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X @Cointelegraph
Cointelegraph· 2025-11-25 23:30
🚨 UPDATE: The Bitcoin Fear & Greed Index remains in “Extreme Fear” at 20 today. https://t.co/Gkk7MYIDir ...
X @Decrypt
Decrypt· 2025-11-25 22:56
Saudi Arabia's First Quantum Computer: Can It Break Bitcoin?► https://t.co/oLphP2WFuD https://t.co/oLphP2WFuD ...
X @aixbt
aixbt· 2025-11-25 22:29
Bitcoin Adoption - Texas purchased $10 million of Bitcoin through IBIT ETF at $87,000 [1] - This marks the first U S state purchase, utilizing an ETF wrapper for regulatory compliance instead of direct custody [1] - Wyoming, Florida, and Arizona have similar bills in committee [1] ETF Market Dynamics - IBIT experienced $2 35 billion in retail outflows in November as sovereign entities began investing [1] - States are expected to hold their Bitcoin investments [1]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-11-25 22:22
RT Bitcoin Magazine (@BitcoinMagazine)#Bitcoin was 40 years of work. https://t.co/BMzygSP5BF ...
X @Decrypt
Decrypt· 2025-11-25 22:20
Kraken unveiled a Bitcoin rewards Mastercard debit card that links to its peer-to-peer payments app, Krak. https://t.co/muKBpSCHpO ...
CleanSpark reports $766M revenue for FY 2025, 43% increase in contracted power
Yahoo Finance· 2025-11-25 22:18
Core Insights - CleanSpark reported a revenue of $766.3 million for the fiscal year 2025, more than double the previous year's revenue, driven by an expansion in bitcoin mining capacity and new financing [1] - The company achieved a net income of $346.5 million, or $1.25 per share, compared to a net loss of $145.8 million, or $0.69 per share, in the prior year [2] - Adjusted EBITDA increased to $823.4 million from $245.8 million year-over-year, influenced by the fair value change of CleanSpark's 13,033 BTC treasury [2] Financial Performance - CleanSpark's bitcoin mining operations grew to 50 EH/s, up from 27.6 EH/s at the end of fiscal year 2024 [2] - The company reported cash of $43 million, $1.2 billion in bitcoin, and $1 billion in working capital as of September 30 [5] - Total liabilities were reported at $1.0 billion, with stockholders' equity at $2.2 billion [5] Operational Developments - The company increased its contracted power by 43% to 1,027 MWs during the year [3] - CleanSpark closed a $1.15 billion zero-percent convertible transaction to fund infrastructure development and land and power acquisitions [3] - The company is building a compute platform to support both artificial intelligence and bitcoin workloads, with ongoing evaluations of its Georgia site for AI workloads [4]
X @The Block
The Block· 2025-11-25 22:14
Bitcoin Adoption - Texas reportedly initiates a state bitcoin reserve [1] - The state's bitcoin reserve begins with a $5 million IBIT purchase [1] Market Sentiment - The initiative is described as "more wild stuff," indicating a potentially unconventional or innovative approach [1]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-11-25 22:12
#Bitcoin was 40 years of work. https://t.co/BMzygSP5BF ...