Citigroup’s global research team is sticking with crypto-linked equities even after bitcoin’s sharp year-end volatility, arguing that listed companies tied to digital assets are increasingly driven by cash flows, regulation and market share rather than the spot price of the world’s largest token. The bank continues to flag Circle as its preferred exposure in the sector, while keeping a constructive view on Bullish and Coinbase, according to […]
Matein Khalid 2025 was the year I was convinced that silver would outperform gold in a classic late cycle acceleration trade that is a recurrent theme in full throttle precious metal bull markets. This means, silver has a tendency to lag gold’s ascent until an inflection point at which prices breakout and then accelerate sharply on the upside. This inflection point was $36 an ounce in spot […]
Washington’s state dinner honouring Saudi Arabia’s crown prince offered a carefully curated guest list that blended politics, finance and technology. Alongside executives such as Apple chief Tim Cook and Citigroup head Jane Fraser sat Lubna Olayan, placed next to Elon Musk, a seating choice that quietly reflected her standing as one of the most connected figures linking Wall Street and the Gulf. The gathering drew attention to […]
The United States government’s approval for Nvidia to export its powerful H200 artificial intelligence chips to China has upended expectations across global technology markets and deepened debate over export controls and strategic competitiveness. President Donald Trump confirmed that U. S. authorities will permit sales of Nvidia’s H200 processors to approved Chinese customers under a regime that levies a 25 per cent levy on such transactions, a policy […]
Matein Khalid When the rats scramble to escape a sinking ship as hungry sharks circle the blood red water, the end is near. 100 insider Johnnies sold $6.5 billion in OpenAI shares in a recent employee tender. Why bailout now at $500 billion if OpenAI is a slam dunk for a trillion dollar IPO next year? Simple. The 100 newly minted decamillionaires know that OpenAI can no […]
Forecasts from major US banks suggest the bull market will remain intact in 2026, with some projecting the S&P 500 above 7,500 by year end. The latest Financial Times survey, covering nine major investment banks, reinforces this confidence with an average forecast of roughly 10% upside from current levels. I understand why that optimism exists. The US economy continues to outperform expectations, corporate earnings have held up, […]
By Ashok Nilakantan Ayers SILICON VALLEY / SAN FRANSISCO / CALIFORNIA: The numbers are staggering. Microsoft has spent over $20 billion building data centres stuffed with the most powerful computer chips ever made. Meta is burning through billions more, weaving artificial intelligence into Instagram, WhatsApp, and Facebook. Google and Amazon are locked in a cloud-computing […]
The article The Great AI Gold Rush By US Big Tech Companies Through Huge Investment appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Matein Khalid want my Arabic friends to address me from now on as Abu Nuhas or Father of Copper. Why? The red metal that has been human kind’s best mineral friend for 30,000 years is also the best conductor of electricity known to man, woman or beast as the AI revolution necessitates a multi-trillion dollar demand shock in upgrading the power grid as the world electrifies, decarbonizes […]
Dubai’s leadership has endorsed a comprehensive architectural identity for the emirate’s road network, signalling a major shift in how transport infrastructure is designed and experienced. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, in his capacity as Chairman of the Executive Council of Dubai, approved the framework that aligns with the city’s broader ambition to deliver integrated, sustainable and visually coherent urban environments. The initiative, overseen by […]
A substantial shift in sentiment around Alphabet Inc. has taken shape following the firm’s elevation to ‘Buy’ from ‘Hold’ by Loop Capital, with the brokerage raising its price target to $320 from $260. The upgrade underscores a decisive move by Wall Street away from doubts about Alphabet’s core search business toward bullish conviction in its AI-driven future. Loop Capital’s managing director, Rob Sanderson, observed that earlier concerns […]
Matein Khalid The bloodbath in Bitcoin is symbolic of the risk aversion spasm that has now hit risk assets as varied as Japan’s Nikkei Dow, Nasdaq’s Mag-7, gold and even the EM carry trade. The AI infrastructure trade that was the high octane fuel for the most frenzied bubble in Silicon Valley history has lost its luster (price momentum is the mandate of heaven on Wall Street), […]
By Ashok Nilakantan Ayers NEW YORK: The world’s most valuable technology companies are engaged in a spending spree unlike anything seen since the space race. Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into artificial intelligence technologies, with Amazon offering the most ambitious spending initiative among the four, […]
The article Tech Giants’ $400 Billion AI Bet: Returns On Investment Is The Key Issue appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
By TN Ashok NEW YORK:When the polls closed at 9 p.m. on Tuesday, November 4, 2025, it took less than 40 minutes for the Associated Press to call the race. Zohran Mamdani, a 34-year-old democratic socialist and state assemblyman from Queens, had accomplished what many considered impossible just a year earlier: he defeated Andrew Cuomo—twice—to […]
The article The Mamdani Moment: A Political Earthquake In America’s Largest City appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Wall Street’s surge in equity valuations, largely driven by a small group of technology giants, has raised concerns about the shallow nature of the rally and the potential risks that may follow. Leading the pack are companies such as Nvidia, Microsoft and Amazon. com, whose combined market capitalisations and dominant positions in artificial-intelligence-driven sectors are exerting an outsized influence on the broader market. Analysts note that the […]
Matein Khalid Jay Powell has put cold water on a December FOMC rate cut as inflation risk triggers dissent at the Fed. Yet Uncle Jay is now a lame duck and the world awaits his first MAGA Fed Chairman. My bet is on Kevin H as I doubt if even a supine Senate will confirm yes man – Stephen Miran. Why even bother to hold the FOMC […]
