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<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
Advertisement
SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
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Luke Dashjr Reportedly Mulls Bitcoin Hard Fork
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Shiba Inu (SHIB) Spikes 200% in Volume, Ripple Partner Exchange Drops Scam Alert for XRP Community, Dogecoin on Verge of Golden Cross Flip — Crypto News Digest
</a>
$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
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Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
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Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
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Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
Advertisement
SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
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<a rel="nofollow" target="_blank" class="btn btn--light hot__btn" href="/hot-stories" title="Go to Hot stories"> </a>
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Luke Dashjr Reportedly Mulls Bitcoin Hard Fork
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Crypto Exchange Giant Kraken Wraps Up $500 Million Funding Round
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Shiba Inu (SHIB) Spikes 200% in Volume, Ripple Partner Exchange Drops Scam Alert for XRP Community, Dogecoin on Verge of Golden Cross Flip — Crypto News Digest
</a>
$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
Advertisement
Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
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Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
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Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
Advertisement
SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
HOT Stories
<a rel="nofollow" target="_blank" class="btn btn--light hot__btn" href="/hot-stories" title="Go to Hot stories"> </a>
<a href="https://u.today/luke-dashjr-reportedly-mulls-bitcoin-hardfork" class="hot__col">
Luke Dashjr Reportedly Mulls Bitcoin Hard Fork
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</a>
<a href="https://u.today/crypto-exchange-giant-kraken-wraps-up-500-million-funding-round" class="hot__col">
Crypto Exchange Giant Kraken Wraps Up $500 Million Funding Round
</a>
<a href="https://u.today/shiba-inu-shib-spikes-200-in-volume-ripple-partner-exchange-drops-scam-alert-for-xrp-community" class="hot__col">
Shiba Inu (SHIB) Spikes 200% in Volume, Ripple Partner Exchange Drops Scam Alert for XRP Community, Dogecoin on Verge of Golden Cross Flip — Crypto News Digest
</a>
$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
Advertisement
Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
Advertisement
SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
HOT Stories
<a rel="nofollow" target="_blank" class="btn btn--light hot__btn" href="/hot-stories" title="Go to Hot stories"> </a>
<a href="https://u.today/luke-dashjr-reportedly-mulls-bitcoin-hardfork" class="hot__col">
Luke Dashjr Reportedly Mulls Bitcoin Hard Fork
</a>
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Crypto Market Prediction: Shiba Inu (SHIB) $0.00001 Bottom, Ethereum (ETH) Loses $4,000, Bitcoin (BTC): Head and Shoulders to $123,000?
</a>
<a href="https://u.today/crypto-exchange-giant-kraken-wraps-up-500-million-funding-round" class="hot__col">
Crypto Exchange Giant Kraken Wraps Up $500 Million Funding Round
</a>
<a href="https://u.today/shiba-inu-shib-spikes-200-in-volume-ripple-partner-exchange-drops-scam-alert-for-xrp-community" class="hot__col">
Shiba Inu (SHIB) Spikes 200% in Volume, Ripple Partner Exchange Drops Scam Alert for XRP Community, Dogecoin on Verge of Golden Cross Flip — Crypto News Digest
</a>
$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
Advertisement
Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
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SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
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$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
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Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h262167">$160 million Bitcoin loss </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h362167">Softbank's AI bet </a></li></ul>
Advertisement
SoftBank Group has made a $50 million <a rel="nofollow" target="_blank" href="https://www.globenewswire.com/news-release/2025/01/30/3018432/0/en/Cipher-Mining-Announces-50-Million-PIPE-Investment-from-SoftBank-Group.html">investment</a> into industrial-scale Bitcoin mining company Cipher Mining. Matthew Sigel, head of digital asset research at VanEck, has opined that this is a "huge endorsement" for the diversified Bitcoin/AI model from SoftBank Group CEO Masayoshi Son. "Further evidence that Bitcoin is emerging as the hurdle rate for innovators," he said. Cipher CEO Tyler Page said that the company was thrilled to welcome the Japanese financial giant as an investor.
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$160 million Bitcoin loss Son, the third-richest Japanese person, initially invested in Bitcoin at the peak of the 2017 bubble. As <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">reported by U.Today</a>, he ended up losing as much as $160 million after deciding to sell his Bitcoin holdings at a huge loss due to viewing it as a distraction.
Advertisement
Obviously, the disastrous Bitcoin bet hardly made a dent in his massive net worth, which currently stands at a whopping $31.3 billion. <a href="https://u.today/ripple-partner-softbank-leads-800-million-funding-round-for-xrp-friendly-revolut-digital-bank-0">card</a>In 2020, he <a href="https://u.today/billionaire-softbank-founder-reveals-why-he-got-out-of-bitcoin">predicted</a> that digital currencies would be "useful," but he stopped short of singling out a single token. Softbank's AI bet Earlier this week, it was reported that SoftBank was preparing to make a staggering $25 billion million investment in OpenAI. The terms of the investment are yet to be fleshed out, according to the New York Times. The Japanese behemoth is also part of the $100 billion AI project called Stargate, which was announced in partnership with OpenAI, Oracle, and other major names.') (Line: 1244)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1021)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 62)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
Dan Burgin
Vladislav Sopov
U.Today Editorial Team