ジェンスン・フアン氏がMarvellを「次のtrillion-dollar company」と呼んで以降、MRVLは$100未満から$300超へ上昇し、次の“指名銘柄”探しが過熱している。だが、同氏が提示したのは銘柄名だけではなく、AIファクトリーを層ごとに構築するための全体像だった。とりわけ会場に残された「地図」としてのスライドが、投機的な熱狂が冷めた後も参照できる枠組みになる。

テザーは、2月の急落局面で買い増していたBitdeer（NASDAQ: BTDR）の持ち分を一部縮小し、約$12.7 millionの売却代金を得た。6月3日と6月4日に合計627,021株を売却し、加重平均でおよそ$20前後の価格で執行した。6月12日時点の保有は37.7 million株で、同社Class A発行済みの19.7%に相当する。これらの内容は、火曜日に提出されたSchedule 13Dの修正届出で明らかになった。

IREN said it closed a $3.65B debt facility on June 1 to fund GPUs tied to its AI cloud agreement with Microsoft, with a blended financing cost of 6.00%. Alongside a $1.94B Microsoft prepayment, the company covered about 96% of $5.81B in GPU spending for a contract it values at $9.7B over five years.

Bitcoin’s next mining difficulty adjustment is estimated to decline about 9.55% in roughly eight hours, easing conditions for miners after the network hashrate slid following early June price volatility. Over the past two weeks, hashrate fell from around 1 ZH/s at end-May to roughly 861 EH/s near June 10, then recovered to about 894 EH/s, while hashprice dipped below $30/PH/s during the selloff.

SpaceX (SPCX) is set to list on Nasdaq on June 12 at a fixed $135 price, aiming to raise about $75 billion at a $1.75 trillion valuation. The order book was reported to be roughly 4x oversubscribed with about $250 billion of demand, a flow the author argues can drain liquidity from crypto and megacap tech. The piece also flags potential forced buying from Nasdaq-100 index funds estimated at $22B-$27B within weeks of the debut.

Leopold Aschenbrenner expanded Situational Awareness LP from $255M to $13.7B over six quarters, with Q1 2026 showing the largest step-up. The filing shows a new $8.5B put-options overlay led by a $2.04B SMH put and additional puts on names including NVDA and AMD, while several long positions in AI-power and crypto-mining themes were increased.

Bitdeer (NASDAQ: BTDR) said Tuesday it began construction near Fox Creek, Alberta, on a combined power-and-data-center project designed for roughly 100 MW of computing. The plan pairs a 101 megawatt natural gas plant with a data center, represents a $155 million investment (about C$214 million), and is expected to be energized in the second quarter of 2027.

In the week ending May 23, 2026, several major crypto legal and policy developments pointed to a shift from case-by-case enforcement toward market-structure and financial-stability debates. Items included a reported confidential U.S. IPO filing by Blockchain.com, ECB concerns over euro-denominated stablecoin expansion, and a $54 million settlement tied to FTX-related claims.

In Q1 2026, publicly traded Bitcoin miners including Core Scientific, Cipher, and IREN reduced parts of their mining operations and redirected power and infrastructure toward AI and high-performance computing. The shift comes as mining revenues face historically low hashprice levels and tougher network competition, making AI/HPC colocation and cloud deals a growing earnings driver. The article argues miners are increasingly valued for power access, cooling, and infrastructure control rather than Bitcoin output alone.