IREN Shares Surge on Strong Earnings Report
@IREN reported record Q1 earnings with net income of $384.6M, driven by $232.9M from bitcoin mining and a $9.7B AI cloud contract with Microsoft. Shares slid 12%, up 2% pre-market. #Update #Crypto $BTC
@IREN reported record Q1 earnings with net income of $384.6M, driven by $232.9M from bitcoin mining and a $9.7B AI cloud contract with Microsoft. Shares slid 12%, up 2% pre-market. #Update #Crypto $BTC
@Microsoft and the University of Arizona’s Magentic Marketplace tests reveal significant AI vulnerabilities, including manipulation susceptibility and collaboration challenges, indicating agent systems aren’t ready for autonomy. #Update #AI
MARA reports record Q3 2025 revenue of $252.4M, a 92% YoY increase, but stock falls 5.8% amid Bitcoin price dip; Bitcoin reserves up 98% YoY, now second-largest holder globally. #Update #Crypto $BTC
@IREN partners with @Microsoft for a $9.7B AI cloud project, gaining five-year access to NVIDIA GPUs. They also collaborate with Dell for $5.8B in equipment, expanding data centers in Texas. #Update #Crypto
@DonutLabs has secured $15M in seed funding led by BITKRAFT and others to develop an AI-powered trading browser, aiming to enhance user interaction with decentralized finance. #Update #Crypto $SOL
Amazon Web Services (AWS) and OpenAI have formed a $38 billion partnership to enhance AI capabilities, which could improve blockchain efficiency and transaction speeds. #Update #Crypto $ETH
@Kite launched its native token, achieving a $263 million trading volume in hours and a $159 million market cap; total supply is capped at 10 billion. #Update #Crypto
@Meta faces allegations from Strike 3 Holdings for misusing 2,400 adult videos for AI training, seeking $350M in damages; Meta denies claims and seeks dismissal. #Update #Legal
OpenAI is planning a potential IPO valued at up to $1 trillion, possibly in 2026 or 2027, to lessen its dependence on Microsoft. AI’s rise correlates with cryptocurrency market trends. #Update #Crypto $BTC $ETH
@CharacterAI restricts AI chat access for users under 18, effective November 25, 2025. A separate service with approved content will be launched. #Update #AI
@DeutscheDigitalAssets and @Safello to launch the Safello Bittensor Staked TAO ETP on the SIX Swiss Exchange, offering exposure to $TAO with staking rewards. #Update #Crypto $TAO
OceanPal secures $120M for AI infrastructure via SovereignAI, targeting 10% of $NEAR tokens. Supported by NEAR Foundation, Kraken, and others, this venture aims to innovate blockchain-based AI solutions. #Update #Crypto $NEAR
A high school student in Maryland was mistakenly handcuffed after an AI misidentified a bag of chips as a weapon, raising concerns about AI reliability in schools. #Update #AI
North Korea’s hackers, using AI for automation, have stolen $2 billion in crypto this year, including a record $1.5 billion Bybit breach. Security measures must adapt rapidly. #Update #Crypto $BTC $ETH