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KULR Q2 2025: Bitcoin Gains Drive $8.14M Net Income Despite Wider Operating Loss
15.8.2025
KULR Technology Group booked a net income of $8.14 million in the second quarter of 2025, fueled mainly by gains from its bitcoin holdings. KULR Leverages Bitcoin for $8.14M Gain; Revenue up 63% in Q2 KULR, which joined the Russell 3000 Index in June, builds energy storage solutions for extreme...
US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve
14.8.2025
On Thursday, during a Fox News interview, U.S. Treasury Secretary Scott Bessent addressed the nation’s strategic bitcoin reserve (SBR), clarifying that the government has no plans to purchase bitcoin for it. PPI Surprise and Bessent’s Bitcoin Stance Causes Uncertainty Over the past 24 hours,...
UK’s Vaultz Capital Expands Bitcoin Treasury With £1.5M Purchase
14.8.2025
London-based digital asset firm Vaultz Capital plc (AQSE: V3TC) purchased an additional 17.146721 BTC on Aug. 13, 2025, significantly expanding its corporate bitcoin treasury holdings. Vaultz Capital Bitcoin Holdings Grow to 135 After Latest Buy Vaultz Capital plc acquired the bitcoin for a total...
Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment
13.8.2025
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in Texas, bringing the facility to its full 83 MW capacity. Galaxy Moves Miners to Soluna Site as Helios Transitions to AI According to the announcement shared with Bitcoin.com...
Metaplanet Aims to Channel Japan’s Fixed Income Market Into a Bitcoin Growth Engine
13.8.2025
Metaplanet Inc., Japan’s largest publicly traded bitcoin holder, is setting its sights on the country’s vast fixed-income market to supercharge its BTC treasury strategy. The firm, which controls 18,113 bitcoin, unveiled plans to issue perpetual preferred shares (Prefs) to bankroll fresh...
Trump’s ABTC Makes Major Bitcoin Buy Ahead of Nasdaq Listing
13.8.2025
American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., has added 1,726 bitcoin to its holdings, expanding its strategic reserve as part of a summer acquisition push. Trump-Linked ABTC Grows Bitcoin Stash Past $250M Mark Hut 8 disclosed in its quarterly filing that the purchases...
Bitcoin Treasuries: Cool Story Bro, Now Show Us the Discipline
13.8.2025
As more publicly traded companies adopt the MSTR Bitcoin treasury strategy, one may need to ask: is this truly sustainable, or just another bubble waiting to burst? The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools...
Bitcoin Hashrate Cools After Record as Difficulty Bites
12.8.2025
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled, settling in the 900 EH/s range. Mining Metrics Flash Mixed Signals as Block Times Stretch to 11:04 On Aug. 8, 2025, the network’s computing power reached a whopping 976 EH/s based...
Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power
12.8.2025
The bitcoin market is no longer one of seller exhaustion, Glassnode says, but how long will the rebound last for?
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
11.8.2025
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing...
Inside the Powerhouse: The 50 Most Profitable Bitcoin Miners, Aug. 9-10, 2025
10.8.2025
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power, Profit, and Precision: Today’s Top 50 BTC Mining Machines...
Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
8.8.2025
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s Mining Might Continues to Flex The hashrate kept pushing...
Union Jack Oil Plans Bitcoin Mining Using Stranded Gas, Considers BTC Treasury
8.8.2025
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack Advances Crypto Mining Venture Union Jack (AIM:...
UK Gold Miner ECR Minerals Adopts Bitcoin Treasury Strategy
7.8.2025
ECR Minerals plc, a U.K.-based gold exploration company focused on Australian projects, announced on Aug. 7, 2025, that its board has formally adopted a bitcoin and digital asset treasury management policy. Gold Miner ECR Adopts Bitcoin Treasury Strategy Under the non-binding policy, ECR Minerals...
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
7.8.2025
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second (EH/s). From Exahash to Zettahash: Bitcoin’s March Toward 1,000 EH/s Gets Closer Bitcoin’s processing strength topped its previous high of 946 EH/s, notching a...
Smarter Web Launches $21 Million Bitcoin-Denominated Convertible Bond
7.8.2025
The Smarter Web Company has launched Smarter Convert, a bitcoin-denominated convertible bond fully subscribed by institutional investor TOBAM for $21 million. The initiative enables Smarter Web to raise capital while expanding its bitcoin treasury. TOBAM Backs Smarter Web With $21 Million...
Asia Morning Briefing: BTC Slips Into Low-Liquidity “Air Gap” as Post-ATH Drift Continues
7.8.2025
Glassnode data shows BTC caught in a fragile holding pattern after slipping below key support. Market makers say conviction remains weak, with majors struggling to lead
Vaultz Capital Buys £4.3M Bitcoin, Treasury Hits 118 BTC
7.8.2025
UK digital asset firm Vaultz Capital has purchased 47.85 BTC for £4.27 million, increasing its corporate treasury holdings to approximately 117.85 BTC worth over £10 million. Vaultz Adds More BTC to Its Corporate Stash The company, Vaultz Capital plc (AQSE: V3TC), explained on Wednesday that...
Bitcoin Treasury Firm Satsuma Raises $218M in Oversubscribed Round
6.8.2025
London-based Satsuma Technology PLC has successfully raised £163.6 million ($217.65 million) in an oversubscribed second round of secured convertible loan notes, significantly exceeding its minimum £100 million target. London’s Satsuma Raises Funds for AI and Bitcoin Plans The publicly listed...
Corporate Bitcoin Holdings Surge as Adoption Spreads Globally, Report Shows
6.8.2025
Public and private companies added 107,082 bitcoin to their treasuries in July 2025, accelerating a trend of institutional adoption now valued at $428 billion across tracked entities, according to Bitcoin Treasuries’ July Adoption Report. Bitcoin Treasuries Report: Corporate Adoption Accelerates...