MarketsTrump Media: $406M Loss in Q1 2026 After Bitcoin Bet
Trump Media & Technology Group posted a $405.9M net loss in Q1 2026. Nearly $370M came from unrealized losses on Bitcoin and equity holdings.
Institutional Adoption — News - Page 35
Markets
Mining7 Major Bitcoin Mining Pools Join Stratum V2: Foundry, AntPool, MARA
Foundry (30% hashrate), AntPool (17.7%) and five others joined Stratum V2. Next Bitcoin difficulty adjustment: May 15, 2026. Up to 20% of miners at breakeven.
MiningIREN 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.
MarketsCoinbase Q1 2026 Loss: $394M and Revenue Miss
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.
MarketsKalshi Raises $1 Billion at $22 Billion Valuation: Prediction Markets Enter Institutional Era
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.
StablecoinsKraken Buys Reap for $600M: B2B Stablecoin Payments in Asia
Payward agreed to buy Hong Kong's Reap Technologies for up to $600M, adding card issuance and stablecoin payments to its B2B platform.
BitcoinHut 8 Signs $9.8B AI Data Center Deal, Stock Hits ATH
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.
InstitutionalJPMorgan and Mastercard Complete First Tokenized US Treasury Settlement on XRP Ledger
JPMorgan and Mastercard completed the first cross-border tokenized US Treasury settlement on XRP Ledger with Ondo Finance and Ripple, using Kinexys.
InstitutionalMorgan Stanley Launches Crypto Trading on E*Trade at 0.5% Fee
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.