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Bitcoin Miner Hive's Stock Rises After Record Q2 Revenue, AI Deal

Hive Digital Technologies' stock surged over 7.5% following its announcement of record revenue for Q2 2025, marking a 285% year-over-year increase to $87.3 million. This growth was bolstered by a significant deal with Dell Technologies to provide GPUs for its AI ambitions. The company also reported an impressive adjusted EBITDA of $31.5 million and attributed its success to a robust increase in Bitcoin mining, with revenue hitting $82.1 million. Despite the positive performance, Hive's stock has fallen over 37% in the past month amidst a broader downturn in the crypto market. Hive's Buzz division also reported record revenue of $5.2 million from high-performance computing, showcasing its diversification into AI services. The company aims to expand its GPU fleet significantly, indicating a future-oriented strategy amidst fluctuating cryptocurrency trends.

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Michael Saylor's MSTR is Barely Ahead on BTC Bet, but Threat of Imminent Danger Overblown

Michael Saylor's company, Strategy (MSTR), is currently in a precarious position as Bitcoin prices have fluctuated sharply, leaving their balance sheet at a near breakeven point. As of now, MSTR faces no immediate risk of collapse, but significant concerns arise in 18 months when holders of convertible notes

Cardano suffers temporary chain split from code bug, but ADA hangs on

Cardano's blockchain faced a temporary chain split due to an old software bug that was triggered by a malformed delegation transaction. This incident was caused by an ADA staking pool operator named Homer J, who exploited the bug using AI-generated code. As a result, there was a disagreement

XRP Drops With Market as Bitcoin Weakness Pulls Altcoins Into Oversold Territory

XRP's price has recently fallen to its lowest point in three sessions, largely driven by significant selling from whale wallets that offloaded nearly 200 million XRP. Market sentiment turned risk-averse as Bitcoin dropped below $90,000, pushing altcoins like XRP into oversold status. The trading volume surged, indicating

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