Pi Network News and PI Price Update Today: June 15

The community expects further developments this week, while PI’s price has jumped by 4% over the past seven days. The team behind Pi Network has remained consistent in its efforts to expand the ecosystem and strengthen the community through new initiatives and upgrades. PI’s price has finally staged a decisive rebound, mirroring the bullish…

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Strive’s Werkman says Bitcoin downturn may force treasury firms to restructure

Bitcoin treasury companies may need to revisit their capital structures if Bitcoin remains under pressure, with consolidation becoming more likely across the sector, according to Strive Chief Investment Officer Ben Werkman. Summary Strive CIO Ben Werkman said prolonged Bitcoin weakness could push some treasury companies toward consolidation, particularly those carrying debt funded accumulation strategies. Werkman…

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Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech

Sarvam has raised $234 million at a $1.5 billion valuation, the company announced on Monday. The Bengaluru-based company is now India’s newest AI unicorn, as governments and companies seek greater control over critical artificial intelligence technologies and computing infrastructure. $150 million of that money will come from HCLTech, the IT subsidiary of Indian conglomerate HCL…

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