Quick Breakdown: American Bitcoin, backed by ., to debut on Nasdaq under ticker ABTC in September after merger with Gryphon Digital Mining. Company secures institutional investors; Trump brothers and Hut 8 will control 98% of the entity. Expansion plans...
Quick Breakdown Expansion: Hut 8 to add 1.5 GW across Texas, Louisiana, Illinois. Market Impact: Stock jumps 10.5% on Nasdaq after announcement. Industry Context: U.S. miners control 75.4% of global hashrate, with over 31,000 jobs created in 2024. Hut...
Quick Breakdown: Metaplanet issued 27.5M new shares, raising about $175M from warrant exercises between Aug 14–26. The company redeemed $35M of its 19th series bonds early, funded by proceeds from equity issuance. Funds are directed toward Bitcoin accumulation and...
Quick Breakdown UAE’s $700M Bitcoin stash comes from mining via Citadel Mining, not from seizures. Rumors overstated holdings, which were speculated at 420,000 BTC but confirmed at 6,300 BTC. Ranks 6th globally, behind Bhutan and ahead of El Salvador...
Quick Breakdown The file reports on Sequans Communications' filing of a $200 million equity offering aimed at expanding its Bitcoin holdings. The company plans to use funds raised through an "at the market" equity programme to buy Bitcoin as...
Bitcoin’s sluggish price momentum this cycle may be linked to early investors cashing out, according to Bitcoiner Willy Woo, who warns that it now requires over $110,000 in new capital to absorb every Bitcoin sold by these long-time holders....
Metaplanet Inc. has strengthened its Bitcoin treasury strategy with the acquisition of an additional 103 BTC, valued at ¥1.736 billion. The latest purchase was made at an average price of ¥16.85 million per Bitcoin, raising the company’s total holdings...
On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets. According to CryptoQuant, Bitcoin’s exchange reserves remain steady at...
Coinbase CEO Brian Armstrong has joined the growing list of crypto executives forecasting Bitcoin to hit $1 million by 2030, even as the cryptocurrency struggles to hold recent highs. Speaking on the Cheeky Pint podcast with Stripe co-founder John...
Bitcoin’s record-breaking rally is losing momentum as new capital inflows slow, according to on-chain analytics firm Glassnode. After reaching an all-time high of $124,400 last week, the cryptocurrency has fallen 9.2 per cent to $112,900, with weaker realized cap...
