When your entire corporate game plan and the investor base you’ve cultivated revolves around the rising price of bitcoin, a 35% tumble in a month is cause for alarm.Read more: https://t.co/n5cPL7QSGs https://t.co/1UopLV8zDd ...

RT Bitcoin Magazine (@BitcoinMagazine)#Bitcoin was 40 years of work. https://t.co/BMzygSP5BF ...

Kraken unveiled a Bitcoin rewards Mastercard debit card that links to its peer-to-peer payments app, Krak. https://t.co/muKBpSCHpO ...

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]

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]

#Bitcoin was 40 years of work. https://t.co/BMzygSP5BF ...

You can catch Trader Talk on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The crypto markets may be wobbling, but the real story is what comes next. On this episode of Trader Talk, Kenny Polcari sits down with Mo Shaikh, former Aptos Labs co-founder and a key voice in US digital asset policy, to break down bitcoin’s volatility, the rise of stablecoins, and how AI and blockchain are converging. Shaikh explains how institutional adoption, new US regulation, and AI-driven financial auto ...

Texas Becomes First American State to Buy Bitcoin https://t.co/YQ7JYbAcRE ...

CORRECTION: Texas purchased $5 million on November 20th.$10M is allocated from a budget perspective.https://t.co/hzJWsv3V3xLee ₿ratcher (@lee_bratcher):CORRECTION: Texas purchased $5M on Nov. 20th. $10M is allocated from a budget perspective. ...

🇺🇸 NEW: The President of the Texas Blockchain Council has announced that Texas has become the first "state to purchase Bitcoin" with an investment of $10M on Nov 20th. https://t.co/SYJyktJ7ds ...