Several publicly traded Bitcoin mining companies rose on Tuesday as a semiconductor-led equity rally revived optimism that miners' power-intensive data centers can be redeployed for AI and high-performance computing. TeraWulf (WULF) gained as much as 17% after news tied to a Kentucky data center acquisition site, while Hut 8 (HUT), IREN (IREN) and Riot Platforms (RIOT) ended the session up more than 5%.

Bernstein rated Figure Technology Solutions "Outperform" and set a $67 price target, nearly double its recent level around $32. The analysts pointed to March loan originations of $1.2 billion, up 33% month over month, and first-quarter originations of $2.9 billion as its tokenized credit marketplace scales. Figure shares are down more than 20% year to date after a Nasdaq debut last September that valued the company at nearly $800 million.

Corporate Bitcoin holders are taking different paths as market pressure persists: Strategy kept its large BTC position unchanged, while Nakamoto Holdings sold Bitcoin at a loss and reduced exposure. Nakamoto sold about $20 million in March, including roughly 284 BTC near $70,400, cutting holdings to just over 5,000 BTC as it redirected proceeds to working capital and merger-related investments.

Stablecoin supply rose by about $8 billion to a record $315 billion in Q1, as stablecoins captured 75% of total crypto trading volume and transaction volume exceeded $28 trillion. Retail-sized transfers fell 16% while bots represented roughly 76% of stablecoin transaction volume. USDC supply increased by around $2 billion, whereas USDT supply declined by about $3 billion.

S&P Dow Jones Indices has placed its iBoxx US Treasuries Index on the Canton Network, turning the fixed-income benchmark into a tokenized digital asset for institutional use. The move, announced Tuesday with Kaiko, is meant to let firms pull index pricing and levels onchain via tokens rather than traditional data feeds. S&P said the token is permissioned and not an investable product.

Circle shares fell 20% on Tuesday after reports that a draft CLARITY Act could limit certain stablecoin reward structures, while Bernstein argued the sell-off may be mispriced. Separately, Deloitte Canada and Stablecorp said they are working to integrate the Canadian dollar–pegged stablecoin QCAD into bank payment and settlement flows, as Canada moves toward a formal framework for fiat-backed digital assets.

Polymarket said in a Monday announcement it updated market integrity rules for its global DeFi platform and its US exchange to better match regulatory expectations. The company outlined tighter market-design standards, clearer outcome resolution criteria, expanded surveillance, and limits on markets it considers easily manipulated or ethically sensitive.

Forward Industries said Thursday it will repurchase 6,164,324 common shares from an unnamed institutional investor for about $27.4 million, cutting shares outstanding to 76,977,809. The buyback is financed by a $40 million loan from Galaxy Digital LLC at 3.4% interest, secured by 7,013,536 SOL worth roughly $613 million at current market prices.

Digital asset wealth manager Abra has signed a definitive agreement for a reverse merger with New Providence Acquisition Corp. III, valuing the company at a pre-money equity figure of $750 million. After the transaction closes, the combined entity is expected to list on Nasdaq under the ticker ABRX, with existing backers rolling their stakes into the new public company.