Indeed, Amazon is plunging headlong into the AI arms race with their latest hardware constellation-each cluster of “UltraServers” houses up to 144 Trainium 3 chips. Fancy! A mighty move to outshine Google and Nvidia while reducing dependence on those pesky external suppliers. What a cunning plan-think of it as the tech version of “my, what a big server you have”!
The latest Bitcoin Treasuries data shows that the top 100 public Bitcoin treasury companies hold a staggering 1,058,929 BTC. All public companies combined are sitting pretty with 1,061,697 BTC. The biggest fish in the pond? Strategy, with 650,000 BTC – practically swimming in it! Michael Saylor’s company made a recent purchase of 130 BTC for the not-so-small sum of $11.7 million. Who said Bitcoin wasn’t a rich man’s playground? 💸
The transaction speaks plainly. TSW spent $44.75 million at average quarterly prices to build a position now worth less than its acquisition cost. Conagra’s share price-$17.22 as of December 1-has bled 33% annually, dragging returns 49 percentage points below the S&P 500. This is not a stock for the faint-hearted.
On November 13th, Callodine Capital Management disclosed an addition of 360,898 shares to its existing stake in Spectrum Brands. This isn’t some impulsive Tinder date of an investment-it’s a slow-cooked marriage. Since 2022, the fund has turned SPB into its largest holding, now worth $90 million. That’s 7.89% of their AUM, which feels like bringing a date to Thanksgiving dinner and then, against all odds, staying for dessert.
At press time, BTC was trading at $86,564-a modest 0.7% rise on daily charts, yet a 1.06% descent on weekly ones. A tale of two timelines, much like a Chekhovian character torn between duty and desire. 🕒
Our tale begins with a hero fallen on hard times-Bitcoin, once the belle of the ball at $126,000, now sulking in the corner at a mere 30% discount. Yet lo! Analysts, those modern-day fortune tellers, spy signs of hope: network activity rising like a determined debutante, and ETF flows timidly knocking at the door. 🚪
Behold, the rate of SHIB hath soared by nigh 6% in yonder 24 hours! A veritable phoenix reborn from the ashes of apathy. Or perhaps it is but a drunken bear stumbling upon a treasure map? 🐻
Right now, Eaton’s shares look like a vintage car-still shiny but a little ways from roaring back. Dropped about 13% from last year’s peak; is this a bargain or just another flicker of the market’s fickle mood? Here’s what the wise, and slightly cynical, need to see.
Apparently, the mighty treasury entities-Forward Technologies Inc., Sol Strategies Inc., Sharp Technology Inc., and DeFI Development Corp.-are nosediving faster than your favorite celebrity’s career. According to analyst Ted Pillows (yes, that’s his real name), this isn’t exactly what you’d call a confidence booster. It’s like watching your crush slowly drown in their own drama, but hey, maybe the chain is still okay?
In a report that dropped on Dec. 1 (yeah, I know, who reads reports?), Grayscale basically said Bitcoin’s four-year cycle is deader than my social life. 🪦 The cycle, which supposedly predicts BTC peaking every four years, is now “invalid.” Grayscale analysts dropped this gem: