ME News report: On May 6 (UTC+8), according to comprehensive disclosures from BBX Crypto-related Stock Information, Cipher Digital announced its Q1 earnings report and revealed its third ultra-large-scale data center lease, causing its stock price to rise approximately +23.5%; stablecoin issuer Circle Internet Group surged nearly +20% on May 4 due to a Senate compromise on the CLARITY Act; South Korean media and entertainment company K Wave Media announced it is abandoning its previously planned $485 million BTC treasury strategy and fully shifting to AI infrastructure, resulting in a stock plunge of approximately 25%.
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- Cipher Digital Inc. (NASDAQ: CIFR) Q1 earnings report on May 5: Revenue of $34.8 million, net loss of $114.3 million, primarily due to the planned shutdown of the Black Pearl mine; on the same day, announced the signing of its third hyperscale data center campus lease (15-year term, investment-grade tenant), bringing total contracted revenue from all three leases to $11.4 billion and secured operational and contracted capacity of 907 MW, with an average annualized net revenue of approximately $787 million (from October 2026 to September 2036); held $715 million in unrestricted cash and has a pipeline of 3.3 GW; stock rose approximately +23.5% on the day.
- Circle Internet Group (NYSE: CRCL) surged nearly +20% to approximately $121 on May 4 due to a compromise on the Senate's CLARITY Act—the revised proposal retains the mechanism allowing stablecoin platforms to offer users "usage-based revenue sharing," directly benefiting Circle's core business model (earning spread by holding U.S. Treasuries as USDC reserves). On the same day, Bitcoin broke through $80,000, driving Coinbase up about +7%. Circle's Q1 2026 earnings report is scheduled for May 11, and Wells Fargo has raised its price target to $142.
K Wave Media Ltd. (NASDAQ: KWM) officially announced on May 4 via GlobeNewswire that it is redirecting the entire remaining $485 million from its $500 million securities purchase agreement with Anson Funds—originally allocated for a Bitcoin treasury strategy—toward AI infrastructure (data centers, GPU computing power, and acquisitions). Simultaneously, the company is selling its largest subsidiary, Play Co., to eliminate approximately $48 million in debt, and is evaluating a name change to "Talivar Technologies" (subject to shareholder approval at the annual meeting scheduled for early July 2026). (Source: BBX)
