TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

Michael Saylor addressed concerns about Strategy potentially being excluded from equity indices due to its unique business model and Bitcoin treasury strategy. Despite a recent 42% drop in shares, Strategy remains committed to Bitcoin and innovation in capital markets.

Ark Invest, led by Cathie Wood, purchased shares of crypto-related companies like Coinbase, BitMine, Circle, and Bullish during the recent market selloff. The firm added around $10 million worth of COIN shares to its Fintech Innovation ETF, increasing its exposure to the crypto market.

The National Crime Agency's Operation Destabilise has led to 128 arrests and the seizure of $32.6 million in crypto and cash, exposing a billion-dollar money laundering network. The operation uncovered Russia-linked money laundering networks operating in at least 28 British towns or cities.

In Japan, Digital Asset Treasury (DAT) companies outperform bitcoin due to favorable tax treatment of equities versus crypto, with profits taxed at lower rates and loss offsets allowed. However, regulators in Asia are concerned about the risks associated with this model, prompting potential changes in tax treatment for DATs in Japan.

BitMine Immersion Technologies, holding $9.6 billion in Ethereum, reported $328 million in income and declared its first dividend. Despite a 52% stock price drop in the past month, the company plans to launch a validator network next year.

Robert Leshner, Superstate CEO, believes tokenizing cars and houses will increase user interest in tokenization. Tokenization of assets like stocks can boost adoption by enabling self-custody and DeFi borrowing against them.

Coinbase has announced the acquisition of Vector, a social meme coin trading app, to enhance its Solana trading experience. The deal includes transferring ownership of the Tensor marketplace to the Tensor Foundation. TNSR token saw a significant price surge despite the broader crypto market selloff.

Stablecoins are debated as either "the most dangerous form of crypto" or a "global public good" by commentators like David Frum and Hélène Rey. Frum warns of a potential financial catastrophe, while Rey predicts destabilization of the international financial system due to stablecoin success.

Bitcoin and altcoins experienced sharp dives, resulting in billions of dollars' worth of liquidations. Despite some recovery, Bitcoin dipped again, with Ethereum, XRP, and Dogecoin showing losses. The futures market saw over $2.2 billion in liquidations, mainly from short positions.

Bitcoin has experienced a significant drop of over 25% to $83,700 this month, leading traders to purchase short-term put options at the $75,000 strike price on Deribit. The options market indicates a bearish sentiment, with the $85,000 put option now dominating trades.