Invest ideasNews
26 Jan 2026, 13:47
BREAKING: Strategy Announces $261 Million Bitcoin Purchase
Strategy has expanded its impressive Bitcoin (BTC) buying spree with yet another purchase.
26 Jan 2026, 13:45
Cipher Mining: Execution Replaces Speculation In 2026
Summary Maintaining a Buy rating for Cipher Mining, driven by imminent HPC/AI lease revenues from AWS and Fluidstack starting in H2 2026. Cipher Mining projects ~$870 million in annual revenue and 76% blended EBITDA margins, with $8.5 billion in contracted HPC revenue over the contract years. At ~7.9x forward sales and 10.2x EV/EBITDA forward, based on projected sales and earnings, Cipher Mining trades at a discount to data center peers despite potential for a higher growth rate. Execution risk centers on timely site energization; delays beyond August/September 2026 could trigger sharp sell-offs. Cipher Mining ( CIFR ) has been one of the Bitcoin miners executing well these past years. I've been long CIFR for the past few years. My past coverage of the company reflects this stance, which all carried Buy ratings. In between the coverages, there have been good runs and sometimes retracements. In my last coverage, I highlighted the point that Cipher Mining’s rerating story isn't over yet . CIFR is up a lot from 2024 but currently off 2025 highs. In this piece, I'd look at what lies ahead for 2026 as a Bitcoin miner and an HPC/AI play and also touch on the HPC deals secured last year and the implication of those deals into the present thesis. Cipher Mining - From Pipeline to Paychecks in 2026 Cipher Mining is one of the HPC/AI plays expecting an operational inflection point in 2026. The market at the moment has remained muted since the HPC/AI hype late last year for the miners that secured deals. They all rerated in Q4 but have now since mostly retraced those gains. CIFR itself surged to a 52-week high of ~$25 on the news of the $3 billion 10-year Fluidstack lease deal last September, then followed by the $5.5 billion AWS deal, before retracing following the issuance of senior secured notes totaling $1.73 billion in mid-November. I'd like to say that the market seems exhausted in assigning a premium to miners turned HPC plays based on just announced deals, pipeline capacity, and projected cash flow discounted into today's share price. I highlighted these in an article published here on Seeking Alpha last Friday covering Hut 8 Corp. ( HUT ), another miner turned HPC play. While each of these miners has secured what looks like similar multi-billion HPC deals, nuances in the deals themselves, as well as each miner's equity composition (of which I'm currently weighing their specific exposure to Bitcoin volatility through their balance sheets) and projected net operating income [NOI] for the duration of the deal are the specific metrics I'm looking at as I analyze these companies. In my latest HUT article , I downgraded HUT from a Buy to a Hold, despite HUT having seen similar capacity development and deals win as the rest of the HPC pivot companies. The main reason was the longer-dated timeline for their River Bend site energization compared to peers, which was compounded by the company's exposure to Bitcoin as it holds over 13,000 BTC on the balance sheet. These present a double headwind for the company, making 2026 a potentially muted year for HUT. In contrast, as I analyze Cipher Mining going into 2026, I'd be maintaining a Buy for CIFR for the singular reason that the checks for the HPC lease from AWS are projected to hit the books from August this year, and 168 MW Fluidstack hosting capacity at Barber Lake expects to commence rent in September. Impressive top line numbers making the headline are a first place to watch for the next catalysts. I’ve talked about the sentiment of the current market, which has apparently moved beyond maintaining momentum based on just pipeline capacity or capacity under exclusivity. Those were last year's catalysts. 2026 is the execution year, when HPC pivots show actual top-line impact on financials. To project what's coming for Cipher, I'd make some assumptions. Take the Cipher's base mining revenue to be ~$55 million per quarter (I derived that using the average revenue of three quarters already reported in FY25); annualized, this gives a steady mining run rate of ~$220 million. I'm quite positive the company can now produce that amount of quarterly revenue from mining as a steady run rate until the next halving, with current hashrate at 23.5 EH/s and mining efficiency looking good at 16.8 J/Th. Now layer in the HPC contracts. Cipher has roughly $8.5 billion of contracted revenue from the AWS and Fluidstack deals. If this revenue is recognized on a straight-line basis over a 13-year weighted contract life, it implies ~$650 million in annual HPC revenue (calculated as $8.5 billion for the combined deal divided by 13 years). And would put