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Cathie Wood buys more of Wall Street veteran's stock
Yahoo Finance· 2025-11-07 22:28
Core Insights - Cathie Wood continues to invest in crypto stocks despite market downturns, showing confidence in disruptive technology sectors like digital assets and AI [1] - ARK Invest has increased its stake in Bitmine Immersion Technologies, acquiring 240,507 shares valued at approximately $9.2 million [4] - Bitmine holds 3.31 million ETH worth over $11 billion and aims to capture 5% of the total Ether supply, making it the second-largest crypto treasury [5] Company Specifics - Bitmine Immersion Technologies is chaired by Tom Lee and is recognized as a leading Ethereum treasury firm [2] - ARK Invest's initial investment in Bitmine was in July, which Wood described as a "vote of confidence" in the Ether proxy [4] - Despite a 35% decline in BMNR stock value over the past month, ARK's recent acquisition indicates ongoing confidence in Bitmine's future prospects [6] Market Performance - BMNR stock experienced a 7% drop to close at $37.37 but rebounded over 4% to trade at $38.94 the following day [5] - ARK Invest holds significant shares across multiple funds: 167,348 in ARKK, 48,361 in ARKW, and 24,798 in ARKF [8]
Mawson Infrastructure Group Inc. Announces Lease Extension For Its Bellefonte, PA Facility
Globenewswire· 2025-11-07 20:05
Core Insights - Mawson Infrastructure Group Inc. has extended the lease for its mining facility in Bellefonte, PA, for an additional five years, now set to end on December 31, 2030, indicating a commitment to ongoing operations and potential growth at the site [1][2]. Company Overview - Mawson is a U.S.-based technology company focused on designing, building, and operating next-generation digital infrastructure platforms that cater to sectors such as artificial intelligence (AI), high-performance computing (HPC), and digital assets, including Bitcoin mining [3]. - The company operates both self-mining and colocation/hosting services for enterprise customers, utilizing a vertically integrated infrastructure model aimed at scalability and efficiency [3]. Strategic Focus - A key aspect of Mawson's strategy is the use of carbon-free energy resources, including nuclear power, to ensure environmentally sustainable operations while supporting the growth of the digital economy [4]. - Mawson currently has 129 megawatts of capacity online, with additional capacity under development, positioning itself as a competitive provider of carbon-aware digital infrastructure solutions [4].
X @Wu Blockchain
Wu Blockchain· 2025-11-07 06:54
Michael Saylor: Bitcoin's Institutional Acceptance Ushers in a New Growth CycleIn an interview with CNBC on October 29, MicroStrategy founder Michael Saylor described the past 12 months as "the most positive year in crypto history". From the White House to Congress, major U.S. regulatory bodies are redefining the role of digital assets: the White House recognizes Bitcoin as "digital gold", the SEC is promoting the tokenization of securities, the Treasury Department is embracing stablecoins, and the new head ...
X @BitMart
BitMart· 2025-11-06 22:27
Proud to share that BitMart Global CEO Nenter (Nathan) Chow @50Nent has joined the Forbes Business Council!This invitation-only community brings together top business leaders and innovators. Nenter’s inclusion reflects BitMart’s commitment to advancing financial inclusion and bridging traditional and decentralized finance through digital assets and AI-driven innovation.🔗 Learn more: https://t.co/JqsEcQdalk ...
