Bitfarms to buy back 10% of shares, calls stock undervalued
The Bitcoin miner plans to repurchase up to 49.9 million shares over the next year as it pivots to high-performance computing and AI infrastructure.
The Bitcoin miner plans to repurchase up to 49.9 million shares over the next year as it pivots to high-performance computing and AI infrastructure.
Bitcoin holds firm above $115,000 as resilient buyers absorb sell pressure, setting the stage for a potential breakout to new highs.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Following hot on the heels of the Tundra, Toyota has introduced the latest Sequoia. The body-on-frame SUV gets a little more expensive and luxurious for 2026.
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Since this is a model year update, the only notable styling change is the addition of a Wave Maker paint job. It’s exclusive to the Sequoia TRD Pro, which starts at $80,765 and undercuts the Ford Expedition Tremor.
Review: The Toyota Sequoia Packs 437 Hybrid Ponies And Looks Good Doing It
Bigger changes occur inside as all trims now come equipped with a power-folding third-row seat. On the topic of seats, the Sequoia Limited ditches SofTex upholstery for proper leather. It’s a welcome change and buyers will find black leather with white contrast stitching or grey leather with black stitching.
The range-topping Capstone has also been revamped as its black and white interior gives way to a new shale cabin. The stylish seats sport textured accents, brown flourishes, and Capstone badging. We can also see grey walnut wood trim instead of the old brown walnut.
A hybrid powertrain resides under the hood and consists of a twin-turbo 3.4-liter V6, a 1.87 kWh battery pack, and a ten-speed automatic transmission with an integrated electric motor. This enables the model to produce a combined output of 437 hp (326 kW / 443 PS) and 583 lb-ft (790 Nm) of torque. Customers can get rear or four-wheel drive, but neither is particularly efficient as the Sequoia tops out at 21 mpg city, 24 mpg highway, and 22 mpg combined.
Pricing starts at $64,025 which is an increase of $1,600. The Limited climbs from $68,825 to $69,795 for a smaller $970 increase, while the Capstone jumps $520 to begin at $84,435.
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SWIPE
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout.
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout.
With the release of its all-electric M3, BMW’s M division will embark on a brave new future and try to convince gearheads it’s possible to have a fun and engaging EV. While it’ll be some time before anyone gets behind the wheel of this promising new model, recent spy photos offer a surprisingly detailed glimpse at what’s to come. So far, things are looking encouraging.
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Read: This BMW M3 May Be The Heaviest Yet But Also The Quickest Ever
Visually, the electric M3 will mark one of the first entries in BMW’s Neue Klasse lineup, bringing with it a noticeably different design language compared to today’s M3. One of the biggest changes is at the front. The oversized and much criticized kidney grilles from the six-cylinder version appear to be on the way out.
A New Take on the Front End
Based on prototype sightings, these renderings from Kolesa suggest the electric M3, possibly named the iM3, will feature sharp headlights integrated cleanly into slim, illuminated kidney grilles. It looks excellent, which isn’t a word we’re used to using when it comes to modern BMW designs. The publication has also imagined the new sports sedan with a large secondary lower grille finished in black, adding to the aggressive looks.
The same testers also hint that the side profile of the new model will differ significantly from the G80 M3, drawing more from the design of the latest 5-Series. This will include door handles that sit flush with the bodywork and simpler lines. Then there’s the rear.
The taillights of the new model should be similar to those from the recent Vision Driving Experience demonstrator, but if these renders prove accurate, they’ll be slightly smaller and slimmer. A sculpted bumper with a pronounced diffuser gives the rear a more commanding and purposeful appearance.
Powertrain Possibilities
BMW hasn’t shared official specs for the iM3 just yet, but all signs point to a quad-motor layout. While the theoretical output of this setup could reach a staggering 1,341 horsepower, equivalent to one Megawatt, the Germans are expected to dial it back to somewhere in the range of 700 to 800 horsepower for production. Even at those numbers, it would make this the most powerful M3 to date, and possibly the quickest as well.
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The Toyota Tundra is reaching middle age and gaining a number of new features in an attempt to stay fresh. Unfortunately, the truck is also getting more expensive as pricing climbs from $40,090 to $41,260.
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Starting outside, there isn’t much to report besides a new Wave Maker paint job that is exclusive to the TRD Pro. Furthermore, all models now come equipped with a tow hitch and 7/4 pin connector.
Review: The Toyota Tundra Is A Tougher, More Capable Pickup With Available Hybrid Power
Rounding out the exterior styling changes is a revamped SX Package, which now comes with larger 20-inch wheels. It also looks like the TRD Rally Package can be combined with a 3-inch TRD lift kit and the Tow Tech Package.
Moving inside, the Limited trades SofTex upholstery for new black or grey leather with contrast stitching. Likewise, the $80,800 Capstone boasts new Shale leather seats with textured accents and brown flourishes.
