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Payward, the parent company of Kraken, announced it had won a US$22 million arbitration award against former auditor Mazars USA and asked the Delaware Court of Chancery to enter judgment on the award.

A clutch of growing industries, including artificial intelligence, are the key focus of investment for Bain Capital LP Senior Adviser Steve Pagliuca. He says AI is entering a 10-to-20-year growth phase as it shifts from theoretical applications to physical deployment across sectors. The Boston Celtics co-owner owner also talks about the rising valuations of professional franchises with Bloomberg's Michelle Davis on the sidelines of the Allen & Co Inc. conference in Sun Valley, Idaho. They spoke on Tuesday.

Joe Hession, CEO and co-founder of SnowCloud, and Doug Pierini, CEO of Jackson Hole Mountain Resort, discussed efforts to move customer relations including sales and guest information on one platform. Pierini, whose resort uses SnowCloud, said that it has enhanced guest experiences now that guests expect to be able to buy anywhere they can use their phone.

TeraWulf CEO Paul Prager says a new 20-year lease agreement with Anthropic is a major vote of confidence in the company's AI infrastructure strategy. Speaking on "Bloomberg The Close," Prager also discusses plans for a purpose-built AI campus at TeraWulf's Kentucky site and what the long-term partnership means for future growth.

Andrew Cuomo, former New York governor, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto."

Andrew Cuomo, former New York governor, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." President Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure.

Daan Struyven, co-head of global commodities research at Goldman Sachs, said that despite a cease fire between the US and Iran and oil tankers moving through the Strait of Hormuz, the risks around oil remain 'very, very significant.' Struyven said that oil import weakness in China is not sustainable and the country will aim to restock their oil supply, as well as turn to other sources of energy in the wake of recent energy supply shock.

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Emily Graffeo.

Conrad DeQuadros, Citi Wealth head of economics, said that the level of US debt and questions around fiscal ratios across the globe are still a point of concern for economists even as the economy is in good shape. DeQuadros said that questions the amount of room the deficit has a stabilizing force given a potential economic downturn.

Lyn Alden, founder strategist at Lyn Alden Investment Strategy, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." They discuss Michael Saylor's Strategy, which sold $216 million of Bitcoin last week, marking the first major step in the financing overhaul the company unveiled in recent days after a prolonged slump in the cryptocurrency and its own shares.

Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, pointing to continued risks to vessels in the critical waterway. Tom Kloza, Chief Energy Advisor for Gulf Oil joins to discuss this as well as how the oil markets are reacting to the recent uptick in attacks in the Strait of Hormuz.

Mike Belshe, CEO of BitGo, joins Katie Greifeld and Isabelle Lee on "Bloomberg Crypto." The company recently announced a nearly 15% reduction in their workforce. This comes less than six months after the company went public.