Eric Trump-Backed American Bitcoin Tops 8,000 BTC Reserve After Record Quarterly Mining Output
ABTC’s revenue from mining rose 8% to $67 million, and gross margins were roughly 50%, even as Bitcoin prices slipped during the quarter.
Stocktwits
More News
Hut 8 Stock Hits One-Month Low – Analyst Doubles Price Target Amid The Dip
Hut 8 holds 10,278 Bitcoin worth roughly $665 million and is scheduled to report second-quarter results next month.
Stocktwits
HIVE's Stock Plummets On Q4 Earnings Miss — Chairman Says Share Price Volatility Is A 'Non-Event'
Executive Chairman Frank Holmes noted that Situational Awareness CEO Leopold Aschenbrenner disclosed a 13-F showing he bought HIVE at four times revenue.
Stocktwits
BTBT Stock Hits Two-Month High In Largest Jump Since 2024 – New IR Chief Sparks Pre-Earnings Rally
Bit Digital shares climbed nearly 20% in midday trading, putting the stock on track for its largest single-day gain in more than a year.
Stocktwits
HUT Stock Dips After Firm Seeks To Sell $3B In Bonds To Help Finance Google-Linked AI Data Center
Bitcoin mining companies like peer Mara Digital have previously raised debt to fund operations.
Stocktwits
Bit Digital Cuts ETH Staking To Boost Treasury Flexibility, Holds $322 Million In WYFI Shares
Bit Digital, the digital asset company, holds roughly 27 million shares of WhiteFiber, providing exposure to AI infrastructure and high-performance computing.
The company said that as previously announced there will be a delay in the filing of its audited annual financial statements.
Stocktwits
ETFs to Play as Morgan Stanley Bets 150%+ Upside for 2 Bitcoin Miners
ETFs emerge as a diversified way to tap their AI pivot, as Cipher Mining and TeraWulf jump after Morgan Stanley's 150%+ upside call.
Zacks
GLXY Stock Rallied 10% Today – What Are The Two Factors At Play?
The company secured approval for an additional 830 megawatts of power at its Helios data center campus in Texas and completed its first-ever tokenized collateralized loan obligation.
Stocktwits
Interactive Brokers Turns to Stablecoins To Compete With Robinhood, Schwab, Coinbase
According to a Bloomberg report, the brokerage is introducing stablecoin account funding to a subset of U.S. clients.
