cover of episode Bitcoin Retakes $100,000 + Hut 8 Corp. & Core Scientific Earnings Analysis!

Bitcoin Retakes $100,000 + Hut 8 Corp. & Core Scientific Earnings Analysis!

2025/5/8
logo of podcast Power Mining Analysis

Power Mining Analysis

Shownotes Transcript

Bitcoin breaks through the $100,000 threshold, pushing mining stocks significantly higher as the market demonstrates strong momentum across both Bitcoin and altcoins.• Bitdeer leading mining stock gains, up nearly 19% as they advance their Seal Miner technology• Hut 8 earnings show net loss of $134.3 million due to Bitcoin holdings valuation, but reveal 2.6 gigawatts of exclusive power capacity• Core Scientific on track for 250 megawatts of billable capacity to CoreWeave bringing $360 million annual run rate• CoreWeave partnership delivers 75-80% net profit margins on a 10-year, $10 billion contract• Coinbase acquires Deribit for $2.9 billion, the largest M&A activity in crypto history• Arizona signs modified Bitcoin reserve bill using funds from confiscated assets• New Hampshire becomes the first state to formally adopt a Bitcoin strategic reserveGo to compassminingio to learn more about Bitcoin mining hosting solutions for individuals and businesses.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter