SpaceX proposes a $24 billion Texas supercomputer worth 17 times its bitcoin pile

The Cyberspace Administration of China launched the Internet New Technology and Application Information Service Filing System, integrating filing functions for generative artificial intelligence, algorithms, deep synthesis, blockchain, and other technologies. The system officially went live on November 9, 2026. The original Internet information service algorithm filing system and blockchain information service filing management system have been discontinued.

Last week, the BTC spot ETF saw a net outflow of $1.28 billion, and the ETH spot ETF saw a net outflow of $365.28 million. The SOL spot ETF saw a net outflow of $26.25 million, and the XRP spot ETF saw a net outflow of $529,510.

The $24 billion project, which includes an AI supercomputer in Texas with its own gas-fired power plant, is about 17 times the value of SpaceX's bitcoin holdings.

CZ says the tokenized shares support 24/7 trading, allowing users to react to news over the weekend.

After being inactive for more than two years, an address withdrew 34,600 ETH from Binance within three hours, worth $73.75 million.