by Michael
Key TakeawaysSpaceX completed the Cursor merger at a $60 billion equity value.Cursor shareholders gained rights to 389.3 million SpaceX shares.The deal expands a partnership built around large-scale AI compute. SpaceX Closes $60 Billion Cursor Acquisition Space... 
by Michael
Key TakeawaysBitcoin’s hashrate sits roughly 17% below its all-time high.Hut 8’s contracted AI infrastructure portfolio alone has reached $26.6 billion.CoinShares projects AI and HPC work could supply 70% of listed miners’ revenue by the end of 2026. Hashrate Pulls... 
by Michael
Key TakeawaysBitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss.Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand.Bitgo targets $15M in annual savings and a $50M buyback as it pushes AI and... 
by Michael
Key takeaways SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido. The allocation will be converted into wrapped staked ETH and held with Anchorage Digital. wstETH enables SharpLink to earn staking rewards while retaining access to DeFi... 
by Michael
Key TakeawaysARK 21Shares led $131.13M in bitcoin ETF outflows on Thursday as selling spread across major funds.Ether gained $6.72M and XRP $2.25M, showing demand shifting beyond bitcoin.BMO and National Bank of Canada disclosed XRP exposure, putting 2 banks in the... Translate »
