Cleanspark Rolls out $1 Billion Convertible Note Plan for Expansion

Cleanspark announced plans to offer $1 billion in convertible senior notes due 2032, with an additional $200 million option for initial purchasers. Cleanspark Plans $1B Private Notes Sale to Fuel Growth, Buy Back Shares According to the company’s latest filing, Cleanspark (Nasdaq: CLSK) intends to use up to $400 million of the proceeds to repurchase … Read more

Bitcoin Mining Stocks Slip While Hashprice Hits 7-Month Low

Bitcoin mining stocks limped into the weekend after bitcoin’s 7.8% weekly dip to $101,827 sent hashprice to its lowest point since April. According to bitcoinminingstock.io, the sector’s top 20 publicly traded miners flashed red across the board Friday, with only a handful dodging the downturn. Publicly Traded Bitcoin Miners Face Red Week as BTC Slides … Read more

Billionaire Ray Dalio Says Fed’s QE Pivot Risks Fueling Bubble-Level Euphoria

Billionaire investor Ray Dalio says the Federal Reserve’s latest pivot toward easy money looks less like crisis management and more like a dangerous encore—stimulating an already bubbly market rather than saving a sinking one. Ray Dalio Sounds the Alarm: QE Is Back, and It’s Not What You Think Ray Dalio, founder of Bridgewater Associates and … Read more

$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push

Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management. Canaan Attracts Institutional Confidence According to Canaan (Nasdaq: CAN), the investment was made through the purchase of about 63.7 million American depositary shares (ADSs) at … Read more

Is the AI Boom Running on Hot Air? Markets Say Maybe

Global markets are wobbling as Wall Street wakes up to the idea that the artificial intelligence boom might be less about genius and more about déjà vu from past bubbles. The Great AI Reality Check After a year of record-breaking gains, the artificial intelligence (AI) sector is now flashing warning lights. These AI bubble warnings … Read more

Trump Says US Stock Market Will Hit ‘Many More Record Highs’

U.S. President Trump told Republican senators that the United States is experiencing “the hottest economy we’ve ever had” and predicted that the stock market will continue breaking records despite a temporary dip tied to the government shutdown. President Trump Cites Construction Surge as Proof of Economic Expansion Speaking during a breakfast meeting with Republican senators, … Read more

Big Short Legend Michael Burry Bets Against AI Boom With Palantir and Nvidia Puts

Michael Burry’s Scion Asset Management is leaning hard against artificial intelligence (AI) highfliers, disclosing hefty put options on Palantir Technologies and Nvidia that together account for roughly 80% of a tightly focused, $44 million portfolio. Wall Street Déjà Vu: Trading Veteran Michael Burry’s Scion Bets Against AI Mania Scion’s latest 13F, released around Nov. 3, … Read more

Bitcoin Breaks Below $99K as $289 Billion Evaporates From Crypto in One Day

Tuesday brought a full-blown market massacre as artificial intelligence (AI) valuation panic and a cocktail of macroeconomic worries vaporized $730 billion from U.S. equities. Meanwhile, the crypto crowd didn’t escape unscathed — $289 billion in digital assets vanished overnight, and even precious metals caught the blues, slumping alongside everything else. Volatility Strikes Back: Bitcoin, Stocks, … Read more

‘Strategic Asset Reallocation’: Sequans’ Bitcoin Sale Gets Roasted Online

Sequans Communications S.A., a firm that adopted bitcoin as its primary treasury reserve asset, confirmed the sale of 970 BTC to reduce debt and strengthen its balance sheet. The move follows similar actions from other digital asset treasury (DAT) firms, including ethereum-focused ETHzilla, which recently liquidated a portion of its holdings. Sequans Sells Bitcoin According … Read more

‘Max Pain and Max Fear’: High-Risk Crypto Whale James Wynn Predicts Historic Market Crash

James Wynn has warned of a highly volatile first week of November, predicting sharp declines in both stocks and cryptocurrencies. James Wynn Issues ‘Max Pain’ Warning High-risk crypto trader James Wynn has issued a stark warning, predicting that stocks and cryptocurrencies are heading into their most turbulent week yet. Wynn—who previously lost tens of millions … Read more