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Bitcoin Breaks $97K: Riot Platforms, Bit Digital, Bitfarms & DMG Blockchain News!

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Manage episode 480112651 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

We analyze Bitcoin's surge past $97,000 and its powerful impact on mining stocks, with companies like Terawulf gaining up to 17% in a single session. This remarkable performance highlights how mining stocks offer leveraged exposure to Bitcoin while maintaining tangible assets and growth potential.
• Bitfarms reports April production of 268 Bitcoin with their energized hash rate at 19.5 EH/s
• Bitfarms sold 403 BTC in April (150% of production), reducing holdings to 1,005 BTC
• DMG announces deployment of a 2MW prefabricated data center for HPC/AI applications
• Riot Platforms settles with Rhodium for $185M, reclaiming 125MW of power capacity
• Bit Digital files preliminary prospectus for a $500M ATM offering to fund HPC/AI expansion
• Oklahoma utility OGE reports 28% increase in commercial power demand, citing Bitcoin miners as major drivers
• Power Mining Analysis is updating their platform to include more HPC/AI metrics and analysis
Let us know in the comments how you're feeling about Bitcoin right now, what you're doing with miners (buying, selling, or holding), and your top pick in the sector.

Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Bitcoin Rally Drives Mining Stocks Higher (00:00:00)

2. BitFarms April Production Results (00:08:10)

3. Panther Creek Site & HPC Strategy (00:12:45)

4. Bitdeer & DMG Updates (00:17:40)

5. Riot Platforms Settles with Rhodium (00:21:40)

6. BitDigital's $500M ATM & Market Developments (00:24:30)

7. Minor Madness Competition & Final Thoughts (00:28:00)

287 episodes

Artwork
iconShare
 
Manage episode 480112651 series 3570269
Content provided by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Anthony Power & Bryce McNallie, Anthony Power, and Bryce McNallie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

We analyze Bitcoin's surge past $97,000 and its powerful impact on mining stocks, with companies like Terawulf gaining up to 17% in a single session. This remarkable performance highlights how mining stocks offer leveraged exposure to Bitcoin while maintaining tangible assets and growth potential.
• Bitfarms reports April production of 268 Bitcoin with their energized hash rate at 19.5 EH/s
• Bitfarms sold 403 BTC in April (150% of production), reducing holdings to 1,005 BTC
• DMG announces deployment of a 2MW prefabricated data center for HPC/AI applications
• Riot Platforms settles with Rhodium for $185M, reclaiming 125MW of power capacity
• Bit Digital files preliminary prospectus for a $500M ATM offering to fund HPC/AI expansion
• Oklahoma utility OGE reports 28% increase in commercial power demand, citing Bitcoin miners as major drivers
• Power Mining Analysis is updating their platform to include more HPC/AI metrics and analysis
Let us know in the comments how you're feeling about Bitcoin right now, what you're doing with miners (buying, selling, or holding), and your top pick in the sector.

Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter

  continue reading

Chapters

1. Bitcoin Rally Drives Mining Stocks Higher (00:00:00)

2. BitFarms April Production Results (00:08:10)

3. Panther Creek Site & HPC Strategy (00:12:45)

4. Bitdeer & DMG Updates (00:17:40)

5. Riot Platforms Settles with Rhodium (00:21:40)

6. BitDigital's $500M ATM & Market Developments (00:24:30)

7. Minor Madness Competition & Final Thoughts (00:28:00)

287 episodes

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