X @CoinDesk
CoinDeskยท2025-08-22 13:45
Mining Industry Overview - Hash price significantly decreased to $55/PH/day [2] Company Specific Updates - TeraWulf's market capitalization reached $36 billion after Google deal [2] - Google increased its stake in TeraWulf (WULF) to 14% [1] - Applied Digital announced a 280MW data center expansion in North Dakota [1][2] - Riot divested its stake in Bitfarms, reducing it to below 5% [1][2] - MicroStrategy altered its share dilution guidance rules [1][2] Cryptocurrency & Memecoin - Kanye West's Yeezy Money memecoin launched on Solana [1] - Yeezy coin briefly achieved a $2 billion market capitalization [2]