Israeli Forces Raid Syria, Raise Israeli Flag Over Syrian Town of Hadr

STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It Authored by Glenn Cameron via BitcoinMagazine.com, There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail. Every word of that pitch is wrong, and the security those buyers actually own is built to fail in exactly the bitcoin...

Exelon "High Probability" Data Center Load Falls 40% By Ethan Howland, senior reporter at UtilityDive Exelon’s “high probability” data center load fell nearly 40%, to about 11 GW, in the second quarter from 18 GW at the end of last year, the Chicago-based utility company said Thursday. The decline comes as Exelon utilities have been entering into “transmission security agreements” with potential data center customers, it said. The TSAs include provisions designed to protect existing ratepayers from data center-related costs such as credit obligations, committed revenue contributions and shortfall payments. “What this update reflects...

Bechtel Splits With TerraPower As Holtec Postpones IPO Bechtel and Bill Gates-backed TerraPower are parting ways over the next phase of the Natrium reactor project in Wyoming, adding a construction headache to a sector already digesting Holtec’s postponed IPO. According to a layoff notice reported by Washington Business Journal, the companies failed to reach an agreement and “have decided to move forward separately.”  It's a hard flip from April when Bechtel was celebrating mobilization and field execution at Kemmerer Unit 1. And just last month, TerraPower was still targeting completion in 2030...