Core Viewpoint - GameStop Corp. is exploring significant strategic moves, including increasing its stake in Bitcoin and potentially acquiring companies to boost its market capitalization, which currently stands at $11 billion, with aspirations to reach $100 billion [2][3][4]. Group 1: Stock Performance and CEO Compensation - GameStop shares are currently trading 81% below their 2021 high of $121 [2]. - If GameStop's market capitalization rises to $100 billion, CEO Ryan Cohen could earn $35 billion based on a recent compensation plan [3]. Group 2: Acquisition Strategies - GameStop is considering acquiring Marathon Digital for $5.5 billion, which would be a 35% premium, and could use its remaining cash of $2.5 billion to buy more Bitcoin, potentially transforming into a Bitcoin miner [5][6]. - The acquisition of Marathon could position GameStop as one of the largest Bitcoin producers, with the combined company's value potentially soaring five to ten-fold if Bitcoin prices rise significantly [6][7]. Group 3: Alternative Acquisition Options - An alternative acquisition target is Discord, valued between $5 billion to $8 billion, which could provide access to a large user base for targeted game-related promotions [13]. - Achieving a $100 billion market capitalization through the Discord acquisition might take three to five years, requiring $3 billion to $5 billion in revenue during that period [15]. Group 4: Market Conditions and Valuation - The premium on Bitcoin holdings has decreased, with the multiplier-to-net asset value falling from over 2.4 to around 1.1 due to high share dilution and investor concerns [10]. - Wall Street currently views GameStop as 42% overvalued, setting a price target of $13.50, indicating that achieving ambitious goals will require bold strategies [16].

Group 1 - Riot Platforms Inc. has been identified as a high short interest stock with significant upside potential, with Keefe Bruyette analyst Stephen Glagola raising the price target to $23 from $16 following a lease agreement with AMD [1] - The partnership with AMD is projected to generate approximately $311 million in contract revenue, providing Riot Platforms with a high-quality tenant and visibility for its HPC and AI strategy [2] - Needham also raised its price target for Riot Platforms to $30 from $28, citing the lease with AMD, although the lease economics are lower than industry peers, it offers an attractive yield on cost due to efficient capital expenditure of $3.6 million per MW [3] Group 2 - Riot Platforms operates as a Bitcoin mining company in the US, and while it shows investment potential, certain AI stocks are noted to offer greater upside potential with less downside risk [4]

Core Insights - American Bitcoin Corp. (NASDAQ:ABTC) has rapidly accumulated Bitcoin, becoming the 18th-largest Bitcoin treasury within five months of its public debut, holding 5,843 BTC valued at $520 million [2][5] - The company aims to surpass Galaxy Digital Inc. (NASDAQ:GLXY), currently the 17th-largest corporate holder of Bitcoin [3] Company Performance - American Bitcoin Corp. completed its all-stock merger and began trading on Nasdaq on September 3, 2025, operating as a hybrid Bitcoin mining and treasury company [5] - The stock has experienced a significant decline of approximately 76% since its launch, attributed to Bitcoin's price drop and the expiration of the lock-up period for early investors [6] Analyst Outlook - Roth Capital analyst Darren Aftahi has initiated coverage of ABTC with a "Buy" rating and set a price target of $4 [7]

Bitcoin mining stock prices were in free fall with the wider market on Thursday, with many marquee names down double digits as the market reckons with the Federal Reserve’s decisions to keep rates unchanged on Wednesday. In the hours after market open, bitcoin mining stocks that have been expanding into AI and pure-play bitcoin miners alike fell precipitously. Among the hardest hit were Cipher Mining (-9%), CleanSpark (-7.6%), TeraWulf (-7.3%), HIVE (-7.1%), Cango (-6.4%), IREN (-6.3%), Riot (-6.6%), and ...

