Travis Wright breaks down Strategy's unprecedented $1.1 billion bitcoin purchase that eclipsed all ETFs combined, SpaceX's surprising $60 billion play for AI coding startup Cursor, and bitcoin's tumble below $75K following Trump's Federal Reserve pick rejecting rate cut demands. Plus why advanced AI systems excel at MIT exams yet struggle with basic invoice reading.

Wednesday, April 22, 2026 — 680 words / ~4.5 min

Today's Top Stories:

  1. Strategy Drops $1.1B on Bitcoin, Outbuying Every ETF Combined
  2. SpaceX Drops $60B on Pre-IPO AI Coding Startup Nobody Saw Coming
  3. AI aces MIT exams but fails at reading invoices
  4. SpaceX Locks $60B Option to Buy AI Coding Startup Cursor
  5. Bitcoin Crashes Below $75K After Trump's Fed Pick Refuses Rate Cut Pressure