@Meta and @Microsoft report strong AI-focused earnings, prompting bitcoin miners like Iren and Cipher Mining to pivot towards AI services, boosting their stock prices significantly. #Update #Crypto $CIFR $IREN
Bitcoin miners like IREN and Cipher Mining surged over 12% as AI firm Anthropic raises up to $20 billion, boosting interest in AI-linked tokens like $NEAR. #Update #Crypto $NEAR
Nvidia’s @JensenHuang announced the Vera Rubin platform is in full production, enhancing AI efficiency, impacting bitcoin miners who pivot to AI hosting for stable cash flows. #Update #Crypto $BTC
Bitcoin miner @Bitfarms is selling its Paraguay site to Sympatheia Power Fund for up to $30M, aiming to reinvest in North American operations. BITF shares rose 4% amid BTC nearing $90K. #Update #Crypto $BITF
@KBW upgraded @TeraWulf (WULF) to “outperform,” raising the price target to $24, citing a shift from $BTC mining to AI and HPC leasing as a growth catalyst. #Update #Crypto $WULF
@Sberbank issues Russia’s first bitcoin-backed loan to miner Intelion Data, signaling potential for future crypto loans. The bank utilized its Rutoken custody product for collateral. #Update #Crypto $BTC
Bitcoin miners continue to demand significant power, driving M&A activity despite AI market concerns. Hut 8 shares surged 20% after a $7 billion lease with Fluidstack. #Update #Crypto $BTC
@Bank of America projects strong global growth through 2026, driven by AI investment, with Bitcoin miners benefiting from increased demand for computing power; however, volatility risks remain. #Update #Crypto $BTC
A lone Bitcoin miner with 6 TH/s solved a block, earning 3.146 BTC and fees totaling nearly $265K, despite having a 1 in 180 million chance of success. #Update #Crypto $BTC
@AmericanBitcoin reports Q3 profit of $3.47M, up from a $576K loss; revenue surged to $64.2M, doubling year-over-year as mining capacity expanded 2.5x to 25 EH/s. #Update #Crypto $BTC
Bitcoin mining faces challenges with rising competition, energy costs, and shrinking profits, warns @FredThiel of MARA Holdings. Miners must secure low-cost energy or pivot to survive before the 2028 halving. #Update #Crypto $BTC
@IREN reported record Q1 earnings with net income of $384.6M, driven by $232.9M from bitcoin mining and a $9.7B AI cloud contract with Microsoft. Shares slid 12%, up 2% pre-market. #Update #Crypto $BTC
The Bitcoin network hashrate fell to 1,030 EH/s in early October, down 5 EH/s from previous highs; U.S. miners’ market cap hit $79B, with daily revenue per EH/s rising 6%. #Update #Crypto $BTC
@Bitfarms surged 26% and @CipherMining climbed 20% as AI demand boosts crypto mining stocks; @OpenAI’s deal with Broadcom fuels optimism. $ETH treasury firm @BitMine bought 200K tokens worth $840M. #Update #Crypto $BITF $CIFR $ETH
