Bitmine Immersion Technologies Inc. reported $45.7 million in revenue from Ethereum staking in Q3 2026, marking a major shift from bitcoin mining to digital asset management. The company now holds 5.4 million ether valued at $10.85 billion, making it the largest ETH treasury by ether holdings. Despite strong revenue, Bitmine posted a net loss of $83.6 million due to derivative losses and increased expenses tied to expansion. The firm raised $273.8 million in June 2026 to support its growing institutional staking operations and plans to continue expanding its digital asset treasury.
ARK Invest CEO Cathie Wood remains bullish on Bitcoin, highlighting its improving ratio against gold as a key sign for institutional investors. She views Bitcoin as a transformative technology, monetary system, and asset class with significant growth...
Bitcoin and XRP have closely mirrored each other in price movements since early September, both peaking on Sept. 3 and then pulling back similarly due to shifting Federal Reserve expectations. This week presents a key test for XRP's independence with...
Wintermute reports that despite recent volatility, Bitcoin's rally toward $80,000 is ongoing, driven by institutional investors and AI miners entering the market early. Unlike past cycles with steep crashes, this cycle shows a smaller drawdown, sugge...
Bitcoin's value relative to gold has surged, with the BTC-gold ratio reaching 18, its highest since January. Over the past month, Bitcoin gained about 22% compared to gold's 2%, indicating Bitcoin's rising purchasing power. Despite recent volatility,...
Bitcoin's price hovered between $78,060 and $78,500 after retreating from $80,537, showing short-term bearish pressure while longer-term technical indicators remain positive. The critical support zone around $78,170-$78,193 is holding for now, but a ...
