Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects

[ad_1] Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing shows that only $233.6 million was unrestricted and available... Read more »

American Bitcoin Shrinks Float 93% as Reverse Split Takes Effect Thursday

[ad_1] Key Takeaways American Bitcoin’s reverse split takes effect at 5 p.m. on July 2, 2026.Shares outstanding drop from 1.09 billion to about 73 million after the split.ABTC resumes trading on a... Read more »

Bitcoin’s Computing Muscle Hits 1,027 EH/s Benchmark, But Hashprice Shrinks 8.39%

[ad_1] On Wednesday, Sept. 10, data showed Bitcoin’s total hashrate climbed to 1,027 exahash per second (EH/s), notching another record high after bouncing back from a brief dip four days earlier. Bitcoin’s... Read more »