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blockonomi.com MicroStrategy’s Stock Defies S&P’s B- Rating with Surprising Price Jump

TLDR MicroStrategy stock rose despite receiving a B- credit rating from S&P Global Ratings. S&P highlighted concerns over MicroStrategy’s high Bitcoin concentration and weak liquidity. Michael Saylor framed the low credit rating as a positive milestone for the digital asset treasury sector. The company’s strong access to capital markets and prudent management were viewed as [...] The post MicroStrategy’s Stock Defies S&P’s B- Rating with Surprising Price Jump appeared first on Blockonomi.

news.bitcoin.com US Energy Department, AMD Partner on $1B AI Supercomputing Project

Reuters first reported the partnership between the U.S. Department of Energy (DOE) and Advanced Micro Devices (AMD), marking a $1 billion public-private initiative to advance artificial intelligence (AI) and high-performance computing for scientific research. DOE Taps AMD to Lead $1B Supercomputing Push for AI and Science Announced Monday in an exclusive report published by Reuters, […]

blockonomi.com Mystery Surrounds Changpeng Zhao’s D.C. Statue After Trump’s Pardon

TLDR Changpeng Zhao, founder of Binance, will have a 14-foot statue unveiled in Washington D.C. The statue is painted gold and features Zhao’s iconic four-finger gesture symbolizing resilience. The statue will be displayed outside the U.S. Capitol before being offered to Zhao or auctioned. Zhao received a pardon from U.S. President Donald Trump after pleading [...] The post Mystery Surrounds Changpeng Zhao’s D.C. Statue After Trump’s Pardon appeared first on Blockonomi.

blockonomi.com Republican Senator Warns: Time Running Out to Pass Crucial Crypto Bill

TLDR Senator Thom Tillis warns that time is running out to pass a crucial crypto bill before election-year politics interfere. Tillis stresses the need for action by early 2026 to avoid delays caused by the upcoming midterm elections. The ongoing US government shutdown has delayed progress on key crypto-related bills currently under consideration. The CLARITY [...] The post Republican Senator Warns: Time Running Out to Pass Crucial Crypto Bill appeared first on Blockonomi.

blockonomi.com Bitwise’s Solana Staking ETF (BSOL) Arrives on NYSE This Week

TLDR Bitwise is launching the first-ever Solana Staking ETF, named BSOL, on the New York Stock Exchange this Tuesday. The BSOL ETF will offer 100% direct exposure to the spot price of Solana (SOL), providing a unique investment opportunity. Bitwise aims to capitalize on Solana’s growing mainstream adoption with the launch of its Solana Staking [...] The post Bitwise’s Solana Staking ETF (BSOL) Arrives on NYSE This Week appeared first on Blockonomi.