Crypto News
Rumble Mulls €1B Northern Data Takeover as Peak Mining Set for $235M Sale
Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of Germany’s bitcoin mining and AI data center operator Northern Data. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies.Source link
BitMine’s ETH Holdings Near $5B After Latest Purchase; BMNR Tops Big Names in Trading Volume
BitMine Immersion Technology (BMNR), the bitcoin miner turned ether (ETH) treasury under Fundstrat's Tom Lee's leadership, said it added roughly $2 billion of tokens over the past week, bringing total holdings to near $5 billion.Bitmine's ETH stash exceeded 1.15 million tokens as of Sunday evening, up from 833,137 the week before.BMNR shares were up over 10% pre-market at $57, extending Friday's almost 25% advance.The firm added that its stock has become one of the most traded in the U.S. market averaging $2.2 billion in daily trading volume last week. That ranks BMNR 25th among U.S.-listed firms, topping bank giant JPMorgan (JPM) and chipmaker Micron Technology (MU)."We are leading crypto treasury peers by both the velocity of raising crypto NAV ...
Ethereum Surge Shifts Focus to Altcoins as Speculation Heats Up
Analysts remain cautiously optimistic, but expect Ethereum and Bitcoin’s breakout to fuel altcoin season.Source link
BlackCat With a New Name? TRM Says the Ransomware Group May Have Rebranded to Embargo
Ransomware group Embargo has pulled in at least $34.2 million in various tokens since its emergence in April 2024, according to TRM Labs. The blockchain analytics firm says the ransomware group's infrastructure and coding overlaps suggests it may be a likely rebranding of the defunct BlackCat (ALPHV) operation.The group operates a ransomware-as-a-service model, providing affiliates with tooling while controlling the infrastructure and negotiations. U.S. healthcare, manufacturing, and business services have been primary targets as sectors where downtime is costly and ransom leverage is high.Demands have reached $1.3 million, with victims including American Associated Pharmacies and multiple regional hospitals.In its Monday report, TRM traced on-chain links between historical BlackCat wallets and addresses tied to Embargo victims, alongside off-chain similarities such as...
Strategy Stacks Another 155 Bitcoin—Now Holds 628,946 BTC
On Monday, Aug. 11, 2025, Strategy founder Michael Saylor revealed that his company scooped up another batch of bitcoin ( BTC). With the fresh addition, Strategy’s stash of bitcoin has grown even larger. On the social media platform X, Saylor wrote, “Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and hasSource link