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Mining Companies Sell BTC to Pivot to AI

Major Bitcoin mining companies have begun actively selling their BTC reserves—worth billions of dollars—to invest in artificial intelligence and data centers.

According to CoinDesk, miners are increasingly shifting from traditional mining to providing computing power for AI. This is driven by worsening mining economics: rising electricity and hardware costs are cutting into profits, especially amid volatile cryptocurrency prices.

In this environment, companies are using their accumulated BTC to raise cash. For example, MARA Holdings sold more than 15,000 BTC for დაახლოებით $1.1 billion. The funds were used to reduce debt and invest in high-performance computing infrastructure.

Analysts believe this is not a one-time move but a growing trend. Mining companies are looking to secure a position in the AI market, where demand for computing power is higher and more stable than in crypto.

As a result, the mining industry is gradually evolving: instead of simply accumulating digital assets, companies are increasingly using them to finance a transition into more profitable technologies.

Source: CoinDesk.

TikTok Announces Completion of U.S. Deal

On January 22, ByteDance, the parent company of TikTok, announced the completion of the formation of a joint venture called TikTok USDS, in which American stakeholders hold a controlling interest. The move was made to avoid a potential ban under national security legislation. In the new company, 80.1% of

China plans to launch passenger flights with flying cars as early as 2026

China is planning to begin passenger transport using flying cars in 2026. By that time, seven Chinese companies intend to start delivering electric vertical takeoff and landing aircraft (eVTOLs). They aim to move from test flights to real-world operations, with the first commercial passenger services potentially launching as early as

Chinese smartphone makers are adjusting their product lineups due to rising chip prices

Chinese smartphone manufacturers have begun reshaping their product portfolios as memory chip prices rise and logistics costs increase. Lower-end models priced under $100 have been hit the hardest. Previously, Chinese brands focused on budget devices to drive high sales volumes. Now, they are shifting more attention to mid-range models. According

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