Bitcoin Mining

Adam Back Joins Fight for the Soul of Bitcoin Over 'JPEG Spam'
The Blockstream CEO says image inscriptions undermine Bitcoin’s role as money and offer miners only a negligible profit in return.

Trump-Linked American Bitcoin Stock Falls Below IPO Price After 15% Plunge
The bitcoin miner, 80% owned by Hut 8 and 20% by Trump family members, saw its stock slide below its $6.90 IPO price just one day after listing on Nasdaq.

Trump-Linked American Bitcoin Soars 60%, Targets $2.1B Share Sale After Nasdaq Debut
The company began trading Wednesday under the ticker “ABTC” after completing its merger with Gryphon Digital Mining.

Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan
The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.

Businesses Are Absorbing Bitcoin at 4x the Rate It Is Mined, According to River’s Research
River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.

Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord
The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut
The miner 80% owned by Hut 8 is finalizing a merger with Gryphon ahead of listing. Trump brothers hold the other 20% stake.

The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit
Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark
Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans
Investment bank Roth Capital said the move had the potential to "materially re-rate the stock."

