Category: Bitcoin News

American Bitcoin becomes cheapest US BTC miner

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American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. Summary American Bitcoin cut its cost to produce one bitcoin by 23% to roughly $36,200 in Q1 2026, down from $46,900 in Q4 2025. The Trump family-linked miner posted a gross mining margin above 50% while most publicly listed rivals pivot capital toward AI infrastructure. Total fleet capacity reached 28.1 exahash by quarter-end, with the company holding roughly 7,021 BTC in its strategic reserve. American Bitcoin (ABTC), the Bitcoin mining company…

BlackRock IBIT leads Bitcoin ETF six-week run

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US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. Summary SoSoValue data for the week of May 4 to 8 shows $622.75 million in total net inflows across US spot Bitcoin ETF products. BlackRock’s IBIT attracted $596 million during the week, bringing its cumulative total to $66.1 billion. The six-week streak has pulled nearly $3.4 billion into US Bitcoin ETF products, the longest run since July 2025. US spot Bitcoin ETF products drew $622.75 million in net inflows during the week of…

Bitcoin Holds Above $81,500 as $135M in Leveraged Crypto Positions Get Liquidated

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Key Takeaways Bitcoin peaked at $82,458 on Sunday before retreating and consolidating under $82,000. Nearly $135 million in bitcoin positions were liquidated as Trump’s rejection of Iran’s deal flattened markets. Aramco CEO Amin Nasser warns that a blocked Strait of Hormuz could delay oil normalization until 2027. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of Monday morning. Data show that bitcoin began Monday,…

CryptoQuant rejects dump fears on Bitcoin whale

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A Bitcoin whale dormant since 2013 moved $40 million in BTC on May 10, with analysts ruling out an exchange dump. Summary A wallet inactive since November 2013 transferred 500 BTC worth roughly $40 million to a new address for the first time in over 12 years. Blockchain tracking service Whale Alert detected the transfer at 19:16 UTC, with the destination not linked to any known exchange. CryptoQuant’s Ki Young Ju called it classic OTC preparation, citing low fees and a non-exchange destination as the key signals. A long-dormant Bitcoin…

Bitcoin briefly reclaims $82,000 on Gate as volatility stays muted

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Bitcoin briefly reclaimed $82,000 on Gate with a 0.81% daily gain, keeping price pinned near the top of its recent range as prediction markets and derivatives data still point to muted volatility. Summary Gate data shows BTC/USDT trading around 82,010.7 dollars at 19:44 on May 11, up 0.81% on the day and sitting near the upper band of a tight recent range that also saw prints near 79,743 dollars on May 8 and 82,320 dollars on May 6. Historical aggregates from YCharts and other trackers put Bitcoin in the low‑80,000…

Adam Back Joins Capital B’s €15.2M Round to Expand Bitcoin Holdings

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Key Takeaways Capital B raises €15.2 million via private placement on May 11, 2026, targeting 182 additional BTC for its treasury. Adam Back joins as a strategic investor, lifting his stake to 13.43% as Capital B eyes 15,000 BTC by the end of 2027. Full warrant exercise could generate €99.1 million more, giving Capital B fuel for continued bitcoin accumulation. Capital B Closes €15.2M Round to Grow Bitcoin Treasury Toward 15,000 BTC Target According to the announcement, the firm sold 23,038,844 units, each comprising one ordinary share and four share…

BNY launches bitcoin and ether custody in Abu Dhabi’s ADGM

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BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. Summary BNY has launched institutional-grade digital asset custody in Abu Dhabi Global Market, initially covering Bitcoin and Ethereum for regional clients. The world’s largest custodian, overseeing $59.4 trillion in assets, plans to extend the platform to stablecoins and tokenized real‑world assets, deepening traditional finance’s regulated crypto footprint in the Gulf. The move is structured through a collaboration with Finstreet Limited and ADI Foundation, embedding digital assets…

AJC Mining leads a new trend in Bitcoin cloud mining

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana nears key resistance as cloud mining platforms like AJC Mining gain traction in crypto recovery phase. Summary As Solana and major crypto assets rebound, interest in cloud mining platforms like AJC Mining is increasing among everyday users. AJC Mining offers simplified access to mining through professional data centers and managed hashrate systems. With rising market participation, AJC Mining attracts attention for its infrastructure, security focus, and user-friendly mining…

Strategy resumes Bitcoin buying streak with 535 BTC purchase

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Strategy acquired 535 Bitcoin for about $43 million, paying an average price of roughly $80,340 per BTC, Michael Saylor said on Monday.  Summary Strategy added 535 BTC, raising its total Bitcoin holdings to 818,869 coins as of May 10. The purchase followed debate after Saylor said limited Bitcoin sales could help fund dividends. Strategy’s Bitcoin plan remains under scrutiny as preferred-share obligations raise fresh funding questions. The purchase lifted the company’s total holdings to 818,869 BTC as of May 10, 2026. Saylor said Strategy has now spent about $61.86 billion…

Strategy Adds 535 BTC for $43M, Saylor Pushes Total Holdings to 818,869 Bitcoin

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Key Takeaways Strategy acquired 535 BTC for $43 million at $80,340 per coin as of May 10, 2026. Saylor’s firm now holds 818,869 BTC with a total cost basis of $61.86 billion via MSTR and STRC. Strategy’s 9.4% BTC Yield YTD in 2026 signals continued per-share accumulation into Q3. Michael Saylor’s Strategy Adds 535 Bitcoin After ‘Back to Work’ Post on X Saylor posted “Back to work” on X on May 10, signaling another purchase was underway. The formal disclosure followed the next day, confirming the buy and updating the…