Saudi Arabia launches new AI firm, Strategy buys 13390 BTC, Coinbase buys Deribit ⚡️ Hamster News

[Music] Hey hamsters, the Trump family crypto empire grows stronger as a new AI company in Saudi Arabia joins the ranks mobid moves in today's episode of hamster news. In time with the American president's visit, Saudi Arabia has launched a multi-billion dollar AI company Humane led by de facto leader Muhammad bin Salman to position itself as a global AI hub. The announcement coincidentally comes at the same time with a Saudi US investment forum where the kingdom is pledging $600 billion in US investments over a 4-year period.

It's not just Donald Trump with news. The Trump family has also been busy. This time with Eric Trump and Donald Trump Jr. announcing that their Bitcoin mining company is going public on the NASDAQ through an allto merger with Griffin Digital Mining. Wo. And in a big day for Bitcoin, Michael Sailor continues to double down. Strategy has made another large purchase of Bitcoin. This time in the amount of 13,390 BTC. This would bring the company's total to $568,840 BDC acquired for around $39.41 billion. Ho ho ho. [Music] The dealmaking dance continues as OpenAI and Microsoft negotiate their multi-billion dollar partnership. The talks aim to secure Microsoft's access to advanced AI models while paving the way for a future OpenI IPO. A partnership pattern continues as Coinbase has agreed to acquire Darabbit, the world's leading crypto options exchange with around $30 billion in open interest. Following this announcement, Coinbase's international derivatives platform recorded a whooping 10 billion dollar in trading volume. Wounding out today's episode, SEC chairman Paul Atkins outline plans to overhaul cryptocurrency policies, suggesting the SEC may revise rules to allow registered broker dealers with an ATS to facilitate trading in nonsecurities like Bitcoin and Ether.

Let's hear it for policy changes. Woohoo. Nice, nice, nice. That's all for today. Thanks for watching. Subscribe and remember hamsters are power. One for all and do for one. Bye..

As found on YouTube

Hamster Kombat. Play now