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Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy. Interactive Strength, a maker of specialty fitness equipment, said Thursday its board has approved allocating up to $5 million in Bitcoin (BTC),…
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Bitcoin
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A federal court in Texas has struck down a Securities and Exchange Commission rule that expanded the definition of a broker to include decentralized finance platforms and other crypto entities. The SEC’s broker-dealer rule, finalized in February 2024, aimed to…
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Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West Texas, increasing its total energy pipeline to over 2.5 GW…
BTC
Bitcoin
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In a recent speech for the Texas Blockchain Council, U.S. Senator Ted Cruz referred to Bitcoin as an energy safety blanket for Texas’s grid infrastructure. Cruz described Bitcoin (BTC) as a “reservoir of power,” suggesting that it could serve as…
BTC
Bitcoin
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Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted…
BTC
Bitcoin
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Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…
BTC
Bitcoin
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A US court has temporarily suspended an Energy Information Administration (EIA) directive requiring Bitcoin miners to participate in a mandatory survey. The decision, made by Judge Alan Albright, prevents the EIA from enforcing the Texas Blockchain Council and its members…
BTC
Bitcoin
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Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.
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Texas Blockchain Council (TBC) and Riot Platforms have initiated a lawsuit against the U.S. Department of Energy (DOE), its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The legal challenge, filed in the U.S.…
BTC
Bitcoin
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A Texas crypto firm and industry group sued the SEC, disputing its authority over exchange-traded crypto, aiming to classify them as non-securities. In a legal maneuver against the U.S. Securities and Exchange Commission (SEC), a Texas-based crypto mining firm called…
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Residents of Granbury, Texas, are facing unprecedented disturbances, health issues, and environmental crises due to a local Bitcoin mining operation, as reported by TIME.
BTC
Bitcoin
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A new report from The New York Times sheds light on how Chinese investors, aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry Yu, appears to be the majority owner of a Texas-based…
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Tether
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Core Scientific CEO Adam Sullivan expressed his satisfaction at the resolution, stating he was pleased to resolve “all existing litigation” with Celsius Mining.
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Marathon Digital Holdings has revealed that its performance in June was mixed, partly because of bad weather
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The 88th session of the Texas Legislature has passed a series of bills set to influence the state's bitcoin mining industry.
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Texas lawmakers have voted in favor of an amendment to the state's Bill of Rights, potentially setting the stage for the inclusion of digital currencies as a recognized medium of exchange.
