CleanSpark Joins AI Rush in Expansion Beyond Bitcoin Mining
The company hired industry veteran Jeffrey Thomas to lead new AI data center division. Source link
The company hired industry veteran Jeffrey Thomas to lead new AI data center division. Source link
The company financed the acquisition by raising $18.8 million through the issuance of various perpetual preferred shares and common stock Source link
Two preferred stocks with different payout priorities and risk profiles are creating a significant yield gap. Source link
The company calls its offer for CORZ “best and final” as it counters hedge fund criticism and urges investors to back the deal. Source link
Bitcoin is now just 7% of gold’s total market value as it nears a $2 trillion market cap. Source link
While bitcoin hovers near $105,000, stronger government revenues and a record September surplus point to improving fiscal conditions. Source link
Once hailed as a fast track to bitcoin accumulation, PIPE financing now faces scrutiny as companies struggle with cratering share prices. Source link
Long-term holders and whales continue to offload BTC as profit-taking intensifies and the four-year cycle narrative shows signs of weakening. Source link
Roughly $12 billion in futures positions were wiped out on Friday, marking a major shift in market structure and potentially signaling a bottom. Source link
U.S. spot bitcoin exchange-traded funds (ETFs) recorded their largest combined daily outflow since Sept. 26 on Monday, with $326.4 million exiting the market, according to...