NewsBTC
Feb 9, 2026
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BULLISH 📈 : Bitcoin Hyper Raises $31M as Block Inc. Cuts 10% Staff

Key Updates in Crypto Investments

  • Block Inc. Restructuring: Block Inc., led by Jack Dorsey, is reducing its workforce by 10% to maintain a headcount of 12,000. This move focuses on operational efficiency and agility rather than expansion.
  • Shift in Market Dynamics: The market is transitioning towards rewarding streamlined execution and "revenue per employee" over mere growth.
  • Bitcoin Hyper Initiative: Bitcoin Hyper integrates the Solana Virtual Machine (SVM) on Bitcoin's network, addressing Layer 1 latency and fee issues. This solution enhances capital efficiency by allowing smart contracts in Rust to execute with low latency while maintaining Bitcoin's security.
  • Institutional Interest: Over $31M has been raised in the Bitcoin Hyper presale, reflecting growing institutional demand for efficient blockchain infrastructure.
  • Infrastructure Development: Bitcoin Hyper's architecture includes a Decentralized Canonical Bridge, providing native-feeling transactions while anchoring liquidity to Bitcoin's security model. This facilitates high-speed payments and complex dApps on Bitcoin's network.
  • How Hyper’s Layer 2 works.
  • Market Implications: The focus on efficient, high-performance infrastructure aligns with current market demands, potentially positioning protocols like Bitcoin Hyper as significant players in the evolving crypto landscape.