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Google-Backed TeraWulf Seeks $3B Debt as Miners Pivot to AI

TeraWulf plans to raise about $3 billion in debt to expand AI data center capacity. The effort runs through Morgan Stanley, according to CFO...

Hard Math: Crypto Treasuries Face 50% Downside on PIPE Selling Pressure

CryptoQuant says crypto treasuries that raised money through PIPE deals face sharp selling pressure. The analytics firm notes several stocks now trade above their...

Naver’s High-Stakes Upbit Deal: Stablecoin Plan, Stock Jumps, Users Surge

Naver Financial plans to acquire Dunamu, the operator of Upbit, through a share exchange, according to Yonhap and Chosun. The reports say board meetings...

Fitell Stock Sinks 21% After Solana Treasury Bet

Fitell fell 21% on Wednesday after a Solana treasury update. The company said it made a SOL purchase worth $10 million, adding over 46,000...

Bitcoin Demand Outruns Miner Supply as ETFs and Companies Keep Buying

Michael Saylor told CNBC’s Closing Bell Overtime that Bitcoin demand from ETFs and companies now exceeds miner supply. He said steady institutional and corporate...

Pro-Bitcoin Democrat Ian Calderon Makes Forceful Play for California Governor 2026

Ian Calderon launched his California Governor 2026 bid, positioning himself as a Pro Bitcoin Democrat. He named lower costs for housing, groceries, and gas...

Lawmakers Demand SEC Action on Trump Crypto 401(k) Plan

US lawmakers pressed the SEC to move on the Trump crypto retirement plan. They sent a letter on Monday to SEC Chair Paul Atkins....

Vitalik Buterin Hits Back at ‘Exchange’ Label for L2s, Backs Base’s Model

Vitalik Buterin defended Base layer 2 and other L2 sequencer designs after new regulatory concerns. He said Base “is doing things the right way,”...

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