Google and Sea Partner to Build AI Tools for Shopee and Gaming Platforms

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Cango said it sold 2,000 BTC to retire debt and reported a 19% reduction in March bitcoin production costs as it shifts strategy toward energy and AI infrastructure. The moves aim to strengthen the balance sheet and improve unit economics.

Grayscale has filed for an ETF tracking Bittensor (TAO), signaling a push to offer institutions AI-focused crypto exposure. TAO is seeing increased on-chain and market interest as managers seek thematic AI products.

Microsoft announced a $10 billion investment to build AI infrastructure in Japan and named SoftBank and Sakura Internet as key partners; Sakura shares jumped 20.27% on Friday. The initiative is billed as a major expansion of local cloud capacity to support AI adoption across Japanese industry.

MARA Holdings has sold more than 15,000 BTC for roughly $1.1 billion and cut about 15% of staff to retire convertible debt, signaling a strategic move away from pure bitcoin mining toward AI and energy infrastructure. The actions aim to shore up the balance sheet but may carry short-term market implications.