total sales from both mining and HPC to about $870 million. Note that my estimate is still a conservative one as I use a straight-line assumption for the modeling. Cipher's adjusted EBITDA margin improved greatly in 2025. It was just around 12% in Q1 2025 on $49 million revenue and $6.1 million adjusted earnings, but jumped to ~60% in Q3 on a $72.0 million revenue and ~$41 million adjusted EBITDA in Q3. I believe higher adjusted EBITDA is sustainable because it was driven by the upgrade of the mining fleets from older Bitmain T21s to S21 XP Antminers . Economies of scale are likely to stay intact in the meantime, with factors like network difficulty and Bitcoin price not moving too much. For the purpose of my modeling for projected earnings, I'd, however, factor in volatility and go with a conservative ~50% adjusted EBITDA for the mining operations moving forward, which I believe the company can sustain considering the improved 16.8 J/Th average efficiency the S21 XP Antminers have brought to the mining fleet. Valuation is bound to shift from Cipher's current life as a Bitcoin miner when the HPC checks hit in H2. In the deals, management is guiding for an 80–85% NOI margin, which I believe is very well within range, as the AWS deal is a triple N, meaning the clients take care of the biggest three costs (power, cooling, and facility costs). For this modeling, I'll be treating NOI margin as EBITDA margin, which is safe enough considering low overhead and other operational levers in the HPC lease deal which, when accounted for, won't skew our EBITDA from NOI estimate materially. Segment Annual Revenue Projection ~ Adj. EBITDA Margin Annual EBITDA Contribution Bitcoin Mining $220 Million 50.0% (Conservative floor and sustainable with current mining economics) $110.0 Million HPC/AI Hosting $650 Million 85.0% (Guided NOI margin) $552.5 Million Total Pro Forma $870 Million 76.1% (Blended) $662.5 Million At a $6.94 billion market cap at present and $870M projected 2027 sales, CIFR trades at ~7.9x sales, meaning at current market cap, CIFR is trading around 7.9x projected sales. A ~7.9x forward sales multiple for a company with 75%+ blended EBITDA margins and contracted revenue from AWS and Google can be considered modest. Traditional data center providers like Equinix ( EQIX ) and Digital Realty Trust ( DLR ) typically trade in the low mid teens to sales, but they have much slower growth rates as they are well-established firms beyond the rapid growth phase. The case for CIFR is that it is combining high-margin HPC revenue with optionality in Bitcoin upside and potential for rapid growth, which are visible through the pipeline capacity and the AWS and Fluidstack deals themselves, which have clauses that allow expansion down the line. Using the current $6.78 billion EV and our blended EBITDA projection of $662.5 million from both segments, it implies an EV/EBITDA [fwd] of 10.2x (gotten from EV divided by projected EBITDA), and the valuation gets even more attractive. At 10.2x 2027 EBITDA, CIFR is being priced as if the HPC deals are still high-risk speculations. The market is ignoring the fact that the AWS and Fluidstack contracts are legally binding and the sites are already in build-out; the market is underpricing the near certainty of the coming cash flows. As the HPC revenues start to come in, if CIFR catches up to the Sales multiple of data center provider peers (moving from 8x to 10–12x), that would imply a ~25% upside for the rerating from current stock price. If CIFR catches up to the EBITDA multiple (moving from 10.2x to 20–30x), the stock would more than double. Risks The risk I worry about most at this stage is construction and energization slippage risk. As I have noted with Hut 8 and why I downgraded to a Hold because of longer-dated energization timelines, while peers are already locked in for HPC revenue just months away. The market punishes longer-dated timelines. Any hint that the August 2026 for AWS site launch and October for Fluidstack site launch is sliding into 2027 might trigger a sharp CIFR sell-off. Takeaway The market moved with momentum on the AWS deal news in November and is now underappreciating it in January. The gap between current prices around $17 and the top last November around $25 is the execution premium that will likely return as we get closer to that first lease payment in 2H this year. We can do as much rough math as we want, but unless the HPC lease payments don’t start hitting the top line in September/October, CIFR will likely trade as a momentum stock in the latter part of this year, to be driven by the headline top-line numbers from the HPC deals.
26 Jan 2026, 13:44
Michael Saylor’s Strategy buys 2,932 Bitcoin amid market sell-off
Strategy acquired $264 million of Bitcoin last week during the market pullback, lifting its holdings to more than 712,000 BTC, according to a Monday SEC filing.
