American Bitcoin built an 8,002 BTC reserve, but nearly 40% of it is quietly tied up with Bitmain

Mining supplied roughly 95% of Q2 reserve growth, while first-half operations and Bitcoin purchases used $129.1 million in cash. The post American Bitcoin built an 8,002 BTC reserve, but nearly 40% of it is quietly tied up with Bitmain appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

MARA sold almost all its mined Bitcoin, then pledged 18,750 BTC for an AI dream with no disclosed safety net
The miner sold 2,213 BTC and later pledged 18,750 BTC, while the differently dated collateral pools cannot be reconciled. The post MARA sold almost all its mined Bitcoin, then pledged 18,750 BTC for an AI dream with no disclosed safety net appeared first on CryptoSlate.

A $433 million Bitcoin accounting crash just exposed the high-stakes gap in CleanSpark’s massive AI transition
Bitcoin valuation-line shifts equaled 87% of the reversal in magnitude, while Sandersville still needs substantial capital. The post A $433 million Bitcoin accounting crash just exposed the high-stakes gap in CleanSpark’s massive AI transition appeared first on CryptoSlate.

Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.