Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.
Starboard is reportedly pushing the miner to convert some of its mining sites into veri centers.
HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.
The motion calls for the integration of bitcoin into Vancouver’s financial strategies, including establishing a bitcoin reserve.
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
Also: An Ethereum dev’s defection to Solana; Polygon’s big proving-system flex; crypto’s most influential
Bitcoin is again outperforming, sliding just 3% back to $95,000.
The founders of the popular Taproot Wizards JPEGs want to do more now to “make bitcoin magical again.”
The CEO of MARA Holdings has gone all-in on bitcoin, adding billions of dollars worth of the world’s largest cryptocurrency to MARA’s balance sheet.
The Wyoming senator has been a major crypto supporter since joining Congress in 2021. Now she’s the leading advocate for creating a Strategic Bitcoin Reserve.