Nasdaq-listed Bitcoin mining company Cango (CANG) reported a preliminary net loss of $261.1 million for the first quarter of 2026, driven largely …
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Markets
Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook
by shayaanby shayaanNvidia’s stronger-than-expected results and bullish AI outlook lifted crypto mining stocks tied to data center and high-performance computing demand, even as the …
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Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC) prices squeezed …
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Mining
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
by shayaanby shayaanKey Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. …
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Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin …
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Mining
Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI
by shayaanby shayaanIn brief Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M. The …
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Markets
Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer
by shayaanby shayaanThe stablecoin issuer said the crypto market was highly volatile during the first quarter. www.coindesk.com
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Scams
Bitcoin Closes April Up 12% as Strategy’s MSTR Posts First Positive Month Since July
by shayaanby shayaanIn brief Bitcoin’s April gains hovered just under 12%, marking its second positive monthly close since September 2025. Michael Saylor’s Strategy made …
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Finance
Brent Crude Posts Biggest Monthly Surge Since 1988 as War Chokes Global Oil Supply
by shayaanby shayaanBrent crude oil futures posted over a 60% gain in March. This marked the strongest monthly rally in the benchmark’s history, dating …
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Mining
Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI
by shayaanby shayaanFor the first time in six years, the bitcoin hashrate, the total computational power securing the network, fell during the first quarter. …