$1.38
+0.02 (+1.10%)
BTBT News30 articles
BTC Digital Soars 84% Premarket After $7M Raise Exceeds Market Cap
BTC Digital shares jumped 84.5% premarket after the company raised $7 million in a private placement, exceeding its market cap, to fund an AI computing center in Georgia.
Galaxy Digital Surges on AI Data Center Value Shift
Galaxy Digital shares surged 23.6% to $31.07 after CEO Mike Novogratz stated its AI data center now represents over half the company's value, shifting focus from crypto.
Bitmine Shares Fall 7.7% as Ethereum Slide Tests Tom Lee's $13.4B Treasury Bet
Bitmine shares slid 7.7% Friday as ether dropped 3.4% to $2,221, testing the company's strategy of holding 4.31% of ETH supply. Peer Bit Digital reported Q1 revenue fell 13.6%.
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.
Strategy Stock Rebounds to $100, Yet Bitcoin Per Share Gains Nearly Wiped Out
Strategy (MSTR) shares climbed back above $100 on Friday, but the Bitcoin-per-share metric barely moved, signaling dilution and capital actions are eroding gains.
BitMine Stock Climbs 9% Despite Ether Dominance in Asset Mix
BitMine (NYSE:BMNR) shares rose 9% this week, but its $4B buyback program is overshadowed by massive Ethereum holdings. Ether price swings dwarf repurchase impact.
MARA's Bitcoin-Backed AI Loans Raise Collateral Risk as Q2 Revenue Drops
MARA shares fell 4.6% as Q2 revenue dropped 27% and new bitcoin-backed loans for AI raise collateral risk. Analysts split on outlook.
Vistra Stock Slips as Q2 EBITDA Jumps 31%, Full-Year Forecast Unchanged
Vistra (VST) shares dropped 1.8% in early trading despite a 31% jump in adjusted EBITDA, as investors focused on flat full-year guidance and a dip in net income.
MARA Holdings Faces Q2 Revenue Miss and Strategic Shift to Bitcoin-Backed Debt
MARA Holdings' Q2 revenue fell 27% to $174.9M, missing estimates, while the company leverages Bitcoin collateral for growth.
SoFi's Rebound Puts the Spotlight on Its Ambitious H2 Margin Target
SoFi Technologies (NASDAQ:SOFI) has fully recovered its post-earnings losses, but the stock's rally hinges on the company's ability to deliver a sharp margin expansion in the second half of 2026.
NRG Energy Tumbles 15.5% as EPS Miss Offsets EBITDA Surge
NRG Energy (NYSE:NRG) shares plunged 15.5% after Q2 adjusted EPS of $1.49 missed consensus, as higher interest and depreciation offset strong EBITDA growth from the LS Power acquisition.
Bitcoin Steadies Near $64K as Coldcard Flaw Triggers Wallet Migration
Bitcoin hovers near $64,000 as Coldcard exploit spurs defensive wallet moves; sub-1 BTC transfers hit 39,600 BTC, 24.8x theft tally, signaling custody migration.
SoFi Shares Surge 10.5% as EBITDA Target Signals Strong H2
SoFi Technologies (SOFI) rallied 10.5% on Monday, rebounding from last week's losses. The company's guidance implies a 29% jump in second-half EBITDA.
Whirlpool Faces Steep H2 Cash Hurdle After EBIT Plunge
Whirlpool (WHR) needs over $1.4B in H2 free cash flow after Q2 EBIT dropped 69%. Shares slipped 1.7% in after-hours trading despite a 4.6% gain.
FBI Insider Crypto Case Spotlights Wallet Security as Bitcoin Steady
A former FBI supervisor's arrest for allegedly stealing crypto via memorized wallet passphrases has put key management in focus. Bitcoin held steady near $63.5K.
Strategy's Bitcoin Sale Below Cost Raises Funding Model Questions
Strategy sold 1,638 BTC below cost, using proceeds and new share issuance to repurchase preferred stock, highlighting a pivot from pure Bitcoin accumulation.
Bitcoin Outperforms Strategy as MSTR Premium Fades
Bitcoin's 2026 decline of 27.9% is less severe than Strategy's 38.6% drop, highlighting a shrinking leverage edge for MSTR.
Bitcoin Faces Choppy August as ETF Interest Stalls
Bitcoin's 7.5% July gain meets muted ETF demand in August. Historical data shows August weakness, with median decline of 7.49%.
Energy Transfer's 6.7% Yield Hangs on Q2 EBITDA as Earnings Approach
Energy Transfer (ET) heads into Q2 earnings with a 6.7% yield, but the stock needs near-record EBITDA to justify its valuation. All eyes on Tuesday's report.
BitMine Stock Gains 9% Weekly Despite Ether Flat; NAV Discount Narrows
BMNR climbed 9.4% for the week despite a 2.8% drop in Ether. NAV stands at $18.12-$18.48, with shares trading at a discount.
MARA Stock Slides as Bitcoin Dip Exposes Reduced Treasury Leverage
MARA shares fell 2.7% as bitcoin dropped 2.5%. The miner's reduced BTC treasury lowers sensitivity to price swings, but Q2 earnings due Aug. 6 face cost pressures.
MARA Holdings Surges 17% as AI Infrastructure Demand Overshadows Bitcoin Rally
MARA Holdings rose 17.4% on Thursday as market attention shifted from Bitcoin to the company's AI infrastructure potential, though gains lagged behind peers with more direct AI revenue.
Strategy Shares Dip After Q2 Results, $3.75B Reserve Bolsters Bitcoin Position
Strategy shares slipped after Q2 results showed an $8.22B net loss, but a $3.75B reserve offers breathing room for its massive Bitcoin position.
Bitcoin Steadies Near $65K as Treasury Yields Outshine Crypto Carry Trade
Bitcoin hovers near $64,728 amid rising Treasury yields and weak ETF inflows, with spot volume hitting a five-year low. Institutional interest remains tepid.
Transocean Shares Up 2.2% on Merger Arbitrage Opportunity as Valaris Deal Spread Widens
Transocean shares advanced 2.2% amid a widening merger spread with Valaris to 2.4%, as regulatory milestones and robust Q2 guidance bolster arbitrage expectations.
Bitcoin ETF Inflows Return, But Rally Concentrated in BlackRock's IBIT
U.S. spot bitcoin ETFs saw net inflows of $32.1 million on July 29, with BlackRock's IBIT attracting $89.8 million, but other funds saw outflows, limiting the rebound.
Cipher Digital Plunges 13% as AI Data Center Stocks Slide; Bitcoin Stable
Cipher Digital dropped 13.4% amid a broader sell-off in AI data center stocks, while Bitcoin remained flat. Q2 earnings are due August 4.
MARA Holdings Rises on Bitcoin Bounce, Energy Pivot in Focus
MARA Holdings (NASDAQ:MARA) edged toward $11 in premarket trading, tracking Bitcoin's rebound, as investors eye the company's energy pivot ahead of Q2 earnings on August 6.
SpaceX Shares Dip as Orbital AI Faces Environmental Scrutiny
SpaceX shares slipped 1.3% pre-market as environmental scrutiny of its orbital AI project intensifies, with valuation at 81.9 times sales. Q2 results due Aug 4.
MARA Holdings Drops 3.3% as Bitcoin Decline Overshadows AI-Driven Gains
MARA Holdings (NASDAQ:MARA) closed down 3.3% at $11.38 as Bitcoin fell 1.3% to $63,940, reversing recent AI-linked gains. Key events include the Fed decision and MARA's Q2 earnings on August 6.