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Cipher Mining Falls 9%, Bitmine Immersion Drops 6%: Is Bitcoin’s Price Move Punishing Crypto Mining Stocks?
Yahoo Finance· 2026-03-26 17:13
Quick Read Cipher Mining (CIFR) stock fell 9% and Bitmine Immersion Technologies (BMNR) shares slid 6%, amplifying a 3.5% Bitcoin decline because miners earn revenue denominated in Bitcoin, compressing earnings when crypto prices fall. Bitcoin’s price drop exposed the high-beta sensitivity of crypto mining stocks to asset prices, with geopolitical risk-off positioning pushing investors out of speculative equities and digital assets simultaneously. Have You read The New Report Shaking Up Retirement Pl ...
Cipher Mining Falls 9%, Bitmine Immersion Drops 6%: Is Bitcoin's Price Move Punishing Crypto Mining Stocks?
247Wallst· 2026-03-26 17:13
Cipher Mining Falls 9%, Bitmine Immersion Drops 6%: Is Bitcoin's Price Move Punishing Crypto Mining Stocks? - 24/7 Wall St. S&P 5006,524.40 -1.17% Dow Jones46,131.40 -0.74% Nasdaq 10023,801.60 -1.63% Russell 20002,501.82 -1.29% FTSE 1009,969.20 -1.46% Nikkei 22552,824.50 -1.93% Stock Market Live March 26, 2026: S&P 500 (SPY) Slips on Oil Again Investing Cipher Mining Falls 9%, Bitmine Immersion Drops 6%: Is Bitcoin's Price Move Punishing Crypto Mining Stocks? By David MoadelPublished Mar 26, 1:13PM EDT Q ...
Crypto Miners Are Losing Nearly $20,000 On Each Bitcoin Produced
Yahoo Finance· 2026-03-23 13:38
Crypto Miners Are Losing Nearly $20,000 On Each Bitcoin Produced Cryptocurrency miners are losing a growing amount of money on the Bitcoin (CRYPTO: $BTC) they produce.  Ongoing volatility and declining prices mean that crypto miners such as Riot Platforms (NASDAQ: $RIOT), MARA Holdings (NASDAQ: $MARA), and Hut 8 (NASDAQ: $HUT) are now losing $19,000 U.S. on each BTC they mint.  Checkonchain estimates that the average production costs for one Bitcoin currently stands at $88,000 U.S.  More From Cryptoprowl: ...
Bitfarms Shareholders OK Plan to Swap Shares Into New Delaware Parent Keel Infrastructure
Yahoo Finance· 2026-03-20 14:06
Bitfarms logo Key Points Shareholders approved a special resolution to exchange each existing Bitfarms common share for one share of common stock of newly incorporated Delaware entity Keel Infrastructure Corp., which will become Bitfarms’ ultimate parent. The arrangement was supported unanimously by the board and independent proxy advisers and passed on a preliminary count with 173,274,022 votes for and 1,173,232 against (approval required ≥ 66 2/3%). Management said the change is a key step in the ...
Bitcoin Price Plummets Along With Hash Rate Due To Energy Crisis, Remittix Draws In $30m In 2026 Top ICO
FinanceFeeds· 2026-03-19 10:00
Bitcoin Price Plummets Along With Hash Rate Due To Energy Crisis, Remittix Draws In $30m In 2026 Top ICO The Bitcoin Price is collapsing under pressure no one saw coming eighteen months ago. According to CoinDesk, the network hash rate dropped below 1 zettahash, settling near 920 EH/s as AI data centres outbid miners for electricity contracts. The conflict in the Middle East, which is driving oil prices higher, has pushed the BTC price to its lowest level since October, with BTC now trading below $72,000.I ...
