The move aims to boost the price of the Nasdaq-listed stock to appeal to large mutual funds with “minimum stock price threshold limitations.”
The $40 billion Aligned Data Centers buyout values capacity at roughly $8 million per megawatt — 160% higher than listed bitcoin miners.
K33's Head of Research expects patience to be rewarded, with past deleveraging events often marking market bottoms.
"I expect the market will catch its breath and renew its attention on crypto's fundamentals," Hougan said.
Canaan's pilot in Alberta will use stranded natural gas to power new high-density computing operations for bitcoin mining and AI.
Bitcoin reclaimed the $114,000 level as global markets staged a broad recovery led by U.S. equities and gold.
President Trump's latest tariff threats against China caused the crypto market to plummet 10% heading into the weekend.
Despite the crypto price plunge following Trump's China tariff threats, Friday saw a "paltry" $159 million in outflows, CoinShares said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Financial markets sold off on Friday after U.S. President Donald Trump threatened a "massive" tariff hike on China.
Square Bitcoin lets U.S. merchants accept BTC with no fees until 2027, a move Mizuho analysts say could reshape consumer payments.
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.
U.S. spot Ethereum exchange-traded funds experienced net outflows of $8.7 million on Thursday, led by Fidelity's FETH.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Largely viewed as positive for the Solana ecosystem, more entrants could weaken the overall position of some players.
The move is part of the exchange's strategy to offer an all-in-one trading experience as it gears up for a potential public listing.
The rollout includes new bitcoin payment tools and a merchant wallet aimed at making cryptocurrency use easier for small businesses.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Achieving its 10,000 BTC target by 2025 would push DDC into the top tier of publicly listed bitcoin treasuries.
K33 argues that institutional adoption and policy shifts have ended bitcoin's four-year halving cycle, meaning this time is indeed different.
CIO Matt Hougan cited recent wealth manager approvals, bitcoin's price surge, and the "debasement trade" narrative as key catalysts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts forecast 30% annual revenue growth through 2027, with Figure placed at the intersection of crypto, trading, and consumer finance.
The flows were driven by a delayed response to the U.S. interest rate cut, CoinShares Head of Research James Butterfill said.
Markets brace for the Fed’s Oct. 29 FOMC decision amid shutdown and U.S. jobs market and inflation uncertainty, with crypto and stocks vulnerable to sharp downside moves.
The daily inflow streak for BlackRock's IBIT surpassed $1 billion on Thursday, contributing to a $2.25 billion run across all Bitcoin ETFs.
The price of bitcoin and ethereum are rising alongside stocks, which have historically gained during similar shutdowns.
The rapid emergence of DATs focused on smaller altcoins presents both opportunities and potential structural concerns for token ecosystems.
The firm previously teamed up with Republic in order to democratize retail investing in privately-held companies.