Susquehanna International Group (SIG), a leading quantitative trading firm, has disclosed a substantial investment in Bitcoin Exchange-Traded Funds (ETFs). The company’s filings with the United States Securities and Exchange Commission (SEC) reveal holdings exceeding $1.8 billion across various Bitcoin ETFs.

According to the filings, SIG’s largest position is in Grayscale’s spot Bitcoin ETF (GBTC), with investments totaling over $1 billion alone. This significant allocation underscores SIG’s confidence in Bitcoin’s long-term potential as a financial asset.

The recent 13F filing with the SEC shows SIG’s massive investment in Bitcoin ETFs — SEC

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Financial guru Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has issued a stark warning about a potential economic depression. Kiyosaki emphasizes the importance of readiness, criticizing the complacency of those living in a metaphorical “Disneyland.” He asserts that while he does not desire a depression, preparing for the worst is crucial. Over the years, Kiyosaki’s strategies have included investing in real estate, accumulating gold and silver, and, notably, increasing his Bitcoin holdings.

Kiyosaki believes that economic downturns present unique opportunities to accumulate wealth. According to him, depressions can be a golden time for those who are well-prepared. He encourages people to leverage such times to enhance their financial standing, specifically through strategic investments in Bitcoin, which he views as a prudent asset in times of crisis.

His message concludes with a call to action, urging everyone to prepare for exciting times ahead. Kiyosaki’s focus on Bitcoin underscores its potential stability and growth amidst economic uncertainties, positioning it as a vital asset for those looking to thrive during challenging economic times.

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$1M – $10M MarketCap:

1. StoryFire (BLAZE): 31%
2. Rainmaker Games (RAIN): 28%
3. Playbux (PBUX): 17%
4. Cirus (CIRUS): 15%
5. Reality Metaverse (RMV): 7.6%

$10M – $100M MarketCap:

1. Doland Tremp (TREMP): 163%
2. Lybra (LBR): 65%
3. TARS Protocol (TAI): 49%
4. Augur (REP): 22%
5. Wrapped Ampleforth (WAMPL): 19%

$100M – $1B MarketCap:

1. Celsius Network (CEL): 69%
2. MAGA (TRUMP): 41%
3. Frontier (FRONT): 28%
4. UMA (UMA): 28%
5. Ampleforth (AMPL): 19%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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The North American Bitcoin mining leader, Core Scientific, has announced a remarkable turnaround with a $210.7 million net income for Q1, starkly contrasting the negligible loss of $0.4 million in the same period last year. This year’s first quarter also saw a surge in revenue to $179.3 million, fueled by $150 million from crypto mining and $29.3 million from hosting—a significant jump from last year’s $120.6 million.

Amidst these financial gains, the company boasted a Bitcoin production of 2,825 BTC, valued at $172.5 million, making it the top producer among its North American peers. Additionally, Core Scientific’s mining infrastructure has grown to 745 megawatts, further solidifying its market dominance.

Exploring new horizons, CEO Adam Sullivan highlighted ongoing discussions to transform over 500 megawatts of mining infrastructure for high-performance computing applications, targeting lucrative markets including artificial intelligence. This strategic pivot is anticipated to unfold over the next three to four years, enhancing revenue streams as new clients are onboarded.

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