Category: Mining

[ad_1] Riot Platforms Q1 2026 Update The Texas-based bitcoin miner and data center developer (Nasdaq: RIOT) sold more than 2.5 times the 1,473 BTC it produced during the quarter. The company described the sales as routine treasury management to generate fiat liquidity for operational and capital expenses. Riot’s bitcoin holdings fell to 15,680 BTC by…

[ad_1] Internal Restructuring Bitcoin mining giant MARA, formerly Marathon Digital Holdings, has laid off roughly 15% of its workforce as part of a sweeping strategic shift away from pure-play crypto mining and toward energy and digital infrastructure services. According to a report by Blockspace, the layoffs affected full-time staff across multiple departments and may have…

[ad_1] U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities controlled by Chairman Xin Jin and Director Chang-Wei Chiu. The transaction issued 49,242,424 Class A ordinary shares, with proceeds settled in USDT. The deal fulfilled definitive agreements the company announced Feb. 12, 2026, and…