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The post CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss appeared on BitcoinEthereumNews.com. CleanSpark (CLSK) stock fell over 9.4% in pre-market trading on Tuesday after the U.S. bitcoin BTC$80,570.00 mining company reported a widening net loss of $378.3 million for its second fiscal quarter, hit by a significant non-cash adjustment to its digital asset holdings. The company reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year. The loss of $1.52 per share was more than triple the analyst estimate on EPS of a 41 cents’ loss. The firm’s bottom-hit was mainly driven by a $224.1 million non-cash bitcoin fair value loss, reflecting market volatility. Quarterly revenue reached $136.4 million, down 25% from $181.7 million year-over-year, the report revealed, missing estimates of $154.3 million. Despite the dip, CleanSpark expanded its infrastructure,
Read full articleKeel's pivot to AI, despite initial losses, signals a strategic shift with potential long-term growth, leveraging its Bitcoin assets for funding. The post Keel Infrastructure posts $145M loss as it pivots from Bitcoin mining to AI appeared first on Crypto Briefing.
Software firm Strategy (formerly MicroStrategy) and its co-founder Michael Saylor have become synonymous with Bitcoin. Here’s what you need to know.
Ord.io will shut down on June 1, 2026, after about three years of operation. The platform served more than 1 million users as a Bitcoin Ordinals explorer. Ord.io plans to open‑source its historical likes, replies, and address data on GitHub. The Bitcoin industry is on the verge of a significant transition as one of the […] The post Why Ord.io Is Closing Despite Becoming a Top Ordinals Platform appeared first on Live Bitcoin News.
The U.S. stock market is printing fresh highs again, but one of Wall Street’s best-known valuation gauges is flashing a far less comfortable message. This time, the warning is coming from the so-called “Warren Buffett Indicator,” which has climbed to its highest level on record as major indices keep pushing upward. Market Cap-to-GDP Gauge Surges […]
Rising inflation and Bhutan's Bitcoin sell-off signal potential market volatility, challenging the optimistic outlook for crypto investments. The post Hot inflation data spooks markets as Bhutan keeps dumping Bitcoin appeared first on Crypto Briefing.
BTC is currently 36% below its October 2025 ATH, but Hayes says getting back to that point is a "foregone conclusion."
Michael Saylor tied the CLARITY Act to Strategy’s bitcoin capital model, saying clearer rules could support BTC, STRC, and MSTR-linked markets. The framework positions BTC as digital capital, STRC as digital credit, and MSTR as digital equity. CLARITY Act Could Reprice Strategy’s Bitcoin Capital Model Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor on May 12 […]
The post Ether Hits 10-Month Low Against Bitcoin as ETH ETFs Lag, Sharplink Eyes $16 Target appeared on BitcoinEthereumNews.com. Ethereum News The ether-to-bitcoin ratio slid to 0.02835 on Tuesday, marking the weakest reading since July 2025 and extending a 35% retreat from the August peak of 0.04324. The pair has now fallen roughly 2% on the session against bitcoin’s 1% decline, deepening a divergence that has defined the past several months. The ratio remains substantially below its 200-week moving average near 0.04828, a level technical traders view as confirmation that Ethereum sits in a structural bear market relative to bitcoin. Capital rotation toward bitcoin since the January 2024 spot ETF launches continues to weigh on relative performance, despite a sharp interim rebound through late 2025. Ether has tested the $2,400 resistance zone five times over the past month, with each attempt fading without follow-through. The persistent rejection coincides with weak institutional flows
