Browsing: Bitcoin

A new Bitcoin mining machine factory is being constructed in Reno, Nevada, by Singapore-based Bitdeer Technologies. The facility, spanning 187,000 square feet, is set to produce 10,000 Bitcoin mining machines monthly and create 70 high-paying local jobs. The construction is part of Bitdeer’s strategy to enhance its manufacturing capabilities in the U.S., potentially reducing reliance…

The IBIT Bitcoin ETF, managed by BlackRock, experienced a notable shift last week with $292 million in net inflows, marking the first positive week after eight consecutive weeks of outflows. As of July 11, the ETF holds $60.286 billion in cumulative net inflows since its 2024 launch, reflecting renewed institutional interest in Bitcoin at current…

The Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) is the go-to actively managed vehicle for investors who want one ticker that covers the entire blockchain economy. BLOK owners get miners, exchanges, treasury holders, payment processors, and enterprise adopters bundled together, which is exactly the pitch: diversified exposure to a volatile theme without the risk of picking…