Bitcoin

BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.

Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.

The network hashrate rose 54% in 2024, slower than 2023’s 103% gain, the report said.

A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say.

Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play.

MicroStrategy Purchases More Bitcoin, Adding to Holdings for 9th Consecutive Week.

The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.

The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy’s targeting the purchases in Q1 2025.

Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.

The average realized price of 2024 buyers in bitcoin was $65,901.