US investment adviser Two Prime has partnered with staking infrastructure provider Figment to offer institutional clients access to cryptocurrency yield opportunities — highlighting the growing institutional shift toward blockchain-based yield strategies. Through the partnership, Two Prime’s institutional clients will gain access to yield strategies for Bitcoin (BTC) and more than 40 other digital asset protocols,…
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Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by strong growth in high-performance computing (HPC) hosting services alongside its core mining business. In its fiscal Q1 2026, Hive generated $45.6 million in total revenue. Digital currency mining contributed $40.8 million, up 44.9%…
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TeraWulf has become the latest cryptocurrency miner to pivot into AI infrastructure hosting, reaching a long-term agreement with Fluidstack that’s backstopped by Alphabet’s Google — in a move expected to significantly increase the company’s revenue run rate. During its shareholder call on Thursday, the company disclosed that it has signed 10-year colocation lease agreements with…
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Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for miners facing steep capital expenditures to maintain facilities. At the center of the launch is Proto Rig, a modular system that replaces the traditional three-to-five-year mining…
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Pantera Capital’s adherence to the Bitcoin halving cycle enabled it to predict Bitcoin’s price with striking accuracy in 2022, underscoring how the asset’s supply schedule can influence valuations, even as skepticism about the cycles grows. In November of that year, Pantera published a price chart mapping Bitcoin’s (BTC) halving rallies and showing diminishing returns after…
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Digital asset custodian and trading company Bakkt is finalizing a minority acquisition of Japanese company Marusho Hotta, marking a strategic step in its transformation into a crypto treasury business backed by Bitcoin and other digital assets. As part of the deal, Bakkt announced plans to acquire a 30% stake in Marusho Hotta, a publicly listed…
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Michigan’s state pension fund has significantly increased its exposure to Bitcoin (BTC) via the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs are streamlining access to digital assets for institutional investors. By the end of the second quarter, the State of Michigan Retirement System owned 300,000 ARKB shares, worth $10.737 million, according to regulatory filings…
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The US Securities and Exchange Commission (SEC) has clarified that certain cryptocurrency liquid staking activities do not constitute securities offerings, a notable step in the agency’s ongoing effort to provide clearer guidance on digital asset regulation. “The statement clarifies the division’s view that, depending on the facts and circumstances, the liquid staking activities covered in…
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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 production, indicating that its acquisition of Bitmain mining rigs is enhancing its capacity amid intensifying industry competition. Cango produced 650.5 Bitcoin (BTC) in July, a sharp increase from 450 BTC in June, according…
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The recent passage of the US GENIUS Act was widely celebrated as a major step forward for stablecoin adoption, but a key provision may curb the appeal of digital dollars compared to money market funds, raising questions about whether the bill’s authors were swayed by banking industry pressure to restrict yield-bearing stablecoins. The GENIUS Act…
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