On the evening of February 22, 2025, Beijing time, Buffett released his much-anticipated annual letter to shareholders on the official website of Berkshire Hathaway.

Aya Miyaguchi (宮口あや), a well respected figure in the crypto space, has announced her departure from her current role as the Executive Director of Ethereum Foundation, transitioning into a newly created position as President of the organization.

PayPal is expanding its PYUSD stablecoin to 20 million small and medium-sized merchants for payments and bill payments, aiming to simplify cross-border transactions. The company is also integrating PYUSD into its global payment service, Hyperwallet, to further drive adoption and support international business.

Nvidia said artificial intelligence is advancing at the "speed of light" as the company's latest revenue and net profit both exceeded Wall Street expectations.

Metro Singapore has teamed up with dtcpay to enable stablecoin payments for online and in-store purchases at Metro Paragon and Metro Woodlands, supporting USDT, USDC, FDUSD, and WUSD.

Nvidia CEO Jensen Huang remains as confident as ever about the company's future, and during the company's latest earnings call on Wednesday, he reiterated that DeepSeek will not affect sales.

A recent report from River showed that as of December 31, hedge funds and registered investment advisors (RIAs) had $34.3 billion in exposure to BTC through ETFs, up 357% over the past year.

The SEC, Tron Foundation, and Justin Sun have asked a federal court to pause the 2023 lawsuit to explore a resolution. The case involves allegations of unregistered TRX and BTT sales, market manipulation, and undisclosed celebrity endorsements.

Bank of America plans to launch a USD-backed stablecoin once US lawmakers approve the regulatory framework. The move could bring stablecoins into mainstream consumer banking, increasing competition among major financial institutions.

Fortnite, the massively popular battle royale game, recently introduced a satirical in-game cryptocurrency called Dill Bits, seemingly poking fun at the broader crypto industry. But what started as an in-game gag quickly turned into reality when a crypto trader launched a real Dill Bits (DB) token, leading to wild speculation, massive gains, and an inevitable crash.

According to CryptoPotato, Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. Former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November 2023. Genoot co-founded Bitcoin miner U.S. Bitcoin Corp (USBTC) and served as the firm’s president before merging with Hut 8 last year. The merger deal saw Hut 8’s common stock (TSX) change to New Hut (HUT) as the new company was named Hut 8 Corp. The Hut 8 Board of Directors said the completion of the merger deal signaled the need to set a new strategic direction and a leadership transition. Board chair Bill Tai said Asher will bring a disciplined and proven approach to unlock the combined company’s potential. Hut 8’s transition into a new leadership comes within a month after J Capital Research called HUT an “obvious pump and dump target,” as Hut 8 inherited a pile of debt from USBTC. The January 18 report alleged that USBTC may have gone bankrupt if Hut 8 had waited one month to close the merger deal. Per J Capital, USBTC is backed by promoters with a history of legal trouble. The mining company appears to have defaulted on a loan and paid government fines twice, its founders have limited share lock-ups, and insiders may soon offload their stock. However, the combined company has countered the claims, insisting that the report contains inaccuracies, misrepresented data, and false characterizations about its business.

According to CoinDesk, the shares of bitcoin miner Hut 8 (HUT) fell as much as 8% on Wednesday, after CEO Jamie Leverton left the company just weeks after the firm was hit by a short-seller report. Leverton, who served as CEO for three years, will be succeeded by the company's president, Asher Genoot, effective immediately. Genoot co-founded U.S. Bitcoin Corp. (USBTC) and became president and director of Hut 8 in November after a merger with USBTC. Hut 8 Chairman Bill Tai said in a statement, “The merger of equals of Hut 8 and US Bitcoin Corp was a transformational moment for both companies. Hut 8 is now at a pivotal inflection point, and we believe that Asher is uniquely qualified to accelerate our path to market leadership." The move comes after short seller JCapital Research released a report on Jan. 18 saying the merger was a "pump and dump" waiting to happen. The miner fired back a week later, saying the report was "a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives." Hut 8's stock has fallen more than 50% this year, while the Valkyrie Bitcoin Miners ETF (WGMI) – a fund that tracks miners' performance – lost about 39%, and bitcoin added about 2%.

