Strive CEO Matt Cole, whose company holds nearly 20,000 Bitcoin worth $1.3 billion, argues that both Bitcoin treasury advocates and critics agree traditional treasury strategies are losing value due to currency debasement. The disagreement lies in the solution, with Cole supporting Bitcoin as a superior hedge. Critics like Jim Chanos dismiss Bitcoin purchases as risky leverage, but Cole emphasizes shared concerns about fiat currency weakness and government debt. Strive also developed a Bitcoin-linked preferred stock to offer conservative investors exposure without direct Bitcoin ownership.
SK Hynix has approved a $38 billion investment to build new memory fabrication plants. However, these new fabs are not expected to produce any chips before December 2028, indicating a long-term expansion plan. This move highlights SK Hynix's commitme...
Ethereum is integrating Bitcoin-inspired UTXO structures with its existing account model to tackle blockchain scaling challenges. This hybrid approach could reduce Ethereum's permanent payment-state storage by 99.8%, shrinking it from over 100 GB to ...
Over the past decade, an investment of $10,000 in AMD grew to more than $700,000, significantly outperforming the S&P 500, which turned the same amount into about $42,000. This highlights AMD's exceptional growth and strong market performance compare...
Bloomberg Intelligence strategist Mike McGlone updated his Bitcoin outlook, warning that the cryptocurrency risks a significant price correction down to around $10,000. Despite stock markets hitting record highs, Bitcoin has struggled to maintain gai...
David Tait, CEO of the World Gold Council, expressed his personal belief that bitcoin could eventually drop to zero because it behaves like a high-risk asset during market stress, rather than a safe haven. He contrasted bitcoin with gold, which centr...
