The United States Launches Security Investigation into Bitcoin Mining Giant Bitmain

On April 2nd, Bitget market data shows U.S. major indexes extended gains: - S&P 500 neared 6,600 points; - Dow rose ~1%; - Nasdaq climbed ~1.7%. U.S. crypto-related stocks were mixed: - MicroStrategy (MSTR): -0.79% - Coinbase (COIN): +0.62% - Circle (CRCL): -1.9% - BitMine Immersion (BMNR): +0.05% - SharpLink Gaming (SBET): +1.16%

April 1st — LookOnChain monitoring data shows that U.S.-listed Bitcoin treasury firm Empery Digital Inc. (EMPD) transferred its remaining 1,795 Bitcoins (valued at approximately $122.53 million) to Gemini one hour ago, potentially for sale. Previously, Empery Digital announced plans to sell all its Bitcoin holdings to fully repay its outstanding term loan. Since March 27, 2024, the company has sold 370 Bitcoins at an average price of roughly $66,632 per coin, generating approximately $24.7 million in gross proceeds.

April 1 (Xinhua) — Iran’s Supreme Leader Ayatollah Ali Khamenei’s first speech was posted on social media by his office Monday, where he reiterated blocking the Strait of Hormuz remains a retaliatory option. The office also shared the speech, noting Iran is exploring “other potential fronts.” Tehran believes its adversary “lacks experience and has clear weaknesses” in that area, the remarks add. Should the conflict persist, these fronts will be activated after a full review of relevant factors.

April 1: Elon Musk’s SpaceX has filed a secret IPO application.

April 1st — Per EmberCN monitoring, a whale executed a large-scale purchase of 25,000 ETH earlier today, with the tokens eventually flowing to BitMine — Ethereum’s largest treasury firm — in a $53.28 million transaction. The 25,000 ETH was withdrawn from a centralized exchange (CEX) and initially moved to BitGo. Separately, 45,000 ETH (valued at $95.3 million) was just transferred from BitGo to the BitMine address.

April 1st — Per Fortune, crypto venture firm Paradigm is building a prediction market trading terminal for professional traders and market makers. Led by partner Arjun Balaji, the project initially launched in late 2025. Paradigm is also exploring two further efforts: standing up an in-house prediction market-making business, and collaborating with researchers to assess the feasibility of a prediction market index. Modeled after the S&P 500, this index would bundle multiple prediction markets into tradable products. The firm has already begun aggregating prediction market data onto a public dashboard. Additionally, Paradigm is a key backer of prediction market platform Kalshi. It participated in three of Kalshi’s 2025 funding rounds, and led the December round that valued Kalshi at $11 billion.