The purchase came amid reports that the Bitcoin mining company was under pressure from activist investor Starboard Value.
Read moreBitcoin miners earned just 3.6% of record $2T market cap — Analysis
BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.
Read moreCorporate execs sell stock at record levels as Bitcoin nears 130% YTD returns
Bitcoin could reach a cycle top of over $160,000 on continued interest rate cuts and macroeconomic improvements in 2025, analysts have predicted.
Read moreBitcoin could hit $160K in 2025, fueled by improving macro conditions
An interest rate cut by the Federal Reserve may help Bitcoin finish the year at “record-breaking levels,” according to Bitfinex’s head of derivatives.
Read moreAustralia’s Biggest Pension Fund Makes Historic $17M Bitcoin Investment, A National First
In a groundbreaking move for the Australian pension industry, AMP Ltd., a prominent pension and wealth management firm, has allocated approximately A$27 million (around $17.2
Read moreBitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion
Bitcoin has returned back above the $100,000 mark as on-chain data shows capital continues to flow into the asset at a rapid rate. Bitcoin Realized
Read more