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IREN co-founder Dan Roberts is making a bold argument: the real chokepoint in AI isn't silicon, it's the infrastructure surrounding it. Roberts outlined a vertically integrated strategy spanning power generation, data centers, GPUs, and enterprise software, betting that whoever controls the full stack controls the future.
Meanwhile, Mark Cuban has quietly exited his bitcoin position, and his reasoning cuts to the heart of a broader frustration. The billionaire said crypto simply underperformed gold, and more pointedly, that the killer apps crypto promised have never materialized. It's a candid admission from one of the space's most visible champions.
That skepticism finds an interesting echo in the Trump Media story, where the company has moved another two hundred and five million dollars in bitcoin even as its unrealized losses on the crypto bet have swelled to four hundred and fifty five million. The company continues doubling down despite widening quarterly deficits, a strategy that is drawing hard questions about accountability to shareholders.
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