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Bitcoin Miners Rake In $55K Daily Despite Heat-Driven Hashrate Dip — Here's Their Secret
Wednesday, July 9, 2025 - 8:37am | 786Despite a 3% drop in Bitcoin's (CRYPTO: BTC) network hashrate in June, daily miner revenues soared to approximately $55,300 per exahash per second (EH/s), one of the highest profitability levels this year, according to a commentary shared with Benzinga by the analytics team of TeraHash, a global...
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CoreWeave Just Valued Core Scientific Like It's 2021 Again
Monday, July 7, 2025 - 4:06pm | 540CoreWeave Inc (NASDAQ:CRWV) just made a big move — but the market didn't applaud. Shares of Core Scientific Inc (NASDAQ:CORZ) plunged nearly 21% on Monday, even as AI cloud provider CoreWeave announced it will acquire the Bitcoin (CRYPTO: BTC) miner in an all-stock deal. The twist? Beth Kindig,...
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CRWV–CORZ Potential Deal Could Unlock $2.8 Billion Hidden Value For Bitcoin Miner, Says Morgan Stanley
Friday, June 27, 2025 - 9:01am | 1003In a potential game-changer for the cryptocurrency mining sector, Morgan Stanley has forecasted that CoreWeave Inc.‘s (NASDAQ:CRWV) proposed acquisition of Core Scientific Inc. (NASDAQ:CORZ) could boost the Bitcoin (CRYPTO: BTC) miner’s market capitalization by an impressive $2.8...
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Bitcoin Mining Stock With 'Biggest Opportunity' In Crypto Space Grabs Eyeballs As Expert Recalls Tom Lee's Call: 'If We Are In For Another Leg Up In BTC, This Flies'
Tuesday, June 10, 2025 - 2:09pm | 1225The owner and operator of Bitcoin (CRYPTO: BTC) mining data centers, IREN Ltd. (NASDAQ:IREN), is on experts’ radar as they find value in the company, expecting the stock to soar over $100 apiece in the next 18 months. What Happened: According to Eric Jackson, the founder and president of EMJ...
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Bitcoin Miner CleanSpark Misses Q1 Earnings Estimates, Company On Track To Reach 50 EH/s Target In June, Shares Slide
Thursday, May 8, 2025 - 5:58pm | 301Bitcoin miner CleanSpark Inc (NASDAQ:CLSK) reported first-quarter financial results after the market close on Thursday. Here’s an overview of the report. Q1 Earnings: CleanSpark reported first-quarter revenue of $181.71 million, missing analyst estimates of $190.95 million, according to...
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Mara Holdings Stock Dips After Worse-Than-Expected Q1 Report
Thursday, May 8, 2025 - 5:20pm | 388Mara Holdings, Inc. (NASDAQ:MARA) released its first-quarter results after Thursday's closing bell. Here's a look at the key figures in the report. The Details: Mara reported quarterly losses of $1.55 per share, which missed the analyst consensus estimate of losses of four cents....
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Bitcoin Miner Riot Platforms Reports Q1 Results, Shares Slide
Thursday, May 1, 2025 - 5:56pm | 434Riot Platforms Inc (NASDAQ:RIOT) reported first-quarter financial results after the market close on Thursday. Here’s a look at the key details from the report. Q1 Revenue: $161.4 million, versus estimates of $158.2 million Q1 EPS: Loss of 90 cents per share Total revenue was up from $79.3...
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Riot Vs. MicroStrategy (Strategy) Vs. Block: One Bull, One Bear, One In The Balance Ahead Of Q1 Earnings
Thursday, May 1, 2025 - 2:44pm | 821As earnings season heats up, three crypto-adjacent players — Riot Platforms Inc (NASDAQ:RIOT), MicroStrategy Inc (Strategy) (NASDAQ:MSTR), and Block Inc (NYSE:XYZ) — are stepping into the spotlight after the bell today. But heading into their first quarter earnings, the market has already picked...
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What's Going On With Hyperscale Shares Wednesday?
Wednesday, April 2, 2025 - 4:18pm | 243Hyperscale Data, Inc. (AMEX:GPUS) stock traded higher on Wednesday after the company announced its subsidiary, Sentium, mined an additional 56 Bitcoin from January to March 2025. What To Know: The new 56 Bitcoin (CRYPTO: BTC) mined this year brings the company’s total holdings to 3,061 since...
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Riot Platforms Forms Death Cross As Bitcoin Volatility Adds Pressure
Tuesday, April 1, 2025 - 2:30pm | 491Riot Platforms Inc. (NASDAQ:RIOT) just flashed a major warning signal, officially forming a Death Cross as its 50-day simple moving average sank below the 200-day moving average. While shares jumped 3.93% by early afternoon on Monday, the broader trend remains bearish – down 29.3% year to...
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Cipher Mining Hits 52-Week Low: Is There Any Hope For A Rebound?
Thursday, March 27, 2025 - 1:51pm | 440Cipher Mining Inc. (NASDAQ:CIFR) just sank to a fresh 52-week low of $2.55, extending its brutal downtrend. The stock has plunged 51.50% in the past year, 46.48% year to date, and nearly 35% in just the past month. With relentless selling pressure, technical indicators are flashing warnings: is...
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Riot Platforms CEO Reaffirms Plan To Boost Bitcoin Yield But 'Not Looking Too Closely' At Michael Saylor-Led Strategy's Maneuvers
Monday, February 24, 2025 - 11:52pm | 665Jason Les, CEO of leading Bitcoin (CRYPTO: BTC) miner Riot Platforms Inc. (NASDAQ:RIOT), stated on Monday that the company was committed to boosting Bitcoin yield for its shareholders but denied exploring maneuvers like those of Strategy Inc. (NASDAQ:MSTR) as yet. What happened: During the...
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Riot Stock Stumbles Into Q4 Earnings: 70% Upside Or Bearish Breakdown?
Monday, February 24, 2025 - 11:22am | 500Riot Platforms Inc (NASDAQ:RIOT) will be reporting its fourth-quarter earnings on Monday. Wall Street expects 11 cents in EPS and $134.78 million in revenues as the company reports after market hours. The stock is down 39.78% over the past year, up 25.12% over the past six months. Let’s look...
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CleanSpark Q1 Earnings: Revenue Beat, EPS Beat, Shares Jump — 'Why Buy Bitcoin At Current Spot Prices When We Can Mine It For $34,000?'
Thursday, February 6, 2025 - 5:59pm | 460CleanSpark Inc (NASDAQ:CLSK) reported first-quarter financial results after the market close on Thursday. Here’s a rundown of the report. Q1 Earnings: CleanSpark reported first-quarter revenue of $162.3 million, beating analyst estimates of $150.87 million, according to Benzinga Pro. The...
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What's Going On With Shares Of Bitcoin Miner CleanSpark Tuesday?
Tuesday, December 17, 2024 - 5:53pm | 544CleanSpark Inc (NASDAQ:CLSK) shares are creeping higher in Tuesday’s after-hours session after the Bitcoin (CRYPTO: BTC) miner announced the closing of its convertible notes offering and provided an update on financing. What Happened: After the market close on Tuesday, CleanSpark said it...