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cover of episode Bitcoin Miners Surge as Bitcoin Rebounds: Miners Rally | Bitcoin Mining Stocks to Watch + BTBT, BTDR, CIFR, CLSK, HIVE, HUT & SLNH News!

Bitcoin Miners Surge as Bitcoin Rebounds: Miners Rally | Bitcoin Mining Stocks to Watch + BTBT, BTDR, CIFR, CLSK, HIVE, HUT & SLNH News!

2025/6/24
logo of podcast Power Mining Analysis

Power Mining Analysis

Shownotes Transcript

Bitcoin mining stocks rally impressively as BTC rebounds to $105,000, with major companies announcing strategic financing initiatives and milestone achievements in both mining and high-performance computing.• Bit Digital secures $60 million credit facility with Royal Bank of Canada at 5.25% interest for data center expansion• Bitdeer formalizes $330 million convertible note offering (potentially increasing to $375 million) at 4.875% interest• Cipher Mining energizes first phase of Black Pearl facility, adding 2.5 Exahash with plans to reach 23.1 Exahash by Q3 end• CleanSpark achieves 50 Exahash milestone ahead of schedule, maintaining pure Bitcoin mining strategy across 30 US locations• Hive launches new NVIDIA GPU Hopper cluster, targeting $100 million annual HPC revenue by year-end• Hut 8 doubles Bitcoin-backed loan with Coinbase to $130 million at 9% interest• Soluna expands hosting partnership with Compass Mining to approximately 13 megawatts across Dorothy 1 and 2 projects• Miner Madness 4.0 competition announced with new automated entry system and grand prize interview opportunityJoin us tomorrow for a special interview with Luxor discussing derivatives and hashrate forward contracts.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter