Amazon | Crypto

Fellow miner IREN also signed a multi-year GPU cloud services contract with Microsoft worth $9.7 billion on Monday. Bitcoin mining company Cipher Mining surged more than 32% after revealing a new 15-year deal with tech giant Amazon, adding to a wave of partnerships between major technology companies and crypto miners. The 15-year lease agreement with Amazon Web Services, valued at $5.5 billion, requires Cipher to provide turnkey space and power for AI workloads in two phases, starting in July and August next year, the Bitcoin (BTC) miner announced on Monday. Cipher Mining also posted a significantly narrowed net loss of $3 million and a rise in adjusted earnings of $41 million for the third quarter, compared to a net loss of $46 million and adjusted earnings of $30 million in the previous quarter. Read more

This marks the second major Amazon AWS outage since April, when “connectivity issues” created usability problems for at least eight large crypto exchanges. Update Oct. 20, 1:15 p.m. UTC: This article has been updated to include comments from Dr. Max Li, founder and CEO of OORT. Coinbase and Robinhood were among several major platforms distressed by an Amazon Web Services (AWS) data center outage on Monday, underscoring the risks of relying on centralized cloud providers for critical financial infrastructure. Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, was hit by an AWS data center outage, which reported “increased error rates and latencies” for multiple AWS Services in the Northern Virginia region. Read more

Strategy’s $78 billion stash of Bitcoin is close to the cash positions held by Amazon, Google and Microsoft, the last of which rejected Bitcoin as a treasury asset last year. Strategy’s near-$80 billion Bitcoin treasury is catching up to the massive cash positions of tech giants such as Microsoft, whose shareholders rejected a proposal in December to explore adding Bitcoin to its books. Strategy posted to X on Tuesday that its 640,031 Bitcoin (BTC) stash briefly topped $80 billion in value on Monday as Bitcoin hit a record high of $126,080, boosting the value of its corporate treasury close to Amazon, Google, and Microsoft, which each hold between $97 billion and $95 billion in cash or cash equivalents.  Strategy’s routine Bitcoin buys, combined with Bitcoin’s rise in value, have already pushed its treasury past the value of Nvidia, Apple and Meta’s — the latter of which considered a proposal to explore making Bitcoin a treasury asset before overwhelmingly voting against it in June. Read more

PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades […] The post PancakeSwap launches tokenized stock futures for Apple, Tesla, Amazon with 25x leverage appeared first on CryptoSlate.

Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets. On July 14, 2025, Bitcoin crossed a historic threshold. Its price surged past $122,600, pushing its market capitalization to approximately $2.4 trillion — surpassing Amazon’s estimated $2.3 trillion.  With that, Bitcoin officially joined the ranks of the top five most valuable assets on Earth. Read more

Bitcoin adoption has been soaring, leading up to the optimistic regulatory expectations related to “Crypto Week” in Washington. Optimistic regulatory expectations became the focal point for cryptocurrency investors this week, following an event dubbed by the US government as “Crypto Week,” during which lawmakers sought to pass three key regulatory bills for the Web3 industry. Fueled by the optimistic outlook, Bitcoin (BTC) flipped Amazon’s $2.3 trillion market capitalization and soared to become the world’s fifth-largest asset by total value. Regulators passed the three key bills amid Republican concerns with central bank digital currencies (CBDCs). Read more

Despite Bitcoin’s rise, major corporations like Meta, Amazon and Microsoft are steering clear of holding it in their treasuries, favoring stability over crypto risk. When a company holds Bitcoin on its balance sheet, it is referred to as a corporate Bitcoin treasury. Instead of only holding traditional financial assets and cash, organizations can also own Bitcoin as an alternative store of value or investment strategy. The approach of converting cash holdings into cryptocurrency is a new shift in corporate finance strategy. The concept has gained huge media coverage in recent years, with Strategy’s consistent Bitcoin treasury growth sparking debates. Read more

Amazon is investing over $13 billion in expanding AI and cloud infrastructure in Australia, including new solar farms and data centers nationwide. Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday. Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capabilities, marking the country’s largest publicly announced technology investment to date by a global company. The investment will go toward expanding, operating and maintaining Amazon Web Services (AWS) data centers in the country. Read more

Amazon joins a growing list of tech companies shifting to nuclear power to meet the energy-intensive needs of artificial intelligence. Tech company Amazon recently signed a deal with Talen Energy, a power infrastructure and provider company, for 1,920 megawatts (MW) of nuclear energy to fuel Amazon Web servers and AI data centers in Pennsylvania through the year 2042. According to an announcement from Talen, the energy will be produced at the company's Susquehanna nuclear facility and provide power to Amazon facilities in the region, with additional plans to explore small-modular nuclear reactor (SMR) technology. The energy will be supplied through the grid rather than directly from the nuclear plant as initially planned. This arrangement will help support the energy grid's maintenance through service fees paid by Amazon. Read more

Walmart and Amazon are preparing to launch their own stablecoins as the U.S. Senate advances landmark legislation that would establish a federal regulatory framework for privately issued digital dollars for the first time. The legislation, known as the GENIUS Act (S.394), has passed committee and cleared cloture, with a final Senate vote scheduled for June […] The post Walmart & Amazon eye $14B in savings by launching corporate stablecoin appeared first on CryptoSlate.

Retail giants Walmart and Amazon are reportedly evaluating digital currencies to streamline e‑commerce and boost cross‑border transactions. Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, signaling wider institutional stablecoin adoption amid improving regulatory clarity in the United States. The two retail giants are mulling the development of brand-specific stablecoins, according to people familiar with the matter, The Wall Street Journal reported on Friday. Read more

Amazon’s AI expansion may boost jobs, but it risks concentrating innovation in Big Tech’s hands, an expert told Decrypt.

Bitcoin surpassed Amazon in market capitalization, hitting $2.205 trillion and marking a symbolic milestone that experts say could boost mainstream investor confidence. Update (May 22, 2025, 2:05 pm UTC): This article has been updated to add statements by Shruti Kohli and Stan Low. The market cap of the world’s first cryptocurrency, Bitcoin, surpassed that of retail and tech behemoth Amazon on “Bitcoin Pizza Day.” Market data shows that Bitcoin (BTC) had a market cap of $2.205 trillion at the time of writing, $70 billion more than the $2.135 trillion Amazon valuation. Read more