Japan’s National Business Corporate Pension Fund plans 1% crypto allocation by fiscal 2026

The Technology Modernization Fund has about $200 million to invest in new projects, but GSAalso needs Congress to reauthorize it before the end of fiscal 2026.

The dominance of custom AI chips by Broadcom and Marvell signals a shift in data center strategies, impacting tech investments and innovation. The post Broadcom and Marvell lead AI chip market with record revenues in fiscal 2026 appeared first on Crypto Briefing.

The post Metaplanet Books $725 Million Q1 Loss as Bitcoin Stack Hits 40,177 BTC appeared on BitcoinEthereumNews.com. Metaplanet booked a ¥114.5 billion ($725 million) net loss for the first quarter of fiscal 2026.  Accounting valuation losses on its Bitcoin (BTC) holdings drove the decline after the cryptocurrency posted its worst Q1 since 2018. Bitcoin’s Worst Q1 Since 2018 Hits Metaplanet’s Treasury Bitcoin fell roughly 22% during the first quarter of 2026. The drop marked Bitcoin’s weakest first quarter in eight years. The decline hit major corporate holders, including Metaplanet. “The ordinary loss and quarterly net loss attributable to owners of parent were primarily attributable to accounting valuation losses resulting from the decline in Bitcoin prices at the end of the first quarter and reflect short-term mark-to-market fluctuations,” the firm said. Despite the dip, the Tokyo-listed firm increased its Bitcoin holdings to 40,177 BTC. BTC holdings per fully diluted share rose 2.8

The post Penguin Solutions (PENG) Stock Rockets 13% on AMD Deal and Upgraded Revenue Forecast appeared on BitcoinEthereumNews.com. Key Highlights Penguin Solutions (PENG) experienced a ~13.47% spike following the unveiling of a collaborative venture with AMD and Shell targeting AI data center optimization. Management elevated fiscal 2026 revenue growth projections from 6% to 12%, propelled by robust memory division performance. Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M. Technical indicators including a “golden cross” pattern combined with elevated trading volumes amplified the upward momentum. Senior Vice President Clark Joseph Gates divested $173,750 in shares on May 5 through a predetermined 10b5-1 trading arrangement. Shares of Penguin Solutions (PENG) climbed 13.47% on May 10, closing at $44.23, following the disclosure of a tripartite collaboration with AMD and Shell designed to enhance AI-powered data center capabilities. A