According to CoinDesk, Ionic Digital, a new bitcoin mining company, is purchasing bankrupt lender Celsius' mining assets and aims to become one of the top miners in North America. As part of Celsius' emergence from Chapter 11, Ionic will acquire all of its mining assets, including approximately 87 megawatts (MW) of self-mining capacity, 142MW of hosted bitcoin mining at third-party sites, and the Cedarvale site, which is under development to reach a capacity of 240MW. Currently, Ionic has about 6 exahash per second (EH/s) of mining power operational and expects to achieve 12.7 EH/s once its fleets are fully operational within this year. Ionic Digital plans to go public in the coming months and has filed Form-10 with the U.S. Securities and Exchange Commission (SEC) on January 26, a first step towards listing. Celsius creditors will become the new company's shareholders, owning equity in the form of common stock. Ionic is not the only new mining company looking to go public ahead of this year's bitcoin halving event, which will see mining rewards cut by half. Most recently, bitcoin financial services firm Swan Bitcoin announced that its newly formed mining business unit expects to go public within the next 12 months. Ionic believes its flexibility and strong financial backing will help it deal with the growing competition in mining. Hut 8 (HUT), which merged with US Bitcoin Corp. (USBTC), will provide mining management services for the new company in exchange for a fee of more than $20 million per year, as well as restricted stock and incentive equity. Matt Prusak, former chief commercial officer of Hut 8 and USBTC, will be the CEO of Ionic, while Hut 8's President, Asher Genoot, will also serve on the board of directors of the new company. Prusak stated that with their substantial mining fleet and infrastructure managed in partnership with Hut 8, seasoned leadership team, and strategic vision, Ionic Digital is ready to make an impact as a leading bitcoin miner.

Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers. source: https://www.coindesk.com/markets/2024/01/26/crypto-linked-stocks-rise-with-bitcoin-as-analyst-says-not-the-time-to-turn-bearish/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hut 8 Corp. (NASDAQ:HUT) shares continue trading higher Friday after the stock gained nearly 15% on Thursday. Here’s a look at what’s going on. source: https://www.benzinga.com/markets/cryptocurrency/24/01/36803547/whats-going-on-with-bitcoin-miner-hut-8-stock?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site

According to Coincu, Hut 8 Corp. (HUT) has taken a firm stand against last week's report from JCapital Research, characterizing it as a "deliberate attempt to spread misinformation" about the company. In a press release, Hut 8 emphasized the report's inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The fallout from the report was palpable, with Hut 8's Nasdaq-listed stock experiencing a notable drop. From $9.17 on January 18, the stock plummeted to $7 a little over 24 hours later. JCapital Research's report asserted that Hut 8's merger with US Bitcoin was a potential pump and dump scenario, contributing to the stock's decline. The report raised concerns about US Bitcoin's legal history, defaulting on a loan, and incurring government fines, including one for securities violations. Hut 8 CEO Jaime Leverton dismissed the allegations, stating, "We will not be derailed by activists who stand to profit from spreading misinformation and making defamatory character attacks." Despite efforts to counter the negative impact, Hut 8 shares continued to struggle, closing lower by 5.3% to $6.33. The stock, however, showed a modest premarket rebound of 5.7%, aligning with a slight recovery in the price of bitcoin. As Hut 8 remains resilient in the face of these challenges, the cryptocurrency community observes closely, assessing the broader implications of the controversy on the company's future trajectory. Hut 8's commitment to transparency and refuting baseless claims underscores its determination to navigate the volatile landscape of the cryptocurrency market.

The report by short-selling firm JCapital Research led to HUT sliding more than 23% on Jan. 18. source: https://www.coindesk.com/business/2024/01/24/bitcoin-miner-hut-8-hits-out-at-short-selling-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

When U.S. stocks closed on Friday, cryptocurrency concept stocks generally fell. Among them, Coinbase, a cryptocurrency education company that provides custody services for most Bitcoin ETF issuers, fell 7.4%. Among Bitcoin mining companies, Hut 8 (HUT) and Riot Platforms (RIOT) both fell by about 10%, with Marathon falling the most, reaching 15%.