Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot

Cango Inc. sold 6,451 bitcoin across February and March 2026, applying the proceeds entirely to retire crypto-collateralized loans as the company transitions its mining infrastructure toward artificial intelligence (AI) compute services. Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s … Read more

Sealminer A4 Series Debuts as Bitdeer Hits New Bitcoin Mining Efficiency Record

Bitdeer Technologies Group launched its Sealminer A4 series of bitcoin mining rigs on Tuesday, with the flagship model reaching 9.45 joules per terahash, placing it among the most power-efficient machines announced by any major manufacturer. Key Takeaways: Bitdeer launched the Sealminer A4 Ultra Hydro on April 7, 2026, hitting 9.45 J/TH efficiency, among the best … Read more

Bitcoin Difficulty Climbs 3.87% as Hashrate Slips and Next Cut Looms

After the previous difficulty epoch delivered a 7.76% reduction, Bitcoin’s difficulty moved higher by 3.87% at block height 943488. This latest adjustment represents the third increase recorded so far this year. Key Takeaways: Bitcoin difficulty rose 3.87% at block 943488 as hashrate fell 60.45 EH/s; a 15.73% cut is projected. Miners face $30.67 PH/s hashprice … Read more

Beyond the Hashrate: Why MARA Just Laid Off 15% of Its Staff

Bitcoin miner MARA has reportedly laid off about 15% of its workforce in a move the company calls “strategic, not purely financial.” Internal Restructuring Bitcoin mining giant MARA, formerly Marathon Digital Holdings, has laid off roughly 15% of its workforce as part of a sweeping strategic shift away from pure-play crypto mining and toward energy … Read more

Riot Platforms Sells 3,778 Bitcoin in Q1 2026, Raising $289.5 Million for Data Center Expansion

Riot Platforms sold 3,778 bitcoin during the first quarter of 2026, generating $289.5 million in net proceeds at an average price of $76,626 per BTC, according to the company’s official unaudited Q1 2026 production and operations update released this week. Riot Platforms Q1 2026 Update The Texas-based bitcoin miner and data center developer (Nasdaq: RIOT) … Read more

Luxor Ships Commander Software to Optimize Bitcoin Mining Fleet Profitability

Luxor introduces Commander, a fleet management platform designed to automate profitability and consolidate mining operations within a single control layer. Seattle-based Luxor Technology Corporation launched Commander on April 1, 2026, to provide bitcoin mining operations with real-time fleet monitoring and remote command capabilities. The software integrates natively with the company’s existing ecosystem, which currently manages … Read more

Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform

Cango Inc. closed a $65 million insider equity round and a $10 million convertible note deal on March 31 and April 1, 2026, respectively, bringing in fresh capital to fund its pivot toward artificial intelligence (AI) and energy infrastructure. U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement … Read more

Eric Trump’s Bitcoin Mining Company Crosses 7,000 BTC Reserve in 2026

American Bitcoin Corp. crossed 7,000 BTC in its corporate treasury on Sunday, placing the Miami-based miner at No. 16 among publicly traded companies holding bitcoin globally. Hut 8-Backed Miner American Bitcoin Corp. Now Holds Over 7,000 The company (Nasdaq: ABTC) disclosed the milestone via its official X account on Monday, noting it had nearly tripled … Read more

US Senators Unleash New Bill Driving Bitcoin Mining Expansion and Cementing Strategic Bitcoin Reserve

U.S. lawmakers are pushing to anchor bitcoin mining and digital asset infrastructure domestically, signaling a strategic shift toward national control, supply chain security, and long-term financial positioning as Washington moves to formalize a federal bitcoin reserve framework. US Bitcoin Mining Policy and National Reserve Strategy U.S. lawmakers are advancing efforts to strengthen domestic digital infrastructure … Read more

You have not selected any currencies to display