Hyperscale Data liquidated its entire Bitcoin reserves to support the subsequent development of its AI data centers.

Anthropic officials stated that the company plans to target a valuation of approximately $1 trillion in its initial public offering (IPO). The firm expects to set the IPO’s offering price next Wednesday, with trading commencing the following Thursday.

Bitcoin mining company HIVE Digital Technologies reported results for the third quarter of its 2026 fiscal year, ending September 30, with a net loss of $78.7 million, compared to a net loss of $15.8 million in the year-ago period. According to the company's latest financial report released Monday, third-quarter revenue stood at $84.9 million, a 2.7% year-over-year decline. This quarter, HIVE received 1,070 BTC in mining rewards, a 49% increase from 718 units in the same period last year; mining revenue reached $76 million, down from $82.1 million in the year-ago period. The company stated that the average Bitcoin price this quarter was $71,003, far lower than $114,382 in the same period last year, which was the main driver of the mining revenue decline. Additionally, HIVE recorded an impairment loss of $31.2 million after assessing the recoverable value of its mining equipment, with depreciation expenses totaling another $54.9 million. Adjusted EBITDA came in at $24.8 million.

According to monitoring by Onchain Lens, BlackRock transferred approximately $318.36 million in crypto assets from its ETF wallet to Coinbase over the past 30 minutes, including 2,252 BTC (valued at around $166.94 million) and 72,210 ETH (valued at around $151.42 million).

Mizuho Bank said it has cut Nvidia (NVDA.O)'s price target from $315 to $250.

Anthropic officials announced that the company plans to achieve a valuation of approximately $1 trillion in its initial public offering (IPO). The firm expects to set the IPO’s offering price next Wednesday and begin trading on Thursday.

Anthropic officials announced plans to issue 825 million Class A common shares via an initial public offering (IPO). The IPO is expected to be priced between $70 and $78 per share, with selling shareholders offering an additional 23,648,646 Class A common shares. Anthropic’s investors include Micron Technology, Microsoft, TSMC, and NVIDIA.