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Block, owned by Jack Dorsey, allows 800,000 merchants in the United States to accept Bitcoin payments, and offers 5% Bitcoin cashback. (The Bitcoin Historian)

BlockBeats News, June 27th, Serenity's Pump and Dump Drove Cerebras to a Short-Term Spike, as of the time of writing, the stock contract was trading at $188.26 on trade.xyz, surging over 5% in less than 1 hour. However, the after-hours price of the stock (now closed) was only $182.3. Earlier reports indicated that Serenity had initially bought the Cerebras stock in the $170 range, believing that the OpenAI partnership brought a valuation premium. Still, it was noted that the current valuation is slightly high compared to profit-making companies like JBL. Despite this, there is optimism about its potential as a leader in AI inference.

BlockBeats News, June 27th, Serenity announced that OpenAI will soon launch the GPT-5.6 Sol frontier model on Cerebras hardware in July, with an inference speed of up to 750 tokens/second. This will be a significant validation of Cerebras technology. Serenity stated that they first bought Cerebras stock in the $170 range, believing that the OpenAI partnership brings a valuation premium. However, they pointed out that the current valuation is slightly higher compared to profit-making companies like JBL, but they still see its potential as a leader in AI inference.