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Bitcoin News: Wall Street Crypto Miner's Stocks Collapse as BTC Price Slips Below $90K

Bitcoin mining stocks fell sharply this week due to losses and Bitcoin price drops, with notable declines in Cipher Mining and Bitdeer Technologies amid investor concerns.

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Bitcoin Miner GDA Expands West Texas Facilities With 50 MW Deployment

Genesis Digital Assets expands its Texas bitcoin mining with 50 MW increase, enhancing operations at Pyote and Vernon sites and utilizing demand-response programs for efficiency.

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Cipher Mining shares down 17% as 2024 losses mount

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Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss

Bitdeer's stock fell 20% after a $532 million Q4 loss, tied to its ASIC development. Despite challenges, its shares have risen 63% in the past year.

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AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

The article discusses the shift among bitcoin miners towards AI and HPC strategies, highlighting the coexistence of these approaches with traditional bitcoin mining operations.

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This Wall Street Bitcoin Miner Just Hoarded $1.65 Billion in BTC

Riot Platforms reported 2024 record revenue of $376.7 million amid challenges, with a 141% increase in Bitcoin holdings, but higher mining costs and lower production.

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Riot Platforms reports 34% revenue surge in 2024 driven by mining growth

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Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings

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Crypto mining tech firm Bgin Blockchain files for $50M IPO in US

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Crypto firm BitFuFu acquires data center in Oklahoma for $20M

BitFuFu has acquired a $20 million data center in Oklahoma, expanding its Bitcoin mining operations as part of a global growth strategy amid changing U.S. crypto policies.