Hyperliquid Gains Counter $216 Million Q1 Loss at Novogratz's Galaxy Digital

CEO Mike Novogratz said Galaxy Digital’s balance sheet suffered because crypto prices are down, yet Hyperliquid partially offset losses....
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Meta Turns to Space-Based Solar Energy to Power AI Data Centers on Earth
Meta is pivoting toward space-based solar energy to power its AI data centers, addressing massive energy demands from artificial intelligence infrastructure. This infrastructure shift signals growing competition in AI development and highlights tech giants' need for renewable power solutions. For Indian crypto investors, this reflects broader tech sector momentum and potential opportunities in renewable energy-focused blockchain projects, though direct crypto market impact remains limited today.

Stablecoin Giant Tether Reveals Plans for Modular Bitcoin Mining Hardware
Tether, the stablecoin giant behind USDT, is entering Bitcoin mining with modular hardware designs. This move diversifies the company's revenue streams beyond stablecoin issuance and signals institutional confidence in mining's profitability. The hardware modularity suggests flexibility for scaling operations across different energy environments, potentially including India's emerging mining sector. Market implications remain modest given Bitcoin's current $76K price point.
