Trump administration requests suspension of 10% global tariff ruling enforcement

[CleanSpark Q1 Revenue Declines, Net Loss Expands to $378 Million] According to CleanSpark's fiscal year 2026 Q1 earnings report, revenue for the quarter was $136 million, a year-over-year decrease of 24.9%; net loss was $378 million, compared to a net loss of $139 million in the same period last year; adjusted EBITDA was negative $241 million. The company's contracted power capacity doubled year-over-year, including 585 MW of capacity approved by ERCOT; Bitcoin holdings increased by 14% year-over-year, and average monthly hash rate grew by 18% year-over-year. As of March 31, 2026, CleanSpark held $260 million in cash, $925 million in Bitcoin assets, and total assets of $2.9 billion.

[Court Allows Arbitrum DAO to Vote and Transfer Frozen ETH] According to an update from Aave, the court modified the restriction notice on May 8, allowing Arbitrum DAO to conduct on-chain voting and transfer the ETH frozen due to the rsETH incident to Aave LLC. The restriction notice will be attached to Aave LLC. The revised constitutional AIP retains the intent for recovery, with the related ETH designated for rsETH recovery. Previously, the plaintiff's judgment creditor served the restriction notice to Arbitrum DAO on May 1, after which Aave LLC filed an emergency motion to revoke it.

According to Decrypt, Keel Infrastructure (formerly Bitfarms) released its first quarter financial report, with a net loss of $145 million, revenue down 23% year-on-year to $37 million, and operating losses expanding to $98 million. The losses were mainly due to a loss of $41 million from changes in fair value of digital assets and a loss of $22 million from repaying Macquarie's credit line. The company has completed its transformation from a Canadian Bitcoin mining company to a US AI/HPC infrastructure developer, and has exited its Latin American business by selling non core assets such as the Paso Pe mine in Paraguay.

Michael Saylor responded to Ray Dalio, stating that transparency is a characteristic of Bitcoin rather than a flaw, making it suitable as a global collateral. （Cointelegraph）

According to Stream Finance's article on the X platform, its operating entity, Stream Trading Protocol, is researching various strategic plans with the goal of quickly and prudently integrating, liquidating, and distributing assets to maximize asset value and benefit customers and creditors. The implementation of the plan requires a certain degree of participation from customers and creditors, and more details will be announced in the coming weeks. Last November, Stream Finance disclosed a loss of $93 million in assets and suspended withdrawals, with analysis suggesting a potential risk exposure of $285 million.