#bitcoin-mining - the daily grind

BREAKING

May 6A Bitcoin Miner Dumped Its Mining Ops for AI — Then Signed a $9.8B Deal and Hit an All-Time High Stock Price●May 6Pavel Durov Just Killed the TON Foundation and the Market Pumped 36% — Welcome to 'Decentralization'●May 5A Crypto Exchange Just Bought Wall Street's Back Office for $4.2 Billion●May 5JPMorgan, Morgan Stanley, and the CFTC Chair All Showed Up to Crypto's Biggest Conference — on the Same Day Bitcoin Hit $81K●May 4The Ethereum L2 That Processed a Billion Transactions Just Turned Off Forever — $34M Is Still Inside●May 4Kraken's Banker Was Allegedly Running a Ponzi Scheme With Client Funds — And Covered It Up for a Year●May 3276 People Just Got Arrested Running the Same Crypto Scam Type That Ensnared Trump's Own Venture●May 3Coinbase Just Agreed to Kill Passive Stablecoin Yield — And They're Calling It a Win●May 2Gemini Just Beat Every Crypto Exchange in the World — It Now Controls Its Entire Derivatives Pipeline, Legally●May 2500 Ethereum Wallets That Hadn't Moved in 8 Years Were Just Drained — And Nobody Knows How●May 6A Bitcoin Miner Dumped Its Mining Ops for AI — Then Signed a $9.8B Deal and Hit an All-Time High Stock Price●May 6Pavel Durov Just Killed the TON Foundation and the Market Pumped 36% — Welcome to 'Decentralization'●May 5A Crypto Exchange Just Bought Wall Street's Back Office for $4.2 Billion●May 5JPMorgan, Morgan Stanley, and the CFTC Chair All Showed Up to Crypto's Biggest Conference — on the Same Day Bitcoin Hit $81K●May 4The Ethereum L2 That Processed a Billion Transactions Just Turned Off Forever — $34M Is Still Inside●May 4Kraken's Banker Was Allegedly Running a Ponzi Scheme With Client Funds — And Covered It Up for a Year●May 3276 People Just Got Arrested Running the Same Crypto Scam Type That Ensnared Trump's Own Venture●May 3Coinbase Just Agreed to Kill Passive Stablecoin Yield — And They're Calling It a Win●May 2Gemini Just Beat Every Crypto Exchange in the World — It Now Controls Its Entire Derivatives Pipeline, Legally●May 2500 Ethereum Wallets That Hadn't Moved in 8 Years Were Just Drained — And Nobody Knows How●

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#bitcoin-mining

1 post

A Bitcoin Miner Dumped Its Mining Ops for AI — Then Signed a $9.8B Deal and Hit an All-Time High Stock Price

May 6, 2026 · 3 min read

Hut 8 sold its Bitcoin mining rigs to Eric Trump's American Bitcoin, pivoted hard to AI data centers, and just inked a 15-year, $9.8 billion lease in Texas. The stock is up 30% and at an all-time high. The playbook just changed.