Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal
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HIVE’s Bitcoin output jumps 49%, but mining revenue still falls
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.
HIVE, MARA mine more Bitcoin but earn less as crypto prices fall
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
Brazil's Biggest Bitcoin Exchange Says It Will Refund Users After a $40 Million Hack
Mercado Bitcoin says customers won't pay for a hack that drained tens of millions. Withdrawals on the exchange remain frozen with no restart date.
Bitcoin ETFs Bleed $636 Million as October Turns Red Again
Spot Bitcoin ETFs lost $635.6 million on Thursday, their biggest outflow of the month, pushing October flows back to a loss of about $176 million as Ethereum and Solana funds also bled.
Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million
The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.
Abandoned Bitcoin? Wallet Targeted by Noah Doe Lawsuit Moves $33 Million
A Bitcoin address dormant since 2013 moved 411.45 BTC worth about $33.4 million, according to Galaxy Research, and it’s among the wallets named in the “Noah Doe” lawsuit.