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Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment

Schwab Asset Management put “natural language processing” front and center in the name of its $232 million crypto-equity ETF, four years after the fund...

Bitcoin miners pour billions into AI

Bitcoin miners are redirecting billions of dollars and scarce power capacity toward artificial intelligence as BTC’s downturn pushes mining profitability close to historic lows.Data...

Core Scientific lost 56% on Bitcoin mining but $80M in profit from its pivot to AI hosting

Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in the second quarter as...

Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom

Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on their first day, giving the Wall Street...

Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap

The market values Hyperscale Data’s common equity below its disclosed Bitcoin holdings. Whether that gap belongs to common shareholders is a much harder question.The...

Goldman Sachs notes tied to Strategy set to pay just 22 cents on the dollar at maturity

Investors who put $1,000 into a GS Finance note linked to Strategy’s MSTR shares are on track to get about $217 back at its...
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