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ZEC $1,406.75 +2.46%
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AMZN $247.19 +0.46%
GOOGL $341.34 -0.18%
MSFT $510.20 +0.55%
META $739.53 +3.89%
NVDA $228.41 -0.03%
TSLA $354.88 -0.55%
SNDK $1,727.97 +1.84%
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first_img Samsung Electronics executive: It is expected that HBM will account for nearly 30% of DRAM wafer production capacity next year

According to a report by the Financial Associated Press citing local media on September 29, Samsung Electronics Executive Vice President Kim Taewoo stated that HBM is expected to account for nearly 30% of the total wafer capacity of DRAM manufacturers next year, up from the current ratio of about 20%. He mentioned that HBM competes with traditional DRAM for the same batch of wafer capacity, and increasing HBM output may squeeze the supply of traditional DRAM.TrendForce previously predicted that by the end of 2027, the HBM wafer input from the three major global HBM suppliers will account for about 30% of the total DRAM wafer input, but in terms of storage capacity, it will only contribute about 13% of the total DRAM supply. Additionally, according to media reports on September 20, Samsung began mass production and shipment of HBM4 in February this year and provided 12-layer HBM4E samples to customers including NVIDIA in May; the industry expects Samsung's monthly wafer input for HBM to increase from about 180,000 wafers this year to about 250,000 wafers next year.On the same day, TrendForce stated that the demand for AI servers continues, and HBM and general DRAM will still share limited advanced process capacity. The storage supply will remain tight in 2027, and the price expectations for HBM in 2027 have been raised, with an expected year-on-year increase of 121% in the mixed average selling price. Due to limited supply and rising system costs, 8-layer HBM is expected to become a priority evaluation option for several manufacturers in 2027, with its price per Gb expected to be about 10% to 20% higher than that of 12-layer products.

Michael Saylor seeks to restart the Strategy financing engine: the proposal for daily dividends on preferred shares may pass

According to Bloomberg, Strategy's Executive Chairman Michael Saylor is seeking to adjust the dividend mechanism for the company's preferred shares, proposing to change the dividend payment from bi-monthly or quarterly to daily for billions of dollars in preferred stock. The annualized yield on the related securities can reach up to 12%, and Saylor stated that this move would help improve liquidity and market efficiency.Previously, Strategy primarily raised funds by selling common stock to purchase Bitcoin, but as the premium of common stock relative to its Bitcoin assets disappeared, the company shifted to issuing perpetual preferred shares that do not dilute the equity of common stock shareholders. Such securities have no fixed repayment date and can provide a new source of financing for Strategy. The company currently has over $14 billion in preferred shares outstanding. Although the company has repurchased over $1 billion of floating-rate preferred shares STRC, it has still been unable to issue new STRC since May.Analysts pointed out that increasing the frequency of dividend payments mainly reduces dividend-related volatility, cannot eliminate credit and Bitcoin price risks, and may not necessarily enhance market liquidity. The shareholder vote on the proposal will conclude on October 28. Given that Saylor is the main shareholder of Strategy, the proposal is expected to pass.

first_img SUBFROST Data: Alkanes accounted for 61.1% of Bitcoin trading volume in the last 90 days

The Bitcoin Meta Protocol Alkanes, maintained by SUBFROST, announced that data shows from June 23 to September 20, corresponding to block heights 954,917 to 967,918, Alkanes transactions accounted for 61.1% of all Bitcoin transactions, approximately 59.9 million transactions. During the same period, Alkanes accounted for 40.3% of block space weight, 94.2% of OP_RETURN byte count, and 13.4% of transaction fee revenue. The data comes from documents published daily by SUBFROST under the MIT license, with real-time charts available at subfrost.io/metrics.Alkanes is a Bitcoin meta protocol built on the Runes protocol, maintained by the company SUBFROST, which is focused on the U.S. market, co-founded by Gabe Lee and the original author of the protocol, RWP IV. The company claims that its community is almost entirely from the Asia-Pacific region, providing complete Chinese documentation and a Chinese data page, and operates an official Chinese Telegram for DIESEL; this year the company held seminars in China and set up a booth at Bitcoin Asia in Hong Kong.On the technical side, Alkanes does not alter Bitcoin consensus and does not operate as a sidechain. Its contract code is WebAssembly, deployed once in the witness data, and subsequent users send function calls via runestone in Runes format, executed by the independent indexer Metashrew; full nodes only confirm Bitcoin transactions and do not verify Alkanes balances.
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