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📰 Crypto News

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Thu, 07th May 2026 04:40:18 AM EST

Core Scientific shares slip after bitcoin miner swings to Q1 net loss despite higher revenue

Core Scientific shares slip after bitcoin miner swings to Q1 net loss despite higher revenue
Core Scientific reported higher Q1 revenue and gross profit, though the company swung to a net loss driven largely by impairment charges.

(The Block)
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Thu, 07th May 2026 04:38:54 AM EST

Saylor Says Strategy Can Sustain Dividends With Just 2.3% Bitcoin Growth

Saylor Says Strategy Can Sustain Dividends With Just 2.3% Bitcoin Growth
Michael Saylor has reaffirmed that Strategy Inc. can maintain its dividend payments indefinitely with only a 2.3% annual increase in Bitcoin price. The statement highlights the companys growing confidence in its long-term Bitcoin treasury strategy as it continues to hold one of the largest corporate BTC reserves in the world.

(Tokenpost)
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Thu, 07th May 2026 04:30:06 AM EST

US Bitcoin Reserve Plan Nears Major White House Update

US Bitcoin Reserve Plan Nears Major White House Update
White House crypto advisor Patrick Witt said the Trump administration will announce new details on the US Strategic Bitcoin Reserve within “the next few weeks,” framing the update as both a policy milestone and a custody response after an alleged exploit involving digital assets held by the US Marshals Service. Speaking at Consensus 2026 in Miami on Wednesday, Witt said the administration's work on the Strategic Bitcoin Reserve, or SBR, and the separate digital asset stockpile had been progressing largely out of public view.

(NewsBTC)
 
Thu, 07th May 2026 04:30:00 AM EST

American Bitcoin Stock Jumps Despite $81.8M Q1 Loss

American Bitcoin Stock Jumps Despite $81.8M Q1 Loss
American Bitcoin reported an $81.8 million net loss in Q1 2026 as falling Bitcoin prices reduced the value of its digital asset holdings.

(Coinpaper)

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