Ex-Valkyrie CEO Leah Wald’s Investment Firm Buys Four Validators, Including Solana Network’s, for Nearly $18M
The firm will buy validators for SOL, SUI, MONAD and ARCH networks. Source link
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Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
The company’s shares fell after reporting third quarter sales that missed estimates by 4%. Source link
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Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers. Source link
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Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless
Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead. Source link
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Bitcoin Halving Is a ‘Show Me the Money’ Moment for Miners
With April’s “halving” set to cut mining rewards by half, Bitcoin miners are upgrading to more efficient mining machines, cutting costs, finding cheaper sources of...
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Luxor Looks to Help Bitcoin Miners Hedge Halving Risk With New Hashrate Futures
The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures. Source link
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Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor’s Successful Bitcoin Playbook
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors. Source link
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Bitcoin Soared to an All-Time High. So Why Aren’t Miners Blasting Off, Too?
Investors are pouring money into spot ETFs while avoiding miners due to risks related to Bitcoin’s halving event. Source link
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Bitcoin Miner Marathon’s Sales Beat Fails to Impress Wall Street
The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs. Source link
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Bitcoin Miner Marathon’s Shares Outperform Peers Ahead of Possible ‘Strong’ Earnings Report
The miner is expected to report a “strong acceleration in Q/Q revenue growth” due to a rally in bitcoin prices, said a Jefferies analyst. Source...