Core Insights - Broad Peak Investment Advisers has acquired a new position in Riot Platforms, purchasing 1.41 million shares valued at $17.86 million, reflecting a significant investment in the company [1][2]. Company Overview - Riot Platforms is a leading U.S.-based Bitcoin mining and infrastructure company, focusing on digital asset production and specialized engineering services [6]. - The company operates large-scale Bitcoin mining facilities and provides engineered power distribution solutions for institutional clients [9]. - As of January 28, Riot's share price was $17.55, with a market capitalization of $6.53 billion, and revenue for the trailing twelve months (TTM) was $637.16 million, with a net income of $164 million [4]. Financial Performance - In the third quarter, Riot reported record revenue of $180.2 million, driven by higher Bitcoin prices and increased mining output, with net income reaching $104.5 million [11]. - The company ended the quarter with over $330 million in unrestricted cash and held approximately 19,300 Bitcoin on its balance sheet, indicating strong financial health and optionality [11]. Strategic Positioning - Riot Platforms represents 3.2% of Broad Peak's 13F reportable assets under management (AUM) after the recent trade, indicating a strategic investment focus [3]. - The company is evolving its business mix by leaning into data center development and power infrastructure, moving towards a more integrated role in high-density computing rather than solely a commodity play [12]. - The investment in Riot is framed as a move towards industrial leverage in digital infrastructure, rather than mere speculation in cryptocurrency [10].

The severe winter weather sweeping across the US has handed an unexpected windfall to well-prepared Bitcoin miners. Instead of using energy for mining, they’re selling that surplus power back to stressed power grids, making far more money than they would mining Bitcoin. “The grid may ask for that energy and the mining may turn off, but that means the grid is paying more for the energy than the miner is making by mining Bitcoin,” Scott Norris, chief mining officer at tokenised Bitcoin hashpower company Om ...

OP: To sustain those margins, you need scale. How many mining rigs are you currently operating, and how many megawatts of power are you using?Our all-in breakeven is around $50,000 USD per Bitcoin and is among the lowest in the industry. This advantage comes from maintaining very low energy costs as we are paying 3–4 cents per kWh , which is much cheaper than the US-wide average which sits around 12 cents per kWh. So we are very profitable even with Bitcoin at current levels. As for where the price is going ...

Core Viewpoint - A class action has been filed against Bitdeer Technologies Group, alleging that the company misled investors about its business prospects and the development of its SEALMINER A4 machine [1][2]. Group 1: Allegations and Misleading Information - The complaint claims that Bitdeer created a false impression regarding its reliable information on the development of the SEALMINER A4 machine, which was expected to enhance revenue through self-mining and external sales in fiscal year 2025 [2]. - Defendants allegedly misrepresented the progress of the SEAL04 chip design, which faced issues leading to delays in production and a "dual-track approach" to ensure mass production [2]. Group 2: Financial Performance and Market Reaction - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to R&D of its ASICs roadmap [3]. - Following the financial results announcement, Bitdeer's stock price dropped over 14%, from $17.65 per share to $15.02 per share [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by February 2, 2026, to serve as lead plaintiff, representing other class members [4]. - Shareholders can remain absent class members without participating in the case and still be eligible for recovery [4]. Group 4: Company Background - Robbins LLP is recognized for its leadership in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

Group 1 - Anthropic, the creator of AI chatbot Claude, is set to raise $20 billion in fresh investment, valuing the company at $350 billion [1] - The initial target for the investment round was $10 billion, indicating a higher demand for AI investments than expected [1] - The funding round is expected to deliver between $10 to $15 billion as early as Tuesday, with the remainder to be finalized in the coming weeks [2] Group 2 - The deal is led by Singaporean sovereign wealth fund GIC and U.S. investor Coatue, with significant contributions from Sequoia Capital [2] - Companies pivoting towards AI and high-performance computing, such as IREN and Cipher Mining, are experiencing significant stock gains, with increases of over 12% [3] - Microsoft and Nvidia have previously committed to investing $10 billion and $5 billion, respectively, into Anthropic [4]

Core Insights - Jacob & Co. has launched a limited edition Bitcoin-themed watch, Epic X GoMining, in collaboration with GoMining, which is limited to 100 pieces and retails for $40,000 [1][2] - The watch provides owners with 1,000 terahashes of Bitcoin mining power, allowing them to earn Bitcoin rewards [2][4] - GoMining's platform values 1 terahash at $23, with an expected monthly return of $1.20, suggesting that the mining power associated with the watch could yield approximately $1,200 monthly at current Bitcoin prices [3] Company and Industry Summary - The Epic X GoMining watch combines luxury craftsmanship with digital mining capabilities, appealing to collectors seeking multifunctional luxury items [4] - The watch will be officially introduced at the Consensus cryptocurrency conference and will be available at Jacob & Co. showrooms in Miami and New York, as well as online [4]