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Tether’s Multimillion-Dollar Foray into AI and Mining
Tether Group has invested $420 million in computer chips. Specifically, they acquired 10,000 H100 GPUs from Nvidia, a popular choice in the artificial intelligence sector. This deal also includes a 20% ownership stake in Northern Data, a German-listed bitcoin mining company. Michael Saylor: The Maverick Billionaire and Bitcoin Enthusiast
Michael Saylor's net worth stands at $1.2 billion. His X account is a testament to his dedication to Bitcoin. His followers are abuzz with the fervor with which this billionaire embraces BTC, speculating on how Saylor continually navigates the highs and lows of his fortune. Lightning Network and BTC: The Future of Global Payments
While the world remains engrossed with Bitcoin's market rallies, David Marcus and the team at LightSpark are looking at the bigger picture. Their ambitious endeavor to turn BTC into a global payment network could reshape our views on money, borders, and financial inclusivity.
Amid the evolving crypto landscape, one prediction stands out: Davis Hui from Caanan foresees BTC's price potentially skyrocketing to $100,000 by 2024. This bullish forecast is rooted in upcoming events like the bitcoin halving, set to diminish the BTC issuance rate by halving miner rewards.
Compounding this optimistic view is the undeniable attention from financial powerhouses, with BlackRock, boasting $10 trillion in assets, as a prime example.
For Hui, it's this mix of major institutional influx and a shrinking bitcoin supply that suggests a bullish future for BTC. 







