
IREN and Nvidia Strike $3.4 Billion AI Infrastructure Deal
Bitcoin miner IREN and Nvidia announced a $3.4B cloud GPU deal and 5 GW AI infrastructure plan. IREN shares jumped 26% after the announcement.

Bitcoin miner IREN and Nvidia announced a $3.4B cloud GPU deal and 5 GW AI infrastructure plan. IREN shares jumped 26% after the announcement.

Zcash (ZEC) climbed from $346 to $593 in 7 days. Multicoin Capital disclosed a major position, shielded pool at record 30%. Rally drivers and risks.

Coinbase reported a $394.1M net loss in Q1 2026, missing revenue estimates by $90M. Transaction revenue fell 40% year over year, shares down 4.7% after hours.

Kalshi raised $1 billion at a $22 billion valuation in its Series F, led by Coatue with a16z, Sequoia, and Morgan Stanley. Revenue run rate topped $1.5 billion.

Payward agreed to buy Hong Kong's Reap Technologies for up to $600M, adding card issuance and stablecoin payments to its B2B platform.

Bitcoin miner Hut 8 signed a $9.8B, 15-year AI data center lease in Texas. Shares surged 33% to ATH $109.88 despite a $253M Q1 net loss.

Bitwise CIO Matt Hougan says stablecoins need Apple, Google and Stripe to grow beyond $4 trillion. Explains the corporate payment case and GENIUS Act impact.

JPMorgan and Mastercard completed the first cross-border tokenized US Treasury settlement on XRP Ledger with Ondo Finance and Ripple, using Kinexys.

Morgan Stanley rolled out a crypto trading pilot on E*Trade at 50 bps per trade, below Coinbase, Robinhood and Schwab. 8.6M clients get access in 2026.