
Truth Social pulls Bitcoin ETF filing, plans to reapply under a leaner SEC pathway
Truth Social withdrew its Bitcoin ETF application on May 20, 2026. Advisor Yorkville America says it will refile under a more efficient securities framework. Here’s what that signals.

Bitcoin miners eyed as prime beneficiaries of $90B AI data center buildout, with IREN, Riot, CleanSpark, Core Scientific rated Outperform
Bernstein flags $90B in AI data center deals as a demand catalyst for power-rich bitcoin miners, rating IREN, Riot, CleanSpark, and Core Scientific Outperform.

TD Cowen lifts MicroStrategy target to $400 on quicker BTC per-share gains and $1.5B accretive debt buys
TD Cowen raised its MicroStrategy target to $400, citing faster bitcoin per-share growth and $1.5B of accretive debt repurchases. Here’s why that capital strategy can matter for MSTR.

Strive adds 382 BTC (~$30M) as DAT stack reaches 15,391 BTC, preserving its No. 9 treasury rank
Strive purchased 382 BTC for about $30M, lifting DAT’s holdings to 15,391 BTC and keeping its position as the ninth-largest bitcoin treasury. Here’s why steady adds matter.

Lolli unveils card-linked, automatic bitcoin rewards across thousands of merchants
Lolli now lets shoppers earn bitcoin automatically at thousands of stores by linking a debit or credit card—no extensions, promo codes, or checkout tweaks needed.

BTC slips to $76.7K as ETF outflows and 60% hike odds expose fragile market plumbing
Bitcoin pulled back to $76,700 as spot ETF redemptions (largest since January), thin liquidity, and a leverage reset met a 60% probability of a Fed rate hike.

Canaan Stock Slides as Energy Geopolitics Push Miner Toward AI and Power Infrastructure
Canaan shares fall over 13% after a deeper Q1 loss and a 68% revenue drop. With energy uncertainty tied to Middle East tensions, the firm pivots toward AI and high-performance computing.

Bitcoin Miners Now Control the Scarce Input in AI: Power Capacity, per Bernstein
As Google and Blackstone plan a new AI cloud venture, Bernstein argues the real leverage sits with Bitcoin miners controlling 27GW of planned U.S. power and $90B in AI deals.

TD Cowen Sees 139% Upside for Strategy (MSTR) as Preferred Equity Fuels $2B Bitcoin Buy
TD Cowen lifts Strategy’s MSTR target to $400 after a $2B BTC purchase, $1.5B debt retirement, and rapid preferred equity (STRC) issuance that boosts BTC per share.

Ohio Bitcoin Derivatives Promoter Gets 9-Year Prison Term for $10M Ponzi Scheme
Ohio investment manager Rathnakishore Giri, 31, gets 9 years and 3 years’ supervision for a $10M Bitcoin derivatives Ponzi; he kept soliciting investors even after pleading guilty.

May 20, 2026
Truth Social withdrew its Bitcoin ETF application on May 20, 2026. Advisor Yorkville America says it will refile under a more efficient securities framework. Here’s what that signals.

Bitcoin miners eyed as prime beneficiaries of $90B AI data center buildout, with IREN, Riot, CleanSpark, Core Scientific rated Outperform
May 20, 2026
Bernstein flags $90B in AI data center deals as a demand catalyst for power-rich bitcoin miners, rating IREN, Riot, CleanSpark, and Core Scientific Outperform.

TD Cowen lifts MicroStrategy target to $400 on quicker BTC per-share gains and $1.5B accretive debt buys
May 20, 2026
TD Cowen raised its MicroStrategy target to $400, citing faster bitcoin per-share growth and $1.5B of accretive debt repurchases. Here’s why that capital strategy can matter for MSTR.

Strive adds 382 BTC (~$30M) as DAT stack reaches 15,391 BTC, preserving its No. 9 treasury rank
May 20, 2026
Strive purchased 382 BTC for about $30M, lifting DAT’s holdings to 15,391 BTC and keeping its position as the ninth-largest bitcoin treasury. Here’s why steady adds matter.