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BIT Mining Stock Soars 350% After $300M Solana Pivot Announcement
Update, July 11, 9:10 am UTC: This article has been updated to add comments from Bit Mining chief economist Youwei Wang. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, […]
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Shareholders push back against high pay for public Bitcoin miner execs after record equity grants
Shareholders trimmed support for executive pay packages at leading US Bitcoin (BTC) miners to an average of 64% in this year’s proxy season, far below the over 90% approval norm across the S&P 500, according […]
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HIVE Digital Stock Rises on Bitcoin Surge, AI Pivot and Mining Milestones
Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business. HIVE jumped nearly 6.5% to $2.47 […]
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Russia launches crypto mining equipment registry to curb illicit activity
The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of […]
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CoreWeave Stock Slips as Analysts Question $9B Core Scientific Acquisition
Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line. CRWV stock was down 3.6% after the opening […]