Hyperscale Data's significant Bitcoin holdings may increase stock volatility, reflecting broader trends in corporate treasury strategies.
The post Hyperscale Data buys another 100 Bitcoin, crosses the 1,000 BTC milestone appeared first on Crypto Briefing.
The post MARA Stock Jumps on 2 GW Texas Power Site Acquisition appeared on BitcoinEthereumNews.com.
Bitcoin miner MARA Holdings shares rose about 15% in early trading Thursday after the company announced plans to acquire a Texas powered-land site with access to up to 2 gigawatts of electricity for AI computing and Bitcoin mining. The 1,200-acre site in Matagorda county, about 90 miles southwest of Houston, is expected to provide access to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028. MARA said it plans to develop the site as a digital infrastructure campus supporting both high-performance computing and Bitcoin mining. Upon full energization, the site is expected to more than double the Bitcoin (BTC) miner’s potential power capacity to about 4.8 GW. HIF USA will retain a minority ownership stake in the project if MARA signs a lease with a high-performance computing tenant, according to the companies. The companies did not disclose financial terms of the
The post SpaceX’s Surprise Move: A Curious $88 Bitcoin Transfer appeared on BitcoinEthereumNews.com.
Elon Musk’s SpaceX, renowned for its space innovations, has made a curious move by executing a minute Bitcoin transfer from a dormant wallet. The $88 transaction, appearing negligible against its substantial Bitcoin holdings, has sparked discussions within the crypto community. Continue Reading:SpaceX’s Surprise Move: A Curious $88 Bitcoin Transfer Source: https://en.bitcoinhaber.net/spacexs-surprise-move-a-curious-88-bitcoin-transfer
The post Bitcoin News: Satoshi Wallet Claims Face Fresh Doubts as Bitcoin Addresses Become Active appeared on BitcoinEthereumNews.com.
Key Insights: Bitcoin news: Active BTC wallets weakened claims that dormant Bitcoin addresses were abandoned in court. Legal challenges mounted as experts disputed the lawsuit’s abandoned-property argument. Satoshi-linked wallets remained central as fresh on-chain activity reshaped the case. Bitcoin news continues to focus on the lawsuit seeking ownership of thousands of long-dormant Bitcoin wallets after new on-chain activity changed part of the case. The latest court filing removed 44 wallet addresses from the list of defendants after those addresses recorded new blockchain transactions. The move followed comments from Galaxy Research head Alex Thorn, who said every removed wallet had moved coins since the lawsuit was filed. The update has shifted attention toward whether long periods of inactivity alone can support claims that digital assets have bee
The post Bitcoin Is in Deep Value Zone, Yet $53K Drop Cannot Be Ruled Out appeared on BitcoinEthereumNews.com.
Bitcoin shows signs of bottoming, but capitulation, ETF outflows, and defensive options markets still threaten recovery. Bitcoin’s market appears to be in the later stages of a bear market, but the signals confirming a broader turnaround have not yet emerged. On-chain data shared by Glassnode shows the asset has recovered from $57,800 to nearly $63,000 over the past week, but it remains below both the True Market Mean of $76,600 and the Short-Term Holder Cost Basis of $72,200. This leaves the asset in a “deep value” zone. BTC Bottoming Bitcoin has now spent about five months trading below both of these levels – one of the longest discount periods in its history. According to Glassnode, such long periods have historically provided the foundation for cyclical bottoms as investors accumulate at prices below the average cost of recent buyers and the broader active market. Howeve
The post Bitcoin Needs a Daily Close Above $64,700 to Seal Its Latest Rebound, Says Trader appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Key points: Bitcoin joins a risk-asset rebound as US President Donald Trump said that Iran “wants to make a deal” after the ceasefire breakdown. Crypto short liquidations near $100 million over 24 hours. Traders see important BTC price levels coming as soon as the daily close. Crypto, stocks rise as Trump teases new Iran “deal” Data from TradingView showed BTC/USD rising back above $63,000, up by nearly 1.5% on the day. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US stocks were in the green across the board, helping to erase Wednesday’s downside as US President Donald Trump said that the Iran peace deal was “over.” “They called a little while ago; they want to make a deal so badly,” Trump subsequently said in comments quoted by tra
Institutional blockchain adoption via private networks could undermine Bitcoin's value by bypassing public chains, affecting its growth potential.
The post JPMorgan says Bitcoin’s real threat isn’t Strategy’s massive holdings, it’s blockchain adoption that skips public chains entirely appeared first on Crypto Briefing.
The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.
