The AI industry's rapid growth is reducing demand for Bitcoin mining hardware, causing ASIC prices to drop. American Bitcoin, a subsidiary of Hut 8, is capitalizing on this by purchasing over 11,000 ASIC miners between March and April 2026, increasing its total fleet to nearly 59,000 units and boosting its hash rate to 25 exahashes per second. While many miners shift focus to AI and high-performance computing, American Bitcoin remains committed to pure Bitcoin mining, leveraging low-cost energy and efficiency to maintain profitability despite a $50,000 all-in cost per Bitcoin. Investors should watch ASIC prices and Bitcoin's market price relative to mining costs to gauge future expansion potential and profitability.
Liminatus Pharma received a delisting notice from Nasdaq due to failure to meet minimum market value requirements for its listed securities and publicly held shares. The company was given until May 18, 2026, to regain compliance but did not meet the ...
Audiencerate Ltd has named Riccardo Fabbri as its new Chief Technology Officer, marking the start of an AI-driven expansion phase for its platforms serving Italian SMEs and global media agencies. Fabbri, with over 20 years of experience in software a...
Biogen and Denali announced that their Phase 2b LUMA study of BIIB122 (DNL151) in early-stage Parkinson's disease did not meet its primary or secondary endpoints, showing no slowing of disease progression compared to placebo. Despite good safety and ...
Samba TV has introduced Project Gravity, an independent data onboarding and activation platform that integrates advertisers' first-party data with over 40 leading advertising platforms like Google DV360, Meta, and TikTok. Designed for the agentic era...
Biogen and Denali announced that their Phase 2b LUMA study of BIIB122, a drug targeting early-stage Parkinson's disease, did not meet its primary or secondary endpoints, showing no slowing of disease progression compared to placebo. Despite good safe...
