Core Insights - The article presents a contrasting view of the analyst's portfolio, highlighting a diverse range of stocks that the analyst is interested in [1] Group 1 - The analyst has a beneficial long position in shares of WULF, GOOG, AMZN, CRWV, NVDA through various means such as stock ownership and options [2] - The article expresses the analyst's personal opinions and is not influenced by compensation from any company mentioned [2] - There is an emphasis on conducting personal in-depth research and due diligence before making investment decisions due to associated risks [3]

Core Insights - South Korean investors aggressively invested $1.24 billion into US tech and crypto-linked assets during the Chuseok holiday week, despite domestic markets being closed [1][8] - The investment trend included significant purchases in leveraged ETFs and high-growth stocks, indicating a strong risk appetite among retail investors [3][4] Investment Highlights - The most popular investment was the Direxion Daily Tesla Bull 2X ETF, with net purchases totaling $151 million [4] - Other notable investments included $105 million in Iris Energy, an Australian Bitcoin mining firm, $100 million in Meta Platforms, and $96 million in Tesla shares [4] - The T-REX 2X Long BMNR Daily Target ETF, which tracks Bitmine Immersion Technologies, saw around $95 million in purchases, ranking fifth among foreign investments [5] Market Context - The buying spree followed a strong rally in the Kospi Index, which reached new highs before the holiday, driven by optimism over US tech resilience and local stimulus plans [5] - However, the timing of the investments coincided with a global market pullback due to renewed US–China trade tensions, leading to a 1.7% drop in the Kospi Index upon reopening [6][8] - Analysts are uncertain whether Korean retail traders will maintain their aggressive investment strategies in light of the recent market volatility [6]

Bitcoin mining stocks, particularly those with an AI pivot in place experienced resiliency in the first hour of trading on Monday, October 13. Friday’s afternoon session saw massive market volatility as stocks and crypto sold off after President Trump stated that he would impose large tariffs on China. Get these headlines directly to your inbox: subscribe to Blockspace. Despite the scare, mining stocks managed to finish the week up significantly from the opening bell at the start of the week. Hive Digital ...

TeraWulf Begins Construction of Bitcoin Mine Expansion on the Shores of Lake Mariner, New York https://t.co/WjKmLEAcw5 ...

Core Insights - Marathon (NASDAQ: MARA) has seen a 32% increase in stock price since the last coverage, yet it trades at approximately 9x EV/EBITDA, which is significantly lower than its peers [1] Company Analysis - The market primarily perceives Marathon as a Bitcoin-focused company, which may limit its valuation compared to its actual business potential [1] - The company demonstrates a proven track record in scaling businesses, smart capital allocation, and insider ownership [1] - Consistent revenue growth and credible guidance are highlighted as key strengths [1] Market Positioning - Marathon possesses a strong technology moat and first-mover advantage, contributing to its competitive positioning [1] - The company benefits from network effects that drive exponential growth and market penetration in high-growth industries [1] Financial Health - Sustainable revenue growth and efficient cash flow are critical aspects of Marathon's financial health [1] - The company maintains a strong balance sheet and a long-term survival runway, avoiding excessive dilution and financial weakness [1] Valuation Metrics - The valuation approach includes revenue multiples compared to peers and DCF modeling, ensuring downside protection while maximizing upside potential [1] Portfolio Strategy - The investment strategy includes core positions (50-70%) in high-confidence, stable plays, growth bets (20-40%) in high-risk, high-reward opportunities, and speculative positions (5-10%) in moonshot disruptors with massive potential [1]

Group 1: Kalshi's Funding and Growth - Kalshi has closed a significant funding round of $300 million, raising its valuation to approximately $5 billion, indicating strong investor confidence in prediction markets [1] - The platform's weekly trading volume has surpassed $1 billion, more than tripling from the previous year, and it now serves users in over 140 countries, capturing over half of the prediction market space [2] - Major investors in this funding round include Sequoia Capital, Andreessen Horowitz, and Coinbase Ventures, highlighting the interest from prominent venture capital firms [1][2] Group 2: Appeal and Regulation of Prediction Markets - Prediction markets are gaining traction as they allow users to trade based on real-world event outcomes, merging speculation with actual data, which attracts investor attention [3] - These markets benefit from fewer regulations compared to traditional betting companies, enabling rapid growth and lower costs, although they face criticism for being labeled as untaxed gambling [4] - As Kalshi expands and attracts more users, regulatory scrutiny is expected to increase, necessitating careful navigation of compliance issues [5] Group 3: Bitcoin Miners and AI Opportunities - Bitcoin miners are beginning to explore opportunities in AI and high-performance computing, leveraging their existing power setups and energy contracts [6] - An example of this trend is Bitfarms, which has repurposed a $300 million debt facility to fund its Panther Creek data center, indicating a shift towards infrastructure provision for both crypto and AI demands [7]

Core Insights - Multiple Bitcoin mining stocks experienced significant gains despite a market downturn triggered by President Trump's tariff announcement on China [1][2] Company Performance - HIVE (Nasdaq: HIVE) led the week with a 40% return from Monday open to Friday close [2] - BitFarms (Nasdaq: BITF) followed with a 31% return [2] - IREN (Nasdaq: IREN) shares nearly doubled, opening at $30.68 on September 10 and closing just under $60 on October 10 [3] Market Trends - The average one-month return for Bitcoin miners was 73.26% [3] - Despite the gains in Bitcoin mining stocks, broader asset classes faced declines, with BlackRock's IBIT Bitcoin ETF down 3.7%, and SPY and QQQ ETFs down 2.7% and 3.5%, respectively [2][4]

10/10/2025Futures rose early Friday. Applied Digital surged on blowout results, boosting other data center plays. China opened an antitrust probe... 10/10/2025Futures rose early Friday. Applied Digital surged on blowout results,... Related news Stock Market Today: Dow Rises As AI Play Soars; Oracle Eyes Buy Point (Live Coverage) Bitcoin miners continued to surge on Friday after Bernstein put out a note on their competitive artificial intelligence advantages. Iren, Bitfarms, CleanSpark and TeraWulf all charg ...

Core Insights - Bernstein analysts have assigned an "outperform" rating to IREN Limited due to its strong power capacity amid the AI boom [1][8] - IREN is the world's leading Bitcoin miner with a market capitalization exceeding $17 billion [2] - The company has access to 3 GW of operational and under-development power capacity in North America [5] Company Performance - IREN generated approximately $1.1 billion in annualized revenue and $650 million in EBITDA at current Bitcoin prices [6] - Revenue is projected to grow from $286 million in 2024 to $2.1 billion in 2027, with AI expected to contribute more than half of this revenue [7] - By 2027, AI and power segments are anticipated to represent 87% of IREN's enterprise value, while Bitcoin mining will account for 13% [7] Market Position - The company has significant access to grid-connected power, totaling over 14 GW, which is a scarce resource in the U.S. [4] - IREN's involvement in AI cloud operations is growing, leveraging its strong performance in Bitcoin mining [6][7] - The stock price target has been reiterated at $75, with the stock experiencing over 100% growth in a month and 800% in a year [8]

Core Points - Abits Group Inc will hold its 2025 annual meeting of shareholders on November 21, 2025, at 11:00 A.M. Hong Kong Time [1] - Shareholders as of the record date, close of business on October 17, 2025, are entitled to vote at the meeting [1] - The deadline for shareholders to submit proposals for consideration in a proxy statement is October 20, 2025 [2] - Abits Group Inc was formed after a merger with Moxian, Inc. in August 2021 and operates self-mining operations in Tennessee through its subsidiary, Abit USA, Inc. [3]