Trump Postpones Iran Strike After Gulf States' Appeal; Strategy's BTC Unrealized Profit Hits $1.35B

BitPush Daily Web3 Brief Trump postpones planned Iran strike after Gulf states urge delay Beijing News reported that former U.S. President Donald Trump said he has decided to delay a military strike on Iran that had been scheduled for Tuesday, after a joint request from Qatar, Saudi Arabia and the United Arab Emirates to allow time for diplomatic talks. Trump also said he has instructed U.S. forces to be ready for an "immediate, comprehensive, and large-scale attack" if a satisfactory agreement cannot be reached. In a social media post on Monday, Trump said Qatar's Emir Tamim bin Hamad Al Thani, Saudi Crown Prince Mohammed bin Salman and leaders of the UAE asked the U.S. to delay the planned strike because "serious negotiations" were under way. He said the three countries believe an agreement is within reach and could be acceptable to the U.S., the Middle East and other parties. Trump reiterated that a key condition would be that Iran must not possess nuclear weapons, and said Iran must provide written confirmation of that commitment. Trump added that the Middle East had asked for a two- to three-day delay because those countries believe a deal is close. He said progress has been made on the Iran issue. A day earlier, he had warned that "time is running out" and that Iran would "have nothing" if it does not move peace talks forward. There has been no confirmation from Tehran that negotiations have resumed. Kevin Wash to be sworn in at the White House on Friday Beats News reported that Kevin Wash will be sworn in at the White House on Friday, with Trump hosting the ceremony. Strategy's BTC unrealized profit at $1.35B; BitMNR shows $7.279B ETH unrealized loss Beats News reported that Bitcoin treasury firm Strategy bought 24,869 BTC last week at about $80,985 per coin, spending $2.014 billion. Strategy now holds 843,738 BTC valued at $65.221 billion, with an average cost basis of $75,700, implying an unrealized profit of $1.35 billion, up 2.1%. Ethereum treasury firm BitMNR bought 71,672 ETH last week at about $2,251 per coin, spending $161 million. It now holds 5,278,462 ETH valued at $11.312 billion, with an average cost basis of $3,522 per ETH, implying an unrealized loss of $7.279 billion, down 39.1%. DeFi TVL down more than 50% from last October's $170B peak Beijing News reported that Cointelegraph posted on X, citing DefiLlama data, that total value locked (TVL) in DeFi has fallen more than 50% from its peak of $170 billion in October last year. Bitcoin Depot files for Chapter 11; shuts down ATM network BitPush reported that Bitcoin Depot, a major U.S. Bitcoin ATM operator, filed for Chapter 11 bankruptcy protection in a Southern Texas bankruptcy court. The company cited heavier regulatory pressure and financial strain, and said it will scale back operations and sell assets. It has shut down its entire Bitcoin ATM network. Prior to the filing, the company operated more than 9,000 ATM locations worldwide as of August 2025. Following the bankruptcy announcement, Bitcoin Depot shares fell more than 70% in premarket trading. Bitmine adds 71,672 ETH; holdings reach 4.37% of total supply BeInCrypto reported that Bitmine bought 71,672 ETH over the past week. Bitmine now holds 5,278,462 ETH valued at $11.56 billion, equal to 4.37% of total ETH supply. It also holds 202 BTC, $200 million in Beast Industries shares, $83 million in Eightco Holdings shares and $685 million in cash. The report added that Bitmine has staked 4,712,917 ETH worth $1.03 billion, with annualized staking income of $289 million. Sponsored content This article is sponsored by GENG, "Build Your Fortune on GENG". Disclaimer: Articles by BiTui reflect the authors' views only and do not constitute investment advice.