Bitcoin mining isn’t a sustainable business anymore, and industry participants are slowly stepping away. The process of validating transactions and securing the network by solving complex cryptographic puzzles to earn new Bitcoins is no longer sustainable. Higher network difficulty, reduced block rewards after the halving, and unstable energy costs have squeezed profitability across the sector. It has turned into a capital-heavy competition. Today’s large-scale miners must invest aggressively in infras ...

Tether purchased $42 million worth of Bitdeer (NASDAQ: BTDR) shares last week, increasing its total stake to 20.1% at a time when the miner’s stock fell 18% amid a broader market downturn. Via its investment subsidiaries, Tether now holds 38,356,531 shares in the bitcoin miner, up from 32,244,062 shares at the end of November 2025. The largest transaction occurred Thursday, with Tether buying 3.7 million shares as the stock traded near its lowest levels since April 2025. Tether took its first stake in Bit ...

Bitdeer Technologies is attempting to soothe investors after revealing it had liquidated its remaining Bitcoin holdings over the weekend. As of February 20, the Singapore-based Bitcoin miner holds zero Bitcoin on its balance sheet after it sold reserves of 943 Bitcoin, worth almost $62 million at current prices. “Our decision to sell Bitcoin should not be a concern for the broader market,” Bitdeer said in a Monday X post. “We are currently evaluating multiple non-binding powered land acquisition opport ...

（来源：吴说） 吴说获悉，比特币矿企 Bitdeer（纳斯达克代码：BTDR）宣布拟通过私募方式发行本金总额为 3 亿美 元、2032 年到期的可转换优先票据，并计划向初始购买者授予最高 4500 万美元的额外购买期权。本次 发行的部分净收益将用于支付上限期权交易（Capped Call）成本，以及回购部分 2029 年到期的 5.25% 可转债。剩余资金将主要用于数据中心扩张、高性能计算（HPC）和 AI 云业务扩展、ASIC 矿机研发 与制造，以及营运资金和其他一般企业用途。 ...

Bitdeer Technologies Group (NASDAQ:BTDR) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in. Roth Capital is Bullish on Bitdeer Technologies Group (BTDR) Bitdeer Technologies Group (NASDAQ:BTDR) is among the Best Bitcoin Stocks.   On February 13, Darren Aftahi of Roth Capital decreased Bitdeer Technologies Group (NASDAQ:BTDR)'s price target from $40 to $30. The analyst maintained a Buy rating, noting "some puts and takes" on the earnings call and mixed Q4 results. The corporation expressed ...

In this article, we will discuss: 11 Best Bitcoin and Blockchain Stocks to Invest In.Bitcoin plummeted below $61,000 on February 5, reversing all gains since US President Donald Trump’s election in November 2024, as reported by Reuters on February 7, 2026. The decline was caused by limited liquidity and financial turmoil. This marked its lowest level since a month before the election. Following a record-breaking October price spike above $125,000, prices have now dropped by almost 20% before rising above $7 ...

Core Insights - Bitdeer Technologies Group reported significant revenue growth in Q4 2025, with a year-over-year increase of 225.8% to $224.8 million, driven by self-mining and AI infrastructure initiatives [4][7] - Despite the revenue surge, gross profit fell to $10.6 million, reflecting a gross margin of 4.7%, down from 24.1% in the previous quarter, primarily due to lower Bitcoin prices, increased electricity costs, and a change in depreciation methodology [3][7] Financial Performance - The company posted an adjusted EBITDA of $31.2 million for Q4 2025, down from $39.6 million in Q3 2025 [3] - Self-mining revenue reached $168.6 million, significantly up from $41.5 million in Q4 2024 and $130.9 million in Q3 2025, attributed to a higher average operating hash rate [8] - Bitdeer reported a net operating cash outflow of $599.5 million, driven by supply chain costs, electricity expenses, and corporate overhead [5][17] Operational Developments - Bitdeer is expanding its self-mining capacity, exiting 2025 with over 55 EH/s and reaching over 63 EH/s in January 2026 [6][9] - The company commenced mass production of the SEALMINER A3 series and plans to begin production of SEAL04-1 in Q1 2026, with a focus on improving energy efficiency [10][12] - Bitdeer is prioritizing colocation services for AI and HPC at larger sites, with over 1.66 GW of capacity online and a total pipeline of 3 GW [12][14] Strategic Focus - The firm is pivoting towards AI/HPC colocation and GPU-as-a-Service, with plans to expand its cloud platform in Malaysia and the U.S. [5][14] - Management emphasized that significant U.S. GPU deployments will be backed by committed revenue from enterprise contracts, avoiding speculative capacity [15] - The company plans to switch to GAAP reporting in Q1 2026, moving away from IFRS [20]

Core Insights - Bitdeer Technologies Group reported a significant increase in self-mined Bitcoin, reaching 668 coins, which represents a year-over-year growth of 430% [1] - The total Bitcoin holdings of the company have reached 1,530 coins [1] - The self-mining hash rate has achieved 63.2 EH/s, with ongoing deployment of SEALMINER mining machines and a gradual phase-out of outdated third-party models [1]

Core Viewpoint - Cango (CANG) has sold 4,451 BTC for approximately $305 million to reduce leverage and pivot towards artificial intelligence infrastructure, indicating a strategic shift in its business model [1][2][3]. Group 1: Financial Performance - The sale of BTC raised about $305 million, with an average sale price of around $68,524 per coin, which is close to multi-year low prices for bitcoin [1]. - Cango used the proceeds from the BTC sale to pay down a bitcoin-collateralized loan, thereby strengthening its balance sheet [3]. - The company still holds 3,645 BTC valued at over $250 million, according to BitcoinTreasuries [3]. Group 2: Strategic Shift - Cango plans to transition into AI computing infrastructure by deploying modular GPU units across its global network of over 40 sites to cater to small and mid-sized businesses requiring on-demand AI inference capacity [2]. - The company aims to address the gap between rising compute demand and existing grid capacity, positioning itself to capitalize on this opportunity [4]. - Other bitcoin miners are also shifting focus from pure mining to AI data centers and high-performance computing, indicating a broader industry trend [4]. Group 3: Industry Context - Bitfarms (BITF) has announced plans to exit crypto mining entirely by around 2027, transitioning to high-performance computing and AI workloads [5]. - Analysts at KBW have noted that while the industry's pivot towards AI workloads is compelling, there are significant execution risks involved, leading to downgrades for companies like Bitfarms, Bitdeer (BTDR), and Hive Digital (HIVE) [5].

Bitcoin mining stocks faced a sea of red Monday as a sharp decline in cryptocurrency prices collided with analyst skepticism regarding the sector’s expensive transition to AI. Stock prices have dropped alongside bitcoin’s 10% correction over the last week despite a flurry of announcements regarding data center expansions. HIVE dropped 8.2% to $2.56 on Monday’s open. The miner recently announced plans to grow its Paraguay operations by 100 megawatts in 2026 and launched a new high-performance computing b ...