Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash
Bitcoin mining machine manufacturer Canaan has opened a new funding channel for share…
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Mining
Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent
Bitcoin miner Cipher Digital sold 1,619 Bitcoin for $123.4 million and booked $47.7…
American Bitcoin holds 8,002 BTC, but 40% is tied to Bitmain
American Bitcoin mined approximately 932 BTC and reported $67.015 million in revenue in…
CleanSpark revenue falls 30.5% as profit turns to loss
CleanSpark reported a 30.5% year-over-year revenue decline and a $497.2 million swing…
Bitcoin has 185 blocks left before BIP-110 rules begin rejecting blocks
Bitcoin nears the deadline for BIP-110, a proposed temporary soft fork that would…
Bitcoin collateral: MARA’s $600M Long Ridge financing
MARA Holdings sold 2,213 Bitcoin during the second quarter, equal to 91.37% of the…
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June…
Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end
Bitdeer secured a $4.7 billion AI lease but must complete a $500 million build before…
Hyperscale sells Bitcoin for AI business set to deliver less than 20% of 2027 revenue
Hyperscale Data expects revenue to reach as much as $350 million in 2027, although the…
IREN’s $625 million AI bet creates a $476 million stock overhang
Bitcoin miner IREN registered nearly 12 million shares issued in its acquisition of…