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Christopher Tepedino
Christopher Tepedino
3 hours ago
Bitcoin miner Hut 8 announces 1.5GW expansion in the US, stock rises 10%
Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads.
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Bitcoin miner Hut 8 announces 1.5GW expansion in the US, stock rises 10%
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Bitcoin mining company Hut 8 is building four new Bitcoin mining sites in Texas, Louisiana and Illinois, adding 1.5 gigawatts o

Strategy buys 3,081 Bitcoins worth $342M as portfolio reaches 632,457 BTC
Strategy Inc., the company led by pro-Bitcoin executive chairman Michael Saylor, announced the purchase of 3,081 Bitcoins between August 18 and August 24, 2025. The acquisition was disclosed on August 25, bringing the firm’s total holdings to 632,457 BTC, acquired for approximately $46.5 billion at an average price of $73,527 per coin. 
According to the business intelligence firm’s report, the latest purchase cost $356.9 million at an average of $115,829 per Bitcoin, representing a year-to-date yield of 25.4% in 2025.

Whale Converts Ethereum Holdings to USDT, Profits $51.7 Million
AI Summary
According to PANews, a significant cryptocurrency whale or institution has recently sold its remaining Ethereum (ETH) holdings, totaling 10,425 ETH, in exchange for approximately 49.737 million USDT over the past 13 hours. This entity initially purchased ETH in July and sold it in August, transforming 98.33 million USDT into 150 million USDT.
In June, the whale or institution transferred 98.33 million USDT from TRX to ETH using ten different addresses. On July 14, they invested heavily by acquiring 33,333 ETH at an aver

#eth#
Ethereum (ETH) August 23, 2025:
1. Current Price: Ethereum is trading at approximately $4,829.23** (as of August 23, 2025), reflecting a +14.32% increase** from yesterday's price of $4,224.44 .
2. New All-Time High: ETH recently smashed its previous 2021 record, reaching a new all-time high of $4,878** (or **$4,891.70 per some sources) . This surge was largely triggered by Federal Reserve Chair Jerome Powell's dovish signals, hinting at potential interest rate cuts in September .
3. Short-Term Technicals:
Resistance: Immediate resistance lies near $4,400–$4,450 (supply zone) . A break a

Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano's ADA slid 8% ...

$DOT Gavin Wood is returning as CEO of Parity Technologies in late September (the team behind Polkadot): Estimates of 2025 range of $4.74 to $5.30, average around $4.90. For Long-term (2026–2031), the project DOT could reach up to $12.40 in 2027, and as high as $38 by 2030. #dot

#eth#
Ethereum (ETH) is currently trading around $4,419 with a 24h volume of $36.2B. Market outlook for the short and long term shows both cautious and bullish scenarios:
Short-term forecast: ETH could reach $4,455 tomorrow, moving within a range of $4,382 – $4,657.
Weekly outlook: Some analysts see ETH pushing toward $5,593.18 within a week, and possibly $5,758.13 within four weeks.
Long-term forecast: Projections point to ETH hitting $6,000 by Q4 2025, and potentially $10,000 in 2026, supported by institutional adoption and strong fundamentals
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Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade.
AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin
BTC
$117,938
miners getting “priced out” or deprioritizing mining activities, according to a July 31 research report from Bitcoin mining infrastructure provider GoMining Institutional.