Tag: pivot

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Gemini Faces Investor Lawsuit Over Post-IPO Strategy Pivot

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shareholders filed a class action lawsuit in New York against crypto exchange...

Gemini sued over slumping stock, prediction market pivot – DL News

Gemini investors say the company misled them ahead of its September IPO.The company said it planned to increase trading volume and add new assets...

Gemini Sued Over Alleged Deception for Post-IPO Pivot

Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the crypto exchange’s September initial...

5 Ways The Fed’s Basel III Pivot Unlocks Institutional Bitcoin Custody

Today, the Federal Reserve Board released a trio of proposals to modernize the U.S. capital framework which, if adopted, could fundamentally alter...

Facing a crisis, Bitcoin treasury companies need to pivot to survive

For much of the last three years, a predictable cycle dominated the market: companies announced their intentions to purchase massive volumes of Bitcoin, watched...

An AI Pivot Won’t Save You, Wintermute Tells Bitcoin Miners

Bitcoin miners are caught in the tightest squeeze of the network’s history, and a new Wintermute report argues that simply waiting for...

Hash2cash Bets on Tokenized Hashrate; Executive Rejects AI Pivot

The bitcoin mining industry is facing a severe hashrate shakeout, leading many independent operators to cease operations. In response, Hash2cash is pushing a high-tech...

From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to...

Ethereum ‘Ultrasound Money’ Pivot Did Not Help ETH Price Beat Bitcoin

Ether (ETH) has dropped roughly 65% against Bitcoin (BTC) since Ethereum’s 2022 shift to Proof-of-Stake (PoS), casting doubt on the network’s “ultrasound money” thesis.Key...

A16z Crypto Targets $2 Billion for Fifth Fund Amid Strategic Pivot to Finance

A16z’s blockchain arm is reportedly raising its fifth dedicated crypto fund with a $2 billion target and a mid-2026 closing date. Size and Strategy...

Over 15,000 BTC sold and more coming as public miners pivot to AI

Bitcoin miners are increasingly moving away from holding bitcoin on their balance sheets by selling more BTC to fund new identities as players in...

CORZ sells $175 million in BTC in January as AI pivot accelerates

Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, sold just over 1,900 bitcoin in January for approximately $175 million, according to CORZ...