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Bitcoin Retakes $100,000 + Hut 8 Corp. & Core Scientific Earnings Analysis!
Manage episode 481440405 series 3570269
Bitcoin breaks through the $100,000 threshold, pushing mining stocks significantly higher as the market demonstrates strong momentum across both Bitcoin and altcoins.
• Bitdeer leading mining stock gains, up nearly 19% as they advance their Seal Miner technology
• Hut 8 earnings show net loss of $134.3 million due to Bitcoin holdings valuation, but reveal 2.6 gigawatts of exclusive power capacity
• Core Scientific on track for 250 megawatts of billable capacity to CoreWeave bringing $360 million annual run rate
• CoreWeave partnership delivers 75-80% net profit margins on a 10-year, $10 billion contract
• Coinbase acquires Deribit for $2.9 billion, the largest M&A activity in crypto history
• Arizona signs modified Bitcoin reserve bill using funds from confiscated assets
• New Hampshire becomes the first state to formally adopt a Bitcoin strategic reserve
Go to compassminingio to learn more about Bitcoin mining hosting solutions for individuals and businesses.
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Chapters
1. Bitcoin Breaks $100K Milestone (00:00:00)
2. Bitdeer Update and Market Performance (00:04:15)
3. Upcoming Earnings Interviews Schedule (00:06:54)
4. Hut 8 Q1 Earnings Analysis (00:08:43)
5. Core Scientific's $360M AI Strategy (00:16:37)
6. CoreWeave Partnership Deep Dive (00:25:12)
7. Coinbase Acquires Deribit and Bitcoin Bills (00:31:24)
8. Closing Thoughts on Bitcoin's Future (00:37:28)
305 episodes
Manage episode 481440405 series 3570269
Bitcoin breaks through the $100,000 threshold, pushing mining stocks significantly higher as the market demonstrates strong momentum across both Bitcoin and altcoins.
• Bitdeer leading mining stock gains, up nearly 19% as they advance their Seal Miner technology
• Hut 8 earnings show net loss of $134.3 million due to Bitcoin holdings valuation, but reveal 2.6 gigawatts of exclusive power capacity
• Core Scientific on track for 250 megawatts of billable capacity to CoreWeave bringing $360 million annual run rate
• CoreWeave partnership delivers 75-80% net profit margins on a 10-year, $10 billion contract
• Coinbase acquires Deribit for $2.9 billion, the largest M&A activity in crypto history
• Arizona signs modified Bitcoin reserve bill using funds from confiscated assets
• New Hampshire becomes the first state to formally adopt a Bitcoin strategic reserve
Go to compassminingio to learn more about Bitcoin mining hosting solutions for individuals and businesses.
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Chapters
1. Bitcoin Breaks $100K Milestone (00:00:00)
2. Bitdeer Update and Market Performance (00:04:15)
3. Upcoming Earnings Interviews Schedule (00:06:54)
4. Hut 8 Q1 Earnings Analysis (00:08:43)
5. Core Scientific's $360M AI Strategy (00:16:37)
6. CoreWeave Partnership Deep Dive (00:25:12)
7. Coinbase Acquires Deribit and Bitcoin Bills (00:31:24)
8. Closing Thoughts on Bitcoin's Future (00:37:28)
305 episodes
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