US Bitcoin Miners’ Market Cap Surges to $22.8 Billion

US Bitcoin Miners’ Market Cap Surges to $22.8 Billion

Publicly traded Bitcoin mining companies in the US experienced a surge in their combined market capitalization, briefly reaching $22.8 billion on June 15. This increase was fueled by a rise in stock prices and an expanded share of the network hashrate. Diversification into AI Data Centers JP Morgan attributes part of this growth to diversification…

Deutsche Telekom Ventures into Bitcoin Mining and Web3

Deutsche Telekom Ventures into Bitcoin Mining and Web3

Deutsche Telekom, the parent company of T-Mobile, has announced its intention to venture into Bitcoin mining, marking a significant expansion of their cryptocurrency endeavors. This move follows the company’s recent engagements with Web3 technologies, including collaborations with Polygon and Fetch.ai. A History of Crypto Exploration Deutsche Telekom has been gradually immersing itself in the cryptocurrency…