#BLACKPINK# WORLD TOUR [BORN PINK] IN CINEMAS PINK CARPET & PINKSTAGE GREETING ▶️ #블랙핑크# #BORNPINK_INCINEMAS# #BLACKPINK8THANNIVERSARY# #OUR_AREA# #8YEARSWITHBLINKS# #YG#

Yesterday, #Alberta# Ministers @dtloewen and @DaleNally_AB, alongside Fox Creek Mayor Shelia Gilmour and Greenview Reeve Ryan Ratzlaff, participated in the official ground-breaking ceremony of our first facility in Canada🇨🇦, alongside @Bitdeer's leadership team. Set to energize in Q2 2027, #Bitdeer# Fox Creek pairs a natural gas power plant with a 100MW #datacenter# designed to support #BitcoinMining# and future #AI# workloads. "Bitdeer’s Fox Creek facility is a signal example of the kind of investment our regulatory clarity and pro-business environment are designed to attract," said Dale Nally, Minister of Service Alberta and Red Tape Reduction. Todd Loewen, Minister of Forestry and Parks, added: "This project means construction work, permanent jobs, and procurement opportunities, adding an exciting new industry alongside the resources sector that has long defined our area." 👉 Read More: $BTDR #DigitalInfrastructure# #Bitcoin# #Sustainability# #newfacility#

Q4 Shareholder Update → — Highlights 2025 marked a critical year for Tesla as we further expanded our mission & continued our transition from a hardware-centric business to a physical AI company. We also laid the foundation for the future of Tesla by further advancing FSD Supervised, launching our Robotaxi service, beginning to install production lines for Cybercab & fine-tuned our production-primed Optimus design while expanding our AI training infrastructure. In 2026, we will further invest in the infrastructure needed to support clean energy + transport as well as autonomous robots. This includes the ramp of 6 new production lines across vehicle, robots, energy storage & battery manufacturing. We're building a world of amazing abundance. LFG! Automotive – APAC region continues to show strength across multiple markets & set a record for deliveries this quarter – Preparations in North America continue for the production ramps of Tesla Semi & Cybercab, both commencing in the first half of 2026 & production of the next gen Roadster Energy generation + storage – Highest quarterly energy storage deployments, driven by record Megapack deployments – Total gross profit = $1.1 billion, marking our 5th consecutive record quarter! – Megapack 3 & Megablock production starting at Megafactory Houston this year – In 2025, Powerwall network supported more than 89k Virtual Power Plant events across >1 million installed units, saving homeowners >$1 billion in electricity bills Robotics – Planning to unveil Optimus Gen 3 in Q1 this year, our first design meant for mass production – Start of production planned by end of 2026, with eventual planned capacity of 1 million robots/year AI Training Compute – Currently building Cortex 2 at Giga Texas to further increase our AI training compute capacity – In the first half of 2026, we're planning to more than double the size of onsite compute in Texas (in terms of H100 equivalents) Battery – Our lithium refinery started pilot production. It is the first spodumene to lithium hydroxide refinery in North America, with a simpler, cheaper & more environmentally friendly process – Started producing battery packs for certain Model Ys with our 4680 cells, unlocking an additional vector of supply – We now produce dry electrode for 4680 cells with both anode + cathode made in Austin – We expect both domestic cathode material in Austin & LFP lines in Nevada to begin production this year AI Software – Shipped latest version of FSD Supervised (V14), which will drive you to your destination, find a free spot & park AI Inference Compute – Development of our in-house, custom designed AI5 & AI6 inference chips for autonomy progressed during Q4, with production planned for 2027 & 2028 respectively – Targeting a 50x improvement for AI5 compared to AI4, thanks to 10x raw compute, 9x memory capacity & 5x hardened block quantization & softmax function (= enabling efficient low precision computing without sacrificing model accuracy) Automotive + Other Software – Robotaxi app no longer has a waitlist in the areas we serve – Our vehicles keep getting better with over-the-air software updates: Grok w/ navigation commands, Photobooth, Supercharger Site Maps, Automatic HOV Routing, & more Robotaxi – Began testing driverless Robotaxis in Austin in December & began removing safety monitor from customer rides in January – Our Bay Area ridehailing service now serves SJC, with plans to expand to other Bay Area airports upon receiving required permitting – Cumulative paid Robotaxi miles have now exceeded 600k FSD Supervised – Launched in Korea, where customers drove >1 million kilometers in just one month – We continue to pursue regulatory approval in China & Europe – FSD Supervised subscriptions more than doubled in 2025

