Singapore-based Genius Group (NYSE: GNS), an AI-powered Bitcoin-first education firm, has increased its Bitcoin holdings by 28 BTC, bringing the total to 148 BTC—a 23% increase. The treasury is now earning an annualized ~113% yield.
AI-infrastructure company CoreWeave, backed by Nvidia, is acquiring crypto-mining firm Core Scientific in an all-stock deal worth $9 billion, marking a strategic shift toward supporting AI workloads on repurposed mining sites. The acquisition will relieve Core Scientific of over $10 billion in lease obligations.
Bitcoin slipped about 0.7% to $108,292, with Ethereum off 0.3%, amid fears of U.S. trade tariffs affecting tech stocks. MicroStrategy paused its BTC purchases for the first time since April—notably coinciding with heightened geopolitical tensions.
UK’s FCA fined digital bank Monzo £21 million (~$28.6M) due to insufficient safeguards against financial crime, including lax customer onboarding. The case underlines growing regulatory scrutiny at the intersection of crypto and digital finance.
