Riot had amassed 90 million BITF shares at an average price of $2.24
MARA set a new record of 58.1 EH/s in realized hashrate
Jonathan Gibbs to spearhead Riot’s new data center platform
The initial $100 million is fully drawn
Riot still holds 19,211 BTC on its balance sheet.
Mining firms turn to Bitcoin collateral amid market tightening
Rhodium previously sold its Temple site for $40 million as part of its Chapter 11 proceeding
Combined market cap of mining stocks drops below $30 billion
Mining hardware preorders drop, imports decline, and AI shakes things up
Top five companies constitute nearly 50% of the fund's allocation
Bitcoin mining stocks common $35 billion in market cap as of Friday
Hashrate guidance for 2025 reduced to 38.4 EH/s