Search results for "MINER"
2026-04-10
12:31

BitFuFu discloses selling 80 BTC in March, reducing its holdings to 1,794 BTC

Gate News update, April 10: Nasdaq-listed Bitcoin miner BitFuFu disclosed its March operating data. The data shows that BitFuFu sold 80 bitcoins in March, while its mining output during the same period was 214 BTC, including 171 BTC from its cloud mining business and 43 BTC from its self-operated mining business. As of the end of March, BitFuFu’s bitcoin holdings totaled 1,794 coins.
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BTC-3,42%
12:42

Cango discloses selling 2,000 BTC in March, and its Bitcoin holdings drop to 1,025.69 BTC

Gate News , April 8, U.S.-listed Bitcoin miner Cango released a March operational update report. The report shows that in March, the company produced 27.98 BTC from self-mining and completed a strategic sale of 2,000 bitcoins, with the proceeds used to repay BTC-backed loans. As of the end of March, the company’s outstanding Bitcoin-backed loan total was $30.6 million, and its Bitcoin reserves fell to 1,025.69 BTC.
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BTC-3,42%
09:40

The U.S. dominates global Bitcoin mining, and a 5.8% drop in hashrate triggers a miners’ profitability crisis

In the second quarter of 2026, global Bitcoin hashrate fell by 5.8%, dropping to 1004 EH/s, putting pressure on miner profitability. Even though the United States still accounts for 37.4% of hashrate, emerging markets such as Kyrgyzstan are growing rapidly, while hashrate in Iran and Argentina is declining. The mining industry is facing a period of adjustment, with both the retirement of high-cost mining rigs and market expansion occurring at the same time.
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BTC-3,42%
07:03

Riot sold 3,778 bitcoins in the first quarter, cashing out nearly $300 million, with its holdings down 18% year over year

Bitcoin miner Riot Platforms sold 3,778 BTC in the first quarter of 2026, raising nearly $290 million in cash and reducing its holdings by about 18%. Several mining companies have cut their positions as well, reflecting rising funding pressure. Despite weakening market demand, some institutions are still accumulating Bitcoin, indicating that demand is concentrating toward participants with stronger financial capacity. In the short term, the price trend will be influenced by the clash between supply and demand.
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BTC-3,42%