Browsing: Mining

Jiang Zhuoer, a well-known cryptocurrency miner from China, announced that he has repurchased all of his Bitcoin ($BTC) positions that he recently sold. Jiang stated that buying pressure in the market remains strong and that he expects the Bitcoin price to rise to the $80,000-$84,000 range.

Bitcoin mining stocks, including CleanSpark and the CoinShares Bitcoin Mining ETF, surged significantly more than Bitcoin itself, with CleanSpark rising 5% and the ETF up 6%, compared to Bitcoin’s 1.39% increase. This rally appears driven by a sector-wide re-rating rather than company-specific news or Bitcoin price movements. The gains reflect investor interest in mining operations…

MARA Holdings (MARA), a Bitcoin mining company traded on Nasdaq, has made a Bitcoin purchase. According to data from the on-chain analytics platform Lookonchain, the company bought 1,292 Bitcoin