Bitdeer has started building a $36 million manufacturing facility in Sparks, Nevada, its first U.S. site, expected to produce up to 10,000 SEALMINER mining rigs per month by the end of 2026. This move supports Bitdeer's strategy to improve supply chain resilience and reduce reliance on external suppliers amid tough Bitcoin mining conditions caused by low hash prices and the 2024 halving. The factory will create about 70 local jobs and complement Bitdeer's existing U.S. data centers and innovation hub. Despite challenging market conditions, Bitdeer reported strong mining performance in May, mining 921 Bitcoin with a self-mining hashrate of 70.2 EH/s, and is expanding into AI cloud services and advanced mining hardware like hydro-cooled rigs.
A leading semiconductor exchange-traded fund (ETF) has delivered an impressive average annual return of 14% since 2001. Over the last twelve months alone, the ETF surged by 118%, highlighting strong growth in the chip sector. This performance undersc...
Global money supply (M2) has reached a record $103 trillion, with the U.S. alone hitting $23.16 trillion. Bitcoin's price surged 21% in August, rising from around $63,000 to above $78,000, though still below its 2025 peak of $126,000. This gap sugges...
BNB price rose from $626.47 on August 20 to about $707 on August 26, gaining nearly 13%. The price remains above key moving averages, indicating a bullish trend, but faces resistance between $712 and $725. Analysts say a close above $725 could extend...
Elanco Animal Health has finished a $120 million expansion of its Elwood, Kansas manufacturing site, increasing monoclonal antibody production capacity by over four times. This expansion supports the production of innovative animal health treatments ...
BuildDirect reported a 16.6% revenue increase to $19.7 million in Q2 2026, driven by strong growth in its Pro Center segment, which accounted for 77% of revenue, and the acquisition of Tile Outlets of America expanding its Florida presence. Gross pro...
