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NEWS

American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million

Micah Zimmerman -
American Bitcoin swung to about $126 million in third-quarter net income after a $197.3 million gain on its bitcoin holdings, reversing a $57.2 million loss in the prior quarter.
MARKETS

Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal

Mathew Di Salvo -
Bitcoin miner Hut 8's stock will soar due to its AI ambitions, according to investment bank Benchmark.
NEWS

Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal

Mathew Di Salvo -
Bitcoin miner Hut 8 has said it signed a second 15-year lease ​worth $9.8 billion for its AI data center. 
MARKETS

Bitcoin Miner Hut 8 Secures Google-Backed Deal to Build Up to 2.3 GW of AI Capacity

Micah Zimmerman -
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.
NEWS

Hut 8 Posts $134M Q1 Loss Amid Strategic Shift Toward Energy Infrastructure and Bitcoin Mining

Jenna Montgomery -
Hut 8 Corp. (Nasdaq | TSX: HUT) reported a Q1 2025 net loss of $134.3 million, marking a turbulent start to the year as...
BUSINESS

Hut 8 and BITMAIN To Launch Next-Generation ASIC Bitcoin Miner with Liquid-to-Chip Cooling

Nik -
These mining giants join forces to release the U3S21EXPH, a next-generation ASIC miner featuring advanced liquid-to-chip cooling technology.
MARKETS

Public Miners Are Outperforming Bitcoin

Dylan Leclair And Sam Rule -
Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more impressive gains than the asset itself.
BUSINESS

Bitcoin Mining Firms Hut 8 and US Bitcoin Corp. Announce Merger

BtcCasey -
The merged company will have access to 825 MW energy, including infrastructure operations with renewable and zero-emission energy sources.
BUSINESS

Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes

BtcCasey -
The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.
BUSINESS

Public Bitcoin Miners Fight For Survival

Dylan Leclair And Sam Rule -
Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time.
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