I hadn’t read the Declaration of Independence since high school history class. Ah, yes, history class! In fact we had American history throughout the tenth grade, then world history during our junior year. When I listen to the TikTok crowd spew the nonsense they champion today, I think how easily their knuckle-headed thinking could have been cured with a few good history classes. Alas, I don’t see much hope for the future, as long as the teachers in our urban areas are in the clutches of politicians and unions with a far different agenda from real education. Now rereading the document for the first time in decades (shame on me for taking so long), I had forgotten that the bulk of the text is a list of grievances suffered by the American colonists at the hands of the king and various elements under his tyrannical regime. What has truly stunned me these 250 years later, however, is how familiar these grievances feel in our contemporary situation. Let’s take a peek at the exact text, and see if anything feels uncomfortably close to home (the “He” refers to King George, of course, and I will use the original spelling and punctuation): “He has refused to Assent to Laws” Hmm, every “sanctuary state” governor today for starters… “He has made Judges dependent of his Will alone” Hmm, activist judges anybody? “He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people” Hmm, 87,000 new armed IRS agents. Ring a bell? “For imposing Taxes on us without our Consent” Hmm, ever looked at your tax bill? “…transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny…” Hmm, thirty million military-age males pouring across our open borders from 2020 to 2024… “He has excited domestic insurrections amongst us” Hmm, BLM and Antifa riots… SHORT VERSION: LEAVE US ALONE! The very essence of the Declaration of Independence is a concerted celebration of God’s gift of our “unalienable” right to “Life, Liberty, and the pursuit of Happiness.” It was argued, researched, debated yet again, drafted by Jefferson, then edited by Adams, Franklin, and others. Together the bravest men stood together against the storm of tyranny and gambled it all. As I reread it today, I literally shed tears at those miraculous words: “And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortune and our sacred Honor.” And then, of course, there were those who shed more than tears. They shed their blood, watched their homes burn, and too many gave the ultimate sacrifice. Whether they formed local militias or joined the Continental Army, colonists now dedicated to the cause, gambled their very lives. One of those Americans was my ninth generation ancestor. He fought in one of the most consequential battles of the American Revolution, the Battle of Cowpens. I am forever honored that his blood runs in my veins. I know that this will be a joyful and glorious weekend for all of you, God willing. It should also be, if I may presume to say, a solemn one as well. The sacrifices made by simple men and women those many years ago have made these precious rights and this glorious day possible. Take a moment and honor them in your heart. I know I will.

