Bernstein says Texas data center audit could boost value of existing bitcoin mining and AI sites
Bernstein said a state-ordered audit of Texas data centers will heighten power scarcity across the regional grid.
Coins in this story
Discussion
Related stories
Bitcoin must clear $65,000 before Friday, or jobs data could turn $62,000 into a trapdoor to $60,000
Bitcoin and jobs data are on a collision course this week, with the price pinned between $62,200 and $65,000 after the first economic release worked against the bulls. The ISM Manufacturing PMI printed 55.6 on Aug. 3, beating the 54.0 consensus and rising from June's 53.3 to its highest reading since May 2022. New…
Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears
Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.
Bhutan's GMC puts part of its bitcoin treasury to work after 10,000 BTC pledge
The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.