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- $1B Solana treasury company said to be in works by Galaxy, Multicoin, Jump
$1B Solana treasury company said to be in works by Galaxy, Multicoin, Jump
Bay Area Times
August 25, 2025
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Top stories today:
- $1B Solana treasury company in works by Galaxy, Multicoin, Jump
- Apple’s foldable iPhone said to debut fall 2026 with Touch ID return
- Trump seals deal for ~10% U.S. stake in Intel to boost local chipmaking
- xAI makes Grok 2.5 open-weights, with Grok 3 next, says Elon
- Powell signals Sep. rate cuts, Trump calls move “too late”
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All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. $1B Solana treasury company said to be in works by Galaxy, Multicoin, Jump
Cantor Fitzgerald will reportedly be the lead banker for the deal.
An unidentified publicly traded entity would be acquired to create the so-called digital asset treasury.
Early Sep.: the deal is expected to close.
The Solana Foundation has reportedly given its endorsement to the deal.
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3. Apple’s foldable iPhone said to debut fall 2026 with Touch ID return, book-style design
4 cameras, with 1 on the front and inside for selfies and video calls.
Lacks a SIM card slot to embrace eSIM.
In-house C2 modem as a replacement for Qualcomm’s chip.
In-cell touch screen to make its crease less obvious and improve touch accuracy.
Sep. 2025: Apple rumored to debut the iPhone Air, setting the stage for 2026 and 2027 iPhone shifts.
2027: a curved-glass iPhone is rumored to celebrate its 2- anniversary.
Apple Health+, a paid service, is rumored to launch next year with an AI coach for nutrition and medical advice.
