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Gold Worth Evaluation: XAU/USD Holds Close to $4,390 as Breakout Faces Weak Intraday Cash Move

Gold Worth Evaluation: XAU/USD Holds Close to $4,390 as Breakout Faces Weak Intraday Cash...

Gold traded around $4,383 on August 11 as intra-session strength lost steam below the psychologically important $4,400 figure. The session variation stood around 0.03% lower at 14:03 UTC on TradingView’s data. Price Action the traded created a widened range, from highs around $4,430 to lows around $4,340 throughout the 24- hour cycle to press time.…
Riot’s Anthropic Deal Exhibits Bitcoin Miners Are Transferring Deeper Into AI Compute

Riot’s Anthropic Deal Exhibits Bitcoin Miners Are Transferring Deeper Into AI Compute

Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards. The company’s filing describes a 20-year lease agreement for 191 megawatts of critical IT capacity at its Rockdale campus. The deal carries total revenue…
BlackRock Cuts IBIT In-Variety Conversion Minimal To $1M

BlackRock Cuts IBIT In-Variety Conversion Minimal To $1M

BlackRock has reduced the in-kind conversion minimum for its iShares Bitcoin Trust from $25 million to $1 million, potentially making the mechanism available to a wider group of institutional participants. The change was disclosed in an updated IBIT filing and relates to in-kind creation and redemption activity, not retail holders directly swapping ETF shares for…
BitMine Pushes Ethereum Treasury Previous 5.8M ETH

BitMine Pushes Ethereum Treasury Previous 5.8M ETH

BitMine Immersion Technologies has added another 7,391 ETH to its balance sheet, pushing its Ethereum treasury to about 5.81 million ETH. The company’s Ethereum position now represents roughly 4.8% of circulating supply, while more than 5 million ETH is staked through its validator platform. That makes BitMine one of the most aggressive public-company examples of…
Technique Boosts Money Reserve As Bitcoin Treasury Mannequin Will get Extra Advanced

Technique Boosts Money Reserve As Bitcoin Treasury Mannequin Will get Extra Advanced

Strategy has added $650 million to its USD reserve and repurchased $109 million of STRC preferred stock, showing again that the company’s Bitcoin strategy is no longer just a simple accumulation story. The company, formerly MicroStrategy, filed an update showing the reserve increase was funded through MSTR common stock ATM sales. It also sold 1,690…