Scan to download
BTC $80,815.28 +0.59%
ETH $2,321.83 +0.34%
BNB $649.41 -0.13%
XRP $1.42 +0.07%
SOL $93.48 -0.10%
TRX $0.3503 -0.69%
DOGE $0.1082 -1.30%
ADA $0.2726 -0.35%
BCH $453.07 +0.62%
LINK $10.47 +0.01%
HYPE $42.83 -2.16%
AAVE $96.57 +0.70%
SUI $1.13 +8.73%
XLM $0.1629 -0.62%
ZEC $604.22 -0.24%
BTC $80,815.28 +0.59%
ETH $2,321.83 +0.34%
BNB $649.41 -0.13%
XRP $1.42 +0.07%
SOL $93.48 -0.10%
TRX $0.3503 -0.69%
DOGE $0.1082 -1.30%
ADA $0.2726 -0.35%
BCH $453.07 +0.62%
LINK $10.47 +0.01%
HYPE $42.83 -2.16%
AAVE $96.57 +0.70%
SUI $1.13 +8.73%
XLM $0.1629 -0.62%
ZEC $604.22 -0.24%

orb

Forbes: SBF's venture capital capabilities reassessed; if not imprisoned, could possess a fortune of $100 billion

According to Forbes, SBF's early investment portfolio is being re-evaluated by the market, with some opinions suggesting that if he had not been imprisoned due to the FTX collapse, his venture capital layout could theoretically yield a wealth increase of up to about $100 billion.Before the FTX collapse, SBF had established an investment landscape covering several star companies, including Anthropic, SpaceX, Robinhood, and the AI programming tool Cursor, which was considered to have significant foresight.Industry insiders pointed out that he had bet on key tracks ahead of the AI wave, among which: Cursor recently reached a partnership with SpaceX, with a valuation potentially reaching $60 billion, and Anthropic's valuation is nearing $90 billion. Rory O'Driscoll, a partner at Scale Venture Partners, stated that SBF had laid out investments in several core AI companies before ChatGPT, "demonstrating a rare investment sensitivity." However, this "investment talent narrative" was ultimately completely altered by the FTX collapse.SBF is currently serving a 25-year sentence for misappropriating over $8 billion in customer funds. At his peak, his personal wealth reached about $24 billion, and he made it onto the Forbes 400 list. Today, his venture capital capabilities are intertwined with his history of financial crime, making him one of the most controversial cases in cryptocurrency history.

Eric Trump responds to Forbes' criticism: ABTC BTC holdings exceed 7,000 coins, ranking as the 16th largest publicly listed Bitcoin company

Eric Trump, the second son of Trump, responded to Forbes' criticism of his significant arbitrage through the Bitcoin business, which harms MAGA investors. Eric stated that Forbes has become a disgrace in the journalism industry. Just over a year ago, his Bitcoin company American Bitcoin (ABTC) did not exist. 7 months and 25 days ago, ABTC was listed on Nasdaq, and today it holds over 7,000 Bitcoins, becoming the 16th largest publicly traded Bitcoin company in the world, backed by a massive cluster of nearly 90,000 mining machines and a computing power of 28 EH/s, using the highest quality energy in the United States.In just the fourth quarter, the Bitcoin on the balance sheet increased by 58%, with mining costs 53% lower than the market price of Bitcoin, and fourth-quarter revenue reached $78.3 million, a quarter-over-quarter increase of 22%. American Bitcoin can be said to be the company that has entered the "top 100" ranking in this field at the fastest speed, and it is actively expanding its mining scale every day. This narrative is strikingly similar to Forbes' rhetoric from years ago.According to previous reports from ChainCatcher, Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool specifically designed to exploit those investors who support MAGA (Make America Great Again).

Forbes criticizes Eric Trump for making large profits through Bitcoin business, harming MAGA investors

Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool designed to exploit investors who support MAGA (Make America Great Again). American Bitcoin was established in 2025 and quickly went public on NASDAQ, leveraging the Trump family brand and the Bitcoin craze to push its valuation to $13.2 billion.Eric Trump vigorously promoted the company as the "leader in the Bitcoin world" during the earnings call, but the actual company has only a few full-time employees and mainly relies on story marketing rather than solid operations. The company continuously sells overvalued stock to buy Bitcoin, while Eric has almost no investment, yet has increased his personal wealth from about $190 million to $280 million, with other insiders also profiting significantly.Meanwhile, ordinary investors, especially MAGA supporters, have suffered heavy losses. Over the past eight months, American Bitcoin's stock has dropped about 92% from its peak, resulting in cumulative losses of about $500 million for investors. Forbes questions the actual profitability of American Bitcoin's Bitcoin mining business, believing that its advertised "half-price mining" is difficult to achieve and is more about using the Trump brand for high-priced stock dumping.

Bitmine increased its holdings by 60,999 ETH last week and added an investment of 80 million dollars in Eightco (ORBS)

According to PR Newswire, Bitmine announced today that its total value of crypto assets, including cash and the "Moon Landing Plan" holdings, has reached $11.5 billion. As of 7:00 PM Eastern Time on March 15, 2026, the company's crypto holdings include 4,595,562 ETH, 196 bitcoins (BTC), a $200 million investment in Beast Industries, an $83 million investment in Eightco Holdings (NASDAQ: ORBS), and a total of $1.2 billion in cash. Bitmine's ETH holdings account for 3.81% of the total ETH supply (120.7 million ETH).In the past week, Bitmine also took two strategic actions. First, Bitmine increased its investment in the existing "Moon Landing Plan" company Eightco (stock code: $ORBS) by an additional $80 million. ORBS acquired a $50 million stake in OpenAI and a $25 million stake in Beast Industries.Lee stated, "ORBS is now the only publicly traded stock in the world that allows investors to directly access OpenAI. The highly anticipated IPO of OpenAI will take place in 2026, and investors can now gain direct investment through ORBS."Additionally, we see a significant synergy between World Chain (proof of humanity), the leading AI platform (OpenAI), and the globally renowned content creator Mr. Beast. Eightco has invited Cathie Wood's ARK to serve as a strategic advisor, further enhancing the appeal of ORBS.Secondly, Bitmine purchased 5,000 ETH from the Ethereum Foundation, enabling EF to fund its core operations. Lee stated, "Bitmine's acquisition of these ETH is to demonstrate our support for EF's goals and operations, and to allow EF to raise funds without having to sell its ETH on the open market."Lee pointed out, "In the past two weeks, Bitmine has slightly accelerated its pace of ETH purchases each week, as our fundamental judgment is that ETH is in the final stage of a 'mini crypto winter.' In the past week, we acquired 60,999 ETH, while the recent average weekly acquisition has been between 45,000 and 50,000 ETH."
app_icon
ChainCatcher Building the Web3 world with innovations.