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BlockBeats News, March 5, according to the Financial Times, Elon Musk admitted that the tweet he posted during the multi-billion dollar lawsuit surrounding his $44 billion acquisition of Twitter "may not have been my wisest action." At the same time, the world's richest man is defending himself in court against allegations of market manipulation. He told the San Francisco jury on Wednesday that the tweet was not intended to manipulate Twitter's stock price, as it was posted during the acquisition negotiations. A group of Twitter investors claim they suffered losses after Musk threatened to withdraw from the deal in order to gain leverage during the acquisition talks, even though Musk knew he was legally obligated to complete the $44 billion acquisition. After signing a binding acquisition agreement in April 2022 and waiving his right to conduct due diligence, Musk quickly began questioning the number of bot accounts on the platform. On May 13, 2022, he tweeted that unless the company could prove that "spam/fake accounts indeed represent less than 5% of users," the deal was "temporarily on hold." On that day, Twitter's stock price fell by 9% at the opening.

Golden Ten Data March 5｜Broadcom CEO Hock Tan stated that the company expects its artificial intelligence chip sales to exceed 100 billions next year. "We are confident" in reaching this milestone by 2027, he said during a conference call with analysts. "We have also secured the supply chain needed to achieve this goal." Broadcom expects its AI chip revenue for this quarter to reach 10.7 billions, so achieving the annual revenue target of 100 billions would be a significant leap. Boosted by his remarks, the company's stock price rose about 4% in late trading.

Jinse Finance reported that Blockware bitcoin analyst Mitchell Askew posted on X platform, stating that we are witnessing a historic stagnation in bitcoin hashrate. Since the beginning of the year, it has decreased by 2.9%, and 2026 may become the slowest year of hashrate growth on record. Bitcoin hashrate peaked in October, and a few days later, bitcoin price also peaked. Although hashrate rebounded after the end of power restrictions caused by winter weather, it is still about 10% lower than its historical high. The main reason why hashrate has not reached a new high in nearly four months is that bitcoin price has also not hit a new all-time high. The “production cost” varies greatly among different miners; factors such as ASIC model, electricity cost, and interest expenses all affect the bitcoin price required for miners to achieve profitability. For customers using the most efficient mining machines currently available and with an electricity price of $0.07 per kWh, the breakeven price is about $52,000. For miners with lower operational efficiency, this number is much higher. When bitcoin drops from $125,000 to $60,000, miners with higher breakeven prices are forced to shut down. About 450 bitcoins are mined every day—not more, not less. The fewer miners competing for these 450 bitcoins, the larger the share each miner receives. A miner with 10 S21 XP 270T mining machines can currently mine about 0.0012 bitcoins per day.