- Bitcoin treasury as of September 30, 2025 valued at $34.7 million or $2.24 per share1 TAMPA, Fla., Oct. 08, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended September 30, 2025. MetricAugust 2025September 2025- Bitcoin2  - Mined, net5.85.9- Sold(9.0)(12.5)- Purchased164-- Service Fee-(0.1)- Bitcoin HODL311.2304.5- Machi ...

MARA Holdings, Inc. (NASDAQ: MARA) reported a 5% increase in Bitcoin blocks won during September, with its mining operations generating 736 BTC, a 4% month-over-month increase. The company’s management attributed its improved performance to operational consistency despite a 9% rise in global hashrate and mining difficulty in its maximums. MARA’s energized hashrate climbed 1% to reach 60.4 EH/s, marking incremental progress in its capacity expansion efforts. “This growth in production underscores our ab ...

Canaan (CAN) announced in a press release that it has secured a U.S. purchase order for more than 50,000 Avalon A15 Pro bitcoin mining machines, marking the company’s largest single order over the past three years. The units are slated for delivery in Q4 2025. CAN shares surged over 20% in early morning trading hours. Get these headlines directly to your inbox: subscribe to Blockspace. Nangeng Zhang, chairman and CEO of Canaan, said the milestone order “reflects the robust resurgence of the U.S. market.” ...

(Corrects 14th paragraph to say Auren Energia is controlled by two different companies, not a joint venture.) By Leticia Fucuchima SAO PAULO (Reuters) -Crypto mining companies are actively negotiating contracts with Brazilian electricity providers, such as Renova Energia, that would benefit from the South American country's surplus renewable power without burdening the grid during peak times. Following crypto heavyweight Tether, which announced in July an investment in the South American country, there ...

Kentucky Sen. Brandon Smith (R-Hazard) is facing two separate legal cases related to a Bitcoin mining repair business he founded in Letcher County, Kentucky. Smith is the CEO and co-founder of Mohawk Energy, which in 2022 pivoted from coal cleanup operations to ASIC repair and other Bitcoin mining services. Local outlet, Lexington Herald Leader, reports that Ricky Dale Cole sued Smith in Letcher Circuit Court in January, accusing the lawmaker of misrepresenting the value of Mohawk Energy. Cole claims th ...

Accessibility StatementSkip Navigation LOS ANGELES, Sept. 30, 2025 /PRNewswire/ -- Thumzup Media Corporation ("Thumzup" or the "Company") (Nasdaq: TZUP), a digital asset accumulator and advertising industry disruptor, announced today that it has provided DogeHash Technologies Inc. ("DogeHash") with a $2.5 million loan. The funds are expected to expand DogeHash's Dogecoin mining capacity and accelerate deployment of its next-generation ASIC miners. This press release contains certain forward-looking statemen ...

By Leticia Fucuchima SAO PAULO (Reuters) -Crypto mining companies are actively negotiating contracts with Brazilian electricity providers, such as Renova Energia, that would benefit from the South American country's surplus renewable power without burdening the grid during peak times. Following crypto heavyweight Tether, which announced in July an investment in the South American country, there are at least six negotiations for small and medium-sized enterprises, as well as one for a larger project of up ...

Core Insights - The rapid shift from GPUs to ASICs in cryptocurrency mining illustrates how quickly hardware leadership can change in a maturing market [2][8] - Nvidia has been the primary beneficiary of the AI boom, but the emergence of custom AI chips poses a significant threat to its dominance [5][11] ASICs and AI - ASICs are being developed for AI workloads, similar to their previous application in cryptocurrency mining, where they outperformed GPUs in efficiency and cost [3][6] - Major tech companies like Alphabet, Amazon, Meta Platforms, and OpenAI are investing in custom AI chips to reduce costs and reliance on Nvidia [6][7] Market Dynamics - The shift towards inference in AI workloads is changing the competitive landscape, as Nvidia's advantages in training may not apply to inference [7][12] - The total cost of ownership and cost per inference are becoming critical factors for hyperscalers, which could impact Nvidia's sales [7][11] Historical Context - The transition from GPUs to ASICs in Bitcoin mining occurred rapidly due to compelling economics, raising concerns about a similar shift in the AI sector [8][13] - While GPUs remain relevant for evolving AI workloads, the increasing focus on custom AI chips suggests a potential loss of market share for Nvidia [12][13] Strategic Moves - Nvidia's $100 billion investment partnership with OpenAI aims to secure its position in the market, as OpenAI develops its own AI ASICs [10][11] - The flexibility of GPUs allows them to adapt to new AI techniques, but the threat from custom chips is significant [9][12]

Core Viewpoint - Riot Platforms, Inc. is a significant player in the cryptocurrency mining industry, focusing on Bitcoin mining and aiming to enhance efficiency and output through technological advancements and strategic expansions [1] Company Performance - Roth Capital upgraded Riot Platforms to a "Buy" rating on September 24, 2025, increasing the price target from $17.50 to $42, indicating strong confidence in the company's future performance [2] - Despite a recent stock price decrease of 2.41% to $17.08, RIOT's stock has surged by 31.78% over the past month, outperforming the Finance sector's 2.06% gain and the S&P 500's 3.64% increase [3] - The current stock price is $17.99, reflecting a 5.39% increase, with a daily trading range between $17.78 and $20.13 [3] Earnings Expectations - Analysts predict earnings of -$0.19 per share for the upcoming earnings report, representing a 64.81% year-over-year growth [4] - The consensus estimate for revenue is $165.66 million, indicating a substantial 95.38% increase from the same quarter last year, suggesting significant progress in financial performance [4] Market Metrics - Riot Platforms has a market capitalization of approximately $6.65 billion, with a trading volume of 58.69 million shares [5] - The stock has experienced a 52-week high of $20.13 and a low of $6.19, reflecting the volatility and growth potential within the cryptocurrency mining sector [5]

RT BSCN (@BSCNews)🚨 TRUMP JR.-LINKED THUMZUP MEDIA MAKES A BIG DOGE MOVE!Nasdaq-listed firm adds millions in $DOGE and plans 3,500 mining rigs by year-end. Details 👇https://t.co/qQRxjMevK2 ...