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Ek San
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🚨 CØINBASE CEO: I considered adopting #Michael Saylor’s Bitcoin investment #strategy , but ultimately did not adopt it because the #risk was too high 🔹CEO Brian Armstrong revealed Cøinbase considered MicroStrategy-style Bitcoin balance sheet strategy. 🔹At one point, they debated putting 80% of reserves into BTC. 🔹Ultimately rejected the move due to high risk to liquidity and survival. 🔹Armstrong: it “could have killed the company” in early-stage growth. 🔹The firm chose a conservative treasury strategy to ensure stability. -Bloomberg, May 2025$BTC
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🚨TERAWULF Q1 LOSSES DEEPEN AS POST-#HALVING PRESSURES MOUNT 🔹Q1 2025 Net Loss: $61.4M — a sharp increase from $9.6M in Q1 2024. 🔹Revenue Drop: From $42.4M (2024) to $34.4M (2025). 🔹Rising Costs: Cost of revenue surged to $24.5M, making up 71.4% of income. 🔹Halving Impact: Bitcoin block rewards cut from 6.25 to 3.125 BTC. 🔹Operational Strain: Weather disruptions + higher network difficulty cited. 🔹Tariff Pressure: Trump-era tariffs on ASICs raise U.S. miner costs; led to 40% $BTC sell-off in March.
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🚨🇻🇦Newly elected Pope Leo XIV greeted a cheering crowd from St. Peter's Basilica, offering a message of peace, unity, and hope in his first public address as pontiff
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🚨#OPTIMISM LEADS ETH L2s WITH #PECTRA UPGRADE SUPPORT 🔹Isthmus Hard Fork Activated: OP Labs successfully launched the Isthmus hard fork. 🔹First to Support Pectra: Optimism Superchain becomes first L2 ecosystem to integrate Ethereum’s Pectra upgrade. 🔹Ecosystem Coverage: Upgrade affects Base, Ink, OP Mainnet, Soneium, and Unichain chains. 🔹Broader Significance: Sets precedent for early L2 adoption of Ethereum core upgrades. $OP
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🚨$PEPE WHALE #MOVES 500Billion PEPE WORTH $6M TO BINANCE — SELL SIGNAL? 🔴Massive Transfer: Whale moved 500B PEPE (~$6.14M) to Binance. 🔹Still Holding Big: Address retains 1.5T PEPE, worth ~$12.32M. 🔹Market Impact: Signals possible profit-taking or upcoming sell-off.
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