Tag: Pivots

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Nasdaq listed Korean Media firm that once wanted to buy 10,000 bitcoin sells all its BTC, pivots to AI

It is moving from a weak position. Shares closed near 16 cents on June 29, and Nasdaq has twice warned the company this year...

Matter Labs Cuts Staff, Pivots Fully to Institutional Privacy Platform Prividium

Matter Labs CEO Alex Gluchowski announced layoffs and a full strategic pivot on Tuesday, committing the company behind zkSync entirely to Prividium, its institutional...

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

Movement, a project originally designed to link blockchains built using the Move programming language with Ethereum, is pivoting toward cross-border payments, remittances and dollar...

MicroStrategy Pivots From Bitcoin, Buys Bonds in Unexpected Move

MicroStrategy's Michael Saylor announced the company purchased bonds this week despite holding 843,738 BTC worth $65 billion, signaling a tactical shift in the corporate...

Trump family-backed American Bitcoin’s costs dropped 23% in Q1 as mining industry pivots to AI

The Trump brothers' bitcoin mining venture cut its cost per coin by nearly a quarter in three months, going against industry trends.American Bitcoin (ABTC)...

OKX Pivots to Activity-Driven Stablecoin Yield with Native Katana DeFi Integration

As Washington continues to battle over the legality of stablecoin rewards, major cryptocurrency exchange OKX has integrated with Katana, a DeFi-first chain incubated by...

Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI

Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused data center expansion. The...

MARA Stock Jumps After $1.71B Loss, Firm Pivots To AI

Shares of MARA Holdings climbed 13% in premarket trading Friday, even after the Bitcoin miner reported a $1.71 billion net loss for...

ETHzilla Rebrands to Forum Markets, Pivots Toward Institutional Onchain Infrastructure

Effective March 2, 2026, ETHzilla Corporation will rebrand as Forum Markets, signaling a strategic pivot from an ethereum-based treasury model to a functional blockchain...

Aptos Pivots Tokenomics Towards Performance-Driven Deflation

The Layer 1 network proposes token buybacks, raising gas fees by 10x, and reducing the staking rewards rate.Layer 1 blockchain Aptos is proposing a...

Peter Thiel Exits ETHzilla as Firm Pivots to Jet Engine Tokenization

Peter Thiel’s Founders Fund has fully divested from ETHzilla Corp., exiting a 7.5% stake disclosed in August, according to a U.S. SEC filing. The...

AI Startup Runway Raises $315M, Pivots to World Models

AI video startup Runway's new fundraising round signals its shift in orientation to a type of foundation model that has been growing in popularity...