Blockspace

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Blockspace

Blockspace

@blockspace

Covering AI/HPC, Bitcoin, and Quantum Compute.

mempool Beigetreten Şubat 2018
184 Folgt11.4K Follower
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Blockspace
Blockspace@blockspace·
PRIME TRUST LITIGATION SUES SWAN BITCOIN Prime Trust’s litigation trust has sued Swan over pre-bankruptcy transfers totaling roughly 12,000 BTC, plus cash and stablecoins. At current BTC prices, the assets in dispute would be worth close to $970 million, though the filing does not explicitly seek a fixed dollar amount. "Swan—unlike most of Prime’s customers—did not suffer significant losses because Swan had insider, non-public information," the complaint alleges. Swan used Prime Trust as a custodian for its retail exchange business, before Prime Trust suffered a catastrophic loss of funds, leading to receivership in the State of Nevada in 2023. Prime Trust is demanding the return of funds transferred as part of its Chapter 11 process. Swan has yet to respond in court. Read the full article in the reply.
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Blockspace@blockspace·
Claim: New Utah datacenter is equivalent to 23 atomic bombs per day We explain why this and other claims are pretty misleading. h/t @lthlnkso
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Blockspace@blockspace·
$STRC vs $SATA: which is better? "I think it's going to become a frequency war" says @starkandlime "There's a real psychological principle... I think when investors are seeing daily gains they may start moving from $STRC to $SATA"
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Matt Cole
Matt Cole@ColeMacro·
Strive acquired an additional 382 $BTC for ~$30.3 million at an average cost of ~$79,348 per bitcoin. STRIVE SNAPSHOT Bitcoin holdings: 15,391 QTD BTC Yield: 6.6% YTD BTC Yield: 18.4% Amplification ratio: 44.3% $ASST $SATA
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Blockspace@blockspace·
$IREN CEO Daniel Roberts when asked about Dell & Nvidia: “The opportunity with those partners is to work closely and build out the whole ecosystem”
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Blockspace@blockspace·
$IREN CEO Dan Roberts: “We have a great relationship with Dell and Nvidia” IREN x Nvidia • $3.4 billion, 5-year AI cloud contract • Nvidia investment option up to $2.1B • 5 GW of Nvidia DSX AI infrastructure IREN x Dell: • $5.8B purchase agreement for GB300 hardware • Dell supplies full AI infrastructure
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Blockspace retweetet
Blockspace
Blockspace@blockspace·
PRIME TRUST LITIGATION SUES SWAN BITCOIN Prime Trust’s litigation trust has sued Swan over pre-bankruptcy transfers totaling roughly 12,000 BTC, plus cash and stablecoins. At current BTC prices, the assets in dispute would be worth close to $970 million, though the filing does not explicitly seek a fixed dollar amount. "Swan—unlike most of Prime’s customers—did not suffer significant losses because Swan had insider, non-public information," the complaint alleges. Swan used Prime Trust as a custodian for its retail exchange business, before Prime Trust suffered a catastrophic loss of funds, leading to receivership in the State of Nevada in 2023. Prime Trust is demanding the return of funds transferred as part of its Chapter 11 process. Swan has yet to respond in court. Read the full article in the reply.
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Blockspace@blockspace·
Gradually, then suddenly: Pariah states like Iran & North Korea are adopting Bitcoin. "This is the most dangerous moment for Bitcoin since the China mining ban in 2021" says @starkandlime
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Blockspace@blockspace·
. @leopoldasch's fund Situational Awareness just revealed he is long bitcoin miners & short semiconductors. The fund bought $CRWV $IREN $CLSK $KEEL $APLD $RIOT $BTDR and exited $HUT and $CIFR
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Blockspace@blockspace·
LIVE in <30m! → Iran likes Bitcoin because it's uncensorable → @PrimeTrustCo filing vs @Swan → Datacenter protests →$IREN buys... Awaken? → hive:native $3.5b Ontario Factory @HIVEDigitalTech
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