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CoreWeave revives bid for Core Scientific causing shares to surge 33%
CoreWeave is negotiating to acquire Bitcoin (BTC) miner-turned-compute host Core Scientific, the Wall Street Journal reported on June 26, citing people familiar with the matter. The cloud infrastructure company attempted to acquire the miner for […]
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$20B Bitcoin Options Expiry Set To Benefit BTC Bulls
Key takeaway: Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside […]
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Canaan Completes US ASIC Pilot, Exits AI Chip Business
Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative […]
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Panther Metals Launches Bitcoin Treasury For Zine Mine Finance
Mineral exploration company Panther Metals Plc has announced a Bitcoin treasury strategy combining traditional mining assets with Bitcoin holdings, leading to a surge in its stock price on Monday. In a statement, the UK-listed mining […]
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Chinese Bitcoin mining giants move production to US amid tariff tensions
China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying […]
