Google has acquired a 5.4% stake in Bitcoin miner Cipher Mining by backstopping $1.4 billion of Fluidstack’s obligations in a $3 billion, 10-year AI data center deal. Google has acquired a 5.4% stake in Bitcoin mining company Cipher Mining as part of a $3 billion multi-year data center deal with artificial intelligence data center company Fluidstack. According to a Thursday announcement, Google will receive its stake in Cipher Mining in exchange for guaranteeing $1.4 billion of Fluidstack’s obligations in the contract with Cipher. This plays a part in a larger $3 billion Fluidstack deal with Cipher to lease computing power for 10 years. The news follows another, similar deal between Google and Fluidstack. In late August, the internet search behemoth became the largest shareholder of Bitcoin (BTC) miner TeraWulf by acquiring 14% of the company in exchange for guaranteeing obligations in a separate Fluidstack deal. Read more
Solana futures’ open interest rose to new all-time highs of 72 million SOL as the technical structure displayed weakness, putting $120 back in play. Key takeaways: Solana's futures’ open interest hits record 71.8 million SOL as market leans bearish. SOL’s weakening technicals indicate a potential pullback toward $120-$150. Read more
SharpLink, one of the world’s largest public holders of ETH, has notified the SEC of its plans to tokenize its common stock on Superstate’s Open Bell tokenization platform. SharpLink Gaming, one of the world’s biggest public holders of Ether, announced plans to tokenize its common stock on the Ethereum blockchain. SharpLink has partnered with the financial technology firm Superstate to tokenize its Nasdaq-listed stock SBET through Superstate’s Open Bell tokenization platform, the company said Thursday. “Tokenizing SharpLink’s equity directly on Ethereum is far more than a technological achievement — it is a statement about where we believe the future of the global capital markets is headed,” SharpLink co-CEO Joseph Chalom said. Read more
Ohio Secretary of State Frank LaRose applauded the progress, while continuing to support the creation of an Ohio Strategic Cryptocurrency Reserve. Ohio has become the latest US state to move toward allowing cryptocurrency payments for government services after the State Board of Deposit unanimously approved its first vendor to process digital asset transactions, according to a Wednesday announcement from the Ohio secretary of state. The move makes Ohio the fourth state to authorize cryptocurrencies for fees, following Colorado and Utah. Louisiana also passed a law earlier this year to adopt similar measures. This development marks the board’s approval of the first vendor contract for crypto payments, building on the proposal designating cryptocurrencies as an authorized financial transaction device, which was passed unanimously by the board in May 2025. Read more
ETH’s breakdown from a key chart pattern can now lead to more losses for Ether price, targeting the $3,600–$3,400 zone in the short term. Key takeaways: One ETH trader lost $36.4M in a single liquidation, cementing over $45M in total losses. Ethereum now faces heavy long liquidation clusters at $2,370–$2,500. Read more