Bitfarms has increased the size of its convertible notes offering to $500M from $300M announced a day earlier.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Better Payment Network plans to use the new capital to build onchain liquidity pools and develop market-making systems.
CompoSecure's turnaround under Resolute and renewed focus on digital assets have helped lift shares more than 60% this year, says Benchmark.
The $40 billion Aligned Data Centers buyout values capacity at roughly $8 million per megawatt — 160% higher than listed bitcoin miners.
Superstate has partnered with Backpack, claiming to bring natively tokenized public equities to centralized trading for the first time.
After sharing stablecoin plans, Cloudflare has joined forces with Visa, Mastercard and AmEx to build tools for the emerging world of agentic commerce.
Onchain capital could exceed $100 trillion within five years, TD Cowen said, as institutions like BlackRock and JPMorgan shift from pilots to production.
Bitfarms is tapping a longtime energy-infrastructure dealmaker to lead its U.S. expansion and AI-compute buildout.
Circle's regulatory compliance, liquidity head start, and partnerships with Coinbase and Binance are among the catalysts, the analysts said.
Canaan's pilot in Alberta will use stranded natural gas to power new high-density computing operations for bitcoin mining and AI.
Solana-based liquidity layer Kamino is integrating crypto prime broker Project 0 to unlock cross-margin lending using a single pool of credit.
The Helios project could eventually become one of the biggest data centers in the U.S., adding a steady new revenue stream for Galaxy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
IREN stands out with 3 GW of power capacity, 23,300 GPUs, and a $500 million AI cloud revenue run-rate by early 2026, the analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As Bitcoin miners continue to ramp up their hashrate capabilities, firms like IREN are looking to compete in the emerging HPC vertical.
BNY, which processes $2.5 trillion in payments daily and oversees $55.8 trillion in assets is studying tokenized deposits to support blockchain payments.
Shares of bitcoin mining stocks like Hive, Bitfarms, and Riot Platforms closed the day with gains in the double-digits.
Consensys founder Joseph Lubin has said tokens are coming for MetaMask, Linea and Infura’s DIN in a broader, token-powered product strategy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Riot Platforms released its latest production update on Friday, reducing its total bitcoin held slightly to 19,287 BTC ($2.3 billion).
Cango also released its latest production update on Friday, boosting its bitcoin treasury to 5,810 BTC ($700 million).
Canaan said it secured the order from an unnamed U.S.-based bitcoin miner for its latest-generation Avalon A15 Pro mining machines.
Bit Digital CEO Sam Tabar told The Block that DATs should use unsecured debt financing instead of secured debt.
Tether CEO Paolo Ardoino said the stablecoin issuer aims to leverage Rumble's 51 million monthly active users to boost adoption of USAT.
Ripple's Chief Technology Officer, David Schwartz, announced his departure after more than a decade at the technology company.
Chainlink and Swift expanded their partnership with a live UBS Tokenize pilot, triggering onchain fund workflows through existing systems.
Chainlink “orchestrated the validation of multiple AI model outputs” that was transmitted to Swift using an ISO 20022-compliant messaging format.
All investors in both private and public rounds will get an “onchain redemption right” to redeem up to their original principal at any time.