FRMI is developing a large off-grid data center campus in Amarillo, Texas, targeting 11 GW capacity to meet rising AI electricity demand. However, the company's growth depends heavily on this single project, creating concentration risk. Additionally, internal leadership conflicts and reliance on a hydrocarbon-heavy energy model raise concerns about its long-term viability. These factors contribute to a significant discount to FRMI's fair value and a Sell rating from analysts.
Bitcoin options open interest on CME has dropped significantly from $290M in November to around $30-40M by June 2026, with traders focusing on near-term contracts. Futures open interest remains strong, led by Binance and CME, while Deribit shows more...
Chainlink recently unlocked 21 million LINK tokens worth $166 million, transferring 18.375 million LINK to Binance. Despite this significant token movement, LINK's price remains in a strong downtrend, currently trading around $7.9 after falling from ...
Bitcoin and Ethereum spearheaded a broad crypto market rally, with Bitcoin rising to $63,880.92 and Ethereum to $1,731.60. Large-cap altcoins also saw gains, notably Solana with a 4.01% increase. However, the rally was accompanied by declining tradin...
VanEck's Bitcoin ETF, HODL, currently charges no fees due to a promotional waiver until July 31, 2026, making it cheaper than BlackRock's iShares Bitcoin Trust (IBIT), which has a 0.25% expense ratio. However, BlackRock's fund holds about 50 times mo...
The Trump family has announced that their three cryptocurrency projects—Trump Coin, World Liberty Financial, and American Bitcoin—have collectively generated over $1 billion in pre-tax profits. American Bitcoin, a Nasdaq-listed mining company operati...
