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BTBT News30 articles
MARA Holdings Faces Key Earnings Test After $1.5B Energy Deal
MARA Holdings reports Q1 earnings Monday, with investors focused on its $1.5B Long Ridge Energy deal and efforts to avoid a $600M bond buyback. The stock rose 2% Friday to $12.94.
Canada Targets Crypto ATMs and Establishes Federal Financial Crimes Agency
Canada plans to ban cryptocurrency ATMs and establish a new Financial Crimes Agency with police powers, citing over C$704 million in fraud losses in 2025.
IREN Secures $3.4B Nvidia Cloud Deal, Pivots from Bitcoin Mining to AI
IREN Limited inked a $3.4 billion, five-year cloud-services agreement with Nvidia, which also secured an option to purchase up to 30 million IREN shares at $70 each, signaling a strategic pivot from bitcoin mining to AI infrastructure.
BitMine Nears 5% ETH Supply Goal, May Scale Back Weekly Purchases
BitMine Immersion Technologies may slow its weekly ether purchases as it nears a target of owning 5% of ETH supply, Chairman Tom Lee said. The company holds 5.18 million ETH, 4.29% of supply.
Uber's Robotaxi Ambitions Face Scrutiny After NHTSA Probe Into Avride Crashes
U.S. regulators are investigating 16 crashes involving Avride autonomous vehicles linked to Uber's platform, raising safety concerns. Uber shares fell 1.7% as Lime filed for IPO.
Saylor's Bitcoin Sale Hint Reshapes MSTR's Market Narrative
Michael Saylor suggests selling some bitcoin for dividends, a move that reframes Strategy's capital strategy without abandoning its crypto focus.
Bitcoin Steadies Near $80K as ETF Outflows Test Rally
Bitcoin traded near $80,000 early Saturday, steadying after two consecutive days of U.S. spot bitcoin ETF outflows totaling over $400 million.
Antelope Enterprise Surges 275% on Bitcoin-Backed Share Buyback Plan
Antelope Enterprise shares skyrocketed over 275% after the company announced a $95,000 share buyback funded by $190,000 in realized Bitcoin gains from its 'Genius Plan.'
Toast Shares Slide 15% Despite Q1 Revenue Surge and Upgraded 2026 EBITDA Outlook
Toast shares dropped 15% despite a 22% revenue jump and raised 2026 EBITDA outlook, as hardware costs and a lower EPS weighed on investors.
Fluor Shares Slide on Q1 Profit Miss and Reduced 2026 EBITDA Forecast
Fluor reported Q1 adjusted EPS of $0.14, well below the $0.62 consensus, and cut its 2026 adjusted EBITDA guidance, sending shares down 7.6%.
Hut 8 Secures $9.8B AI Data Center Lease, Shifts Focus from Bitcoin Mining
Hut 8 Corp. inked a 15-year, $9.8 billion lease for 352 MW of AI data-center capacity at its Beacon Point campus, advancing its pivot from bitcoin mining to AI infrastructure.
Meta's AI Ambitions Tested by Soaring Costs and Legal Challenges
Meta shares slipped 0.9% as investors weigh $145B capex forecast against 33% ad revenue growth, while five publishers sue over AI training data.
Strategy Halts Bitcoin Purchases After $7.5 Billion Buying Spree Ahead of Q1 Earnings
Strategy paused its bitcoin buying spree last week, halting after a $7.5 billion, three-month acquisition run. The company holds 818,334 BTC and reports Q1 earnings Tuesday.
Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing
Strategy Inc. reports Q1 earnings Tuesday, with options implying an 8.07% stock swing. Bitcoin holdings hit 818,334 BTC after a $255M purchase pause, as analyst raises target to $225.
X-Energy's IPO Surge Faces Reality Check Amid Nuclear Ambitions
X-Energy shares rose 33% from IPO price to $30.53, but fell from weekly highs. Kentucky utilities explore its Xe-100 reactor as the company tackles licensing and construction challenges.
Bitmine's $23M Private ETH Deal Boosts Stake to 5M Tokens
Bitmine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $22.9M, boosting its total ETH holdings to over 5M tokens, or 4.2% of supply. BMNR closed at $21.88.
Shell's $16.4B ARC Buy Boosts Canadian LNG Ambitions
Shell's $16.4B acquisition of ARC Resources strengthens its position in Canada's Montney shale and LNG Canada terminal, boosting Asian export prospects.
JetBlue Gains on Hopes of Spirit Shutdown; Fuel Costs Still Bite
JetBlue shares rose 4.4% Friday amid speculation that a Spirit Airlines shutdown could ease competition, despite the airline posting a wider Q1 loss and grappling with higher fuel expenses.
Rivian Shares Dip as Reduced Georgia Loan Casts Shadow on R2 SUV Ambitions
Rivian shares slid 5.7% after a reduced federal loan for its Georgia factory raised questions about its R2 SUV strategy. The company reported Q1 revenue of $1.38 billion and a narrowed net loss.
Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.
Soluna Holdings Stock Surges on Sazmining Bitcoin Deal, Then Faces SEC Filing
Soluna Holdings shares rose after Sazmining started a 3MW Bitcoin mining site at Project Dorothy 1B, but an SEC filing for 2.46 million share resale tempers gains.
11 Key Drivers Behind Bitcoin Price Fluctuations
Bitcoin's price is determined by supply and demand, with ETF flows, macro liquidity, regulation, and market sentiment now as influential as the halving event.
Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock
Strategy Inc. acquired 3,273 bitcoin for $255 million last week, increasing its total stash to 818,334 BTC and staying ahead of BlackRock's iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz cautioned that such buying pace could strain supply.
Anta's Global Ambitions: From Chinese Roots to Western Rivalry
Anta Sports reports strong 2025 revenue growth, acquires a stake in Puma, and opens a U.S. flagship, challenging Nike's dominance in China and global markets.
Rigetti Computing Hit with Sell Rating Ahead of 108-Qubit System Launch
Rigetti Computing shares fell 1.5% after Wall Street Zen downgraded the stock to sell, even as the company launched its 108-qubit system on Amazon Braket and reported a $216.2 million net loss on $7.1 million revenue.
BitMine's $24M Ethereum Purchase Bolsters 5% Supply Target
BitMine Immersion Technologies bought 10,000 ETH from the Ethereum Foundation for $23.9M, pushing its holdings closer to the 5% supply target as BMNR shares trade near $22.
Bitwise Leads XRP ETF Inflows as Market Digests $1.53B AUM
Bitwise secured all $6.44M in daily net inflows for US spot XRP ETFs on April 24, raising its total to $426M. Goldman Sachs reported $153.8M in holdings, but XRP's price remains under pressure with technicals hinting at a potential 40% decline against bitcoin.
Bitcoin Holds Near $78K as ETF Inflows Offset Oil and Dollar Headwinds
Bitcoin hovers near $77,500 as $223.3M in ETF inflows support prices, but rising oil and a stronger dollar cap gains. Ethereum ETFs see $75.9M outflows.
Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.
Bitcoin Dips Below $78K as $80K Breakout Falters Despite Institutional Inflows
Bitcoin slipped below $78,000 Thursday, retreating from a test of $80,000 as geopolitical risks and selling pressure near $78,000 offset strong ETF inflows and corporate purchases.