Bitcoin Mining

Cango raises capital as it faces NYSE delisting risk with shares below $1
The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.

Bitfarms targets zero bitcoin on the balance sheet as it pivots to AI
The company is actively selling bitcoin and redeploying capital into AI-focused data centers as part of a broader transformation away from mining.

Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI
The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.

Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant
The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers.

Fund services giant Apex to tokenize Bitcoin mining note on Coinbase’s Base platform
Apex will tokenize the Omnes Mining Note “OMN,” an institutional-grade structured note backed by Bitcoin hashrate.

Bitcoin hash rate is tumbling as Iran war lifts energy prices
A falling hash rate and the resultant pressure on miners could signal another potential capitulation phase, which could push prices down further

Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover
The company sold 4,451 BTC in February to cut debt and fund AI infrastructure pivot.

Here is what $100 oil means for Bitcoin network
Research shows that only 8% to 10% of global Bitcoin hashrate runs in oil-sensitive power markets, suggesting that geopolitical shocks may affect BTC prices more than mining costs.

Trump-backed American Bitcoin board members scoop up stock following earnings
Board members Justin Mateen and Richard Busch bought roughly 1.6 million shares after the trading window reopened following the bitcoin miner’s latest earnings report.

Eric Trump’s American Bitcoin buys 11,298 ASIC miners, increasing mining capacity by 12%
The move stands in stark contrast to the company's peers, many of whom are moving away from or totally abandoning the business of bitcoin mining.

