CleanSpark Inc., a publicly traded Bitcoin mining company, mined 668 Bitcoin in December 2024. The company sold 12.65 Bitcoin during the same period at an average price of $101,246 per Bitcoin (BTC). By year-end, CleanSpark held 9,952 Bitcoin in its…
According to a recent Clear Street report, Bitcoin miners are pursuing yield strategies for their BTC holdings and diversifying into AI compute. The report, titled ‘BTC Mining: 2025’s Key Themes Emerge,‘ outlines three themes for 2025: generating revenue on bitcoin…
Abu Dhabi-listed Phoenix Group deepens its U.S. footprint with the opening of a 50 MW crypto mining site in North Dakota. Phoenix Group has opened a 50 MW crypto mining facility in North Dakota, as the Abu Dhabi-based firm doubles…
President-elect Donald Trump’s administration intends to appoint around 24 CEOs and founders to his proposed crypto advisory council, according to Bloomberg. The council will likely provide guidance on digital asset policy and work with Congress to draft crypto legislation. It…
Bitcoin mining has become a major industry in the United States, with American miners currently contributing around 40% of the global Bitcoin mining hashrate. But could Donald Trump’s return to the White House make the US the sole hub for…
Bitcoin mining is a big business in the U.S.—but how big? And will Donald Trump’s return to the White House make a difference? The President-elect last year said—along with plenty of other pro-crypto pledges—that he wanted all remaining coins to…
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) The bitcoin (BTC) development company MicroStrategy (MSTR) is one of the most volatile and traded equities on the market. Volatility within an equity can be beneficial as it…
This year is expected to be a game changer in terms of acceptance and adoption of bitcoin (BTC), the world’s largest cryptocurrency, Fidelity Digital Assets said in a research report Tuesday. “We anticipate more nation-states, central banks, sovereign wealth funds,…
Layer-1 blockchain MANTRA announced on Thursday a $1 billion partnership with the UAE-based DAMAC Group to tokenize real-world assets (RWA) in the Middle East. DAMAC Group plans to tokenize assets worth $1 billion using the MANTRA blockchain. “This partnership with…
The top Brazilian financial regulator has announced a plan to reform the nation’s crypto tax laws. In an official release from the Receita Federal (RF), the regulator said it would change the way it taxes crypto trading profits in “the…