Kazakhstan's July decree lets oil producers supply flared-gas power to crypto miners, as Crusoe did before assembling 10 gigawatts of AI projects. Crusoe sold those flare operations to NYDIG, so AI demand in Kazakhstan more likely lands on new grid capacity.
Reality
- Evidence55
- Adoption15
- Hype gap+40
- Incentives60
- Confidence50
Thirty people and a book of institutional trading relationships changed hands on terms nobody disclosed, which leaves the $4.329bn of quarterly revenue BitGo is now trying to put a spread on as the number to read.
Perspective Coverage
9 publishers
- Builder
- Builder 16%
- Operator
- Operator 36%
- Investor
- Investor 48%
Reality
- Evidence70
- Adoption40
- Hype gap+25
- Incentives55
- Confidence65
The Series F closed at a $30.9bn post-money valuation on one operating gigawatt and $140bn of contracted value spread across six. Turning the other five gigawatts into cash is what the new money bought.
Publishers:cryptopolitan.com · tpg.com Reality
- Evidence34
- Adoption44
- Hype gap+37
- Incentives84
- Confidence56
CoinShares marks stabilised data centre capacity at $27m a megawatt and energised mining capacity at $3m, and the conversion cost in between explains why Core Scientific, Keel, Cipher and IREN are walking away from hashrate.
Reality
- Evidence45
- Adoption38
- Hype gap+35
- Incentives70
- Confidence45
Nine days of purchases paid for by a security that disburses cash every business day is a demand read on the preferred rather than on bitcoin. The coins Strive bought last week at $79,431 are marked at $77,100.
Reality
- Evidence58
- Adoption61
- Hype gap+24
- Incentives72
- Confidence54
Custody+ adds digital asset custody later this year, starting with bitcoin, inside the framework Citi uses for traditional securities. The bank says it will hold native tokens rather than route them out.
Perspective Coverage
3 publishers
- Builder
- Builder 25%
- Operator
- Operator 35%
- Investor
- Investor 40%
Reality
- Evidence55
- Adoption30
- Hype gap+22
- Incentives72
- Confidence62