Saylor says Strategy unlikely to scoop up rivals, ‘just a lot of uncertainty’
Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky. Go to Source
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Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky. Go to Source
Riot sees Bitcoin mining as a “means to an end,” planning to pivot its power resources to build a 1-gigawatt AI data center campus. Go to Source
Coinbase CEO Brian Armstrong rattled off a bunch of crypto buzzwords at the end of its Q3 earnings call — resolving all prediction market bets on them to a “yes” in one swoop. Go to Source
MegaETH blew past its fundraising cap with over $1.3 billion committed, achieving a theoretical valuation of over $27 billion after closing on Thursday. Go to Source
Strategy’s third-quarter net income was down from its record $10 billion in Q2, but still lifted its shares after the bell. Go to Source
Coinbase recorded another profitable quarter with $432.6 million in net income in Q3 on the back of $1.9 billion in revenue, while Coinbase’s Bitcoin holdings rose by 2,772 BTC. Go to Source
Crypto prices remain depressed due to macroeconomic and geopolitical uncertainty, despite interest rate cuts and positive trade news. Go to Source
Blockchain fees are set to reach $19.8 billion this year, demonstrating the technology’s growth beyond speculation into real, user-driven economic activity. Go to Source
DYdX President Eddie Zhang reportedly said the decentralized exchange would offer spot trading for cryptocurrencies as part of its move into the US later this year. Go to Source
CoreWeave has been trying to acquire Core Scientific for over a year in one of the most-watched M&A deals in crypto. Go to Source