Bitdeer increased Bitcoin mining output by nearly fivefold in Q2

Bitdeer mined 2,694 Bitcoin during the second quarter of 2026, up nearly fivefold from 565 BTC a year earlier.  The miner closed the quarter with 150 BTC held on its balance sheet, down 90% from 1,502 BTC a year earlier, according to the companys Q2 report published Monday.  Bitdeer liquidated its entire 943 BTC treasury in February, citing liquidity decisions rather than a shift away from its core Bitcoin mining business.  Bitdeer is among the Bitcoin mining companies that have expanded into AI data centers and high-performance computing. In August, it signed a 16-year lease valued at $4.7 billion for 121 megawatts of AI computing capacity in Norway.  The company also reported $228.8 million in Q2 revenue, up 47% from $155.6 million a year earlier. Self-mining revenue accounted for $168.4 million of the total as average self-mining hashrate jumped 389% to 69.5 exahashes per second. Its net loss widened to $92.3 million from $62.9 million.  Bitdeer‘s revenue slightly surpassed Wall Street’s $225 million consensus estimate, according to analyst estimates compiled by Yahoo Finance. The companys shares rose 1.5% in premarket trading on Monday, after a 15% decline over the past month.

3 days agoIndustry

H100 becomes Europes No. 2 Bitcoin treasury after 2,455 BTC deal

Sweden-listed health-tech and Bitcoin treasury company H100 Group completed its acquisition of Norwegian Bitcoin companies holding 2,455 Bitcoin (BTC), more than tripling its Bitcoin treasury to 3,506 BTC.  The transaction involved no cash consideration, with H100 issuing 790.5 million new shares to the sellers, the company said in a Monday press release.  The newly issued shares diluted existing shareholders by about 70%. H100 priced them at 1.86 Swedish kronor ($0.20) each, valuing the transaction at about 1.47 billion kronor ($155 million).  H100 said the consideration was calculated on a 1:1 “Bitcoin-for-Bitcoin” basis, with the number of shares issued determined by the sellers proportionate share of the combined Bitcoin holdings of H100 and the acquired companies. Other assets and liabilities were excluded from the calculation.  The acquisition brought the value of H100‘s Bitcoin holdings to about $228 million, making it Europe’s second-largest Bitcoin treasury company by holdings, behind Germanys Bitcoin Group SE with 3,605 BTC, according to BitcoinTreasuries.  H100 first announced the deal in March, when it signed a letter of intent to acquire privately held Norwegian Bitcoin companies Moonshot and Never Say Die, along with their Bitcoin holdings.

3 days agoIndustry

Markets flip for Fed rate-hike pause into CPI: Five things to know in Bitcoin this week

Bitcoin starts the week with new August highs as traders weigh the impact of crunch US inflation data.  Key points:US CPI and PPI data comes amid fluctuating bets on Federal Reserve interest-rate hikes in 2026.The Japanese yen remains at the forefront as it creeps back toward the key 160 level against the US dollar.Bitcoin (BTC) traders see the area around $65,800 as crucial for bulls after BTC/USD hits new month-to-date highs.Larger Bitcoin wallets contrast with retail holders after a conspicuous two-month accumulation spree.Baskets of onchain indicators still see the bear market continuing in the second half of the year.   CPI, PPI data comes at crucial time for Fed  Key US inflation data is due as markets shift their expectations of Federal Reserve interest-rate policy.  The July prints of the Consumer Price Index (CPI) and Producer Price Index (PPI) will be released on Wednesday and Thursday, respectively.  The timing of the release is important — recent US inflation cues have given mixed signals to Fed watchers, while resolution of the US-Iran war likewise remains far from certain. The latter has implications for CPI in particular, given oils price sensitivity to events around the Strait of Hormuz shipping route.  “Crude oil prices remain caught between opposing forces,

