Reddit's stock price has surged 48% compared to its IPO price, as investors are optimistic about AI earnings. Bitcoin price has dropped to a two-week low, with market expectations of a Federal Reserve rate cut. Trump may gain $3.5 billion from Truth Social, which is set to go public. Reddit's successful IPO has resulted in mixed market reactions, with digital currencies and social media showing different trends.

Bit Digital is rapidly expanding its business into the AI infrastructure sector by signing agreements to provide cloud-based GPU resources for clients at its data centers. The profit margins in artificial intelligence are higher, which can provide stable revenue for the company's core business. The company is purchasing high-performance computing equipment to deploy at data centers and provide services to AI firms, transitioning to AI business to diversify Bit Digital's revenue sources.

Tesla has maintained a large Bitcoin holding for the fifth consecutive quarter. The financial report indicates that revenue and profit were below market expectations, resulting in a nearly 4.8% decline in Tesla's stock price.

OpenAI CEO Sam Altman warns that the U.S. government is waging a 'war' on cryptocurrency and seeks to 'control' Bitcoin. Altman feels deeply saddened by the government's desire to control Bitcoin and cryptocurrency. He is concerned about how far a surveillance state could go in the monetary realm and opposes central bank digital currencies. Altman believes having a global currency like Bitcoin, which is beyond government control, is a crucial step in technological development. He has faced backlash for his involvement in the controversial Worldcoin cryptocurrency project.

{"title": "3. AI Can Bring More Value to the World Compared to Bitcoin", "content": "The application of AI can bring more value to the world, not just attract speculators and investors."}