POLICY: The U.S. Treasury has opened a 60-day public comment period on proposed stablecoin regulations under the GENIUS Act.

Alabama's governor has signed legislation creating a legal framework for DAO-style nonprofit entities.

Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company backed by the Aethir decentralized GPU network, released its FY2025 annual financial report on April 1 (UTC+8), outlining the progress of its decentralized computing business for institutional investors. According to the report, the total value of contracts executed over the past 30 days reached about $12 million. The company estimates monthly revenue of $835,000 for Q2 and reported more than 20 enterprise clients. After the disclosure, AGPU rallied as much as 152% in a single session. Trading volume topped 900x the 20-day average, with daily turnover exceeding $300 million. The company said all enterprise computing deployments were delivered through the Aethir network, covering 94 countries and more than 200 nodes. The network has surpassed 435,000 GPU containers, with cumulative deliveries exceeding 1.8 billion compute hours. Source: ODAILY

MetaPlanet, a Tokyo-listed investment firm that has repositioned itself as an aggressive corporate buyer of Bitcoin, said it purchased 5,075 BTC for about $400 million in Q1 2026. The buy lifts its holdings to 40,177 BTC, valued at roughly $2.7 billion. The addition pushes MetaPlanet into third place among publicly traded companies by Bitcoin reserves, surpassing MARA Holdings after MARA recently sold $1.1 billion worth of Bitcoin. MetaPlanet is also closing the gap with Twenty One Capital, which holds 43,514 BTC worth about $2.9 billion. Founded in 1999 as a hospitality-focused business, MetaPlanet spent years under profitability pressure before pivoting to Bitcoin in 2024. Over the following two years, it set up two new subsidiaries to broaden its Bitcoin strategy beyond simple accumulation. At the start of 2025, it held fewer than 2,000 BTC; in roughly 15 months, reserves have expanded by about 2,180%. The company is targeting 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. Bitcoin "Income Business" offsets part of acquisition cost MetaPlanet said its Bitcoin Income Business generated about $19.8 million in revenue during the quarter, equivalent to roughly $3,900 per BTC acquired. The company said this effectively lowers its net purchase cost and is close to the market VWAP benchmark of around $79.1K. The approach pairs options-based income generation with ongoing accumulation so that operating revenue can partially offset purchases. On performance metrics, MetaPlanet reported a BTC Yield of 2.8% for Q1 2026, following higher yields through 2025. The firm describes BTC Yield as growth in Bitcoin holdings relative to share dilution; BTC Gain as accumulation excluding dilution effects; and BTC USD Gain as the dollar translation of that gain. The Q1 buying followed a $255 million capital raise in late March, with proceeds earmarked for Bitcoin purchases. Early estimates had pointed to 3,600–3,700 BTC, and the company said total funding could rise to $531 million if warrants are exercised, enabling larger-scale accumulation.

Odaily Planet Daily reported that on April 1, Axe Compute (NASDAQ: AGPU), a Nasdaq-listed company built on the Aethir decentralized GPU network, published its FY2025 annual report, outlining the progress of its decentralized computing business to institutional investors through a public-company disclosure. The filing said executed contract value over the past 30 days totaled about $12 million, with estimated Q2 monthly revenue of $835,000 and more than 20 enterprise clients. After the report was released, AGPU posted an intraday peak gain of 152%. Trading volume topped 900 times the 20-day average, with daily turnover exceeding $300 million. The company said all enterprise compute deployments are delivered via the Aethir network, spanning 94 countries and more than 200 nodes, supported by over 435,000 GPU containers and more than 1.8 billion cumulative compute hours delivered.

Onchain analyst Onchain Lens (@OnchainLens) reports that Solana-based perpetuals platform Drift Protocol was exploited, with losses surpassing $270 million. The attacker has swapped almost all of the stolen assets into 129,067 ETH, valued at about $277 million, and later used $2.46 million in USDC to buy an additional 1,195 ETH. The wallet now holds 130,262 ETH, worth roughly $268 million.

Odaily Planet Daily reports that crypto analyst Aunt Ai (@ai_9684xtpa) said the address tied to the Drift exploit has continued accumulating ETH. Over the past five minutes, it purchased 1,195 ETH using about $2.45 million in USDC. Four wallets under its control now hold a combined 130,293 ETH, worth roughly $266 million.

ChainCatcher reported that on-chain tracker @ai_9684xtpa flagged a rapid swap tied to the Drift exploiter: about $2.45 million in USDC was converted into 1,195 ETH over the past five minutes. Four related addresses now hold a combined 130,293 ETH, worth roughly $266 million.

BULLISH: Metaplanet has added 5,075 BTC, taking its total Bitcoin holdings to 40,177 and strengthening its standing among the largest corporate Bitcoin treasuries worldwide.