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Hunter Biden
2 months agoNews Editor

Hunter Biden’s LAPTOP token appears a month after sworn claim of having almost no assets

Foresight reported that Hunter Biden’s token, LAPTOP, has appeared one month after court testimony was made public in which he swore that he had no car, no savings and no assets other than his paintings. The brief report also said Biden is carrying $17 million in debt. With only those facts disclosed in the source text, the launch of the token has drawn attention because of its timing relative to that sworn statement. No additional details on the token, its issuance structure, trading venue, or stated purpose were provided in the source material.

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Hunter Biden’s LAPTOP token appears a month after sworn claim of having almost no assets
Robert Kiyosaki
2 months agoNews Editor

Robert Kiyosaki says he owes $1.2 billion, while former wife says most of it is property debt

Robert Kiyosaki, the 79-year-old author of Rich Dad, Poor Dad, said on a podcast that he is "$1.2 billion in debt," a remark that drew fresh scrutiny in U.S. financial circles. According to the New York Post, the headline figure does not reflect personal borrowing in the way many listeners may have assumed. Kim Kiyosaki, his former wife and business partner, said the amount largely refers to loans tied to roughly 1,500 apartment units owned with partners, and that Robert Kiyosaki’s personal share is far smaller. Outside estimates cited in the report, based on annual income of about $3 million, put his actual personal debt burden at around $30 million to $60 million. The report also outlined the strategy behind the borrowing: refinancing against rising real estate equity, using the proceeds as tax-advantaged cash, and placing each investment in a separate limited liability company, or LLC, to isolate risk. Financial experts were split on that approach. Tax professional David A. Perez called real-estate-backed borrowing a standard and effective tax strategy, while JPTD Partners founder John Poole warned that leverage can turn sharply against investors once asset prices stop rising.

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Robert Kiyosaki says he owes $1.2 billion, while former wife says most of it is property debt
Strategy
3 months agoNews Editor

Strategy says dollar assets nearly offset debt, cutting net leverage to about 0.1%

Strategy said its U.S. dollar-denominated assets now nearly offset its debt, bringing its net leverage ratio down to about 0.1%, according to a Techub News brief citing Cointelegraph. The company, widely known as a major Bitcoin holder, said the shift reflects a much lower level of debt risk than before. It also said the size of its dollar assets is now broadly in line with its liabilities, leaving leverage near a historical low. The update centers on the company’s balance-sheet position and points to a tighter match between liquid dollar assets and outstanding debt.

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Strategy says dollar assets nearly offset debt, cutting net leverage to about 0.1%
Gold
3 months agoNews Editor

Gold rises more than 5% in a week as debt fears and a weaker dollar lift prices

Gold climbed on Friday and posted a weekly gain of more than 5%, coming close to a three-month high, as swings in the U.S. Treasury market, a weaker dollar and growing concern over America’s debt burden supported the metal. The U.S. Treasury expanded liquidity-support buybacks for 10- to 30-year bonds, pushing long-dated yields lower. UBS analyst Giovanni Staunovo said gold could rise to $5,400 an ounce over the next 12 months, while World Gold Council data showed 89% of surveyed institutions expect central-bank gold reserves to increase over the coming year. Ray Dalio also said investors should allocate 10% to 15% to gold to reduce debt-crisis risk. Short-term risks remain, however, including Middle East tensions, inflation pressure and the possibility of a technical pullback if gold fails to hold around $4,400 an ounce.

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Gold rises more than 5% in a week as debt fears and a weaker dollar lift prices
Empery Digital
4 months agoNews Editor

Empery Digital cuts Bitcoin holdings after buying at about $117,600 and selling at roughly $62,000

Empery Digital, formerly electric off-road motorcycle maker Volcon, has emerged as a sharp example of how a corporate Bitcoin treasury strategy can unravel once prices fall below funding costs. After rebranding in July 2025 and building a position of roughly 4,000 BTC at an average purchase price of about $117,600, with total spending near $470 million, the company later reached a peak of 4,081 BTC. By 2026 it had begun trimming that exposure. A filing disclosed on July 10 showed another sale of 1,400 BTC for $87.1 million, or around $62,000 per coin. Relative to the reported cost basis, that tranche alone represented an estimated loss of about $77 million. PANews said the company now holds 1,514 BTC and about $73.9 million in cash. The proceeds have been directed to several needs: repaying $10 million of debt while $45 million remains outstanding, preparing for the purchase of a 25% stake in a convertible AI data center facility in the U.S. Midwest for $65 million, and covering legal fees tied to shareholder litigation. The company has also shut down its Bitcoin holdings dashboard and shifted its strategic focus toward AI infrastructure.

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Empery Digital cuts Bitcoin holdings after buying at about $117,600 and selling at roughly $62,000
Empery
4 months agoNews Editor

Empery sold 1,400 BTC for $87.1 million to pay down debt

Nasdaq-listed Empery sold 1,400 Bitcoin between May 7 and July 10, raising about $87.1 million, according to Techub News. The company said the proceeds were used to repay debt, fund acquisitions, and cover legal expenses. After the sales, Empery still held 1,514 BTC and about $73.9 million in cash. The move stands in contrast to the company’s Bitcoin aggregation strategy announced in August last year, when it held more than 4,018 BTC. That shift points to a change in how Empery is managing its balance sheet and crypto treasury. The report also placed Empery alongside other public companies taking different approaches to Bitcoin holdings. During the same period, Nakamoto reduced debt by selling Bitcoin, while Capital B chose to raise funds and expand its position instead. According to crypto.news, those decisions reflect a widening split in how listed firms are handling Bitcoin treasury management.

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Empery sold 1,400 BTC for $87.1 million to pay down debt
debt
5 months agoNews Editor

Luke Gromen: Debt Will Be Repaid in Less Valuable Currency, US Needs Trillion-Dollar Cuts, Parallels to 2008 Crisis Emerge

Macro research expert Luke Gromen warns that while nominal US debt will be repaid, the real value will erode due to currency devaluation. Drawing eerie parallels to the pre-2008 financial crisis environment, he forecasts a worsening economic situation potentially escalating into a panic phase. Gromen highlights that the US federal budget is structurally strained by entitlements and debt interest, requiring roughly $1 trillion in cuts (3% of GDP) to balance, yet such cuts could paradoxically raise the deficit-to-GDP ratio. Additionally, Japan's bond market is signaling trouble: a narrowing spread between US Treasury and Japanese government bond yields strengthens the yen, prompting Japanese investors to repatriate funds. Gromen argues that AI will not eliminate all white-collar jobs; instead, systemic leverage will be the primary driver of economic change. Political implications of spending cuts outweigh mathematical ones, increasing the likelihood of a devaluation strategy to manage unsustainable debt levels. This comprehensive analysis serves as a crucial read for crypto investors and macro observers alike.

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Luke Gromen: Debt Will Be Repaid in Less Valuable Currency, US Needs Trillion-Dollar Cuts, Parallels to 2008 Crisis Emerge
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