BitcoinMARA Buys Long Ridge Energy for $1.5B: Bitcoin Miner Pivots to AI Infrastructure
MARA Holdings acquired Long Ridge Energy for $1.5B: a 505-MW Ohio gas plant and AI data center site. Shares jumped 12% on the news.
BitcoinMARA Holdings acquired Long Ridge Energy for $1.5B: a 505-MW Ohio gas plant and AI data center site. Shares jumped 12% on the news.
RegulationTreasury Secretary Scott Bessent confirmed the US seized nearly $500M in Iranian crypto assets. Tether froze $344M in USDT at OFAC's request.
StablecoinsMeta started paying Facebook and Instagram creators in USDC stablecoin via Stripe on Solana and Polygon. Pilot launch in Colombia and the Philippines.
StablecoinsVisa added Base, Polygon, Canton, Arc and Tempo to its stablecoin settlement pilot. Annualized volume grew from $4.7B to $7B in Q1 2026.
RegulationCelsius founder Alex Mashinsky will pay the FTC $10 million and faces a lifetime ban on financial promotions. The $4.72 billion judgment is suspended.
MarketsRobinhood Q1 2026 earnings: crypto revenue fell 47% to $134M, trading volume down 48%. EPS and revenue missed estimates. HOOD shares dropped 9.4%.
MarketsGalaxy Digital reported a $216M net loss in Q1 2026. Hyperliquid exposure partially offset losses. The Helios AI data center campus targets Q2 revenue.
TechnologyGemini launched Agentic Trading with Claude and ChatGPT support. The first AI trading tool available directly on a regulated US crypto exchange.
StablecoinsWestern Union is launching USDPT stablecoin and Stable Card in May 2026 on its DAN network, connecting crypto wallets to 8,000+ offices in 150 countries.