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cover of episode Is Riot Selling Bitfarms? + Big News from Bit Digital & WhiteFiber!

Is Riot Selling Bitfarms? + Big News from Bit Digital & WhiteFiber!

2025/6/2
logo of podcast Power Mining Analysis

Power Mining Analysis

Shownotes Transcript

The Bitcoin mining sector is experiencing a significant transformation as major companies pivot toward AI and high-performance computing infrastructure while global regulatory attitudes toward Bitcoin continue to diverge dramatically.• Bitcoin price holding steady above $100,000 for the longest duration in history• China announces complete ban on crypto ownership while Russia explores Bitcoin-backed bonds • Texas approves bill allowing up to 5% of state funds to be invested in Bitcoin• BitDigital announces $1 billion AI data center campus with 1 million square feet in North Carolina• Riot Platforms hires Jonathan Gibbs as Chief Data Center Officer to lead their data center initiatives• Riot files disclosure about potential sale of their Bitfarms shares• Mining stocks showing mixed performance despite Bitcoin's relative strength• More companies globally adding Bitcoin to corporate treasuries, with some receiving significant premiumsSign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter