The move came after the company’s latest update on its so-called “Genius Plan,” now in an execution validation phase tied to its Bitcoin treasury strategy. The initiative has generated $190,000 in realized gains and includes a $95,000 share repurchase program set to begin June 6.

China-based Antelope is positioning the plan as a shift toward more active digital asset management aimed at enhancing shareholder returns through buybacks and crypto exposure.

Custody Partnership and Capital Plans

CEO Tingting Zhang said the company plans to allocate 90% of proceeds from its recently effective $200 million Form F-3 shelf registration toward further investments in the “Genius Plan.”

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Earnings Snapshot

The company reported EPS loss of $1.52, missing analyst expectations of 50 cents. Revenue came in at $136.4 million, also below the $145.4 million consensus estimate.

Gross margin came in above 40%, down from 47% in the previous quarter. The company posted a net loss of about $378 million, including $263 million in non-cash mark-to-market charges.

It reported adjusted EBITDA loss stood at $241.2 million versus a loss of $57.8 million in the year-ago quarter.

As of March 31, 2026, the company’s cash position stood at $260.3 million.

“This quarter, we accelerated our digital infrastructure evolution across four key areas: land and power development, with ERCOT approval of 300…

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AI Spending And War Create Perfect Environment For Bitcoin

Hayes laid out his thesis in a new essay titled “The Butterfly Touch,” arguing that the combination of AI buildout and the US-Iran war creates the perfect environment for Bitcoin.

The political will to win the AI race combined with funding the buildout through printed money and bank loans produces vastly more units of fiat tomorrow than today. 

Hayes explained that as the cost per unit of intelligence declines, the complexity of models and tasks performed by AI agents increases. That means compute consumption increases exponentially, which is the essence of Jevons Paradox.

When Does The AI Orgy End?

Hayes believes two events will…

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Saylor Says Bitcoin Sale Impact Would Be Immeasurable

Saylor sat down with CoinDesk at Consensus in Miami to address concerns raised during Strategy’s earnings call about potentially selling Bitcoin to fund dividend obligations.

“If we were to fund all of our dividends exclusively by selling bitcoin over the next year, we would buy 20 Bitcoin for every one we sold,” Saylor said. 

“So it’s no different than buying 20 Bitcoin and selling no Bitcoin,” he added.

From a market perspective, the impact would be minimal since Bitcoin has somewhere between $20 and $50 billion of liquidity today. 

If Strategy were to fund all dividends with Bitcoin, it would be around $3 million, which…

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Bitcoin is holding above $80,000 as traders await key U.S. CPI inflation data. Bitcoin ETFs saw $27.3 million in net inflows on Monday, while Ethereum ETFs reported $16.9 million in net outflows.    

Meme coin market capitalization is trading 2.9% lower at $39.3 billion over the past 24 hours.

Trader Commentary: 

Trader Michael van de Poppe said Bitcoin’s broader trend structure remains bullish despite recent consolidation.

He added markets continue pushing higher for additional resistance tests, with the 21-day moving average acting as a critical short-term level. The trader added that the $76,000 zone remains key support that must hold to avoid a deeper correction.

CryptosBatman warned…

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Prediction markets are having a moment right now, with bettors placing wagers on just about anything, even something as wild as the existence of aliens.

Heavily Wagered Bet

More than $37 million has been wagered on the outcome. The market resolves to “Yes” if the president, any member of the U.S. Cabinet, any member of the Joint Chiefs of Staff or any U.S. federal agency “definitively states” that extraterrestrial life or technology exists.

Declassified Government Files Released

Interestingly, the Pentagon released its first batch of declassified files last week, headlined by a 2023 incident in which seven federal officers separately reported seeing “orbs launching orbs” across…

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BitMine Immersion Technologies Inc. (NYSE:BMNR) Chair Tom Lee said on Monday that the “cryptocurrency winter” is nearing its end, paving the way for a “cryptocurrency spring.”

Why Lee Thinks Crypto Winter Is Over

In his latest message to shareholders, Lee stated that an Ethereum (CRYPTO: ETH) close above $2,100 in May would mark three straight months of gains for the cryptocurrency.

“There’s never been a crypto winter where Ethereum has closed up three consecutive months in a row,” the Wall Street analyst said. “In other words, the fact that we’re up three months in a row means crypto winter is over.”

That said, Lee acknowledged the “fog of war” caused by the…

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Circle Internet Group, Inc. (NASDAQ:CRCL) CEO Jeremy Allaire championed the real-world utility of stablecoins on Monday, fully endorsing transaction-based rewards for users.

A ‘Powerful Tailwind’ For USDC’s Adoption

During Circle’s first-quarter earnings call, Allaire responded to a question about the future of its USDC (CRYPTO: USDC) stablecoin in a world where rewards would be paid to end customers based on transactions.

“We are very focused on driving the utility value of this new form of money,” the CEO responded.

Alliare pointed to the updated language in the CLARITY Act that permits activity-based or transaction-based incentives on stablecoins, but restricts yields on…

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