As AI-driven mining stocks retreat, investors are examining executive stock sales, governance and shareholder alignment across leading Bitcoin miners, according to Blocksbridge Consulting. Several publicly traded Bitcoin miners have enjoyed sharp stock re-ratings after pivoting toward AI infrastructure, but investors are increasingly questioning whether insiders and major shareholders capitalized on the rally before the sector cooled, raising fresh governance concerns, according to Blocksbridge Consulting. In its latest Miner Weekly newsletter, Blocksbridge said the AI narrative helped lift valuations for several Bitcoin mining companies as they repositioned operations around data centers, power infrastructure and hyperscaler partnerships. However, sentiment has since weakened, with AI and chip stocks pulling back. The TEM AI Infrastructure Growth Index, which tracks Bitcoin miners, artificial intelligence cloud providers, power suppliers and other AI infrastructure companies, has decline 16% over the past mo...
Labour lawmakers proposed a full moratorium on crypto donations in March, which some have sought be made permanent after millions of dollars in contributions were linked to Reform leader Nigel Farage. Members of the UK’s ruling Labour party are considering a total ban on digital asset donations in response to Nigel Farage's resignation from Parliament and the potential influence crypto billionaires had on his policies. The Guardian reported Thursday that Labour MPs are looking to overhaul existing rules on donations to political parties and candidates. Specifically, lawmakers have proposed that a moratorium on crypto donations enacted in March be made permanent after it was revealed that the Reform leader personally accepted millions of British pounds in what he called “gifts” from industry figures. “Amendments to the representation of the people bill which my colleagues and I have tabled are vital safeguards against the wider threat that’s seen [$268 million] come flooding in to build a whole media political...
US 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches. Bitcoin (BTC) reclaimed the $63,000 mark on Thursday, but traders fear a correction ahead of Friday’s $1.4 billion options expiry on Deribit. The concerns stem from the US government bond yield climbing toward a level that many view as a warning sign. Is the $62,000 support level at risk? Key takeaways: Read more
The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy. Bitcoin miner MARA Holdings shares rose about 15% in early trading Thursday after the company announced plans to acquire a Texas powered-land site with access to up to 2 gigawatts of electricity for AI computing and Bitcoin mining. The 1,200-acre site in Matagorda county, about 90 miles southwest of Houston, is expected to provide access to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028. MARA said it plans to develop the site as a digital infrastructure campus supporting both high-performance computing and Bitcoin mining. Upon full energization, the site is expected to more than double the Bitcoin (BTC) miner's potential power capacity to about 4.8 GW. HIF USA will retain a minority ownership stake in the project if MARA signs a lease with a high-performance computing tenant, according to the companies. ...
Bitcoin gained new upside targets for the daily close and beyond after US president Donald Trump said that Iran "wants to make a deal." Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Key points: Read more