Largest Bitcoin mining firm sold 63% of mined BTC in May
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjusted operations after the halving event.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjusted operations after the halving event.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
OKX Europe chief says an AI-native ‘super currency’, not a stablecoin, may become the world’s largest
OKX Europe CEO Erald Ghoos predicts an AI-native 'super currency' for autonomous agents could become the largest currency ever, be...
Russia’s Sber eyes USDT loans, questions digital ruble demand
Russia’s largest bank, Sber, plans to accept USDT and Ether alongside Bitcoin as loan collateral as the country introduces regulat...
DTCC partners with BitGo to launch digital asset infrastructure for tokenized US Treasuries and equities
The DTCC's blockchain move could revolutionize financial markets by reducing counterparty risk, but scaling challenges may pose li...
Swedish Tax Scrutiny Shadows Crypto Miners’ Pivot to AI
Swedish tax authorities are challenging hundreds of millions of kronor in VAT deductions claimed by data center operators in the c...
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, B...