CryptoMining

Hyperscale Data acquired 49.249 Bitcoin (CRYPTO:BTC) for approximately US$2.9 million at an average purchase price of about US$58,900 per coin, increasing its corporate treasury holdings.

SSR Mining (NASDAQ:SSRM) on Wednesday announced it has entered into a binding memorandum of understanding to sell its 80% ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding for $1.5 billion in cash.

Bitcoin’s rally faces a test as strong accumulation meets renewed selling pressure from miners.

A Coinbase analyst says quantum computing risks to bitcoin may extend beyond wallets to its core security and mining model.

Bitfinex analysts say expanded US oil access in Venezuela could eventually ease electricity costs for Bitcoin miners worldwide.

Turkmenistan has approved tightly regulated crypto mining as part of a cautious, state-led economic adjustment.

Russia is seeking to impose prison sentences and forced labour on illegal Bitcoin miners accused of straining national power grids.

Riot Platforms has launched a $500 million share sale as November Bitcoin production fell, while the miner continues selling output to fund expansion.

A US investment bank upgraded TeraWulf shares after lifting its price target, citing strong growth potential from a shift toward high-performance computing alongside Bitcoin mining.

Cipher Mining has entered the United States’ largest wholesale power market by acquiring an Ohio data centre site to support bitcoin mining and high-performance computing expansion.