According to a company statement released Wednesday, American Bitcoin Corp., the Trump family-backed Bitcoin miner, posted a net loss of $82 million in the first quarter, compared with $59 million in the fourth quarter. Revenue declined approximately 20% to $62 million, reflecting lower average

According to The Block, Core Scientific acquired Polaris DS LLC for approximately $421 million today (May 6), securing a 440-megawatt power contract with Oklahoma Gas & Electric to expand its AI and high-performance computing hosting business. The Polaris facility, located in Oklahoma and

According to CleanSpark's unaudited April operational data released on May 6, the bitcoin miner sold 748 BTC during the month, reducing its total holdings to 13,453 BTC. The company mined 640 BTC in April but divested more than it

According to Minerstat data aggregated by BlockBeats, Zcash's network hashrate reached approximately 13.5 GSol/s on May 6, up 5%-8% from around 12.5-13.0 GSol/s a month ago. The current hashrate level indicates the network maintains high security while demonstrating stable miner

According to The Block, Bitcoin miner Cipher Digital posted a net loss of $114 million in Q1 2026, nearly doubling from $39 million in Q1 2025. Mining revenue fell to $35 million from $49 million, while the company's Bitcoin holdings declined in value from $125 million to $76 million. CEO Tyler

According to The Block, Cipher Digital posted a net loss of $114 million in Q1 2026, more than double the $39 million loss from Q1 2025, as the bitcoin miner accelerates its pivot to AI infrastructure. Bitcoin mining revenue fell to $35 million from $49 million year-over-year. The company signed its

According to BlockBeats, on May 5, Jacob Smagula, a policy researcher with crypto industry background, joined the team of U.S. Representative Ritchie Torres to work on digital assets legislation through the American Innovation Project (AIP). Smagula previously worked in government affairs at

According to Forbes, Bitcoin mining company GoMining announced on May 5 the launch of GoBTC, a payment protocol designed to leverage its mining pool's block production capacity (approximately 2-4 blocks daily) to settle transactions directly on the Bitcoin mainchain. The system aims to reduce

Bitcoin miner Riot's shares jumped 8% following an expansion of its AMD data center deal. The expanded agreement and improved financing terms reflect Riot's strategic pivot away from bitcoin mining toward growing its data center business, strengthening investor confidence in the