Australian Bitcoin miner IREN has declared fiscal year 2025 its “breakout year,” reporting a surge in revenue from $187.2 million to $501 …
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Markets
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
by shayaanby shayaanBitcoin (BTC) miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and …
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Hive Digital Technologies reported its strongest quarterly performance to date for the first quarter of fiscal year 2026, ending June 30, with …
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Mining
Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff Dispute
by shayaanby shayaanIn Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1 million in …
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Scams
Jack Dorsey’s Block Adds 108 Bitcoin in Q2, Posts Higher Revenue and Profit
by shayaanby shayaanIn brief Block purchased 108 BTC during Q2 with a cost basis of $11 million. Its total bitcoin investment is now valued …
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Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly ramped up crypto …
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Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, …
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Crypto hedge fund Asymmetric Financial is pivoting away from liquid trading strategies following sharp underperformance and public backlash from investors. In a …
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Markets
Stellar Performance From XLM as It Posts Top 24H Percentage Gain Among Top 20 Cryptos
by shayaanby shayaanOn June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory …
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Mining
Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May
by shayaanby shayaanBitcoin miner MARA Holdings (MARA) produced 950 BTC in May, a 35% increase from the previous month and its strongest output since …