Keel (ex-Bitfarms) Posts $145M Q1 Net Loss as AI Pivot Drags
Revenue fell 23% year-over-year to $37M as the former bitcoin miner retools into AI infrastructure, but $533M in total liquidity keeps the build-out funded through the transition.
Funding rounds, seed and Series raises, project token sales, grants, and bankruptcy events.
Revenue fell 23% year-over-year to $37M as the former bitcoin miner retools into AI infrastructure, but $533M in total liquidity keeps the build-out funded through the transition.
The Maelstrom CIO is positioning for maximum risk, naming HYPE, ZEC, and NEAR as his top altcoin picks, and framing the rally as a credit-driven AI-inflation trade with a geopolitical tailwind.
The 63% bitcoin cut is the headline, but the real signal is the dollar pivot: $70M parked in US reserves for a payments deal while revenue slid 36.8% and net loss nearly tripled.
The facility is structured as client-demand financing for Ripple Prime — institutional prime brokerage is the real story, not a corporate lifeline.
Backed by the $55.6M AEON Omiya commercial site and built on the ibet for Fin blockchain, the structure brings regulated on-chain real estate exposure to Japanese retail investors.
Capital is small next to Sharplink's 873K ETH stack, but the structure — a public-markets vehicle farming active DeFi yield without selling its core ETH — is the template that matters.
Reserve income fell 11% quarter-over-quarter as rates cooled, but the ARC token sale gives Circle a non-rate cushion just as the consensus EBITDA beat of $151M was already doing the heavy lifting.
Ark's first CRCL add since March 24 lands on a 16% up-day — atypical for the fund, and the read is that the earnings beat plus the $222M Arc blockchain raise reset the institutional bid on USDC's…
The treasury drawdown sent MARA from second to fourth among public bitcoin holders — a structural reordering, not a quarter-end liquidity shuffle, with 90% of non-hosted power earmarked for AI…
The AI firm won't recognize any transfer of its private shares — including through SPVs or tokenized pre-IPO offerings — as crypto venues race to repackage restricted equity for retail traders.
Iagon's new Cardano Vault, built with Fireblocks, is the chain's bid to be included in the next institutional allocation cycle — but TVL of $141M and stablecoin cap under $50M mean the rails arrive…
If approved, it would be the first spot ETF tied to a privacy coin — and lands just as the SEC quietly closed its long-running review of the sector without enforcement action.
The macro tape is coiled for Tuesday's CPI print, but the structural flows underneath — a $222M ARC raise, three straight weeks of SOL ETF inflows — are doing more work than the headlines suggest.
South Korea's largest exchange adding a privacy-AI token with both KRW and BTC pairs puts VVV in front of the country's deepest retail liquidity on day one.
The price chart is one story — sellers finally losing grip on the $1.47–$1.50 cap. The funding facility from Neuberger Berman into Ripple Prime is the other: a TradFi balance sheet now underwriting…
A flagship Bitcoin Ordinals infrastructure project is winding down — and the closure of its companion trading app Zap alongside it signals financial pressure, not just a strategic pivot.
SpaceX, Elon Musk's private aerospace and satellite giant, is projected to trade above a $2 trillion valuation upon its…
The token presale pulls a16z, BlackRock, Apollo and ARK into a Wall Street–ready chain that puts Circle in direct competition with Ethereum, Solana and Coinbase's Base — and gives investors a second…
A flat round after Deutsche Börse's April mark-down signals the floor; the $1.3B derivatives-and-stablecoins M&A spree and the confidential S-1 file show Kraken is buying its way to a public listing.
A new Galaxy Digital partnership deploys roughly $125M into onchain liquidity and DeFi, while Sharplink's 872,984 ETH stash keeps it the second-largest public Ethereum treasury.