Saturday, October 19, 2024

Six months after bitcoin halving, some miners are keeping the Bitcoin they produce while an increasing number of companies are spending more on AI data centers (David Pan/Bloomberg)

David Pan / Bloomberg:
Six months after bitcoin halving, some miners are keeping the Bitcoin they produce while an increasing number of companies are spending more on AI data centers  —  - Shares of firms keeping tokens they mint are lagging Bitcoin  — Best performers are spending on developing AI data centers



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...