below $108,000 on Saturday, heading into the weekend, down nearly 7% for the week and at its lowest point since July.

Selling has accelerated as investors react to persistent uncertainty around U.S. monetary policy, sticky inflation, and weakening labor market data.

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A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release.

The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could slow deployment.

The launch is backed by more than $100 million in contributions from high-profile investors and technologists. Notable supporters include venture capital firm Andreessen Horowitz (a16z), OpenAI’s Greg and Anna Brockman, Rob Conway, Joe Lonsdale, and AI startup Perplexity.

LTF’s mission

According to its mission statement, LTF intends to craft a bipartisan agenda that keeps the US at the center of AI development. The organization plans to build political networks across federal and state levels, ensuring technology-friendly candidates gain traction in future elections.

Collin McCune, head of government affairs at a16z, described the initiative as a milestone in the firm’s long-term strategy to support pro-technology lawmakers. He warned that failing to establish a favorable policy could cost the US its leadership role in the emerging industry.

Considering this, McCune stated:

“AI isn’t hype or science fiction, it’s already here. This technology can drive the next wave of American growth, create new jobs, and unlock productivity across every sector of the American economy. But make no mistake: this is also a race with China. If we don’t have the right policies, we risk ceding the future of AI, and with it, America’s economic strength and national security.”

The PAC will be directed by political consultants Zak Moffatt and Josh Vlasto. Initial operations will begin in New York, California, Illinois, and Ohio before expanding nationally in 2026. LTF will become active in the 2026 election cycle, financing campaigns aligned with its pro-innovation policy platform.

Following cypto’s example

The AI industry’s political push closely mirrors tactics used by the crypto sector during the last elections.

In the 2024 election cycle, crypto-funded PACs spent hundreds of millions to influence congressional races, from California’s Democratic Senate primary to tightly contested House contests in Virginia.

That investment has since paid significant dividends, with the US government now more inclined towards the industry and having implemented a series of pro-crypto initiatives designed to allow the space to thrive.

Still, the industry players have raised an additional $141 million to expand their lobbying presence in the forthcoming mid-term elections.

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