Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
Bit Digital’s Sam Tabar says the commercial Bitcoin mining industry will “be dead” after the next halving, as new competitors emerge. Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is doomed even though Bitcoin mining itself will live on. The Bitcoin mining industry is going to be dead in two years he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining. Read more
The offering is being made under an automatic shelf registration, which lets large companies raise capital quickly and with flexibility. Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy. On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald. The offering is being made under an automatic shelf registration statement filed with the US Securities and Exchange Commission (SEC). An automatic shelf registration allows certain large, publicly traded companies to quickly raise capital with flexibility. Read more
A significant portion of the almost $12 billion ETH awaiting withdrawal may be sold to lock in profits, considering Ether’s 100% gains over the past year. Key takeaways: Ether queued for unstaking hits a record $12 billion, with a 44-day wait time. Strategic reserves and ETF holdings have jumped by 116% since July 1, allaying fears of a potential ETH sell-off. Read more
Blockchain stakeholders may still negotiate with policymakers on the EU AML framework’s upcoming ban on privacy-preserving tokens, set to go into effect in 2027. Blockchain industry participants and regulators continue wrangling over privacy rights as the European Union’s sweeping Anti-Money Laundering (AML) rules look set to ban privacy-preserving tokens and anonymous crypto accounts starting in 2027. Credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies under the EU’s new Anti-Money Laundering Regulation (AMLR) that will go into effect in 2027, Cointelegraph reported in May. Maintaining the right to access privacy-preserving coins like Monero (XMR) has been a “constant battle” between blockchain industry stakeholders and regulators, according to Anja Blaj, an independent legal consultant and policy expert at the European Crypto Initiative. Read more
Japan’s Metaplanet launched subsidiaries in Miami and Tokyo to grow Bitcoin income and expand domestic crypto media operations. Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, is ramping up its crypto strategy with the launch of two new subsidiaries, one in the US and one in Japan. In a Wednesday post on X, the Tokyo-based firm announced the establishment of Metaplanet Income Corp., a wholly owned US subsidiary based in Miami with an initial capital of $15 million, according to its disclosure. The unit will focus on Bitcoin (BTC) income generation and derivatives trading, creating a structural separation between Metaplanet’s core BTC holdings and revenue-generating operations. Read more