Speaking of seats, the Tundra TRD Pro can be equipped with newly optional ISO Dynamic chairs. They echo the ones found on the Tacoma TRD Pro and promise to enhance comfort when off-roading.
Buyers will also find upgraded climate control systems as trucks with a single-zone setup now have a “smartflow management system.” Double cab trucks also get a little nicer thanks to rear air vents on the center console.
Under the hood, there are two familiar engines including a twin-turbo 3.4-liter i-FORCE V6 with 389 hp (290 kW / 394 PS) and 479 lb-ft (649 Nm) of torque. Customers can also get a hybridized i-FORCE MAX producing 437 hp (326 kW / 443 PS) and 583 lb-ft (790 Nm) of torque. Both are connected to a ten-speed automatic transmission, which can be paired to an available four-wheel drive system.
While the engines carryover, Toyota has eliminated the 22.5 gallon gas tank that used to come standard on the SR and SR5. Now, all Tundras come equipped with the larger 32.2 gallon tank.
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SWIPE
If you’re attempting to tow a massive car trailer, a Ferrari 488 GTB, and a Mercedes-Benz GLA, you’d better make sure you set everything up correctly and do not exceed the permitted towing rating of the vehicle you’re driving. It seems the driver of a VW Touareg in Europe recently discovered this the hard way and will probably be left to have a very awkward conversation with their insurer.
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Also: This Just Might Be The Most Expensive Oops Of The Year
Details about this incident are limited, but it looks to have happened over the weekend, somewhere in Serbia. According to the Redditor who posted about it, he overtook the Touareg and the trailer shortly before the crash, noting that the SUV was “clearly struggling” and “barely pulling the load.” He added that the trailer was also swaying left to right.
A Tire Blowout and a Sudden Loss of Control
Shortly afterwards, disaster struck. According to authorities, one of the SUV’s tires blew, and it spun out of control. The trailer detached from the VW and flipped onto a grass embankment next to the road. Remarkably, the red Mercedes GLA and the yellow Ferrari being towed remain strapped in, but were left to dangle upside down.
While the Touareg is quite a capable tow vehicle and can pull as much as 3,500 kg (7,716 lbs), it’s almost certain that figure has been exceeded. Both the Ferrari 488 and first-gen Mercedes GLA weigh around 1,500 kg (about 3,300 lbs), and the trailer almost certainly exceeds 500 kg (1,102 lbs).
Some commentators have speculated that the weight on the trailer may not have been distributed correctly, and there are no signs that any safety chains have been used to ensure the trailer remained firmly attached to the Volkswagen.
Read: Driver Sues Ferrari After Alleged Brake Failure Caused 488 To Fall Into Pond
It’s difficult to determine the full extent of the damage done to the Mercedes and Ferrari, but both of their roofs have almost certainly been crushed. If so, they’ll probably be written off by their insurer – assuming they were insured to begin with, of course.
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Cadillac has expanded its electric lineup more than ever, but shifting consumer interest in the States could complicate its all-EV ambitions. As demand for electric vehicles tapers off, the company may need to revisit its goal of becoming an EV-only brand by 2030.
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The final quarter of this year could be especially challenging, since the federal EVs tax credit is scheduled to end, likely making both new and used electric models less accessible to many buyers.
Read: Cadillac Is About To Lose $7,500 Per EV And Still Isn’t Backing Down
GM’s flagship brand has undergone a dramatic transformation over the past couple of years. It first launched the all-electric Lyriq SUV and more recently, it’s been followed up by the electric Optiq and the three-row Vistiq. Additionally, Cadillac wants to once again become the ‘Standard of the World’ with the Celestiq. It has also launched two electric versions of the Escalade, known as the IQ and IQL.
Flexibility in a Shifting Market
Even with these investments, Cadillac is approaching the market with cautious adaptability. According to global Cadillac vice president John Roth, the brand is staying open to adjusting its powertrain strategy as needed.
“It’s really important in this continuously evolving marketplace to make sure that you’re meeting customers where they are,” he said. “The auto industry is never a straight line, and so to put absolutes in the marketplace, you’ve got to have some flexibility to pivot when it makes sense to do so.”
As Auto News pointed out, more manufacturers are acknowledging that both gasoline and electric models need to be available side by side, with consumers ultimately setting the pace for the transition. Roth confirmed that GM is actively working on plans for the fourth quarter to prepare for the end of the tax credit.
A Shrinking Gas-Powered Lineup
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While Cadillac has grown its fleet of EVs, its range of ICE models has shrunk dramatically. The company recently halted production of the XT4, and the XT6 is set to follow later this year.
The XT5 is expected to remain in the lineup only through 2027. Meanwhile, the factory that currently produces the CT4 and CT5 sedans is being converted to focus exclusively on EVs. This shift could eventually leave the Escalade as the last gas-powered Cadillac standing.
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