Germany’s Northern Data plans a U.S. IPO in 2025, potentially valuing its AI cloud and data center businesses at $10-$16 billion. This strategic move follows their partnership with Tether on AI and data solutions. #CryptoNews #Update
Bitcoin miners are cutting investments after hash price hit an all-time low post-halving. Exploring other PoW cryptos for stability, miners show adaptability. $BTC finds support at $58K-$60K; potential downside to $50K could attract institutional interest. #Update
BTC miner capitulation may be ending, with on-chain data showing a significant drop in miners’ OTC BTC selling. Reduced selling pressure hints at potential market recovery, with BTC trading at $61,357.47 (+0.96%). #Bitcoin #Update
An early Bitcoin miner, inactive for 14 years, moved $3M worth of $BTC to @binance on June 27, 2024. This rare “Satoshi era” address highlights Bitcoin’s long-term viability and trust in current market conditions. #Update
A Satoshi-era solo miner has moved 50 BTC ($3.03M) to Binance after 14 years of inactivity, highlighting Bitcoin’s enduring value and potential. This transfer may affect market dynamics by adding substantial liquidity. #Bitcoin $BTC #Update
A Satoshi-era miner wallet activated after 14 years, moving 50 BTC to Binance amidst ongoing miner capitulation. Bitcoin’s price has dropped 10.95% monthly and 6.77% weekly, now at $60,920.46. #Update #Bitcoin $BTC
Riot Platforms withdraws its $2.30/share bid for Bitfarms ($BITF), now seeking three board seats to facilitate acquisition talks. Riot, owning nearly 15% of Bitfarms, calls for a shareholder vote to remove current board members. $RIOT #Update
? Bitcoin mining giant @Hut8Mining secures $150M from Coatue to boost AI infrastructure, aiming for market leadership. Funding via convertible notes supports data center expansion amid rising demand. Notable 32% revenue increase to $60.6M. #AI #Update
CleanSpark acquires five bitcoin mining centers in Georgia for $28.5M, boosting capacity by 60 MW. This move enhances its current hashrate by 3.7 EH/s and aligns with the goal of reaching 20 EH/s. In May, CleanSpark produced 417 BTC. #Update #CryptoNews
CleanSpark is set to acquire five Bitcoin mining sites in rural Georgia for $25.8M, boosting its hashrate to 3.7 EH/s. CEO Zach Bradford aims for a mid-year target of 20 EH/s despite current market challenges. #Bitcoin #Update
Greenpeace’s 2024 report urges Wall Street accountability for Bitcoin’s environmental impact. Bitcoin mining used 121 TWh electricity in 2023, akin to Poland’s consumption. Top financiers like @BlackRock emitted CO2 equal to 335,000 homes. #Bitcoin #Update
Bitfarms’ stock surged 15% after announcing a large mining site in Sharon, PA, boosting power to 648 MW by 2025. Riot Platforms holds 13.1% shares. #Bitcoin #CryptoNews
Donald Trump calls for U.S. Bitcoin mining dominance; Bitcoin mining stocks surge: TeraWulf +10%, Hut 8 Corp +10%, Riot +6.5%, CleanSpark +8.15%. #Bitcoin #CryptoNews
Indiana is emerging as a key U.S. cryptocurrency mining hub with $AMZN investing $11B. Affordable electricity and major investments could drive economic growth. #Cryptocurrency #Updates
