Kraken’s co-CEO says he once threw away Bitcoin: ’It was worth maybe $300 million to $400 million today’

Michael Ho, the CEO of American Bitcoin, has addressed national security concerns regarding Bitmain's mining hardware, asserting that the equipment is specifically designed for Bitcoin computations. He emphasized that despite existing U.S. tariffs, Bitmain's latest 3-nanometer chips are still the most efficient and cost-effective option for miners. This is significant as it highlights the ongoing debate about the intersection of technology and national security, while also showcasing the resilience of the cryptocurrency mining industry.

Eric Trump, the Chief Strategy Officer and co-founder of Bitcoin, recently expressed his skepticism about wind power, arguing that the U.S. needs cheaper energy sources to maintain a strong GDP. His comments during an interview on 'Bloomberg Markets' highlight a significant debate in the energy sector about the viability of renewable energy versus traditional energy sources. This discussion is crucial as it impacts economic policies and the future of energy production in the country.

CDT Equity's stock has seen a significant surge following its announcement of a Bitcoin acquisition. This move is noteworthy as it reflects the growing interest and integration of cryptocurrencies into traditional finance, potentially attracting more investors and boosting market confidence.

Cipher Mining's recent SWOT analysis reveals the challenges and opportunities facing its stock amid the volatile bitcoin market. As the company navigates fluctuations in cryptocurrency prices, it is also looking towards growth in artificial intelligence, which could provide new avenues for revenue. This dual focus on both bitcoin mining and AI highlights the company's strategy to diversify and adapt in a rapidly changing tech landscape.

Hyperscale Data has initiated a $100 million strategy to invest in Bitcoin, marking a significant move in the cryptocurrency market.

Editor’s Note: This strategy could influence the broader adoption of Bitcoin as a treasury asset, showcasing confidence in its long-term value and potentially encouraging other companies to follow suit.

Smarter Web Company has appointed Coinbase Institutional as its Bitcoin custody partner, enhancing its cryptocurrency services.

Editor’s Note: This partnership is significant as it strengthens Smarter Web Company's position in the cryptocurrency market, providing secure custody solutions for Bitcoin, which is crucial for attracting institutional investors.

Bitcoin supporters are criticizing the recent trend of corporations investing heavily in altcoins instead of Bitcoin. This conflict highlights the ongoing divide between Bitcoin purists and altcoin enthusiasts.

Editor’s Note: This matters because it reflects the broader tensions within the cryptocurrency community, where differing beliefs about the value and future of Bitcoin versus altcoins can impact market dynamics and investment strategies.

ABC has decided to pull Jimmy Kimmel off the air following controversial comments he made about Charlie Kirk. This decision has sparked discussions about freedom of speech and the responsibilities of public figures. Kimmel's remarks have drawn criticism, leading to a significant backlash that prompted the network to take action. This situation highlights the ongoing tension between media personalities and political figures, raising questions about the limits of humor and commentary in today's polarized environment.

Susan Ocampo, the owner of Macom Technology Solutions, has made headlines by selling $28 million worth of stock. This significant transaction not only highlights her confidence in the company's future but also reflects the growing interest in the tech sector. Such moves can influence market perceptions and investor confidence, making it a noteworthy event for stakeholders.

John Moorhead has sold shares of A-Mark Precious Metals for $70,000. This transaction highlights the ongoing activity in the precious metals market and reflects Moorhead's investment strategy. Such sales can impact stock prices and investor sentiment, making it a noteworthy event for those following the market closely.

Bullish Inc's recent earnings call revealed disappointing results for Q2 2025, leading to a notable drop in their stock price. This miss on earnings expectations raises concerns among investors about the company's future performance and market position. Understanding these fluctuations is crucial for stakeholders as they navigate the volatile landscape of the stock market.

Nexstar has decided to indefinitely preempt the broadcast of 'Jimmy Kimmel Live!' following controversial remarks made about Kirk. This decision highlights the ongoing tensions in media regarding freedom of speech and the responsibilities of broadcasters. It raises questions about how far networks will go to manage content that may offend certain audiences, impacting both viewers and the show's future.

Disney's decision to pull Jimmy Kimmel's late-night show follows controversial remarks he made regarding the killing of conservative activist Charlie Kirk. This move highlights the ongoing tensions in media and politics, as public figures navigate the consequences of their statements. It raises questions about freedom of expression and the responsibilities of broadcasters in today's polarized environment.