American Bitcoin Corp. (Nasdaq: ABTC), a Trump family-linked mining company based in Miami, reported a $59 million fourth-quarter net loss after a 23% drop in bitcoin’s price triggered a $227 million non-cash mark-to-market charge
Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.
FutureBit launched the Apollo III today, a new home Bitcoin mining system combining a high-performance miner and a full Bitcoin node in a single desktop device.
A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income.
Hut 8 secured a Google-backed partnership with Anthropic and Fluidstack to build up to 2.3 gigawatts of AI data center capacity in the U.S., sending its shares sharply higher.