26 Jan 2026, 13:41
Bitcoin Price Prediction: Rich Dad Poor Dad Author Kiyosaki Ignores Price Crash – Here’s Why He’s More Bullish Than Ever
Bitcoin is trading near $87,700, down about 1% on the day, yet Robert Kiyosaki remains unmoved by short-term price swings. The Rich Dad Poor Dad author says he continues buying Bitcoin and Ethereum regardless of volatility, arguing that price matters less than the direction of the global financial system. In a recent post , Kiyosaki pointed to two forces shaping his strategy: the rising US national debt, now above $38.4 trillion, and the steady erosion of the dollar’s purchasing power. From his perspective, daily price movements are a distraction. As debt expands and deficits deepen, scarce assets gain relevance. As he put it bluntly, he does not worry about market fluctuations because “the national debt keeps going up and the purchasing power of the US dollar keeps going down.” Q: Do I care when the price of gold silver or Bitcoin go up or down? A: No. I do not care. Q: Why Not? A: Because I know the national debt of the US keeps going up and the purchasing power of the US dollar keeps going down. Q: Why worry about the price of gold, silver,… — Robert Kiyosaki (@theRealKiyosaki) January 23, 2026 That logic explains why Kiyosaki groups Bitcoin with gold and silver, often referring to BTC as “digital gold.” While he has long favored physical metals, he now sees Bitcoin and Ethereum as modern extensions of the same hedge against monetary dilution. His long-term outlook remains bold, with Bitcoin potentially reaching $1 million over the coming years or decade. Institutional Credibility Weakens as Investors Seek Bitcoin Hedges Kiyosaki’s stance reflects deep skepticism toward traditional financial authorities. He has repeatedly criticized institutions such as the Federal Reserve and the US Treasury, arguing that policy decisions have fueled debt growth rather than long-term stability. This view aligns with a broader investor shift. As inflation pressures, rising interest costs, and geopolitical uncertainty persist, capital has increasingly moved toward assets outside the traditional financial system. Bitcoin’s fixed supply of 21 million coins, with more than 19.98 million already in circulation, continues to attract investors who see scarcity as protection rather than speculation. Bitcoin Price Prediction: $87K Base Forms as Trendlines Hint at a Springboard Move While the long-term narrative remains intact, Bitcoin’s short-term chart sits at a critical junction. After pulling back from the $95,500–$96,000 zone, BTC is consolidating between $86,000 and $88,000, an area where multiple technical levels converge. On the 4-hour chart, price is pressing against the lower boundary of a descending wedge while still respecting a rising long-term support line that has guided the broader uptrend since late 2025. Recent candles near $86,100 show long lower wicks, suggesting dip-buying rather than forced liquidation. BTC/USD Price Chart – Source: Tradingview Momentum remains soft, with RSI hovering near 39–40, but it has begun to turn higher. A sustained hold above $88,000 would open a path toward $90,700 and $93,300, with a potential retest of $95,500. A break below $86,000 would delay that recovery and expose $84,300, without undermining the broader structure. Taken together, Kiyosaki’s long-term conviction and Bitcoin’s developing technical base suggest the market is pausing, not peaking. For investors focused beyond short-term noise, this consolidation may be the kind of quiet reset that precedes the next expansion phase. Bitcoin Hyper: The Next Evolution of BTC on Solana? Bitcoin Hyper ($HYPER) is bringing a new phase to the BTC ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin. Audited by Consult , the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $31 million, with tokens priced at just $0.013635 before the next increase. As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again. Click Here to Participate in the Presale The post Bitcoin Price Prediction: Rich Dad Poor Dad Author Kiyosaki Ignores Price Crash – Here’s Why He’s More Bullish Than Ever appeared first on Cryptonews .
26 Jan 2026, 13:32
Pi Network (PI) Collapses to a New All-Time Low: More Pain Ahead?
Pi Network’s bulls suffered yet another setback as the token’s price plummeted to a new record low, further dampening market sentiment. Additionally, some key indicators suggest the downturn could deepen in the short term. Finding a New Bottom Just hours ago, Pi Network’s PI tumbled to $0.17, which is the lowest level recorded since the token began trading in February last year. Its market capitalization fell under $1.5 billion, making it the 75th-largest cryptocurrency. PI Price, Source: CoinGecko The latest move to the south could be partially driven by the broader market’s bearish environment, where Bitcoin (BTC) slipped below $88,000, and Ethereum (ETH) briefly plunged to $2,780. Some important factors hint that PI’s price has yet to chart fresh lows. Data shows that almost 150 million coins are expected to be unlocked in the next 30 days, a development that could increase selling pressure, as it will give investors the opportunity to offload assets they have been waiting for a long time. The average token unlocks are just south of 5 million, which is far more aggressive than those in the previous weeks and months. The record day will be February 7, when approximately 6.1 million tokens will be freed up. Huge Adoption on the Way? While PI’s price performance over the past several months indeed seems depressing, some X users remain optimistic about the project. Kosasi Nakomoto recently noted that the asset’s “earn while you wait” model looks “childish” to many crypto natives, but predicted that in a couple of years, most people in emerging markets will probably have a Pi wallet. Meanwhile, PI’s Relative Strength Index (RSI) suggests that the worst might be over and could be time for a short-term rebound. The metric ranges from 0 to 100 and shows whether the asset is overbought or oversold. Ratios below 30 indicate the valuation has slipped too much in a short period and might be due for a rally, while anything above 70 is considered bearish territory. Recently, the RSI fell below 30 and has since increased to 38. PI RSI, Source: RSI Hunter The post Pi Network (PI) Collapses to a New All-Time Low: More Pain Ahead? appeared first on CryptoPotato .
26 Jan 2026, 13:31
XRP Just Moved Onto Another Public Company Balance Sheet
Reliance Global Group, Inc. has added XRP to its corporate balance sheet. This move positions XRP as a directly held digital asset, distinct from trading, ETFs, or other exposure strategies. The company disclosed the holdings in an SEC Form S-1 filing, confirming ownership and fair valuation of XRP as of September 30, 2025. Strategic Use of XRP SonOfaRichard, a crypto commentator on X, highlighted the practical nature of the acquisition, stating, “XRP sits on the balance sheet as a digital asset, fair-valued, custodied, disclosed.” The statement emphasizes the company’s direct ownership approach. This approach allows Reliance Global Group to integrate XRP within its existing money movement processes without relying on speculative activity. The timing of this acquisition is noteworthy. Holding XRP before major product launches or public announcements suggests a deliberate approach to infrastructure adoption. By integrating XRP early, the company positioned itself to leverage the digital asset for operational efficiency in payments and settlements . XRP JUST MOVED ONTO ANOTHER PUBLIC COMPANY BALANCE SHEET. This isn’t an ETF. This isn’t exposure. This isn’t a trade. Reliance Global Group, Inc. bought XRP. They hold it. They report it. XRP sits on the balance sheet as a digital asset, fair-valued, custodied, disclosed. No… pic.twitter.com/tLKaQYxy5T — SonOfaRichard (@heythereRich) January 24, 2026 Corporate Holdings and Reporting Xaif (@Xaif_Crypto), an XRP enthusiast, confirmed the ownership and shared Reliance Global Group’s Form 10-K filing from December 31. At the time, Reliance Global Group held 8,036.7 XRP with a cost basis of $22,930 and a fair value of $22,880. The digital asset is classified as Level 1 under the fair value hierarchy standards. Reliance Global Group operates primarily in insurance and payments. Its core business involves managing premiums, commissions, and settlement processes. XRP’s inclusion on the balance sheet aligns with these functions, supporting treasury diversification and settlement flexibility. The move reflects preparation for potential future enhancements in payment infrastructure . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Impact on Digital Asset Adoption This corporate adoption illustrates how XRP is increasingly recognized as a functional asset within payment-focused businesses. Holding XRP on the balance sheet allows companies to diversify treasury assets and gain optionality in settlement processes. It also reflects a practical approach to integrating digital assets into established financial operations. This development marks another milestone in XRP’s presence within corporate balance sheets. It showcases the adoption of digital assets in conventional financial structures and operational frameworks. Reliance Global Group’s actions provide insight into how traditional businesses can leverage digital assets strategically. The acquisition and reporting of XRP highlight an operational use case beyond speculation. By maintaining clear custody, valuation, and disclosure practices, the company reinforces XRP’s role as a reliable tool for corporate finance and payment operations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Just Moved Onto Another Public Company Balance Sheet appeared first on Times Tabloid .
