Core Scientific, a Nasdaq-listed company that operates data centers for Bitcoin mining and AI workloads, announced it has secured a total of $1 billion in strategic financing, including $500 million from JPMorgan. In a Monday statement, Core Scientific CEO Adam Sullivan said with the backing of Morgan Stanley and JPMorgan, the firm is well equipped
Strategy on Monday filed to increase its capital-raising capacity across three at-the-market programs, including up to $21 billion in common stock sales, up to $21 billion in Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and up to $2.1 billion in 8% Series A Perpetual Strike Preferred Stock (STRK). The company said proceeds may
Strategy (MSTR) has unveiled a $42 billion at the market (ATM), equity program, split between $21 billion of Class A common stock (MSTR) and $21 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock, Stretch (STRC), according to an 8-K filing. The company also introduced a new $2.1 billion ATM for its $STRK
The man who runs earth’s largest asset manager, Mr. Larry Fink, happens to think the AI boom could leave ordinary Americans behind unless they own part of the companies getting rich from it. That was the warning from the BlackRock chief, who argued that the best protection against disruption is ownership. Larry described AI as
Crypto investment products maintained their inflow streak last week but momentum slowed amid ongoing Middle East tensions and a “hawkish pause” interpretation of the US Fed’s meeting. Crypto exchange-traded products (ETPs) recorded $230 million in inflows last week, with $405 million in outflows following the Federal Open Market Committee (FOMC) meeting in the US, CoinShares
Bernstein said agentic AI payments could become a long-term growth opportunity for stablecoins, even though adoption on today’s machine-payment protocols remains small and is not yet material to the broader stablecoin investment case. In a Monday note shared with Cointelegraph, the broker said stablecoins could help unlock machine-to-machine payments by making microtransactions viable and enabling
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2025.84, up 0.2% (+3.37) since 4 p.m. ET on Friday. Seven of 20 assets are trading higher. Leaders: BCH (+2.3%) and SOL (+1.0%). Laggards: APT (-5.3%) and ICP (-3.6%).
The figures come from data collected by The Alliance for Secure AI, a nonprofit organization that educates the public on the implications of AI. Brendan Steinhauser, CEO of the alliance, has called on politicians to step in and take action against this replacement strategy. Over 90K Jobs Have Been Replaced by AI As artificial intelligence
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes moves to accelerate its expansion into Brazil, the Brazilian government is reportedly backpedaling on its crypto taxation plans, and Argentina bans access to Polymarket. Ripple Expands Aggressively in Brazil, Targets Institutional
As the war with Iran enters its fourth week, crypto markets will be dominated by macro events. Off the global stage, however, traders will be navigating a number of supply events while Aave prepares for the deployment of its v4 platform and hard forks loom for both the Akash and Casper networks. A number of