Hive Digital Technologies (Hive) has many up-to-date products in the cryptocurrency industry. It was the first publicly commercial miner Bitcoin in 2017 and one of the earliest, who in 2022 created a decisive change of high -performance calculations (HPC).
Now Hive has returned to the center of attention, calling to close the securities in Nasdaq on the stock exchange, because it increases during next year to HPC’s $ 100 million activities.
Cointelegraph received an exclusive invitation to the NASDAQ event, in which we sat down with the chairman of the executive Frank Holmes and general director of Aydin Kilic. They both discussed the escalation of the mining industry “Efforts for electricity and earth”, the evolving role of Bitcoin (BTC) as reserve assets and challenges related to the perception of the proxy Bitcoin in 2025.
This week, Crypto BD starts with the Hive-Nasdaq milestone, and then turns to the latest warning Citadel Securities to the Securities and United States Exchange Commission (SEC) and the extended election of the Bitcoin Mentor of the US President Donald Trump. It sums up with IPO Buzz, because another cryptocurrency native company goes to the audience.
HIVE NASDAQ Rings closing the bell when it increases HPC growth
HPC Hive has made significant progress since the first appearance in the profit and loss account in 2023. Currently, it has an annual run of $ 20 million, and forecasts are growing five times at the beginning of next year.
While Bitcoin Hive extraction operations remain profitable, the company actively diversifies in response to the next Halvings Bitcoin, which closed the margins of Górnik more and more. Recently, Hive has purchased a page near the main airport in Toronto, where it plans to add 7.2 megawatts HPC capacity.
Despite this progress, the results in Hive action did not always reflect his operational success. According to Kilic and Holmes, this is mainly due to the fact that the market still perceived Hive as Bitcoin replacement actions – leaving them exposed to changing investors’ moods.
Citadel warns SEC about too quickly moving tokenization
Because the American SEC is preparing to improve the tokenization regulations, potentially introducing “release from innovation”, Citadel Securities called caution, warning against too brisk and unintentional creation of regulatory gaps.
“Tokenized securities must achieve success, providing market participants of real innovations and performance, and not through selfish regulatory arbitration,” wrote Citadel Securities in a statement for Crypto Task Force Secur, checked by Bloomberg.
The market manufacturer has also warned that tokenization can weaken the wider stock market by exhausting liquidity and creating “new liquidity pools that are inaccessible” for institutional investors.
These comments appear among the growing institutional support for space, and the chairman of SEC Paul Atkins recently expresses mighty support for toketenization as a motor of financial innovation.
Mentor Bitcoin Trump sees a growth of hedging funds after winning the election
David Bailey, a cryptographic entrepreneur, played a key role in changing Trump’s position to Bitcoin – and his hedge fund, 210,000 capital, now collects awards.
According to Bloomberg, in 12 months to June, the capital of 210 thousand. Capital worth 640%, largely through investments in Bitcoin tax companies.
While Bloomberg did not specify which companies the fund has, the home company 210k Capital, Utxo Management, lists the exposure to the strategy, metaplanet, Moon Inc., The Smarter Web Company and other bitcoins related to bitcoins.
Managing Partner Tyler Evans said that the company is now watching an additional 30 investments in Proxy Bitcoin because it wants to expand its portfolio focused on cryptography.
Bitgo files for the American IPO as the care industry develops
Crypto Custodian Bitgo confidently submitted to SEC to implement the first public offer – another sign that digital assets continue to insist on public markets.
In the statement on Monday, Bitgo confirmed that he had submitted a draft registration declaration on the S-1 form for the proposed IPO in ordinary A-class shares. Details on the size and prices of the offer were not disclosed.
This movement occurs when activities in the field of Bitgo care are still developing. According to Bloomberg, since the beginning of the year, his assets in custody increased to $ 100 billion from $ 60 billion.
Bitgo is also one of the few American cryptographic companies actively looking for a bank card, said Cointelegraph in April.
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