Category: Bitcoin News

BitGo wins Moon deal to scale Bitcoin card products in Asia

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BitGo has partnered with Moon Inc. to support Bitcoin-powered card products across Asia.  Summary Moon selected BitGo Singapore to support Bitcoin-linked prepaid card products across Asia’s consumer markets. Hong Kong retail stores and Moon’s online shop will carry prepaid Bitcoin gift cards this month. The deal follows BitGo’s Q1 revenue growth and rising demand for regulated crypto infrastructure. The deal uses BitGo Singapore, a Monetary Authority of Singapore-regulated entity, as the infrastructure layer for Moon’s bitcoin-linked consumer card products. Moon will start with prepaid Bitcoin gift cards. The cards are…

Bit Digital posts $146.7m loss as company cuts bitcoin mining exposure

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Bit Digital has reported lower first-quarter revenue and another steep quarterly loss as the Nasdaq-listed company continues redirecting capital from bitcoin mining into Ethereum staking and treasury operations. Summary Bit Digital reported a $146.7 million net loss as revenue from ETH staking, cloud services, and crypto mining declined in Q1. The company held more than 154,000 ETH at the end of March while continuing to reduce exposure to bitcoin mining. Bit Digital said future capital deployment will continue focusing on Ethereum operations and infrastructure businesses. According to Bit Digital’s earnings…

Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?

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This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original article can be viewed here. Bitcoin’s average network hashrate, based on public blockchain data, declined from roughly 985 EH/s in Q4 2025 to 873 EH/s in Q1 2026. Separately, TheEnergyMag compiled quarterly production disclosures from major publicly traded miners to calculate their respective realized hashrate implied from Bitcoin production results. At first glance, the aggregate change among large public miners…

Strategy’s STRC hits $1.53B volume amid fresh Bitcoin treasury push

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Strategy has recorded a new trading volume high for its STRC perpetual preferred stock, adding fresh attention to the company’s use of structured equity products to finance Bitcoin purchases. Summary Strategy’s STRC preferred stock recorded a new daily trading volume high of $1.53 billion on Thursday. The company could theoretically raise enough capital through STRC activity to purchase about 9,066 Bitcoin, according to STRC.live data. According to a post from Michael Saylor, Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, trading under the ticker STRC, reached $1.53 billion in…

Bitcoin Reclaims $81,000 Briefly After Trump Wraps Beijing Summit With China Trade Extension

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Key Takeaways Both leaders extended the October 2025 trade truce under a new “strategic stability” framework. A 3.8% U.S. CPI print, the hottest in nearly 3 years, complicated the Fed rate-cut narrative and capped bitcoin’s upside during the summit. China agreed to buy soybeans, LNG, and 200 Boeing jets as multiple trade deals were announced. A Summit Between the World’s Two Largest Economies Trump arrived in Beijing accompanied by a delegation of U.S. executives, including Tesla’s Elon Musk, Apple’s Tim Cook, Blackrock chief Larry Fink, and Nvidia CEO Jensen Huang.…

Borrowers Deserve Lenders Who Understand Bitcoin

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The following opinion article was authored by Matt Luongo, the Founder and CEO of Thesis*, the venture studio behind Mezo, tBTC, and Lolli. A developer by background, he’s been building in Bitcoin since 2014 and co-founded Fold, now publicly traded on Nasdaq. Under his leadership, Thesis* has raised capital from a16z, Polychain, ParaFi, and Pantera. Mezo, his current focus, grew out of his own attempt to get a Bitcoin-backed mortgage and the realization that Bitcoin still lacks a functioning credit market. He writes and speaks on self-custody finance, Bitcoin-native lending,…

Propy and Milo to Let Bitcoin Holders Buy Homes With $25M Financing Access

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Key Takeaways Propy and Milo launched a U.S. crypto mortgage platform with loans up to $25M. Bitcoin and Ethereum-backed mortgages could expand crypto use in real estate markets. Milo says its loans withstand 65% Bitcoin drops as crypto home-buying adoption grows. Tim Draper Backs Propy as Milo Expands Crypto Mortgage Access Across the U.S. Real estate platform Propy and crypto lender Milo are joining forces to build what the companies describe as the first end-to-end crypto-native home-buying system in the United States, targeting a growing class of digital asset investors…

XRP Price Dominates Crypto Market As Bitcoin And Ethereum Lag Behind

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Strive Reports 15,009 Bitcoin, Zero Debt After Semler Merger and Note Buyback

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Key Takeaways Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger. Medical-device revenue helped lift quarterly sales, while fair-value losses drove a large deficit. Daily SATA dividends are expected to begin soon, pending board declarations. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with the U.S. Securities and Exchange Commission (SEC) on May 14, reporting 15,009 bitcoin as of May 12 after additional bitcoin purchases and debt repayment activity. The company listed $929.4 million in digital assets at March…

Clarity Act clears Senate as Bitcoin hits $82K

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The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. Summary The Senate Banking Committee advanced the Clarity Act in a bipartisan 15 to 9 vote, with two Democrats crossing the aisle to back the bill. Bitcoin climbed above $82,000 following the committee vote before pulling back to around $81,500, up roughly 2.5% on the day. Unresolved ethics provisions and a 60-vote Senate floor threshold remain as the bill moves toward a full Senate vote ahead of…