Topic
bitcoin mining
6 stories related to this topic, newest first.
CoinDeskai59 days ago
IREN Raises $3 Billion in Convertible Senior Notes Due 2033
The Bitcoin miner turned AI infrastructure operator raised approximately $2.96 billion after strong investor demand expanded an initial $2 billion proposal. The 1% notes due in 2033 were priced at a 32.5% conversion premium. Proceeds will support GPU and data center investments t…
New York Postai63 days ago
MARA Holdings to Report Q1 2026 Earnings Amid Bitcoin Price Volatility and AI Expansion
MARA Holdings is scheduled to report first quarter 2026 earnings after market close on May 11, 2026, with analysts expecting revenue of $184.21 million and EPS of -$2.34. The results follow a 25% decline in bitcoin prices during the quarter and the company's sale of 15,133 BTC.
CoinDeskfinance67 days ago
American Bitcoin Reports Q1 2026 Results, Mining Cost Falls to $36,200 per Bitcoin
The Trump family-linked miner reported lower production costs, added 1,620 bitcoin to its holdings and expanded fleet capacity even as it posted an $81.8 million net loss driven by bitcoin price declines. American Bitcoin's core mining operations remained profitable excluding non…
Ben Sale from UK / Wikimedia (CC BY 2.0)finance75 days ago
Abits Group Shares Rise 48% After Hours on Fiscal 2025 Results
Abits Group Inc. reported a 37% revenue increase to $9.13 million for fiscal year 2025, up from $6.71 million the previous year. The company also expanded its bitcoin holdings to 15.99 BTC from 2.58 BTC. Shares surged 48.65% to $1.65 in after-hours trading following the announcem…
Substrate placeholder — needs reviewfinance91 days ago
Foundry Launches ZCash Mining Pool Capturing One-Third of Network Hashrate
Foundry, a Bitcoin mining company, has launched a new mining pool for ZCash, a privacy-focused cryptocurrency. The pool reportedly controls about one-third of ZCash's total hashrate. This expansion follows Foundry's dominant position in Bitcoin mining, where it operates a pool la…
Substrate placeholder — needs reviewfinance96 days ago
Chinese Billionaire Bitcoin Miner Takes Short Position on Ethereum Amid Market Uncertainty
A Chinese billionaire involved in Bitcoin mining has initiated a short position on Ethereum, citing market uncertainty. The move reflects concerns over cryptocurrency volatility. Details of the position size and timing were reported by @FirstSquawk.
FI