Bitcoin Miners Diverge: CleanSpark Amasses $1.6B in BTC as Rival Riot Sells – Wh...
CleanSpark has built one of the largest self-mined reserves and secured new credit lines, while Riot has monetized production and...
CleanSpark Increases Bitcoin Holdings to 13,011 BTC in September
TLDR CleanSpark increased its bitcoin holdings to 13,011 BTC, valued at $1.6 billion in September. The firm mined a total of 629 B...
CleanSpark's Bitcoin Stack Rose to More Than 13K in September
The bitcoin miner produced 629 bitcoin in September, and sold 445 tokens for about $49 million.
Canaan Inc. Secures $50K Bitcoin Mining Rig Order, Shares Surge 26%
TLDR Canaan Inc. secured a 50,000-unit order for its Avalon A15 Pro mining rigs from a U.S.-based buyer. The sale represents Canaa...
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
Coinbase Provides $100 Million BTC-Backed Financing To Miner CleanSpark
CleanSpark secured a $100M BTC-backed credit line from Coinbase Prime to fund energy expansion, mining capacity and high-performan...
CleanSpark Shares Rise After Getting $100M Bitcoin-Backed Credit From Coinbase P...
The credit facility allows CleanSpark to leverage its bitcoin holdings to fund expansion without selling the asset.
CleanSpark’s Stock Jumps 6% After Securing $100M Bitcoin Credit Line
TLDR CleanSpark’s stock rose by 6% in after-hours trading following the announcement of a $100M Bitcoin-backed credit line with Co...
Bitcoin Mining Profitability Fell in August, Jefferies Says
U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.
Bitcoin Mining Faces 'Incredibly Difficult' Market as Power Becomes the Real Cur...
Executives at Jackson Hole’s SALT conference said the old boom-and-bust halving rhythm is breaking down, with survival now tied to...