Season 1 Episode 287
Bitcoin breaks through the $100,000 threshold, pushing mining stocks significantly higher as the market demonstrates strong momentum across both Bitcoin and altcoins.
• Bitdeer leading mining stock gains, up nearly 19% as they advance their Seal Miner technology
• Hut 8 earnings show net loss of $134.3 million due to Bitcoin holdings valuation, but reveal 2.6 gigawatts of exclusive power capacity
• Core Scientific on track for 250 megawatts of billable capacity to CoreWeave bringing $360 million annual run rate
• CoreWeave partnership delivers 75-80% net profit margins on a 10-year, $10 billion contract
• Coinbase acquires Deribit for $2.9 billion, the largest M&A activity in crypto history
• Arizona signs modified Bitcoin reserve bill using funds from confiscated assets
• New Hampshire becomes the first state to formally adopt a Bitcoin strategic reserve
Go to compassminingio to learn more about Bitcoin mining hosting solutions for individuals and businesses.
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Published on 7 months, 3 weeks ago
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