CleanSpark becomes fourth Bitcoin miner to hold 10,000 BTC
CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining Corp as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet. Go to Source
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CleanSpark joins MARA Holdings, Riot Platforms and Hut 8 Mining Corp as a major listed Bitcoin mining firm with 10,000 Bitcoin or more on its balance sheet. Go to Source
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time. Go to Source
MARA CEO Fred Thiel said Bitcoin has only fallen in three of the last 14 calendar years, which is why retail should consider buying Bitcoin and just let it appreciate in value. Go to Source
MicroStrategy’s Michael Saylor responded to MARA Holdings’ praise, suggesting the firm may be next among Bitcoin firms to join MicroStrategy on the Nasdaq 100. Go to Source
MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record. Go to Source
It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks. Go to Source
The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows. Go to Source
Mara Holdings has secured $1 billion through convertible notes for strategic debt management and aggressive Bitcoin investment. Go to Source
This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway. Go to Source
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%. Go to Source