News linked to this event type.
Odaily News Bitcoin miner Hut 8 has announced the signing of a 15-year, $9.8 billion lease agreement to provide capacity for the first 352-megawatt phase of its AI data center at the Beacon Point site in Texas. Following the news, Hut 8's stock price surged 33% to $107, reaching an all-time high. The IT capacity covered by the agreement will support hyperscale AI training and inference workloads. Hut 8's total contracted AI data center capacity now stands at 597 megawatts, with a total contract value of approximately $16.8 billion. The estimated average annual net operating income is around $1.1 billion. The site is expected to begin power supply in the first quarter of 2027, with the first data hall delivered in the third quarter of the same year.
Core Scientific has announced the acquisition of Oklahoma-based Bitcoin mining company Polaris DS LLC for $421 million. Through this acquisition, Core Scientific will obtain Polaris's 440-megawatt contracted power agreement with Oklahoma Gas & Electric, aiming to rapidly expand its AI business. The transaction is expected to close in the third quarter of 2026.Currently, Core Scientific is renovating and expanding its existing mining sites in Texas, Georgia, North Carolina, and Oklahoma to support high-density hosting services for AI and compute-intensive workloads. The company has already begun construction of a new 82.5-megawatt facility in Muskogee, with plans to eventually provide 1 gigawatt of leasable power at the site.
According to an official announcement, OpenAI has partnered with AMD, Broadcom, Intel, Microsoft, and NVIDIA to launch Multipath Reliable Connection (MRC), a new open networking protocol designed to help large AI training clusters operate at higher speeds and with greater reliability, while reducing GPU time waste.
Drift Protocol released an explanation of its redemption mechanism, stating that users may redeem at any time after the redemption window opens. However, early redemptions will be fulfilled at the current pool’s proportional share, resulting in a recovery value lower than the full claim amount. Conversely, holders who delay redemption may receive a higher recovery price as the pool’s size grows. The protocol emphasizes that this mechanism aims to balance liquidity with the distribution of returns to long-term holders.
Odaily News: Bitcoin mining company CleanSpark released its April operational data, reporting a mining output of 640 BTC for the month and a total sale of 748 BTC. As of the end of April, CleanSpark's total Bitcoin holdings dropped to 13,453 BTC. CleanSpark stated that its Bitcoin mining operations will continue to serve as a source of funding to support the expansion of future AI data centers and hyperscale computing clients, and will advance its transition path toward an AI infrastructure platform.
According to an official announcement, Coinbase will list KAIO (KAIO) spot trading on May 6. If liquidity conditions are met and trading is supported, the KAIO-USD trading pair will open later today.
According to on-chain analyst Ember (@EmberCN), the gold XAU perpetual contract, launched in December last year, has maintained a daily trading volume of approximately $2–3 billion and currently ranks among the top 10 assets across the entire crypto market. He noted that gold XAU has become a prominent mainstream trading asset in the crypto market. In the past 24 hours, Binance, Bitget, and OKX—the three major centralized exchanges—collectively accounted for 84% of the gold XAU perpetual contract’s trading volume.
According to PRNewswire, crypto-friendly investment app Public has announced the acquisition of AI-powered investment services platform Treasury App. The acquisition amount has not been disclosed. This transaction aims to strengthen Public’s AI-driven brokerage business strategy, with a focus on upgrading its investment experience centered around AI. Public currently supports trading in stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL.
QCP’s market analysis notes that with Trump pausing “Project Freedom,” the geopolitical risk premium has receded, leading to lower oil prices, higher U.S. equities, and a weaker U.S. dollar—BTC has rebounded above $80,000, reflecting improved liquidity, a softer dollar, and rising risk appetite as a high-beta asset. However, the options market has not yet confirmed a full breakout: the one-month at-the-money implied volatility stands at approximately 41%, front-end volatility is weakening, and the 30-day risk reversal remains in a relatively elevated put-protective state at around −5.5 volatility points. QCP also cautions that Japan’s markets are emerging as a new macro stress point; further yen weakness and rising Japanese government bond yields could marginally tighten global liquidity. Currently, BTC needs to sustainably break above the $82,000–$83,000 range.
According to PRNewswire, Nasdaq-listed Bitcoin mining company Hut 8 released its financial results for the first quarter of 2026, reporting $1.68 billion in revenue from leases for its two hyperscale AI campuses. While advancing its AI data center business, its Bitcoin-related operations remain one of its core revenue sources: total Q1 revenue amounted to $71 million, of which approximately $66 million came from ASIC computing power, AI cloud, and traditional cloud services—primarily driven by Bitcoin mining and related computational services. Additionally, Hut 8 completed a refinancing of its Bitcoin-backed loans, unlocking approximately 3,300 BTC (valued at roughly $260 million) to enhance liquidity and support business expansion. As of the end of March, Hut 8 held cash and Bitcoin with a combined value of approximately $1.3 billion. However, due to digital asset price volatility, the company reported a net loss of $253 million for the quarter—including approximately $296 million in unrealized digital asset losses.
