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Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain

Bitcoin.com
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain
Bitcoin mining
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From BitmainOn Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. Bitfufu’s Bold Move With Bitmain In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Nasdaq-listed Bitfufu shared […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet

Bitcoin.com
Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet
Bitcoin mining
Bitcoin Mining Revenue Outpaces November—And December Isn’t Over YetThough the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December with two days still on the clock. Bitcoin Ends the Year With Record Hashrate and Higher Revenue This uptick in revenue has been fueled by stronger bitcoin prices, but there’s a twist. The hashprice, which […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Coin Telegraph
Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024
2024

Many mining stocks are on track to close the year in the red, even with Bitcoin’s gains in 2024.

Bitcoin (BTC) is posting a 113% return in 2024 as of Dec. 24, yet most miners’ stocks have struggled to capitalize on the cryptocurrency’s gains, closing the year in the red.

According to data from the Hashrate Index and Google Finance, the majority of publicly listed miners are ending 2024 on the negative side of the charts, with declines as high as 84%.

Among the 25 listed miners in the Index, only seven companies are delivering gains for investors year-to-date. At the time of this writing, Bitdeer (BTDR) is soaring 167%, Cipher (CIFR) is gaining 33%, Hut 8 (HUT) is jumping 91%, Iris Energy (IREN) is rising 72%, Northern Data (NB2) is up 58%, Core Scientific (CORZQ) is climbing 327%, and TeraWulf (WULF) is at 169%.

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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Bitfarms: Rebound Overdue or Losing the Game?

Bitcoin.com
Bitfarms: Rebound Overdue or Losing the Game?
Bitcoin mining
Bitfarms: Rebound Overdue or Losing the Game?After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in! Bitfarms Faces a Crossroads The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Bitcoin Mining Giant MARA Gobbles Up $1,530,000,000 Worth of BTC As Fellow Miners Add to Crypto Treasuries

The Daily Hodl
Bitcoin Mining Giant MARA Gobbles Up ,530,000,000 Worth of BTC As Fellow Miners Add to Crypto Treasuries
Bitcoin
Bitcoin Mining Giant MARA Gobbles Up ,530,000,000 Worth of BTC As Fellow Miners Add to Crypto Treasuries

Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December. In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset. The Florida-based firm’s BTC […]

The post Bitcoin Mining Giant MARA Gobbles Up $1,530,000,000 Worth of BTC As Fellow Miners Add to Crypto Treasuries appeared first on The Daily Hodl.

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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant

Bitcoin.com
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
Bitcoin mining
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining GiantAccording to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot There’s a publicly listed Chinese car company called Cango that has shifted gears from automotive financing and car trading […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover

Bitcoin.com
Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover
Bitcoin mining
Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving HangoverThe 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Starboard Value takes stake in Riot Platforms, eyes AI shift

Coin Telegraph
Starboard Value takes stake in Riot Platforms, eyes AI shift
AI transition

The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have.

Activist investor Starboard Value has taken a “significant position” in Bitcoin miner Riot Platforms, The Wall Street Journal said. The financial details were not reported, but the news gave Riot a boost in stock price.

According to the newspaper’s unnamed sources, Starboard Value has been urging Riot to repurpose some of its Bitcoin (BTC) mining capacity for hyperscalers — large data center users — which have grown drastically in number due to the artificial intelligence boom.

The newspaper had seen a statement by Riot confirming that talks had taken place between the parties. It quoted Riot as saying:

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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

Bitcoin.com
Luxor Technology Signs 1.4 Million Deal With Bitcoin Mining Rig Maker Microbt
Bitcoin mining
Luxor Technology Signs 1.4 Million Deal With Bitcoin Mining Rig Maker MicrobtLuxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC […]
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GameStop adds Bitcoin to treasury following earnings beat

GameStop adds Bitcoin to treasury following earnings beat

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