July 2025 - BillionDollarClub

FridayJul 18, 2025 10:30 am

D-Wave Quantum Inc. (NYSE: QBTS) Secures $400 Million in Equity Offering, Eyes Acquisitions and Expansion

The $400M at-the-market equity offering was completed in just over two weeks. The average sale price in the offering was at a 149% premium compared to the company’s previous ATM raise in January 2025. The company holds a cash balance of approximately $815 million as of July 1. Proceeds will support strategic acquisitions, capital expenditures, and working capital needs. The ATM program comes as D-Wave’s Q1 2025 revenue surged 509% year-over-year, boosted by a major system sale to Germany’s Julich Supercomputing Center. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has completed sales of…

FridayJul 18, 2025 9:00 am

US, China Have Highest Bitcoin Holdings Among All Governments

As Bitcoin cements its place in the global financial system, governments around the world are beginning to treat it as more than just a speculative asset. Leading the pack are the United States and China, which now hold the highest amount of Bitcoin among all governments globally. Their involvement marks a significant shift in how nations approach cryptocurrency in a time of economic uncertainty and digital transformation. According to recent data from Bitbo.io and Cointelegraph, the U.S. government currently holds around 207,000 BTC, valued at roughly $24 billion. These digital assets were not bought on the open market, but instead…

ThursdayJul 17, 2025 9:00 am

US Banks to Report Higher Profits as Investment Banking Rebounds

Major U.S. banks are expected to report higher profits this quarter, and the main reason is a surprising comeback in investment banking. After months of slow deal activity due to global tensions and uncertainty, big banks like JPMorgan Chase, Bank of America, and Citigroup are now seeing signs of recovery. Trading departments are also performing well. With economic and political situations still unpredictable, more clients are turning to banks for help managing risk. This has helped boost trading revenues, which are expected to continue growing in the near future. Another area that’s doing well is net interest income; this is…

TuesdayJul 15, 2025 9:00 am

China Unveils Predictive Model to Flag Li-ion Battery Failures Early

Chinese researchers have developed a new and powerful method to detect battery problems much earlier than ever before. This new model can predict if a lithium metal battery will fail, just by looking at data from its first two charging cycles. This breakthrough could help save time, money, and resources in battery development, especially for electric vehicles and energy storage systems. The research was done by experts from the Tsinghua Shenzhen International Graduate School and the Shenzhen Institute of Advanced Technology. They created a model that looks at the early behavior of lithium metal batteries, focusing on how lithium is…

FridayJul 11, 2025 9:00 am

Crypto Funds Recorded Inflows of a Billion Dollars Last Week

Last week, crypto investment products saw a big jump in investor interest. According to CoinShares, crypto exchange-traded products (ETPs) recorded over $1 billion in inflows for the week ending Friday, July 5, 2025. This is a strong sign that many people are still putting money into digital assets, even with price ups and downs. The total assets under management (AUM) for crypto ETPs also hit a new high, reaching $188 billion, up from $184.4 billion the week before. This means more investors are trusting crypto funds to grow their money. Bitcoin Still Leads, But Slows Down Bitcoin continues to attract…

ThursdayJul 10, 2025 9:00 am

Questions Mount Regarding Huawei’s Solid State Battery Running for 1,800 Miles

Huawei, a popular Chinese tech company, has made bold claims about a new solid-state battery that could change the electric vehicle (EV) market. According to a new patent, this battery might power an EV for up to 1,800 miles (around 3,000 kilometers) on a single charge and can recharge in less than five minutes. While this sounds amazing, many experts are not fully convinced. To begin with, Huawei’s new battery is based on sulfide-based solid-state technology. This kind of battery is different from the lithium-ion batteries most EVs use today. The company says its battery has an energy density of…

TuesdayJul 08, 2025 9:00 am

Tesla Sales in the UK Record a YoY Improvement in June

Tesla is showing signs of recovery in the UK after a rise in its car sales in June 2025. According to new data, Tesla sold 7,719 cars in June, marking a 14% increase compared to the same time last year. Another report by New AutoMotive showed an even higher figure of 7,891 units, though differences in reporting methods may explain the gap. This jump in sales comes as part of a broader boost in the UK’s electric vehicle (EV) market. The latest numbers from the Society of Motor Manufacturers & Traders (SMMT) show that overall new car registrations grew by…

MondayJul 07, 2025 9:00 am

Mercedes Unveils Sports Car Concept to Boost its EV Sales

Mercedes-Benz is turning up the heat in the electric vehicle (EV) market with its latest innovation: the CONCEPT AMG GT XX. This powerful, four-door electric sports car is designed to stir excitement among performance car enthusiasts and boost EV sales, especially in the U.S. where electric adoption has faced some resistance. At the heart of this sleek concept car lies a breakthrough in electric motor technology. Mercedes-AMG has introduced axial flux motors, which are a game-changer in the EV world. These motors are three times more powerful, two-thirds lighter, and one-third the size of conventional motors. Their compact, disc-like design…

ThursdayJul 03, 2025 9:00 am

Crypto Leaders Jittery as Attacks Targeting Them Increase

In recent months, crypto traders and investors are living in fear. As the value of digital currencies continues to rise, so does the number of attacks targeting people in the industry. What once started as online hacking has now turned into violent kidnappings, home invasions, and even torture. One well-known case is that of Mohammed Arsalan from Karachi, Pakistan. Arsalan became famous for growing his small savings into a large fortune through cryptocurrency trading. He built a following of over 160,000 people online. But on Christmas Day in 2024, his success turned into a nightmare. Men pretending to be police…

TuesdayJul 01, 2025 9:00 am

Indonesia Mulls Regulations Requiring eCommerce Firms to Collect Sales Tax

Indonesia is preparing to introduce a new policy that would require e-commerce platforms to collect and remit taxes on behalf of their sellers. The proposed regulation, expected to be announced as early as July 2025, is part of the government’s efforts to increase revenue and create a fairer playing field between online marketplaces and traditional retailers. According to sources familiar with the matter, the new rule would apply to sellers who earn between 500 million and 4.8 billion rupiah ($30,900 to $296,000) annually. These sellers, considered small and medium-sized enterprises (SMEs), are already required to pay a 0.5% tax on…

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Month: July 2025