Bitcoin miner Bitdeer’s shares sink 15% despite revenue growth, progress on AI pivot

The Block2h agoUpdated 58m ago
Bitcoin miner Bitdeer’s shares sink 15% despite revenue growth, progress on AI pivot
Smart Read

The company is focused increasingly focused on becoming a provider of AI infrastructure, expanding beyond its core bitcoin mining business.

Coins in this story

BTC
₹63,941.00
-2.10%

Discussion

Related stories

CryptoSlate

This corporate Solana treasury dumped $12.5M of SOL at a 54% loss – and its balance sheet still shrank

Its Aug. 7 filing keeps more token sales, equity or traditional financing on the table until operations can support themselves. The post This corporate Solana treasury dumped $12.5M of SOL at a 54% loss – and its balance sheet still shrank appeared first on CryptoSlate.

Bitcoin Magazine

Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

Bitcoin Magazine Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback Strategy now hasn't bought Bitcoin since June as the company focuses on having a cash cushion. This post Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

CoinTelegraph

Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.