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Brad Garlinghouse has criticized Michael Saylor's Bitcoin acquisition strategy, arguing that Strategy's reliance on preferred stock financing has failed to create lasting value as its securities continue to weaken.

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The fundamentals have something interesting to say.

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Ripple just got preliminary approval to operate in Europe. That means its stablecoin and XRP can be distributed legally there.

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IREN Limited ($IREN) has extended its rally in 2026, rising 27.3% year-to-date as investors increasingly price the company as an 'AI infrastructure' play rather than a pure Bitcoin (BTC) miner. The outperformance stands out against a broader pullback in parts of the financial services universe, underscoring how quickly capital is rotating toward GPU-powered compute capacity and long-duration contracted revenue models.