We’ve had lots of questions from our investor community looking for thoughts on OUSD, and so I thought I’d share my direct views here for anyone. Stablecoin networks are platform and network effect businesses that are established over a long period of time, tend towards winner-take-most market structures, and resemble other internet platform utility markets. There are several layers that drive this. First, stablecoin networks effectively act as public protocols and software layers on the internet and their network strength is a matter of the number and range of applications and services that integrate to the network. Every time a developer or service provider integrates to the network, it brings more network effects. This attracts more developers and adds more utility and more network effects. This then drives demand for the digital currency itself, which then reinforces these network effects through liquidity network effects. We have realized this at a massive scale with the USDC network today — thousands upon thousands of services integrate with our network, which in turn provides immense utility not just to each application, but to users as a whole who benefit massively from the reach and interoperability that exists. This drives user and developer preference further. We’ve invested in building that ecosystem over nearly a decade, and now it’s accelerating as mainstream institutions come onto the network, connecting their customers and users. We add to that utility by building software stacks that further expand and strengthen the network — protocols like CCTP and Gateway, which promote interoperability, safety and liquidity around the world. This expands the target surface area for app builders and developers, making it easy for them to tap into the liquidity and network effects that already exist. We are now seeing that stack get pulled into all kinds of chains, permissioned L2s, networks being built by governments, and so much more. The second layer is that of liquidity network effects. This is fundamental. Liquidity begets liquidity. For a stablecoin to achieve scale and utility, it needs to be highly liquid, both on a primary basis (e.g., through all the major financial market centers in the world, with world class direct banking liquidity) and on a secondary basis both by being available and tradeable for retail and institutional clients in every geography and against every fiat instrument in the world. People who want to access and move value need to be able to easily get in and out of that digital currency. Here, we’ve invested nearly a decade in building out that liquidity, and it is now entrenched in exchanges, DeFI venues, and with PSPs, payments firms, regional exchanges, and so many others. Establishing these liquidity network effects also involves building global regulatory infrastructure and ensuring that the stablecoin is available under various regimes around the world. Today, USDC is in the top 3 most liquid digital assets in the world, and it falls off sharply after that. BTC, USDT and USDC have extraordinary liquidity. The closest other dollar stables are like 10x smaller and that liquidity tends to be concentrated in promotional books in a single exchange, whereas USDC liquidity is dispersed widely across dozens and dozens of surfaces. Building this liquidity has been a nearly decade-long task that we continue. A third layer of network strength comes from the deep integration with the policy and regulatory environment — in many cases, years of effort to build licensing (e.g., USDC is the only large global stablecoin currently available in all of Europe or Japan), and more regimes for stablecoins are coming online, with Circle leading the way in ensuring that USDC is officially recognized, registered, licensed and accepted in the most important markets in the world. On the back of this is the work of building global banking, reserve management and treasury and liquidity management that can operate this on a nearly 24/7 basis in markets and banking systems globally. This globalization effort is a massive investment that we have made over the years. All of these investments by Circle and our global ecosystem of thousands of partners have delivered the net result of providing the world’s most trusted and available digital dollar infrastructure—a utility that any user, developer, or business can freely and easily tap into. And we do not intend to slow down. All of this compounds and shows in the numbers. In Q1 2026, according to third-party analysts (Artemis) who track stablecoin adoption, USDC handled nearly $30T in onchain transactions, representing 80% of all dollar stablecoin transactions on blockchains. USDT handled the remaining 20% of transactions. All of the combined remaining dollar stablecoins handled a total of 0% of transactions (i.e., < 0.5%). While other stablecoins may have some circulation, most of that is through promotions and incentives, the actual usage is extremely limited—because of the extremely limited liquidity and network utility that exists for these coins. But my thoughts on the competitive landscape are not just about the strength of our network—there are also considerations around any new initiative. Several perspectives and positioning have been shared about how something like OUSD improves on something like USDC. 1) Free mint and burn. The argument suggests that existing stablecoins charge burn fees, and payments firms should not need to pay these (despite the fact that the entire payment industry is built on small bps fees on various ingress and egress points on their networks). There are structural market realities built around the fact that some stablecoins impose very large redemption fees and have limited redemption facilities – the impact of this is that stablecoins with strong redemption facilities, good liquidity and no fees become the offramp for their competitor stablecoins. It may seem easy to say one will offer unlimited and free redeems, however market reality likely forces other behavior. This can be addressed – and is addressed by Circle – through contractual mechanisms vs. a blanket fee exemption. 2) Everybody wins and shares. While this sounds good in principle, the reality of the market and market opportunity is quite different. Today, Circle shares the majority of its income with its distribution partners, and we continue to lean hard into expanding those partnerships with leading companies across every sector of the market. However, we also retain significant income that allows us to invest in the massive market infrastructure that makes this such a powerful and valuable utility for the world to build on. Giving away all the income is a recipe for starving an infrastructure, systematically underinvesting and ensuring that your platform will remain limited in scope. Furthermore, Circle believes that the future stablecoin market is likely several orders of magnitude larger than it is today. We’re actively bringing partners into the USDC ecosystem through a diverse and growing set of partnership models that span our work with exchanges, custodians, payments firms, asset issuers and more. We are excited to continue to build with a “big tent mentality” where the entire ecosystem can grow value together. 3) A consortium where everybody has a voice. Perhaps I have a cynical view, but the track record of consortium products achieving scale, P/M Fit or even basic product agility is absolutely dismal, and while there are examples of financial consortia that operate utilities, they are predictably slow moving. Large groups of large companies coordinate poorly, have misaligned incentives, slow things down and rarely create the space for real durable innovation and competitiveness. They also typically, out of their own self-interest, starve the consortium itself on an operating basis. We actually tried this in the early days of USDC, and even with a very small group, ran into endless challenges and complexity. Smaller, tighter strategic collaborations and commercial partnership arrangements with product and platform builders that can drive forward independently will almost always outcompete large consortiums. But oftentimes when these get formed, everyone feels like they should put their logo on the list, kiss the ring, and make noise about openness. But typically those same firms will turn to their operating units and make the best decisions for their customers, which often means partnering with the market leader and building durable win-win partnerships. There’s also been a bunch of commentary on Circle's partnership with Coinbase and what this all means. Our stablecoin partnership with Coinbase remains as strong as ever, and I think we both see that enormous opportunity ahead to expand the USDC network. A final comment: Circle remains committed to supporting a wide range of different products and infrastructures, even when we might compete with different aspects of those partners’ products in other areas of our business. With OUSD, we work closely with many of the founding members, and we expect that those same members will remain large USDC partners and customers. At the same time, as Circle has diversified our product and platform stack, expanding across Arc, CCTP, CPN, StableFX, Agent Stack and many other areas, we continue to expand the partnerships and collaboration with many other stablecoin issuers — dozens of them — to help them launch on Arc, leverage our interoperability infrastructure, get supported in our Wallets and become settlement and FX options on CPN and StableFX. We are huge believers in growth in the stablecoin ecosystem and welcome OUSD as a new member of the community!

Met President Volodymyr Zelenskyy in Evian. In recent times, India and Ukraine have been engaging extensively. This has been reflected in different areas of our cooperation. Our talks today were about reviewing different aspects of our cooperation. We both agree that trade ties need to be restored to what they were in the pre-war time. Also reiterated that India will always be on the side of peace, placing the values of humanity over everything else. @ZelenskyyUa @G7

Thank you so much for all the feedback on the Grok Build Beta. Some of you reported hitting limits quickly. Our team found areas to improve caching, so we've reset Grok Build usage limits for all accounts. Please keep sharing feedback - the team is here to help.