Bitcoin Bancorp Expands Crypto ATM Network to Texas in 2026

Bitcoin Bancorp, the cryptocurrency ATM operator formerly known as Bullet Blockchain, has announced a significant expansion into Texas, planning to deploy up to 200 machines by the first quarter of 2026. This strategic move places the company alongside established players like Bitcoin Depot and CoinFlip in a state rapidly emerging as a central hub for digital asset activity in the United States. The expansion is driven by Texas’s reputation for business-friendly, pro-innovation regulation and its large population, highlighting a broader trend of institutional and retail crypto adoption converging in the Lone Star State.

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Saylor’s Bitcoin Buy Hint Amid Miner Stress & Corporate Accumulation

Michael Saylor’s cryptic ‘Back to Orange Dots?’ tweet has reignited speculation about another major Bitcoin purchase by MicroStrategy, even as on-chain data signals miner strain and short-term holder losses. The interplay between relentless corporate accumulation and underlying network stress is creating a tense backdrop for Bitcoin traders. This divergence highlights the ongoing battle between institutional conviction and technical headwinds in the crypto market.

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Bitdeer Reports $532M Q4 Loss Amid Bitcoin Price Slump

Leading cryptocurrency mining company Bitdeer reported a staggering $531.9 million net loss in Q4 2024, driven by declining Bitcoin prices and reduced transaction activity. The company’s revenue plummeted 40% year-over-year to $69 million, while its share price dropped 23% following the earnings announcement, highlighting the severe challenges facing crypto miners in the current market environment.

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Bitcoin Mining Stocks Plunge 20-50% Amid BTC Pullback

Major Bitcoin mining stocks suffered devastating losses this week, plummeting 20-50% as the sector dramatically underperformed Bitcoin’s modest pullback. Publicly traded miners saw billions in market value evaporate during the five-day trading period, with nearly every significant mining company posting double-digit declines that highlight the sector’s heightened volatility and amplified risk profile compared to the underlying cryptocurrency.

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Bitdeer Ohio Facility Fire After $266M Q3 Loss

Bitcoin mining company Bitdeer Technologies faces a challenging week as a fire at its Massillon, Ohio facility compounds financial pressures following a $266 million third-quarter net loss. The Tuesday incident damaged two buildings under construction at the site, though company officials confirmed no casualties occurred and no mining equipment was affected. Most critically for investors, Bitdeer stated the fire will not impact its operational hashrate—the vital measure of Bitcoin mining computing power that drives revenue generation.

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Bitdeer Bitcoin Mining Site Fire in Ohio, Shares Drop 31%

A fire has damaged two buildings at Bitdeer’s under-construction Bitcoin mining facility in Massillon, Ohio, compounding existing challenges for the Singapore-based crypto miner. While no injuries were reported and no mining equipment was affected, the incident comes amid significant stock price declines for the publicly traded company, with shares plummeting over 31% in the past week as Bitdeer faces both operational setbacks and substantial financial losses.

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Bitdeer Stock Plunges 20% After Q3 $267M Loss

Bitcoin miner Bitdeer Technology Group saw its stock plummet 20% on Monday following disappointing third-quarter results that revealed a net loss of $266.7 million, representing a staggering 422% decline from the previous year. Despite nearly tripling its revenue to $169.7 million and beating analyst expectations, the company’s loss per share of -$1.28 significantly missed estimates, triggering the sharp selloff that erased gains made over the previous month.

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Bitdeer Q3 Revenue Soars 174% Despite $267M Loss

Singapore-based Bitcoin miner Bitdeer Technologies reported explosive revenue growth of 174% in Q3 2025, reaching $169.7 million, driven by expanded self-mining operations. However, the company’s shares plummeted nearly 20% as it booked a massive $266.7 million net loss, primarily from non-cash convertible debt revaluation, creating a stark contrast between operational success and financial performance that rattled investors.

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Bitcoin Miners Reshape Industry Post-Halving

Smaller Bitcoin miners are rapidly gaining ground on industry leaders following the 2024 halving event. Companies like Cipher Mining and Bitdeer have significantly expanded their hashrate, narrowing the gap with top players. This shift signals a major rebalancing of power within the competitive mining sector as tier-2 operators surge in both hashrate and debt, fundamentally reshaping the industry’s balance of power.

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Bitdeer Expands Self-Mining Amid Weak Mining Rig Demand

Bitdeer Technologies Group is dramatically expanding its Bitcoin self-mining operations as demand for mining rigs softens, positioning the company to compete directly with its own hardware customers. This strategic pivot, detailed in recent company filings showing substantial year-over-year capacity growth, reflects a broader industry trend of hardware manufacturers turning to in-house mining operations during the current Bitcoin bull market as equipment sales face headwinds.

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Crypto Leaders Push for U.S. Bitcoin Reserve on Capitol Hill

In a landmark gathering on Capitol Hill today, top cryptocurrency executives including Michael Saylor, Fred Thiel, and Charles Hoskinson are advocating for revolutionary legislation that would establish a U.S. strategic bitcoin reserve. Hosted by Republican lawmakers Senator Cynthia Lummis and Representative Nick Begich, this high-stakes roundtable aims to advance the BITCOIN Act through bipartisan support, framing bitcoin reserves as critical for national security and maintaining America’s economic competitiveness in the digital age.

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Crypto Stocks Soar on Fed Dovish Signals, Ethereum ETFs Rebound

Federal Reserve Chair Jerome Powell’s dovish speech at Jackson Hole triggered a rally in crypto stocks, with Ethereum treasury companies and Bitcoin miners leading gains of 8-15%. While Bitcoin ETFs bled $1 billion over five days, Ethereum ETFs rebounded with $288 million in net inflows. Figure Technologies filed for an IPO, highlighting its dominance in tokenized private credit with over $16 billion in processed home loans. The market reaction reflects optimism around potential rate cuts, though analysts caution about underlying economic challenges including debt and inflation. Other developments include Nasdaq delisting Windtree Therapeutics and Bitdeer’s plans to manufacture mining rigs in the US.

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