Mining

Two major Bitcoin miners, MARA Holdings and Core Scientific, are shifting strategies to sell portions of their bitcoin holdings as they pivot toward AI and high-performance computing operations.

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

A solo miner turned $75 in rented hashpower into a $200,000 Bitcoin block reward, defying steep odds in a rare, lottery-like win.

Arkham says UAE royal-linked bitcoin miners are holding 6,782 BTC worth $453.6 million, sitting on an estimated $344 million unrealized profit while largely keeping their stash untouched.

American Bitcoin (ABTC) has pushed its Bitcoin reserves past 6,000 BTC.

Morgan Stanley initiated coverage on Cipher Mining and TeraWulf with Overweight ratings while downgrading Marathon to Underweight.

Bitcoin miner Cango said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million.

It looks like Bhutan sold $22.4 million in Bitcoin this week, continuing its pattern of periodic, strategic BTC sales.

Tether has unveiled MiningOS (MOS) as part of a broader push to reduce the industry’s reliance on proprietary, vendor-controlled software.

Russia wants to introduce its first regulatory framework for crypto like Bitcoin, with lawmakers aiming to finalize the draft for a parliamentary vote by the end of June.