3 days agoIndustry

Strategy turns 1,690 BTC into $108.6M STRC buyback

Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.  The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC).  Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends.  The transaction marked Strategys fourth disclosed Bitcoin sale of 2026, bringing its total Bitcoin sales for the year to 6,948 BTC, while the company still holds 840,447 BTC purchased for an aggregate $63.36 billion.  Bitcoin becomes part of the funding engine  Strategy sold the latest batch at an average net price of $64,262 per Bitcoin, while its total holdings carry an average purchase price of $75,385 per BTC, including fees and expenses.  Strategys prior disclosed sale involved 1,638 BTC for $104.73 million between July 27 and Aug. 2, when it also used Bitcoin sale proceeds to fund STRC repurchases.Source: SEC  The latest filing shows that Strategy has $785.2 million remaining under its digital credit securities repurchase program, which covers its preferred stock, while another $1 billion remains

3 days agoIndustry

UK regulators to prepare tokenized gold framework: Report

The UKs Financial Conduct Authority (FCA) has reportedly held talks with banks and other industry participants over potential rules for tokenized gold.  The FCA has also sought feedback on the use of tokenized gold as collateral in wholesale markets, people familiar with the matter told the Financial Times.  The regulator is reportedly preparing to outline plans for new regulatory standards for tokenized gold. Cointelegraph has approached the FCA for comment on the matter.  London is the worlds largest over-the-counter gold trading hub, accounting for about 70% of global notional gold trading volume, according to the World Gold Council.  The talks come amid a broader UK push to expand tokenized financial markets. A government-backed industry task force said in July that tokenization could add as much as 33 billion British pounds ($44 billion) to the UKs annual economic output by 2035.  The roadmap also calls for the UKs first tokenized government bond by early 2027 and seeks to make tokenized securities usable for trading, settlement and as collateral.

3 days agoIndustry

Bitcoin Red Team founder turns to Chinese AI: ‘It absolutely guts me’

A Bitcoin security researcher says he has been forced to go back to using open-source Chinese AI models after finding himself restricted from analyzing further codebases by OpenAI, highlighting a growing concern that the most capable AI tools arent being made available to defenders.  In an X post on Tuesday, AnchorWatch CEO Rob Hamilton said he had begun integrating OpenAIs Trust & Cyber capabilities into his Bitcoin Red Team work on Saturday, only to find his access restricted the following morning.  “It absolutely guts me as a patriotic American to have to do this, but I will be going back to using Chinese open source models to conduct my research to protect Bitcoin infrastructure,” he added.  Bitcoin Red Team, a group of volunteers, has been using AI tools and human review to scan hundreds of open-source Bitcoin-related repositories for vulnerabilities, with efforts accelerating days after the Coldcard hardware wallet hack, which has seen over $100 million in Bitcoin stolen.  Last month, crypto executives told Cointelegraph that many of cryptos biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, with only a select few having been able to get it.  “I am now prevented from being

3 days agoIndustry

Judge stays CFTCs case against US soldier over prediction market bets

A federal judge ordered that a civil case initiated by the US Commodity Futures Trading Commission (CFTC) be stayed pending the outcome of a criminal case against a US soldier who is alleged to have used nonpublic information to profit from a Polymarket event contract on the removal of Venezuelan President Nicolás Maduro.  In a Monday ruling in the US District Court for the Southern District of New York, District Judge Andrew Carter granted a motion filed by prosecutors in July to stay the CFTCs civil case “pending the outcome of the criminal proceeding.”  The cases against Gannon Ken Van Dyke, a US Army Special Forces Master Sergeant, involve allegations of making more than $400,000 on Polymarket event contracts tied to Maduros removal. According to the US Justice Department, Van Dyke was involved in the operation to oust Maduro in January, leading to allegations he used nonpublic information to profit on prediction markets.  The criminal and civil cases, both filed in April, could have significant implications for lawmakers and government officials using prediction markets. The US soldier has already filed a motion to dismiss the criminal indictment on different legal theories, including that the CFTCs enforcement of event contracts as “swaps” on prediction

