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Tokyo-listed company #metaplanet has borrowed another $130 million using its #bitcoin holdings as collateral. This new loan is part of a larger $500 million credit facility, bringing the total amount they have borrowed to $230 million. The company plans to use the funds to buy more bitcoin, expand its bitcoin-related income activities—such as using the funds as collateral to sell options—and for potential share buybacks. Metaplanet stated that its reserve of 30,823 $BTC , valued at approximately $2.7 billion, provides a substantial safety buffer for the loan, even with bitcoin's price volatility. #BTCRebound90kNext? #USJobsData #TrumpTariffs
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Following a weekend of talks in Geneva regarding a 28-point peace plan approved by US President #DonaldTrump , cautious optimism has emerged, though a final agreement remains uncertain. President Trump expressed that "something good just may be happening," while details of a new counter-proposal to an initial plan criticized as too favourable to Moscow have now surfaced. Key questions persist, particularly concerning a potential exchange of territory, with #Ukrainian President Zelensky insisting his country's borders "cannot be changed by force." The "Coalition of the Willing," a group of nations supporting Ukraine, is scheduled to meet virtually for further discussions, with officials noting there is still a "lot of work" to be done on the peace proposals. #US-EUTradeAgreement #USJobsData
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#Tesla 's stock emerged as one of the top performers in the S&P 500, surging over 6% following a key announcement from CEO #ElonMusk . Over the weekend, Musk revealed on social media that Tesla has had an advanced AI chip and board engineering team for years and has already deployed several million of its own #Aİ chips in vehicles and data centers. He announced that the company is progressing from its current AI4 chip to the AI5 version and has begun work on AI6, with a new goal of putting a new AI chip design into production every 12 months. Musk boldly stated that Tesla ultimately expects to build AI chips at higher volumes than all other companies combined, underscoring his push for investors to view Tesla as a major player in the artificial intelligence and technology space, not just an automaker. This news helped lift Tesla's shares back into positive territory for the year. #BTCRebound90kNext? #IPOWave
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INTEL: Bitmine, led by Tom Lee, has purchased an additional 28,625 $ETH (worth approximately $82.11M). #ETH #ProjectCrypto
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In a notable display of cross-chain recognition, #solana co-founder Anatoly Yakovenko has publicly praised the Cardano consensus mechanism, highlighting its resilience. His comments came after the #Cardano network successfully withstood a recent malicious attack, which Yakovenko stated proved the protocol "functioned as designed." He specifically highlighted the extreme difficulty of building such a robust, non-Proof-of-Work consensus, crediting Cardano's decade-long commitment to formal methods and high-assurance engineering for this success. This endorsement from a rival #blockchain founder underscores a growing, albeit rare, trend of mutual respect within the highly competitive layer-1 landscape, drawing significant attention from the broader crypto industry, including communities for major exchanges like Binance. #ProjectCrypto #WriteToEarnUpgrade
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