U.S. Cryptocurrency Stocks Lower as Bitcoin Falls
U.S. cryptocurrency stocks were lower as bitcoin fell more than 5% in 24 hours at one point, with the ProShares Bitcoin Strategy ETF, iShares Bitcoin Trust down 3.7%.
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SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
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