3 days agoIndustry

Luke Dashjr removed as Bitcoin Improvement Proposal editor

Bitcoin developer Luke Dashjr has been removed as an editor of Bitcoin Improvement Proposals following a dispute over his role in BIP 110.  Bitcoin developer Mark Erhardt opened the pull request on Sunday after recommending Dashjrs removal on the Bitcoin Developer mailing list.  Erhardt said Dashjr had been “heavily involved” in creating and implementing BIP 110 and alleged that he unfairly favored the proposal while serving as an editor, including by attempting to assign it a BIP number before mailing-list discussion and quickly merging an update to it.  Bitcoin developer Jon Atack said he had verified that Dashjr no longer had editor or administrator privileges in the BIPs repository following the mailing-list discussion. Atack then merged the pull request, removing Dashjr from the list of BIP editors.  “This is just an abuse of power by Core,” Dashjr said. “They have no authority to do so.”  BIP 110 sought to temporarily restrict the amount of arbitrary data that could be embedded in Bitcoin transactions. The proposal triggered a minority chain split after nodes enforcing it rejected blocks from miners that did not signal support, but the fork quickly stalled with little hashpower support.

3 days agoIndustry

Payments platform Decta explores stablecoin-enabled treasury settlement

Payments platform Decta will use USDC to settle its own funds internationally, bringing stablecoins into its back-end treasury operations.  Decta said Tuesday that it will use OpenPayd, a financial infrastructure company, to convert company funds into USDC for international settlement, according to an announcement shared with Cointelegraph.  “This is a proprietary treasury use case rather than a customer-facing payments flow,” Lux Thiagarajah, chief commercial officer at OpenPayd, told Cointelegraph.  “Decta transfers its own funds into OpenPayd‘s regulated infrastructure, where they are converted into USDC via OpenPayd’s over-the-counter capabilities to support international operational settlements,” he added.  The integration shows how stablecoins are moving into traditional payments infrastructure as a tool for internal treasury and liquidity management, without making stablecoins part of its customer-facing payment services.  Stablecoins move into payments firms treasury operations  Decta said the integration will help it move funds between its entities internationally, manage liquidity and streamline treasury operations.  Scott Dawson, CEO of Decta UK, said the company wants technology to make its financial operations faster, simpler and more resilient while maintaining its existing controls and regulatory discipline.  Founded in 2015 in London, Decta is a payments platform that provides payment processing, acquiring, card issuing, banking and other financial infrastructure to businesses. The company operates across 32

3 days agoIndustry

Bitcoin Miner Riot Secures Massive Deal With Anthropic

Riot Platforms has managed to get a massive long-term contract with artificial-intelligence company Anthropic.  Anthropic has agreed to lease 191 megawatts of capacity at Riots Rockdale, Texas, campus under a 20-year agreement, according to a recent report by Bloomberg.  Riot said the contract is expected to generate about $9.1 billion in revenue. The agreement also contains two five-year extension options that could lift the total value to as much as $16.1 billion.  Riots Rockdale has 700 megawatts of grid interconnection capacity. The mining behemoths broader portfolio includes about 1.7 gigawatts of fully approved power capacity.  The Anthropic agreement follows Riots earlier partnership with Advanced Micro Devices, which helped establish its data-center business. AMD initially agreed to lease 25 megawatts at Rockdale before exercising an option to double its contracted capacity to 50 megawatts. Riot reported $33.2 million in data-center revenue in the first quarter.  Selling billions worth of Bitcoin  Riot has been persistently selling BTC throughout the year. In the first quarter of 2026 alone, the company sold 3,778 BTC for approximately $289.5 million, at an average net price of $76,626 per Bitcoin.  The amount sold was more than twice the 1,473 BTC Riot mined during the quarter.  Shiba Inu News  That wasnt Riots first major liquidation. In December

3 days agoIndustry
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