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Bitcoin

All articles tagged with #bitcoin

Bitcoin miners rally as Terawulf inks $19B AI data-center deal with Anthropic
business4 days ago

Bitcoin miners rally as Terawulf inks $19B AI data-center deal with Anthropic

Terawulf signs a 20-year lease with Anthropic to build a ~401 MW AI data-center campus at Justified Data in Hawesville, KY, potentially generating about $19 billion in revenue, sending Bitcoin mining stocks higher (including Terawulf, IREN, Hut 8, Cipher Digital) as the company pivots toward AI infrastructure; concurrently, Terawulf agrees to sell its 50.1% stake in the Abernathy Joint Venture to a Fluidstack-led group for roughly $450 million, monetizing its investment with first-phase online in late 2027 and full capacity by early 2028.

MicroStrategy Bitcoin Selloff Rumor Fails to Move Markets
markets6 days ago

MicroStrategy Bitcoin Selloff Rumor Fails to Move Markets

Unconfirmed on-chain data suggested MicroStrategy moved 491 BTC on July 1, fueling rumors of a new sale, but there is no SEC filing or confirmation from Michael Saylor; Bitcoin shrugged off the rumor and rose above $61,800 by July 3, indicating demand currently outweighs concerns while MicroStrategy had authorized up to $1.25 billion in tactical BTC sales and had previously sold 32 BTC in May.

Bitcoin Stabilizes Near $61k as Soft Jobs Data Dims Rate-Hike Bets
business7 days ago

Bitcoin Stabilizes Near $61k as Soft Jobs Data Dims Rate-Hike Bets

Bitcoin and ether held gains above $61,000 and $1,700 respectively after a softer-than-expected US payrolls report cooled expectations for further Fed tightening, with U.S. spot Bitcoin ETFs logging inflows and risk appetite returning. The data blurred a clear dovish signal amid mixed wage data and the upcoming CPI/PPI prints, leaving near-term volatility and a potential shift in rate expectations as the key driver.

Ross Gerber Ties Trump's $1B Crypto Windfall to Bitcoin's Decline
business9 days ago

Ross Gerber Ties Trump's $1B Crypto Windfall to Bitcoin's Decline

Renowned investor Ross Gerber links President Trump's reported $1B in crypto profits to Bitcoin's slump, saying 'the grift is real' and that Trump's windfall—over $1B in his first year via cryptocurrency ventures, including about $635M in royalties from the TRUMP memecoin and activity through World Liberty Financial—helps explain why Bitcoin 'went down and isn't going anywhere.' The piece notes political backlash and growing calls for crypto regulation, while BTC trades near $60,100 after a recent move.

Trump Reveals $1.2B Crypto Windfall, $50M in Bitcoin Holdings
politics9 days ago

Trump Reveals $1.2B Crypto Windfall, $50M in Bitcoin Holdings

U.S. Ethics officials’ 2025 financial disclosure shows President Trump earned more than $1.2 billion from crypto ventures, including over $50 million in Bitcoin and between $5 million and $25 million in Ethereum, plus about $635 million from royalties tied to the TRUMP meme-coin on Solana and more than $588 million from World Liberty Financial token sales. The figures renew scrutiny from Democrats and fuel debate over crypto regulation and ethics language that would bar presidential involvement in crypto-related businesses, as lawmakers push the Clarity Act.

Trump's Crypto Windfall: Over $1.2B Earned, Bitcoin Holdings Surpass $50M
business10 days ago

Trump's Crypto Windfall: Over $1.2B Earned, Bitcoin Holdings Surpass $50M

President Trump's 2025 financial disclosure shows more than $1.2 billion in crypto earnings, including over $50 million in Bitcoin and $5–$25 million in Ethereum, plus about $635 million from royalties tied to a TRUMP meme coin on Solana and $588 million from World Liberty Financial token sales, highlighting the scale of his crypto ventures and stoking regulatory debate.

Strategy Overhauls Bitcoin Strategy, Plans Sales and Buybacks to Strengthen Reserves
business10 days ago

Strategy Overhauls Bitcoin Strategy, Plans Sales and Buybacks to Strengthen Reserves

The Bitcoin-treasury company Strategy (MSTR) is revamping its long-standing Bitcoin strategy to shift from a one-way capital approach to active capital management amid a crypto downturn. It plans to sell up to $1.25 billion of Bitcoin to fund a five-part framework: a US dollar reserve policy, a revised preferred-stock policy, a digital credit securities repurchase program, a common stock repurchase program (up to $1 billion), and a Bitcoin monetization program. The board will require reserves equal to at least one year of preferred-dividend payments, enabling up to $1 billion in preferred stock repurchases and up to $1 billion in common stock buybacks. With about $2.55 billion in USD reserves today, the sale could lift total reserves to roughly $3.8 billion, providing a cushion for dividends and interest. Strategy owns about 3% of all outstanding Bitcoin, and CEO Phong Le says the changes aim to create shareholder value through more flexible capital management.

