叮噹-Doraemon

Power, data centers, and bottlenecks
AI is already facing a power crisis—this isn’t a distant future.
The consensus he cited: by 2027, AI chips will require at least 15 gigawatts of power that will be in short supply.
AI chip output grows by about 40–50% per year. Power growth outside China is about 10–20%. A faster curve will overwhelm a slower one.
Companies like Google and Anthropic are already renting computing resources from SpaceX because SpaceX is building its own power plants. This is the only way they can quickly bring capacity online.
China has sufficient electricity, but a GPU export ban blocks the latest chip supply. The real constraint is power growth outside of China.

August 31, 2026 (Monday). The three major U.S. stock indexes closed lower across the board. The S&P 500 fell 0.33% to 7,686.14 points, the Nasdaq declined 0.12% to 26,370.89 points, and the Dow dropped the most by 0.70%, closing at 53,185.90 points. On the last trading day of the month, overall market sentiment was cautious, with capital rotating in a cyclical pattern.
On the day, Cathie Wood, known as “Jie,” increased exposure against the trend in areas such as financial technology, aerospace, and precision medicine. Meanwhile, she reduced positions in multiple AI applications and genomics-related targets. Overall, this reflected a strategic intention of “rotating holdings and adjusting the portfolio structure.”
Buying direction: focus on the long-term disruptive potential of financial technology, aerospace, and gene editing

AI Flash News: Behind Anthropic’s Google computing power order, a financing and contracting system worth about $200 billion has already been put in place. (The Financial Times) says that roughly 80% of it is related to TPU chips. Anthropic does not need to fork out all the money upfront; the chip costs are mainly funded by Wall Street, while Google and Broadcom respectively back the data centers and the chips.
The first batch—about $35 billion, 1GW of TPU—was initially sold by Google to Broadcom, then transferred to an SPV (a financing company set up specifically for the deal). Institutions such as Apollo and Blackstone provide debt financing to the SPV, which buys about 1 million TPU chips, and then leases them to Anthropic.

On August 31, according to HTX market data, Bitcoin’s current spot price is $78,492, and Strategy’s current BTC holdings are in profit of more than $260.2 million.
Earlier reports said that Strategy currently holds 845,050 BTC, with a total acquisition cost of $63.73 billion and an average price of $75,412 per coin.
Following the pace of Strategy’s last week’s purchase of 4,603 BTC, which continues a relatively restrained frequency since the large-scale buy on May 18, 2026. Combined with the total holdings of 843,738 BTC disclosed last month, the average price in this round of $80,318 is below its cumulative average cost line of $75,700, indicating that the company executed a spreading-out (averaging down) operation during the price pullback window.

On August 30, analyst Rekt Fencer released a BTC-to-Nasdaq 3-day ratio chart, marking three significant drawdowns: approximately -84.9% in 2018, about -80.7% in 2022, and the current roughly -54.3% in 2026.
Rekt Fencer said that after the first two times Bitcoin suffered such a large underperformance relative to the Nasdaq, they were followed by very strong independent uptrends, with prices subsequently surging nearly straight up. With the ratio now falling sharply again, history may repeat for a third time; the bottom is already near, and next BTC will strengthen again.
The drawdown in the BTC-to-Nasdaq ratio indeed forms a rare long-term pattern: the deep underperformance of -84.9% in 2018 and -80.7% in 2022 both occurred at the end of a period of tightening macro liquidity, after which Bitcoin completed a repair through a decoupling-style independent move. While the current underperformance of -54.3% has not matched the extremes of the previous two instances, combined with Wintermute’s earlier observation that BTC is more bearish-biased than equities and shows asymmetric behavior—smaller gains on up days—the market structure has already become highly similar to the 2022 bear market.

On August 29, according to GMGN market data, today’s BSC ecosystem’s meme coins saw a clear surge, including:
“4” up more than 52% in a single day; market cap now at $17.78 million;
「I’m here, damn it」 up 21.35% in a single day; market cap now at $13.64 million;
“Lobster” up 18.11% in a single day; market cap now at $71.27 million, setting a new all-time high again.
“4” up 52% in a single day, leading the pack—but what’s truly worth noting is that “Lobster”’s market cap has already reached $71.27 million. During the rally back in April, its market cap was only $12.89 million; two months ago it dropped back to $24 million, and now it has tripled. This isn’t a broad-based rally—it’s the second re-assembly after a round of structural reshuffling in the BSC Chinese Meme sector.

On August 28, according to Lookonchain monitoring, the Bitcoin treasury company Metaplanet transferred another 1,350 BTC to Coinbase Prime about one hour ago, worth about $108 million.
Previously, the company bought 43,000 BTC at an average price of $96,191, worth approximately $3.48 billion.
Metaplanet announced on August 18 that it would inject 2,100 BTC into the Nasdaq-listed company Super League to build a U.S. stock treasury platform. Just ten days later, it again transferred 1,350 BTC to Coinbase Prime. This was the second large transfer within the past week (it transferred 1,000 BTC on August 25), and the pace is clearly accelerating in crypto.

August 27, at Bitcoin Asia 2026 in Hong Kong, CZ said: It doesn’t take 25 years for Bitcoin to reach $1 million—it will happen faster. What’s most lacking today is practical implementation and real-world deployment, especially large-scale payments, as well as becoming a reserve asset for retirement pension funds. He believes Bitcoin will eventually be more important than gold. The current market-cap gap is only about tenfold, and the next bull market could potentially close that gap. He said the shift by major countries takes time because gold holdings and valuation mechanisms are already well established, but the direction is clear. Another very small possibility is that some better digital currency could surpass gold ahead of Bitcoin surpassing gold, but he thinks the probability is low.

On August 22, in an interview, ARK Invest founder Cathie Wood said, “Bitcoin is preparing for another major surge, and I believe Bitcoin will ultimately reach $1.5 million.”
Cathie Wood has continued to insist on a $1.5 million target price for Bitcoin, even though most people at the time believed she had already “lost her mind.”
The core of this ARK Invest founder’s bullish Bitcoin thesis
Mainly based on three pillars:
Institutional adoption, a fixed supply, and Bitcoin gradually becoming a true digital store of value.