DeFi Technologies Increases Holdings by 94.4 Bitcoins and Adds Solana and Core to Its Digital Asset Reserve
July 18 - Canadian fintech firm DeFi Technologies has announced an increase of 94.4 bitcoins (about $6.1 million), raising its bitcoin holdings to 204.34 (about $13.2 million), according to a report. In addition, the company added Solana and Core to its digital asset reserves for the first time, holding 12,775 Solana (~$2.03 million) and 14,841,148 Core (~$2.12 million.) DeFi Technologies plans to further expand its investment strategy with these assets.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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