News

ChainCatcher news, according to Globenewswire, US-listed Bitcoin treasury company Genius Group announced that its board of directors has approved an expansion of the company’s treasury strategy. In addition to its existing Bitcoin treasury, the company will add an AI treasury and launch the AGI Infinity Portfolio, with an initial investment target of 100 million US dollars, aiming to expand to 800 million US dollars over five years. In the first phase, approximately 20 million US dollars will be allocated through related funds to acquire equity in unlisted AI companies such as OpenAI, SpaceX, Anthropic, Figure AI, Databricks, Anduril, Replit, and Shield AI. The remaining 80 million US dollars is planned to be invested in sectors such as electricity, computing power, hyperscale cloud, advanced models, and robotics industry chains.

Odaily reported that, according to the official announcement, Bitget has now launched U-margined CTR perpetual contracts and SNOW (Snowflake Inc.) stock contracts, both supporting up to 20x leverage.

Odaily reports that prediction market platforms such as Kalshi and Polymarket are attracting young users through meme culture, humorous memes, and gamified designs. These platforms enhance user engagement with features like leaderboards, badges, and interactive comments, while also setting low entry requirements, with the minimum use age at 18—lower than the legal gambling age of 21 in most US states. Currently, only a few top users profit from Polymarket trading, and about 69% of users incur losses. Experts warn that young users are susceptible to cognitive development influences, which may lead to dependence on high-risk investments. US senators Katie Britt and Richard Blumenthal have reportedly introduced a bill to restrict minors from being exposed to prediction market advertisements.