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Trump-linked miner American Bitcoin going public via Gryphon merger
12.5.2025
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining firm Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
1.4.2025
The broker has a buy rating on the shares with a $23 price target
Trump sons back new Bitcoin mining venture with Hut 8
31.3.2025
Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm.Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American...
Trump sons back new Bitcoin mining venture with Hut 8
31.3.2025
Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm.Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American...
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
22.4.2024
The new Hut 8 (HUT), resulting from the merger with US Bitcoin Corporation (USBTC) that closed last November, features a diversified business model with multiple revenue streams, broker Benchmark said in a research report on Monday
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
12.4.2024
As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows that bitcoin miners are conserving their reserves...
Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
10.10.2023
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
28.8.2023
New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
14.8.2023
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2
Bitcoin miners still bullish despite toughest bear market yet - Hut8, Foundry, Braiins
21.7.2023
Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record
Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing
3.7.2023
Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand
100%: Public Bitcoin miners sold almost everything they mined in 2022
28.12.2022
Public Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again in what some hope is a bullish signal
Foundry Launches Bitcoin Mining Machine Marketplace, US Pool Becomes the World’s Largest Miner
9.12.2021
The firm Foundry Digital announced on Wednesday that the business has launched a bitcoin mining rig marketplace called Foundryx. According to Foundry, the company has access to more than 40,000 mining machines that are ready for resale. In addition to the marketplace launch, the company’s...
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
15.11.2021
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets...
Here's why Bitcoin mining stocks have been outperforming BTC price in 2021
28.9.2021
One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin's gains in the same period came out to be around 290%
Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B
30.12.2020
While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin...