Jun 20, 2026 · 10:02 AM
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Elroy Fernandes

Elroy is a digital marketer and developer from Goa, with over a decade of experience web development and marketing. He has been associated with several startups and serves currently as an Editor to the Asia Pacific Industrial magazine. He occasionally writes on Startup Fortune about technology and automation.
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Nearly half of the 80000 tech jobs cut in early 2026 were eliminated because of AI
Elroy Fernandes ·
Nearly half of the 80000 tech jobs cut in early 2026 were eliminated because of AI
Nearly 80,000 technology workers lost their jobs in the first quarter of 2026, with roughly half of those cuts directly attributed to AI displacement rather than economic correction. The reductions span legacy firms and mature startups alike, as companies structurally replace operational teams with generative AI systems. Investors have rewarded the announcements, reinforcing the incentive for peers to follow suit.


Elroy Fernandes ·
Strategy Nears 800,000 BTC as Saylor Doubles Down
Strategy purchased $2 billion in Bitcoin over 11 days, pushing its holdings near 800,000 BTC. The company's new STRC preferred stock creates a self-reinforcing capital engine for accumulation.


Elroy Fernandes ·
SpaceX IPO Could Send Shockwaves Through Crypto Markets
SpaceX holds over $600 million in Bitcoin ahead of its $1.75 trillion IPO. The offering could reshape crypto liquidity, validate BTC as a treasury asset, and pull retail capital between markets.

Owning one whole bitcoin has become the quiet milestone redefining how retail investors think about wealth
Elroy Fernandes ·
Owning one whole bitcoin has become the quiet milestone redefining how retail investors think about wealth
A viral wave of social media posts celebrating full bitcoin ownership has become a cultural milestone in crypto communities, reflecting years of patient accumulation by retail investors. The trend signals growing grassroots conviction and a shift in how everyday savers relate to bitcoin as a long-term store of value. At current price levels, the achievement carries real financial weight , and real implications for market structure.








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