CleanSpark Increases Its Revenue by 120%
TL;DR CleanSpark closed the quarter with $162.3 million in revenue, a 120% increase from the previous year, and a net income of $246.8 million. It...
Tag : bitcoin
Missouri Takes a Bold Step Forward with a State Bitcoin Fund
TL;DR Missouri is on track to become one of the first U.S. states to adopt Bitcoin as part of its official financial strategy. Representative Ben...
Bitdeer Expands Its Reach: Acquires Energy Project in Canada for Bitcoin Mining
TL;DR Bitdeer has acquired a 101-megawatt energy project in Alberta, Canada, for $21.7 million, with the potential to expand up to 1 GW. The company...
Ethereum at Its Lowest Point Against Bitcoin: Opportunity or Warning?
TL;DR The ETH/BTC ratio has dropped to 0.027, its lowest level in over four years, due to institutional preference for Bitcoin ETFs. Ethereum has lost...
El Salvador Accelerates Its Bitcoin Accumulation and Challenges the IMF
TL;DR El Salvador has purchased 2 additional BTC in a single day, raising its reserves to 6,055 BTC, valued at over $612 million, strengthening its...
Bitfinex Securities Debuts Bitcoin Mining Notes with 10% Annual Yield for Investors
TL;DR Tokenized Bitcoin Mining Notes Launched: Bitfinex Securities introduces Bitcoin Mining Notes (BMN), offering a 10% annual yield over 36 months. Priced in USDT, the tokenized product...
Illinois Leads The Crypto Revolution: Proposing A Strategic Bitcoin Reserve In Its State Treasury
TL;DR Illinois introduced Bill HB1844 to establish a strategic Bitcoin reserve as an innovative tool within its state treasury. Arizona and Texas are also advancing...
South Dakota Proposes a “Strategic Bitcoin Fund” for State Reserves
TL;DR A new bill seeks to include Bitcoin in state reserves, positioning South Dakota as a leader in financial innovation. The measure aims to protect...
Bitcoin Drops: Liquidations at a Loss and More Bearish Positions
TL;DR On Monday, Bitcoin fell 4.7%, particularly affecting short-term investors, who sent over 21,000 BTC to exchanges, suggesting a liquidation at a loss. Short-term investors,...
Metaplanet Announces $745 Million Bitcoin Investment Strategy
TL;DR Metaplanet launches $745M Bitcoin strategy: Plans to raise 116B yen via 0% discount warrants to expand Bitcoin holdings, aiming to become a top global...