The Commodity Futures Trading Commission (CFTC) opened a consultation on Aug. 19 seeking feedback on compute derivatives, a market that could hedge AI computing power prices, as Bitcoin miners invest …
Hyperscale Data, a Las Vegas-based company trading on the NYSE American under GPUS, sold approximately 685 Bitcoin for about $43 million to fund the expansion of its Michigan data center, reducing its…
Matthew Sigel, Head of Digital Asset Research at VanEck, said on The Rollup that Bitcoin and the crypto market will bottom in the fourth quarter, followed by stabilization, and predicted a massive rel…
Asset managers VanEck and Michael Saylor predict Bitcoin could reach $52 million by 2050 and $49 million by 2045 respectively, driven by Bitcoin's fixed supply and the depreciation of fiat currencies.…
VanEck's Matthew Sigel outlined a valuation framework for Bitcoin miners pivoting to AI, revealing a $37.6 billion opportunity. Miners with contracted AI capacity trade above 10x EV/EBITDA, while pipe…