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06:17
Nakamoto reported a 500% quarter-on-quarter increase in revenue for Q1, but still recorded a net loss of $238.8 million.
Odaily reported that Bitcoin company Nakamoto's revenue in the first quarter of 2026 grew by 500% quarter-on-quarter, but the company still recorded a net loss of $238.8 million. The company stated that the loss was primarily due to a $107.7 million non-cash impairment related to an acquisition's pre-existing options, as well as a $102.5 million mark-to-market loss on its holdings of 5,058 BTC from a 23% price drop during the quarter. During the reporting period, Nakamoto completed the acquisitions of BTC Inc. and UTXO Management, did not increase its Bitcoin holdings, and sold 284 BTC on March 31 to cover operating expenses. CEO David Bailey said the company will continue to expand its Bitcoin reserves, services, and trading strategies, and plans to wind down its healthcare business by the end of the second quarter.
06:17
On the first day of Trump's tech delegation visit to China, related stocks surged, and the Nasdaq has risen a total of 4% since the initial report that business companies would be accompanying the trip.
BlockBeats news, on May 14, according to Hyperinsight monitoring, the US tech companies invited to visit China with Trump (including Apple, Nvidia, META and five others, making a total of seven) all saw their stock prices rise on the first trading day after arrival. This drove the Nasdaq to reach a new all-time high, with a daily increase of 1.2%. Since May 8 (GMT+8), when it was first revealed that business companies were invited, there has been a total increase of 4.03%. On the Hyperliquid platform, the largest long whale of XYZ100 (Nasdaq 100) continuously rolled positions and increased holdings since the first news exposure on May 8, accumulating 490 contracts (about $14.45 million) within the one-week window before the delegation landed. Position size expanded to $40.2 million, and as the Nasdaq continued to strengthen, current unrealized profit has reached $1.7 million.
06:13
The UK’s economic growth remains robust, but is threatened by the war in Iran and political turmoil.
```htmlGolden Ten Data reported on May 14 that the UK enjoyed strong economic growth momentum at the beginning of this year, but now faces risks due to the aftermath of the Iran war and the possibility of a prime minister change. The UK Office for National Statistics released data on Thursday showing that Gross Domestic Product (GDP) grew by 0.6% in the first quarter, higher than the previous quarter's 0.2%, marking the fastest growth rate in a year. This figure matches the median forecast among economists and exceeds the Bank of England's prediction of 0.5%. The strong start to 2026 was largely driven by robust growth in February, when the Iran war had not yet erupted and the economy grew by 0.4%. However, March also saw economic growth reach 0.3%, mainly supported by strong expansion in the services sector. Economists had previously expected a slight slowdown in growth for March. Despite the relatively optimistic economic situation, Labour suffered a crushing defeat in last week's local elections, making it difficult for Prime Minister Starmer to consolidate his position. Economists and investors warn that political turmoil will put pressure on the UK's economic outlook. The turmoil has already disrupted the bond market, pushing up borrowing costs for long-term bonds.```
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