Tether sues Titan Holding for repayment of $300 million loan

According to Decrypt, Bitcoin mining company TeraWulf announced its first quarter financial report, with a net loss of $427 million, compared to $61.4 million in the same period last year. The company's revenue was 34 million US dollars, of which the AI computing business contributed approximately 21 million US dollars, accounting for 60%, with a month on month growth of 117%; Bitcoin mining revenue decreased by 50% month on month to approximately $13 million. The CEO stated that the company has established a complete platform and is transforming the foundation into operational performance and recurring revenue. CFO Patrick Fleury stated that the company is shifting towards a more stable contract revenue model, reducing reliance on Bitcoin mining volatility, and using some of its mining operations to support high-performance computing workloads.

BBX News: TeraWulf's Q1 revenue was $34 million, with HPC accounting for 62% and a net loss of $427.6 million (non cash main cause), with $3.1 billion in cash. CB-3 has been delivered; ABTC Q1 produced 817 BTC (the highest in history) at a cost of $36200 per coin (-23%), with 7021 coins held and one unsold coin; Exodus Q1 revenue was $22.7 million, holding 628 BTC+1861 ETH. Exodus Pay was launched in all 50 states of the United States. Core points: TeraWulf (NASDAQ: WULF): Q1 revenue of $34 million, HPC $2, 1 million (62%), net loss of 427.6 million (non cash), $3.1 billion in cash, $250M in credit, Hawesville +480 MW。 - American Bitcoin (NASDAQ: ABTC): Q1 production of 817 BTC (historical high), cost of $36200 (BTC spot discount of 47%), gross profit margin of 52%; Purchase 803 pieces; Holding 7021 (+30%), SPS+20%, with one unsold. —Exodus Movement（NYSE American: EXOD）： Q1 Revenue of $22.7 million (-37%), processing volume of $1.18 billion (-22%), monthly activity of 1.5 million (unchanged); Holding 628 BTC+1861 ETH; Exodus Pay is now available in all 50 states of the United States. Source: bbx.com

According to Bloomberg, Alibaba and DeepSeek were unable to reach an agreement on financing terms due to factors such as Alibaba's low adaptability to the ecosystem and DeepSeek's desire to reduce term constraints. At the same time, DeepSeek is in a game with potential shareholders, with Tencent offering to subscribe for up to 20% of the shares, but DeepSeek is unwilling to relinquish a large percentage of control. It is reported that DeepSeek is valued at 300 billion yuan and plans to raise 50 billion yuan, of which 20 billion yuan is for internal capital increase and 30 billion yuan is for external fundraising. The valuation has been confirmed by internal employees of DeepSeek.

According to CriptoNoticias, Spanish coffee chain Vanadi is facing difficulties after transitioning to a Bitcoin treasury model. The company incurred a loss of $7.8 million in 2025 and holds 213 BTC, of which 61% (approximately 130.18) are locked in Bit2Me as collateral. Vanadi issued 98.1 million convertible bonds at a discount of 5% below the market price to maintain operations, resulting in a 74% drop in stock price this year. The company is facing a payment gap of 1.4 million euros and will need to raise 65 million euros in the coming months.

According to AiCoin monitoring, there has been a significant flow of funds on the Coinbase Pro exchange. In the past 24 hours, the exchange's wallet has received 1396 BTC worth $140 million, and its current BTC wallet balance is 852500 BTC. For more information on exchange fund flows, please visit the AiCoin website - Data - Hyperliquid to view: https://www.aicoin.com/zh-Hans/hyperliquid