By Nantoo Banerjee The majority government-owned Life Insurance Corporation of India’s detailed rebuttal to The Washington Post report claiming that the government directed LIC to invest $3.9 billion in the Adani group seems to lack the punch. A comparison of the lately sprouted Adani Group with some of India’s age-old business conglomerates such as […]
The article Adani Group’s Striking Rise Since 2014 Sparks Global Speculation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
The US stock market continues to surge, its strength underpinned by robust earnings and an easing policy stance from the Federal Reserve. AI remains the defining force, lifting productivity expectations and propelling capital spending. Wall Street is still the engine of global growth, but attention is beginning to turn elsewhere. A growing number of market participants see the next major wave forming in Asia, led by China […]
Matein Khalid The supply glut in crude oil, the fragile geopolitics of the Levant, the Gaza wars, the thinnest sovereign credit spreads since the summer of 2006 have not ended the scramble to pick up MENA credit when the issuer is not a serial borrower/distressed credit and the bonds issue reflects improving political/economic fundamentals. The year ago, Oman and Bahrain provided some amazing opportunities for capital gains […]
Matein Khalid Stock exchange folklore in pre-1929 Jazz Age New York has one priceless insight for me – “you be buying when they are crying, you be selling when they are yelling”. So as I scan the markets, I realized that the mother of all yelling is taking place in the AI arena and its decibel count is loudest where the ignorance about its nuances is the […]
South East Asia, with its vibrant tapestry of cultures, landscapes, and histories, boasts a myriad of must-see attractions that captivate travelers from around the world. From the awe-inspiring ancient temples of Angkor Wat in Cambodia to the stunning limestone karsts of Halong Bay in Vietnam, the region offers a rich array of experiences. In Thailand, the bustling streets of Bangkok and the serene beauty of Phuket’s beaches […]
Matein Khalid Private equity and money center banks on Wall Street are in free fall even as the private credit market is in classic contagion mode, without a lender of the last resort for overleveraged shadow banks/hedge funds whose illiquid assets now disappear into Wall Street’s structured vehicles blackholes. Peekaboo Finance 101! When Citigroup and Brent crude both fall 8% in a synchronized bearish death dive, I […]
In today’s fast-paced world, keeping your space impeccably clean takes time and effort. Bookaclean is an innovative cleaning platform that makes cleanliness simple, reliable, and effortless. More than just a cleaning company, Bookaclean represents a new philosophy of care — for your home, your time, and your peace of mind. It combines advanced technologies, environmentally friendly products, and the work of experts to provide a new standard of […]
BitMine Immersion Technologies has disclosed crypto and cash holdings amounting to $13.4 billion, with 2,830,151 ETH tokens forming the bulk of its position, according to its latest statement.
The company’s portfolio also includes 192 Bitcoin, $113 million in “moonshot” equity investments such as Eightco Holdings, and $456 million in unencumbered cash, positioning it as one of the largest public crypto treasuries by ETH exposure.
BitMine’s ETH stash represents roughly 2 percent of total Ethereum supply, underscoring the firm’s aggressive accumulation strategy. In its announcement, the company reaffirmed its ambition to reach a “5 percent alchemy” threshold—i. e., to hold 5 percent of ETH’s total circulation.
Thomas “Tom” Lee of Fundstrat, chairman of BitMine, framed ETH as the “premier choice” for its reliability, 100 percent uptime, and alignment with institutional and AI adoption in blockchain infrastructure. He argued that as Wall Street and AI increasingly anchor on the blockchain, Ethereum offers structural advantage.
The disclosed holdings mark a dramatic acceleration in BitMine’s pivot from bitcoin mining toward becoming a major Ethereum treasury vehicle. The firm claims it now leads all publicly traded companies in ETH holdings, and ranks second globally in treasury scale behind Strategy, Inc.
Investors and markets responded swiftly to BitMine’s disclosures and related developments. In July, shares soared following a regulatory filing revealing that Peter Thiel’s Founders Fund had taken a 9.1 percent stake in the company, making him its largest known institutional shareholder. That news helped drive BitMine’s stock to near-record intraday gains.
Analysts view the firm’s strategy as part of a broader trend: smaller-cap crypto and blockchain firms are increasingly diversifying beyond bitcoin into ETH-focused treasury allocations. BitMine’s velocity of accumulation and the high liquidity of its stock have drawn comparisons to Michael Saylor’s bitcoin strategy at MicroStrategy.
Regulatory and market timing factors may amplify or constrain BitMine’s ambition. The U. S. SEC’s evolving posture toward digital asset teams—including Project Crypto and the so-called “GENIUS Act” proposals—could shape the framing of Ethereum as a mainstream institutional asset, or alternatively intensify scrutiny of crypto treasury holdings.
Sceptics point to concentration risk and valuation vulnerability. Holding such a large share of a single token leaves BitMine exposed to ETH price swings, smart contract risks, network upgrades, and macro-crypto sentiment downturns. As the firm presses toward its 5 percent goal, it will also face growing attention from regulators, market participants, and the Ethereum community around centralisation concerns.
Still, BitMine’s approach stands out for its bold scale and speed. The company argues that the “power law benefits” favour large holders of ETH, and that a discount between ETH price and its future utility—particularly under rising AI and blockchain convergence narratives—makes accumulation compelling.
Matein Khalid Will we still be dancing when the music stops as Citigroup and UBS were in the autumn of 2007. Even my friends dissed me when I predicted a global financial crash as early as January 2007, but I track credit cycles like a bloodhound and it flashed the mother of all distressed SOS’s as it does now. In 2007, the trillion dollar daisy chain of […]
