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Kalshi Ramps Up Effort to Build Markets for AI Computing Power

Kalshi Inc. has created a tool that plots the future price of computing power, joining the ranks of exchange and index operators attempting to build markets around the commodity powering artificial intelligence. Udesh Jha, Chief Risk Officer, at Kalshi joined Bloomberg Businessweek Daily alongside Bloomberg News Finance Reporter Katherine Doherty to discuss the future of prediction markets.

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Bloomberg

Strategy CEO: We're Buyers of Bitcoin Long-Term

Strategy Inc. has increased its cash reserves to $3 billion following a recent stock sale, allowing the company to temporarily halt Bitcoin sales between July 6 and July 12. Phong Le, Strategy President & CEO, explained that the company has evolved from a Bitcoin treasury firm into a comprehensive digital capital platform, currently holding over 840,000 Bitcoin. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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