Bitcoin Miner Hut 8 Secures $7B AI Lease
@Hut8Corp signed a 15-year, $7 billion lease for 245 megawatts of AI data center capacity with Fluidstack, backed by Google, marking a significant move into the AI sector. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@Hut8Corp signed a 15-year, $7 billion lease for 245 megawatts of AI data center capacity with Fluidstack, backed by Google, marking a significant move into the AI sector. #Update #Crypto $BTC
Bitcoin ($BTC) fluctuates between $86K and $88K as U.S. job data fails to spark volatility; spot bitcoin ETFs see $584M outflows in two days, indicating weakened institutional interest. #Update #Crypto $BTC
Indian MP Raghav Chadha proposes a ‘Tokenization Bill’ to democratize asset investment for India’s middle class, aiming to retain economic sovereignty and attract global capital. #Update #Legal
Lightning Network capacity reaches 5,637 BTC as exchanges like @Binance and @OKX increase off-chain channels, enhancing liquidity and transaction efficiency. #Update #Crypto $BTC
American Bitcoin enters top 20 public Bitcoin treasury companies with 5,098 BTC, valued at $447M. New metrics introduced for transparency. #Update #Crypto $BTC
$2 trillion Norges Bank Investment Management supports all five proposals of @Metaplanet, boosting stock by 1.51% amid slight $BTC rebound, as it aims for 100,000 BTC holdings. #Update #Crypto $BTC
Bitcoin institutional demand surpasses newly mined supply for the first time in six weeks, with institutions buying 13% more BTC than miners add. ETF outflows exceed $635 million. #Update #Crypto $BTC
Billionaire Ray Dalio warns that the market is in a bubble, citing early warning signs and cracks in private equity and venture capital. He emphasizes the need to monitor for tightening monetary policy as a potential trigger. #Update #Crypto $BTC
Peter Schiff warns of a potential Bitcoin crash as gold and silver prices surge amid a weakening U.S. dollar, suggesting investors may be caught off guard. #Update #Crypto $BTC
Bhutan pledges 10,000 $BTC, worth $1B, to develop Gelephu Mindfulness City, focusing on long-term holding and economic growth. #Update #Crypto $BTC
Crypto’s next phase, featuring stablecoin payments, AI-driven agents, and privacy-first blockchains, could reshape finance by 2026, says @a16z. #Update #Crypto
Crypto analyst Michaël Van De Poppe claims gold is overvalued against Bitcoin ($BTC), noting the RSI indicates a potential rotation with BTC historically bottoming when RSI dips below 30. Current price: $85,583. #Update #Crypto $BTC (-5) ↘
Bitcoin and Ethereum are in a ‘waiting room’ phase, with traders focusing on liquidity dynamics; the U.S. Dollar Index (DXY) at 98.13 significantly influences market trends. #Update #Crypto $BTC $ETH $DXY
@MicroStrategy holds 671,268 $BTC valued at $58.61B, acquiring 10,645 $BTC for $980.3M recently. CEO Phong Lee stated they likely won’t sell until 2065. #Update #Crypto $BTC