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MicroStrategy shares rose after the company added $980 million in Bitcoin to its treasury, reinforcing its digital asset strategy. Separately, Roku stock gained over 5% after Morgan Stanley issued a double upgrade, citing strong growth in streaming advertising.
Ark Invest has executed a strategic purchase of over $32 million in shares of key digital asset companies, including Coinbase (COIN), Circle (CRCL), and Bullish (BLSH). The move signals strong institutional conviction in crypto-related infrastructure, contrasting with recent volatility in the sector.
Hyperscale Data (GPUS) announced its Bitcoin treasury now represents 97.5% of its market capitalization, totaling approximately $75.5 million. This move aligns with its strategy to build a $100 million digital asset reserve, positioning the AI data center firm as a significant corporate holder of Bitcoin.
Publicly traded US Bitcoin miners face a profitability crisis, prompting a strategic split. Many are converting data centers for AI, while 'pure-play' miners like American Bitcoin face investor scrutiny despite some analyst support.
The U.S. government has partially relaxed its ban on advanced AI chip exports to China, while Meta Platforms is pivoting from the metaverse to a massive $600 billion AI infrastructure build-out. These events highlight an escalating global arms race for dominance in artificial intelligence, impacting semiconductor stocks, corporate strategy, and national policy.
NVIDIA reinforces its market leadership through a strategic partnership with Amazon Web Services (AWS), which will integrate NVIDIA's core technology into its next-generation AI chips. This move solidifies NVIDIA's ecosystem and competitive moat despite rising competition from hyperscalers developing their own silicon.