crypto
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According to Reuters, Bitmain, Canaan and MicroBT—together controlling over 90 % of the global Bitcoin mining hardware market—have begun relocating parts of their production to the U.S. in order to avoid escalating tariffs introduced by the Trump administration. Per Reuters, Bitmain initiated U.S. assembly of its mining rigs in December 2024, shortly after Trump regained office.…
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Bitcoin’s exponential rise heightens optimism for funding ambitious projects like the proposed X-Seed 4000 mega-structure, with its unique energy dynamics potentially revolutionizing both economic and energy landscapes.
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According to Binance News and Cointime, California pension funds disclosed on May 16, 2025, a purchase of $276 million in MicroStrategy (MSTR) shares—a strategic move that provides Bitcoin exposure via equity holdings. Per Cryptopolitan and TheCryptoBasic, investments from at least two major California systems—CalSTRS and CalPERS—total 694,119 shares, representing a combined $276 million stake. Cryptopolitan notes public pension…
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Heritage Distilling Holding Co. (NASDAQ: CASK), a publicly traded whiskey producer valued at approximately $200 million, has announced it will begin accepting Bitcoin for product purchases and will hold the proceeds in its corporate treasury. Per the official announcement, Heritage is partnering with crypto-payment platforms to integrate Bitcoin directly into its consumer payment systems, marking…
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Economist Peter Schiff has publicly criticized Michael Saylor’s characterization of Bitcoin as “digital energy.” Schiff questioned the practicality of using Bitcoin to generate power, contrasting it with crude oil’s essential role in preventing mass starvation. Michael Saylor, Executive Chairman of MicroStrategy, has previously described Bitcoin as “digital energy,” suggesting that it conserves energy in cyberspace…
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Bitdeer Technologies Group (NASDAQ: BTDR), a leading technology company specializing in blockchain and high-performance computing, has announced plans to expand its Bitcoin mining operations into Ethiopia. The company has signed a Share Purchase Agreement (SPA) and a turnkey agreement to acquire and develop a 50-megawatt (MW) mining data center in the Oromia Region for $7.5…
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Digihost Technology Inc. has announced a $100 million at-the-market (ATM) equity offering in collaboration with A.G.P./Alliance Global Partners, signaling a major strategic push toward infrastructure growth. The funds are expected to support data center expansions and targeted acquisitions, reinforcing the company’s presence in the competitive Bitcoin mining and AI compute markets. The announcement, confirmed by…
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Bitmain’s upcoming Antminer S23 Hyd 3U is poised to debut in January 2026, delivering a peak hashrate of 1.16 PH/s for Bitcoin miners using the SHA-256 algorithm. The unit consumes 11020W of power and boasts an energy efficiency of 9.5 J/TH, placing it among the most efficient hydro-cooled models to date. Compact in a 3U…
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Per a U.S. SEC 13F filing, Abu Dhabi’s sovereign wealth fund Mubadala disclosed ownership of approximately 8.73 million shares in BlackRock’s iShares Bitcoin Trust (IBIT), valued at $408.5 million as of March 31, 2025. That figure represents a 6% increase from end‑2024 levels when Mubadala held 8.2 million shares valued around $436 million—a strategic upsizing into Bitcoin exposure via a regulated ETF…
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Iran has been exploring the use of cryptocurrencies, including Bitcoin, to facilitate international trade and mitigate the impact of economic sanctions. In August 2022, Iran reportedly placed its first official import order using cryptocurrency, valued at $10 million, as part of a broader strategy to bypass U.S. sanctions and conduct trade through digital assets. Following…
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Arizona is actively advancing legislation to integrate Bitcoin into its financial and legal systems. Notably, Senate Bill 1062 (SB1062) seeks to classify Bitcoin and other cryptocurrencies as legal tender within the state. This bill defines legal tender to include any medium of exchange authorized by the U.S. Constitution or Congress, encompassing cryptocurrencies. In addition to…
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North Carolina lawmakers have introduced multiple bills aiming to integrate cryptocurrencies, such as Bitcoin, into the state’s financial strategy. One notable proposal, the Bitcoin Reserve and Investment Act (Senate Bill 327), seeks to authorize the state treasurer to allocate up to 10% of public funds into Bitcoin. This initiative positions North Carolina among several states…