: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
According to an official announcement, WorldClaw has partnered with World Liberty Fi to launch WorldRouter, enabling users to access over 300 AI models through a single account—at prices approximately 30% lower than the public list prices set by the respective model providers. WorldClaw states that this product serves as the first entry point to its AgentOS. As introduced, AgentOS is built on BNB Chain, Solana, and Tempo, and supports settlement in USD1. The platform has also unveiled a tiered program, including earning AI credits, WorldClaw Points, and other benefits through either spending USD1 or staking WLFI tokens.
According to an official announcement, Binance Futures will update the leverage and margin tiers for USDⓈ-M perpetual contracts including TSLAUSDT, SNDKUSDT, MUUSDT, CRCLUSDT, INTCUSDT, MSTRUSDT, NVDAUSDT, and PLTRUSDT at 12:00 (Beijing Time) on May 8, 2026. Existing positions will be affected after the update, and grid trading orders for these contracts may expire due to the adjustment. Users are advised to adjust their positions in advance to avoid risks.
According to LatePost, Kimi, a product of Moonshot AI, is about to complete a new round of financing worth $2 billion, pushing its post-money valuation beyond $20 billion. This round is led by Meituan Longzhu, with participation from China Mobile and CPE Capital; Meituan Longzhu’s investment exceeds $200 million. The report notes that, including three financing rounds already completed in January and February this year, Kimi has raised over $3.9 billion in less than six months—more than RMB 3.76 billion in total—making it one of the most well-funded large-model startups. The article also mentions that in April, Kimi released and open-sourced its new model K2.6, enhancing its programming and Agent cluster capabilities.
Brazilian listed company OranjeBTC (OBTC3) has voted in favor of Strategy's proposal to adjust STRC dividends to semi-monthly distribution. OranjeBTC stated that it believes this adjustment could reduce volatility, deepen liquidity, and drive stronger demand. (BitcoinTreasuries.NET)
Odaily Seer monitoring shows a new prediction event on Polymarket: “Will US and Iran reach a permanent peace agreement before Trump’s visit to China?”. Currently, the probability of reaching a permanent peace agreement is temporarily reported at 7%.Previously, in mid-April, a spokesperson for the Chinese Ministry of Foreign Affairs stated that China and the US are maintaining communication regarding Trump’s visit to China, but there has been no recent progress on the matter.The settlement rule for this event is: If the US and Iran reach a permanent peace agreement before Trump’s visit to China, the market will be resolved as “Yes”. Otherwise, the market will be resolved as “No”.If, by 11:59 PM Eastern Time on December 31, 2026, neither a qualifying peace agreement has been reached nor has Trump’s visit to China occurred, the market will be resolved as “No”.A permanent peace agreement refers to any agreement that explicitly states that military hostilities between the US and Iran have ended or will permanently cease, or an agreement using similar wording that explicitly indicates the permanent end of military hostilities between the US and Iran. Agreements explicitly designated as temporary or that do not include the permanent end of military hostilities between the US and Iran do not qualify.A qualifying agreement is considered to have been reached if any of the following conditions are met:1. The United States and Iran each sign or formally adopt a written agreement (e.g., a treaty or multi-article agreement) that meets the criteria above.2. Both the US and Iranian governments publicly and explicitly confirm that a qualifying agreement has been finalized. Negotiations, statements of progress, or other final statements that do not constitute a finalized qualifying agreement will not be recognized.In this market, “visit” is defined as Trump physically entering the land or territorial waters of the listed country. Whether Trump enters the country’s airspace during the market period is irrelevant to the final outcome.The primary basis for determining whether a peace agreement has been reached is official information from the US and Iranian governments, but consensus from credible reports may also be consulted. The primary source for Trump’s visit to China is official information from the US government, as well as official information posted by Trump himself or his verified social media accounts. However, consensus from other credible reports will also be considered.Odaily Seer continuously follows the prediction market, seeing changes before the pricing.
Bitget Launchpool is set to launch the KAIO project, with a total reward pool of 10,000,000 KAIO tokens. The staking period will run from 21:00 on May 6 to 21:00 on May 13 (UTC+8).
According to CoinDesk, cryptocurrency custody provider Taurus has obtained a MiFID II investment license from the Cyprus Securities and Exchange Commission (CySEC), enabling it to offer tokenized financial instrument services to EU banks and asset management firms, and supporting secondary trading of tokenized bonds, fund shares, equities, and structured products. Additionally, Taurus already holds a license from the Swiss Financial Market Supervisory Authority (FINMA), and its application under the EU’s Markets in Crypto-Assets Regulation (MiCA) is underway.
According to a Reuters report citing the Financial Times, China’s largest state-backed semiconductor investment fund—the China Integrated Circuit Industry Investment Fund (“Big Fund”)—is negotiating to lead DeepSeek’s Series A financing round, which could value the cutting-edge AI lab at approximately $45 billion. Citing four people familiar with the matter, the report states that negotiations are still ongoing.
According to the official announcement, HTX has launched the DOGS/USDT perpetual contract on May 6, supporting long and short positions with leverage ranging from 1x to 20x.