Strategy Rebounds on New Bitcoin Capital Framework
business10 days ago

Strategy Rebounds on New Bitcoin Capital Framework

Strategy (MSTR) snapped a nine-day losing streak after unveiling a Digital Credit Capital Framework that could allow selling up to $1.25 billion of Bitcoin to fund its cash reserves (expanded to $2.55 billion), payouts on Stretch (STRC), and debt management; analysts praised the framework as a robust, direct answer to investor concerns, sending the stock up about 12.6% to $92.68, while the company holds 847,363 Bitcoin with roughly $13.1 billion in unrealized losses.

MicroStrategy’s Bitcoin Bet Faces Breaking Point as Leverage Grows
business11 days ago

MicroStrategy’s Bitcoin Bet Faces Breaking Point as Leverage Grows

MicroStrategy’s bitcoin-treasury strategy has hit a breaking point: enterprise mNAV fell to 0.99, meaning its total debt and perpetual stock now exceed its bitcoin holdings and threaten future financing. In a bear market, rising leverage and weaker bitcoin prices have exposed the model’s risks, with analysts predicting further downside to around $50k–$20k and possible bitcoin liquidations if needed. The firm’s famed “never sell” stance has softened as Saylor acknowledges potential sales to shore up the balance sheet.

Saylor hints at further BTC buys as MicroStrategy stock slides
markets12 days ago

Saylor hints at further BTC buys as MicroStrategy stock slides

MicroStrategy shows 847,363 bitcoin worth about $50.9 billion as of June 28, 2026, with an average cost of $75,653 per BTC across 113 buys, signaling continued accumulation despite a slump in MSTR as concerns over funding and dividend obligations mount; Saylor indicated more data points and buying could be coming, while the treasury reportedly still covers roughly 10 months of payouts.

TMZ Chief Offered Bitcoin ransom to chase Guthrie kidnapping leads, FBI allegedly ghosted him
us-news12 days ago

TMZ Chief Offered Bitcoin ransom to chase Guthrie kidnapping leads, FBI allegedly ghosted him

TMZ founder Harvey Levin says he was prepared to pay one bitcoin (about $60,000) to a ransom-note writer claiming to know Nancy Guthrie’s abductors and to follow the money to the suspects, after repeatedly hearing from the source. The FBI reportedly promised to follow up but then went quiet, later asking TMZ to stand down from pursuing a documentary. Levin questions the informant’s credibility while Guthrie remains missing with no public suspects nearly five months later.

Grantham Predicts Crypto’s Quiet Fade; Bitcoin Lacks a Real Store of Value
business13 days ago

Grantham Predicts Crypto’s Quiet Fade; Bitcoin Lacks a Real Store of Value

Billionaire investor Jeremy Grantham calls crypto “useless” and forecasts Bitcoin and other cryptocurrencies will dwindle away “with a whimper,” arguing they aren’t reliable stores of value or practical for everyday use, even as he sees potential for blockchain rails; he notes Bitcoin’s volatility and a steep drawdown from its all‑time high, contrasting it with gold’s gains.

Grantham Predicts Bitcoin's Slow Fade Over Decades
business14 days ago

Grantham Predicts Bitcoin's Slow Fade Over Decades

Billionaire investor Jeremy Grantham argues bitcoin has no intrinsic value and is a worthless, speculative asset, predicting it will gradually fade away over decades rather than explode or crash. He contrasts it with gold’s steady gains and notes its lack of real-world utility, suggesting its current pullback—from around $60,000 and about 52% off its October peak—could continue as it proves unable to justify its value in practical use.

Trump Drives Quantum Readiness Push to Safeguard Crypto Future
technology18 days ago

Trump Drives Quantum Readiness Push to Safeguard Crypto Future

President Trump signed two executive orders to accelerate U.S. quantum computing development and move the federal government to quantum-resistant encryption, aiming for a 'scientifically relevant' quantum computer by 2028 and mandating a shift to post-quantum cryptography by end-2031, with pilots at NIST and DOE facilities and increased cyber-security protections; the policy aligns with crypto industry preparations for a quantum era and the risk Bitcoin faces from quantum attacks.