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Coeptis Therapeutics Holdings, Inc. and Z Squared Inc. announced a definitive merger agreement on April 25, 2025, to create the world’s largest publicly traded dogecoin-focused mining company, with Coeptis spinning off its biopharmaceutical operations. Coeptis and Z Squared Aim to Lead Dogecoin Mining Sector via Merger Under the terms of the deal, Z Squared will … Read more
Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second (EH/s) of hashrate. Much of that exodus unfolded after difficulty climbed to 123.23 trillion on April 19. Will the Upcoming Retarget Restore Bitcoin’s Equilibrium on May 4? Data from hashrateindex.com shows that 91 EH/s has … Read more
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City Planning Board has expressed early favor toward a bitcoin mining data center proposed by … Read more
A local news outlet reports that two individuals tied to a South American theft ring were apprehended in Los Angeles after allegedly stealing $4 million in goods, including $2.7 million worth of application-specific integrated circuit (ASIC) bitcoin miners. From Tequila to Bitcoin Mining Rigs: LAPD Unravels Multi-Million Dollar Heist The Los Angeles Police Department (LAPD) … Read more
Bitcoin’s rally and a reported $200 million credit facility propelled Bitdeer Technologies (BTDR) to the No. 2 spot for top-performing stocks after an April 22 surge. Despite this, Callisto Research questions Bitdeer’s financial transparency and its opaque relationships with Chinese entities on a U.S. Commerce Department list. Callisto Research Argues Case for Shorting BTDR Following … Read more
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power grid could collapse as early as 2029. The union proposed diversifying the nation’s energy sources and reducing dependence on hydroelectricity. Bitcoin Mining Demand Might Spur Energy Collapse in Paraguay by 2029 Paraguay, a … Read more
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and … Read more
Three more regions in Russia have applied to join others in limiting bitcoin mining activities due to the high energy consumption of these operations. The Ministry of Finance stated that it is still undecided whether these new regions will impose a full mining ban or only restrictions during the heating season. Russia Attacks Bitcoin Mining … Read more
Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several existing laws. … Read more
As digital tokens glittered on Tuesday, equities tethered to the sector followed suit, with Coinbase ending the session up 8.57% and Strategy’s common stock advancing 7.95%. Bitcoin Sits Idle While Its Proxies Sprint: Publicly Traded Miners Chalk up Double‑digit Gains Listed firms linked to the crypto economy rallied sharply on April 22, eclipsing bitcoin’s own … Read more