Why US stock market surging today: Dow Jones, S&P 500, Nasdaq rise as Russell 2000 leads - PCE inflation data boosts Fed rate-cut hopes
The Economic Times· 2026-03-13 14:57
Economic Data and Market Reaction - The US stock market is rising due to the release of Personal Consumption Expenditures (PCE) inflation data, which is the Federal Reserve's preferred inflation gauge [1][3][4] - Headline PCE increased by 0.3% month-over-month, while Core PCE rose by 0.4% month-over-month, indicating stable inflation readings that reduce the risk of aggressive rate hikes [3][4] - The second estimate for U.S. GDP growth in Q2 was revised down to 0.7% quarter-over-quarter, suggesting a potential slowdown in the U.S. economy [5] Small-Cap Stocks Performance - The Russell 2000 index is leading the market rally, rising by 1.16%, as small-cap stocks tend to outperform when lower interest rates are anticipated [7][26] - Nearly 70% of U.S. stocks are trading higher, indicating broad market participation beyond just large-cap technology stocks [8][26] S&P 500 Index Reshuffle - An upcoming reshuffle of the S&P 500 index will add companies connected to data centers, optical networking, and computing infrastructure, reflecting the growing dominance of technology and AI-driven industries [11][15] - The reshuffle is expected to trigger significant trading volumes as index funds and ETFs rebalance their portfolios [15][24] Commodity Prices Impact - Oil prices remain elevated, with WTI crude at $94.48 per barrel and Brent crude at $96.02 per barrel, which can influence inflation expectations and Federal Reserve interest-rate decisions [20][27] - Gold prices have slightly declined to around $5,094 per ounce, indicating a rotation of funds from safe-haven assets back into equities as stock markets strengthen [17][27] Active Stocks in the Market - High-profile companies driving trading activity include NVIDIA, trading at $184.12 (+0.54%), Intel at $46.27 (+2.25%), and Micron Technology, which surged by 4.66% [21][22][27] - Other actively traded stocks include Nokia (+4.55%), MARA Holdings (+12.84%), and NIO (+5.14%), while Immutep Ltd. has dropped over 80% [23][27]
CleanSpark: 1.8 GW Of Power And An Asymmetric Buying Opportunity (NASDAQ:CLSK)
Seeking Alpha· 2026-03-11 16:31
Group 1 - The article focuses on CleanSpark (CLSK) and its potential in the cryptocurrency mining sector, particularly as it pivots towards AI technologies [1] - The author has a background in value investing since 2016 and established an investment firm, Libra Capital, in 2022, indicating a strong foundation in investment analysis [1] - The article serves as a preliminary research piece before making investment decisions, categorizing stocks into hold, sell, or long positions based on analysis [1] Group 2 - There is a disclosure stating that the author currently holds no positions in any mentioned companies but may initiate a long position in CLSK within the next 72 hours [2] - The article expresses the author's personal opinions and is not influenced by compensation from any company mentioned [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not represent the platform as a whole [3]
X @BSCN
BSCN· 2026-03-05 16:13
🔥HUGE: CORE SCIENTIFIC SECURES UP TO $1 BILLION FROM MORGAN STANLEY FOR AI PIVOTBitcoin miner Core Scientific lands massive funding deal to transition away from $BTC mining operations toward artificial intelligence infrastructure.Major shift as crypto mining companies seek new revenue streams. ...
MicroStrategy, Robinhood surge as Bitcoin nears $73K
Yahoo Finance· 2026-03-04 18:49
Group 1 - Bitcoin's price surged to $72,907.40, marking a 7.7% increase in 24 hours and nearing the $73,000 mark for the first time in nearly a month [1] - The rally in Bitcoin has positively impacted crypto-related equities, with major stocks experiencing double-digit gains [1][2] - Coinbase's shares rose by 13.51% to $207, while Robinhood's shares increased by 9.62% to $83.38, reflecting heightened trading activity and investor interest [2] Group 2 - Michael Saylor's Strategy (formerly MicroStrategy) saw a 9.72% increase, trading at $145.57, as it remains the largest publicly traded corporate holder of Bitcoin [3] - Crypto mining firms also benefited from the Bitcoin price increase, with Iren rising 11.04% to $43.12 [3] - Bitmine, which shifted from Bitcoin mining to an Ethereum treasury strategy, gained 9.79% to trade at $21.48 [4] Group 3 - The market rally is occurring amid rising geopolitical tensions related to the U.S.-Iran conflict, which has driven demand for safe-haven assets like Bitcoin [4] - Investors are increasingly turning to scarce assets during periods of geopolitical uncertainty, supporting both Bitcoin prices and crypto-related equities [4]
TeraWulf Misses Big on Q4 Earnings and Revenue
247Wallst· 2026-02-27 16:54
Core Insights - TeraWulf (WULF) reported a significant miss on Q4 earnings and revenue, with a loss of $0.28 per share and revenue of $35.84 million, which was 17% below expectations [1] - Despite the revenue miss, the company saw a 35% sequential increase in HPC lease revenue, reaching $9.70 million, indicating a strategic pivot towards high-performance computing [1] - TeraWulf secured $12.8 billion in contracted long-term revenue across 522 MW of HPC capacity, backed by Google credit, showcasing strong future revenue potential [1] Financial Performance - Q4 revenue was $35.84 million, a 2.3% year-over-year increase but a 17.71% miss on expectations [1] - The reported net loss for the quarter was $661.42 million, primarily due to a $429.79 million non-cash charge related to changes in fair value of warrants and derivatives [1] - Full-year 2025 revenue reached $168.46 million, reflecting a 20% year-over-year growth [1] Strategic Outlook - CEO Paul Prager emphasized the company's aggressive growth strategy, entering 2026 with 522 MW of contracted HPC capacity and a multi-regional platform designed for long-term expansion [1] - Key capacity delivery milestones are scheduled throughout 2026, with significant revenue contributions expected from design optimizations on upcoming projects [1] - All 12 analysts covering TeraWulf maintain a buy rating, with a consensus price target of $23.56, indicating strong market confidence despite recent performance [1]