Morgan Stanley sees 34% upside for Galaxy Digital amid AI and crypto tailwinds
Invezz· 2025-11-06 19:08
Core Viewpoint - Galaxy Digital has received a positive outlook from Morgan Stanley, highlighting the company's potential for growth as it enhances its focus on artificial intelligence and digital assets [1] Group 1 - Morgan Stanley sees significant upside for Galaxy Digital, indicating strong market confidence in the company's strategic direction [1] - The endorsement reflects a broader trend in the industry where companies are increasingly integrating AI with digital asset management [1]
Bullish releases October 2025 monthly metrics
Businesswire· 2025-11-06 11:45
Core Insights - Bullish, an institutionally focused global digital asset platform, released its monthly metrics for October 2025, highlighting trading volumes and market performance for Bitcoin and Ethereum [1][2]. Monthly Metrics Summary - **Trading Volume**: - Total Spot Trading Volume for October 2025 reached $77.5 billion, with Bitcoin at $38.2 billion, Ethereum at $15.1 billion, and stablecoins at $19.6 billion [6]. - The total trading volume, including perpetual contracts, was $80.5 billion [6]. - **Average Trading Spread**: - The average trading spread for spot trading was 1.75 basis points in October 2025, showing a decrease from previous months [8]. - **Volatility**: - Monthly average volatility for Bitcoin was 38%, while Ethereum's volatility was 58% in October 2025 [8]. Company Overview - Bullish operates a regulated digital asset platform providing market infrastructure and information services, including a digital assets exchange and market data analytics [3][4]. - The company is regulated in multiple jurisdictions, including the United States, European Union, and Hong Kong [3]. Additional Information - Investors can access detailed monthly metrics and other relevant information through Bullish's Investor Relations website [5][11]. - The company plans to release its financial results for the third quarter of 2025 on November 19, 2025 [16].
Hyperscale Data Announces Estimated Total Assets and Net Assets per Share of $1.02 and $0.47, Respectively, as of October 31, 2025
Prnewswire· 2025-11-06 11:00
Core Insights - Hyperscale Data, Inc. has an estimated total asset value of $330 million, with cash and Bitcoin holdings of $122 million representing 37% of total assets and 97% of the company's market capitalization [1][2][3] Financial Position - As of October 31, 2025, the estimated net assets of the company are $150 million, equating to approximately $0.47 per share of Class A common stock [1] - The company has reduced its outstanding debt obligations by over $30 million year-to-date and invested $16 million in upgrading its Bitcoin mining fleet with 4,092 next-generation Bitmain S21+ miners [2][4] Market Valuation - Hyperscale Data's common stock has recently traded below $0.35 per share, which the company believes does not reflect its underlying asset value or growth potential [3][4] - The company anticipates that its Bitcoin holdings will exceed $100 million within the next quarter [4] Strategic Direction - The company is focused on expanding its Bitcoin treasury and building AI-optimized data center infrastructure [4] - Hyperscale Data expects to divest its subsidiary Ault Capital Group, Inc. in the second quarter of 2026, which will allow it to concentrate on high-performance computing services and digital asset holdings [7]
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
Yahoo Finance· 2025-11-05 21:24
Robinhood (HOOD) on Wednesday reported a 339% year-over-year increase in third-quarter crypto trading revenue, extending momentum from earlier this year as the trading app leans deeper into digital assets and global markets. The company handled $80 billion in crypto trading volume during the quarter, posting $268 million in crypto-related revenue, up from $61 million in the same quarter last year. Adjusted earnings per share (EPS) came in at $0.61 against Street estimates for $0.53; total net revenue reac ...
X @Bloomberg
Bloomberg· 2025-11-05 19:30
The crypto lending sector continued its rebound through the third quarter, with the amount of loans delivered setting a fresh record just as digital-asset prices were soaring to all-time highs https://t.co/Ux1lo4bJjn ...
X @Chainlink
Chainlink· 2025-11-05 16:01
Partnerships & Integrations - S&P Dow Jones Indices and DinariGlobal have selected Chainlink as the official oracle provider for the S&P Digital Markets 50 Index [1] - The integration on Avalanche includes Chainlink Price Feeds and SmartData (including Proof of Reserve, NAVLink, and SmartAUM) [1] - Plans include integrating Data Feeds and the Automated Compliance Engine (ACE) [1] Index & Data Provision - Chainlink will power official index values and live token prices for the S&P Digital Markets 50 Index [1] - Chainlink will deliver critical pricing data and official index values to DeFi platforms supporting the S&P Digital Markets 50 [2] Index Composition - The S&P Digital Markets 50 Index is the first tokenized benchmark combining U S equities and digital assets [2]