🟢 #Bitcoin #Miners With #Attractive #Power #Contracts Are #Potential M&A #Targets, #JPMorgan Says
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said.

🟢 #ERCOT CEO: #Texas' #Power Grid #Needs #Larger #Increase Than #Expected to #Handle AI, #Bitcoin #Mining
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.

🟢 #Bitcoin #Mining #Stabilizes #Power #Grids #Strained by AI Data #Centers
Bitcoin miners help expand the use of renewable energy and balance energy networks, says Ryan Condron, co-founder of Lumerin.

🟢 #Supreme #Court #Rules to #Overturn the #Chevron #Doctrine, #Curbing #Federal #Agencies’ #Power
The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing.

🟢 #Bitcoin #Miners Have #Considerable #Upside From #Their #Power #Portfolios: #Bernstein #bitcoin #btc #eth #crypto
- Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said.

🟢 Investors tend to focus on monetary policy from the major central banks and Canada, Sweden, and Switzerland have each cut rates three times this year. Lower borrowing costs going forward should boost the price outlook for crypto, says Scott Garliss.
The #Global Rate Cut #Cycle Will #Power Risk #Assets Even #Higher - #bitcoin #btc #eth #crypto

🟢 “Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post.
#Consensys Cuts 20% #Workforce, #Blames #SEC’s #‘Abuse Of #Power’ - #bitcoin #btc #eth #crypto

🟢 Portal Ventures wrote the lead check in Uranium Digital's $1.7 million round.
#Power-Hungry AI #Fuels #Crypto VC's Bet on #Tokenized #Uranium #Startup - #bitcoin #btc #eth #crypto

🟢 It's the 12th consecutive week the company has purchased bitcoin.
#MicroStrategy Adds #10.1K #Bitcoin to #Holdings, #Launches #Preferred #Stock Sale for #Additional #Buying #Power - #bitcoin #btc #eth #crypto

🟢 The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry.
#Bitdeer Buys 101 MW Gas #Power #Plant in #Alberta, #Canada for BTC #Mining - #bitcoin #btc #eth #crypto

🟢 With rising energy cost, many miners may not survive the 2028 halving, MARA said.
#Bitcoin #Miners #Drawing #Power From #Grids Will Face #'Reckoning' Post Next #Halving, MARA Says - #bitcoin #btc #eth #crypto

🟢 The latest version of the bill expands the role of states in regulating stablecoins and proposes new transparency as well as enforcement requirements
#Latest #Draft of U.S. #Stablecoin Bill Aims to #Split #Power #Between #State and #Federal #Authorities - #bitcoin #btc #eth #crypto

🟢 The company last week announced its intention to add bitcoin to its balance sheet.
#GameStop Has #$1.5B of #Bitcoin #Buying #Power #After #Closing #Convertible Note Sale - #bitcoin #btc #eth #crypto

🟢 Nationwide raids have shut down an average of 2,300 miners a year operating on stolen power since 2020.
#Malaysia #Power #Theft by #Illegal #Crypto #Miners Rose 300% #Since 2018 - #bitcoin #btc #eth #crypto

🟢 The country plans on utilizing surplus energy from coal-fired power plants that are currently operating at 15% capacity to mine bitcoin.
#Pakistan Taps #Surplus #Power #Capacity to Fuel #Bitcoin #Mining, AI Data #Centers - #bitcoin #btc #eth #crypto

🟢 Investment sets stage for $1.5 billion total proceeds and strategic bitcoin accumulation with alpha-generating focus
#Strive #Closes #$750M #Investment Deal to #Power #'Alpha-Generating' #Bitcoin #Strategy - #bitcoin #btc #eth #crypto

🟢 The partnership centers around FinChain, a virtual asset business launched by Fosun Wealth Holdings.
#Vaulta, #Fosun Team Up to #Power #Blockchain #Infrastructure in Hong Kong - #bitcoin #btc #eth #crypto

🟢 The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.
#Trump #Media Has #$2.3B in #Bitcoin #Buying #Power #After #Closing #Capital #Raise - #bitcoin #btc #eth #crypto

🟢 Branded and established stablecoins win when they work together, writes Bastion CEO Nassim Eddequiouaq.
#Branded and #Established #Stablecoins Are Not #Competitors; #They’re a #Power #Combo - #bitcoin #btc #eth #crypto

🟢 The move will allow the Nasdaq-listed firm to add to its 609,000 SOL stack as of May 16.
DeFi #Adding $5B of #Solana #Buying #Power With New Line of #Credit - #bitcoin #btc #eth #crypto