CleanSpark said Q2 bitcoin mining revenue came in at $136.4 million, a 25% decrease from a year ago when it posted $181.7 million.
Bitcoin's rise above the $80,000 level has sparked renewed positive sentiment across the crypto market.
Strategy CEO Phong Le said last week that Bitcoin's daily trading volume — averaging more than $60 billion — is large enough to absorb the company's $1.5 billion in annual dividend payments without moving the market. Related Reading: Nearly 80% Of Bitcoin Supply Hasn't Moved As Long-Term Holders Tighten Grip That comment preceded co-founder Michael Saylor's latest post “Back to work, BTC” on X Sunday, a phrase he has used before to signal an imminent purchase.
The crypto market is gaining momentum with institutional inflows breaking last month's resistance. Fund flows to crypto ETPs mark the sixth consecutive week of inflows after a daunting spell in February.
Michael Saylor sat down with CoinDesk on selling bitcoin for dividends, retiring debt with STRC proceeds, and why critics who say Strategy buys the weekly top are missing the point.
Bitcoin holds above $80,000 as traders watch U.S. inflation data, Trump-Xi talks and the CLARITY Act for the next major crypto catalyst.
The European Bitcoin treasury company, Capital B, successfully closed a €15.2 million funding round. Adam Back, CEO of Blockstream and inventor of Hashcash, had a strategic participation. The executive increased his individual stake in the firm to 13.43%.
Bitcoin's on-chain profitability has stayed above the critical 1.0 level for 9 consecutive days, marking the longest profitable streak since October 2024. The trend indicates that investors are once again moving BTC at a profit while the market absorbs selling pressure without major weakness.
Saylor's stance reassures investors but highlights the precarious balance between Bitcoin's market volatility and Strategy's financial stability. Michael Saylor clarifies Strategy's Bitcoin stance: never be a net seller.
Bitcoin faces 2026's densest macro test as CPI, Warsh, and Trump-Xi collide This week (May 11-15) has a credible claim to being the most consequential macro window of 2026 so far, as it compresses every channel currently driving risk assets into a single sequence.
US spot Bitcoin ETF products drew $622.75 million last week, their sixth straight week of net inflows. US spot Bitcoin ETF products drew $622.
After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of Monday morning.