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
Riot Platforms
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BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time. Go to Source
Hive Digital moves HQ to Texas citing supportive climate under Trump
Bitcoin miner Hive Digital will move its headquarters from Vancouver to Texas, saying Trump will make Bitcoin mining great again. Go to Source
CleanSpark to raise $550M via bond, not buy BTC with proceeds
CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds. Go to Source
Riot Platforms buys more than $500M in Bitcoin
The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value. Go to Source
Starboard Value takes stake in Riot Platforms, eyes AI shift
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. Go to Source
Bitcoin ASIC maker Bitmain expands production line into US
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
Riot Platforms raising $500M to buy Bitcoin amid price surge
If it follows through with its proposal, Riot Platforms will join many of its colleagues in paying top prices for BTC. Go to Source
Marathon, Riot record highest monthly BTC production since April halving
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October. Go to Source
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under the firm’s control. Go to Source
