News

Riot Platforms reported Q1 2026 revenue of $167.2 million, with its data center segment contributing $33.2 million in its first quarter of reporting. Bitcoin mining revenue declined year-over-year, partially offset by the new data center business line.

Spirit Airlines is reported to be at risk of an imminent overnight shutdown, according to CNBC. The article focuses on guidance for ticketed travelers in the event the carrier ceases operations. Spirit previously filed for bankruptcy, and this report suggests the airline may be approaching a final collapse.

Exodus Movement (EXOD) announced the acquisition of outstanding shares of Baanx US Corp. and certain other assets from W3C Corp. for a total consideration of $30 million — $5 million payable upfront and $25 million in deferred payments over four years. No additional financial terms or strategic rationale were disclosed in the announcement.

GameStop is reportedly preparing an offer to acquire eBay, according to the Wall Street Journal. The report is unconfirmed at this stage, and no deal terms have been disclosed. This would represent a major strategic pivot for GameStop, which has been transitioning away from its traditional brick-and-mortar retail business.