Marathon Digital Holdings could be partnering with Exxon Mobil and Saudi Aramco to use flare-gas for Bitcoin mining at oilfields, turning waste methane into a monetized asset. Marathon’s CEO, Fred Thiel, hinted at discussions with top energy firms, aligning with Exxon’s past pilot with Crusoe Energy and Aramco’s recent MoUs. The company’s mobile mining infrastructure is already proven in Texas, avoiding grid competition and qualifying for methane credits. Regulatory pressures, like the U.S. methane emissions fee, and post-halving margin compression make flare-gas mining an attractive option. While skepticism remains due to lack of official confirmations, a deal could shift the industry’s focus from feasibility to scalability.
about Marathon in Talks with Exxon, Aramco for Flare-Gas Bitcoin MiningMarathon Digital Holdings
0 in Finance and 0 in Crypto last weekMalikie Sues Bitcoin Miners Over BlackBerry Patents
Malikie Innovations, a firm that purchased 32,000 patents from BlackBerry in 2023, has filed lawsuits against Bitcoin mining giants Marathon Digital and Core Scientific. The legal action claims that Bitcoin’s use of Elliptic Curve Cryptography (ECC) infringes on Malikie’s intellectual property. The filings argue that BlackBerry’s early innovations in ECC were later adopted by Bitcoin’s designers. If successful, this case could set a precedent for patent enforcement in the crypto space, potentially affecting mining operations and blockchain security protocols. The outcome may also influence how legacy tech patents are leveraged against emerging technologies like cryptocurrency.
about Malikie Sues Bitcoin Miners Over BlackBerry PatentsMeta Shareholders Reject Bitcoin Treasury Proposal
Meta shareholders decisively rejected a proposal to allocate part of the company’s $72 billion cash reserves to Bitcoin, with nearly 5 billion votes against the idea. The proposal, submitted by Bitcoin advocate Ethan Peck, suggested Bitcoin as a hedge against inflation, citing BlackRock’s stance on a 2% allocation. However, Meta’s leadership and investors favored traditional financial strategies, contrasting with firms like MicroStrategy and GameStop, which have embraced Bitcoin. Metaplanet and MicroStrategy continue to expand their Bitcoin holdings, while Meta and Microsoft remain hesitant. The vote underscores the divide between crypto-adopting firms and those sticking to conventional treasury management.
about Meta Shareholders Reject Bitcoin Treasury ProposalMARA Hits Record $752M Bitcoin Mining Revenue
MARA Holdings, formerly Marathon Digital Holdings, has set a new all-time high in Bitcoin mining revenue, surpassing $752 million in annualized earnings on May 27. This achievement comes as Bitcoin’s price surge propels profitability, with the company’s BTC holdings now valued at over $5 billion. As the largest publicly traded Bitcoin mining firm by market cap, MARA’s real-time revenue data, highlighted by CryptoQuant, underscores its dominant position in the industry. CryptoQuant CEO Ki Young Ju emphasized the advantage of onchain data over traditional quarterly reports for tracking real-time performance.
about MARA Hits Record $752M Bitcoin Mining RevenueCrypto Stocks COIN, RIOT, MARA: Mixed Signals, Strong Potential
Coinbase (COIN), Riot Platforms (RIOT), and Marathon Digital (MARA) are three crypto stocks with mixed short-term performance but strong long-term prospects tied to Bitcoin’s stability. Coinbase, the largest Bitcoin custodian, reported $6.6 billion in 2024 revenue but faces short-term volatility. Riot is pivoting to AI after a Q1 net loss, while Marathon awaits its May 8 earnings report for potential momentum. Bitcoin’s price at $79,775.48 influences these stocks, with recent ETF outflows adding market uncertainty. Analysts remain bullish on Coinbase, while Riot and Marathon navigate transitions and earnings catalysts.
about Crypto Stocks COIN, RIOT, MARA: Mixed Signals, Strong PotentialCorporates May Invest $330B in Bitcoin by 2029: Bernstein
Bernstein Research forecasts $330 billion in corporate Bitcoin treasury inflows by 2029, with $205 billion coming from listed firms—primarily small, low-growth companies mimicking MicroStrategy’s strategy. The report highlights MicroStrategy’s dominance, holding 555,450 BTC ($52.5B) at a 38% unrealized profit, while cautioning that success depends on BTC’s volatility. Public companies collectively own over 723,000 BTC ($68B), with mining firms like Marathon Digital trailing MicroStrategy. Bernstein’s bull case includes $124B additional inflows from MicroStrategy alone, driven by its recent capital raises. The analysis underscores Bitcoin’s evolving role as a corporate treasury asset but notes risks in replicating MicroStrategy’s high-stakes model.
about Corporates May Invest $330B in Bitcoin by 2029: Bernstein5 Crypto Trends Driving Growth in 2025: Palihapitiya
Chamath Palihapitiya highlights five crypto trends shaping 2025: 1) Bitcoin treasuries, with firms like MicroStrategy and Metaplanet amassing BTC as core assets; 2) Mergers between TradFi and crypto firms (e.g., DTCC buying Securrency); 3) Institutional acquisitions like Ripple’s $1.25B purchase of Hidden Road to expand XRP Ledger settlements; 4) Exchange consolidation, exemplified by Kraken’s $1.5B NinjaTrader deal; and 5) On-chain project mergers like Fetch.ai and Ocean Protocol forming the ASI Alliance for decentralized AI. U.S. crypto M&A hit $8.2B in early 2025, signaling rapid institutional adoption and regulatory shifts.
about 5 Crypto Trends Driving Growth in 2025: PalihapitiyaJanover Buys $10.5M Solana, Expands Crypto Treasury Strategy
Janover has acquired $10.5 million worth of Solana, bringing its total holdings to 163,651.7 tokens valued at roughly $21.2 million. The company plans to stake its newly acquired Solana immediately, with future ambitions to operate its own validators. This acquisition is part of a broader trend where public companies, inspired by firms like MicroStrategy, are increasingly adding cryptocurrencies to their balance sheets. Janover’s shares surged nearly 13% in the past 24 hours, reflecting investor optimism around its digital asset strategy. Other companies, including Fathom Holdings and Cosmos Health, have also begun accumulating Bitcoin and altcoins.
about Janover Buys $10.5M Solana, Expands Crypto Treasury Strategy