AI Financial Corp., (NASDAQ:AIFC), previously known as Alt5 Sigma, has reported an improved outlook despite suffering significant losses from a billion-dollar investment in a Trump-endorsed cryptocurrency. 

On Wednesday, the company disclosed in a Securities and Exchange Commission filing that the issues that led to its previous warnings to investors “have been substantially mitigated.” The company said it has enough liquidity and financial resources to support operations and meet its obligations for at least the next 12 months.

In August, the company, then known as Alt5 Sigma, entered into a $1.5 billion deal with the Trump family-backed World Liberty Financial (WLFI). Since…

Read more on Benzinga

Strategy CEO Says BTC Sale Blown Out Of Proportion

During an interview with CNBC, Le said that the firm would continue to sell its Bitcoin if “it makes sense” for its common stockholders.

He stated that the latest sale of 32 BTC, worth $2.5 million, was to “test” the company’s processes and wondered why it received so much attention.

“Institutional shareholders that we talk to don’t seem to be unnerved by it,” the CEO added. “I think the unnerving is the retail community that views on never selling your Bitcoin, who are crypto-anarchists. Frankly, we have a lot more than just them as constituents.”

Strategy To Remain BTC’s Biggest Buyer?

Le reiterated his belief in…

Read more on Benzinga

The odds of President Trump announcing a ceasefire between the U.S. and Iran have plummeted as the U.S. and Iran have started exchanging strikes.

Here’s What Prediction Market Is Saying

Over $1.5 million has been bet on the contract so far.

The odds of a deal being announced by June 12 have recorded a 43% decrease and bettors see a 7% probability of a deal by this date.

According to bettors, a deal is unlikely by June 15, placing a 15% probability on this date, down by 35%. The odds of a deal by June 30 are higher at 31%, but they have also recorded a decline of 22%.

Trump Says More Strikes Likely

Trump on Wednesday announced that additional military action could follow if Tehran fails to…

Read more on Benzinga

While Dogecoin (CRYPTO: DOGE) whales are accumulating, the crypto community is debating whether utility or speculation will ultimately determine the cryptocurrency’s future.

“Dogecoin Is For Spending, Not Holding“

In an X post on June 10, Timothy Stebbing, director at the Dogecoin Foundation, pushed back against critics who frequently dismiss ecosystem developments because they fail to trigger immediate price gains.

According to Stebbing, every announcement involving new Dogecoin features or utility improvements tends to attract the same responses from traders focused solely on price action.

“If you have ever read anything or listened to anything I’ve said in the last six years,…

Read more on Benzinga

Myth One: Bitcoin Is Too Volatile For Retirement Savings

Kline argued the opposite is true.

Retirement accounts carry the longest investment horizon available, often 20 to 40 years, and that duration matches Bitcoin’s long-term appreciation cycle better than almost any other asset class. 

The tax-advantaged structure compounds the advantage further, allowing Bitcoin’s gains to grow either tax-free or tax-deferred depending on the account type.

Pompliano framed it as a duration matching problem.

Short-term volatility becomes noise when the holding period stretches across decades, and pairing a long-duration vehicle like a retirement account with a long-duration asset like Bitcoin…

Read more on Benzinga

Debt Financing Weighs On Sentiment

Cipher Digital announced that its wholly-owned subsidiary, Stingray Compute LLC, priced a $810 million offering of 6% senior secured notes due 2031.

According to the announcement, the notes are priced at 99.750% of their principal amount in a private placement expected to close on June 15.

Cipher disclosed that it will provide a customary completion guarantee with respect to the Stingray Facility, under which it will fund the Issuer as necessary to ensure the timely completion of the Stingray Facility.

Tech And Crypto Weakness Add Pressure

Cipher’s slide is occurring alongside major market pullbacks. The tech-heavy Nasdaq is down 1.42%, while the S&P 500…

Read more on Benzinga

The highly anticipated initial public offering of Elon Musk’s SpaceX is creating ripple effects far beyond the aerospace sector, potentially reshaping capital flows across ETFs as investors raise cash to participate in what could become the largest IPO in history.

• iShares Bitcoin Trust stock is trading at depressed levels. Where is IBIT stock headed?

SpaceX is expected to debut with a valuation of roughly $1.75 trillion and has reportedly reserved as much as 30% of shares, or $22.5 billion worth of stock, for retail investors.

That unusually large retail allocation has fueled expectations that investors may sell other speculative assets, including cryptocurrencies and related…

Read more on Benzinga

‘One Of The Best Bear Markets’

Speaking on CNBC Squawk Box on June 10, Pompliano said Bitcoin’s recent weakness continues to align with the four-year market cycle that has historically defined the cryptocurrency’s boom-and-bust periods.

BTC prices have seen a 23% drop over the past 30-day trading and more than 50% plunge from its October 2025 peak. This leads some investors to question whether the cycle framework remains intact.

Pompliano argues the opposite. “I think more and more people are convinced that that four-year cycle is a real thing,” he said.

Despite the sharp decline, Pompliano noted that Bitcoin has avoided the devastating 80%-plus collapses that characterized previous…

Read more on Benzinga