Odaily reports: Tether has built approximately $4.8 billion in exposure through 13 U.S.-listed companies, spanning sectors including streaming, gold mining royalties, satellites, Bitcoin reserves, and AI compute infrastructure. In addition to Twenty One Capital, Rumble, and Adecoagro, other holdings include approximately $342 million in Elemental Royalty, about $249 million in Bitdeer, roughly $148 million in Gold.com, approximately $128 million in Versamet Royalties, about $115 million in Metalla Royalty, roughly $106 million in Gold Royalty, approximately $39.65 million in Satellogic, about $4.9 million in Stablecoin Development Corp, roughly $4.4 million in Aurelion, and approximately $3.1 million in Antalpha Platform.

Odaily: European stocks rose, approaching record highs, as broadly lower oil prices and renewed market enthusiasm for AI trades lifted investor sentiment. Mining stocks led gains, boosted by factors including broadly lower oil prices and a weaker dollar. Tech stocks also advanced, with AI computing service provider CoreWeave Inc. giving an optimistic business outlook and market expectations growing for an IPO by AI company Anthropic PBC. Among individual stocks, Siemens Energy rose 6.5% after the company said that, driven by surging demand for gas turbines and grid equipment, its profit margin could rise to as high as 22% by 2030, with related demand growth having already more than doubled the company's earnings last year.During the market turbulence of the past week, European stocks were relative beneficiaries. Since the U.S. midterm elections last Wednesday, the pan-European STOXX 600 index has risen 2%, while the S&P 500 has fallen 0.6%. Roger Lee, head of equity strategy at Cavendish, said that after the midterm elections, some skepticism about AI in the market intensified, prompting a reversal in some capital flows, from which non-U.S. markets benefited. (Jinshi)

Odaily reports: Bitcoin News posted on X that publicly listed Bitcoin mining company Core Scientific sold 816 BTC in the third quarter, accounting for 96% of its holdings; as of September 30, it held only 32 BTC on its balance sheet. Core Scientific held more than 9,600 BTC at its peak in 2022, and management stated that the Bitcoin mining business will end on December 31, 2026. Third-quarter revenue was $233 million, of which hosting business revenue was $215 million and mining business revenue was approximately $17.5 million; its power contracts with AI customers CoreWeave and AMD reached a total scale of 1.12 gigawatts.

Odaily: A mining company linked to U.S. President Donald Trump's family plans to go public through a $2 billion deal. Currently, no further transaction details have been disclosed, and the specific company name, deal structure, and listing timeline remain to be confirmed.

Odaily reports: ViaBTC has announced that it will attend the 9th Crypto Summit 2026 as a strategic partner. The event will be held from October 28 to 29 at MTS Live Hall in Moscow. The conference will bring together miners, investment institutions, exchanges, technology service providers, and policymakers to discuss topics including mining infrastructure, the digital asset market, and regulation. ViaBTC is currently one of the world's top four Bitcoin mining pools and also the Zcash (ZEC) mining pool with the largest hash rate.During the conference, ViaBTC Business Director Anton will participate in a roundtable discussion focused on changes in the mining landscape. Drawing on ViaBTC's experience accompanying miners through multiple market cycles, he will explore how mining companies can respond to market pressure, improve profitability, and identify new growth opportunities. Business Manager Alina will deliver a speech sharing practical advice on using mining pool services to help miners manage daily mining operations more efficiently.In addition, the ViaBTC team will meet face-to-face with miners and industry partners at Booth S-02 to share ten years of mining service experience and discuss collaboration opportunities. Through these exchanges, ViaBTC hopes to gain a deeper understanding of miners' practical needs and continue improving the stability of its mining services and the flexibility of yield management.

Odaily News: According to MSX.COM data, the losses of the two US CPU giants widened. Advanced Micro Devices (AMD) fell 3% to $612.285 per share, with a total market capitalization of $999.5 billion. Intel dropped 5% to $116.860 per share, with a total market capitalization of $617.7 billion.In addition, US gold and silver mining company stocks followed the decline in gold prices. Newmont Mining fell 4.7%, Harmony Gold dropped 6.7%, Hecla Mining declined 5.9%, and Coeur Mining fell 5.5%.

Odaily News: Hut 8 announced the completion of a $1.07 billion four-year senior secured revolving credit facility, with JPMorgan serving as Lead Arranger, Bookrunner, and Administrative Agent, Citi, Goldman Sachs, and Morgan Stanley serving as Joint Lead Arrangers and Joint Bookrunners, and a syndicate comprising 12 lending institutions in total. Hut 8 is primarily engaged in energy infrastructure and digital asset mining businesses.

Odaily: The U.S. House Ways and Means Committee is scheduled to hold a markup on September 16 of a series of digital asset tax bills, moving crypto tax legislation toward a full House vote. The markup focuses on two core issues: when miners and stakers should be taxed on newly created tokens, and whether wash sale rules applicable to stocks should extend to digital assets.The two key bills are the "Mining and Staking Tax Clarity Act" H.R. 9175 and the "Applying Existing Tax Anti-Abuse Rules to Digital Assets Act" H.R. 9172. The former provides that miners and stakers need not pay tax immediately upon receiving new tokens, and can instead pay tax as ordinary income when the tokens are actually sold; the latter extends wash sale and constructive sale rules to actively traded digital assets, closing a tax loophole that crypto traders have exploited for years.

Odaily News - NYSE-listed Cango reported Q2 revenue of $50.8 million, with BTC mining operations contributing $47.4 million and other business revenue of $3.4 million. As of June 30, Cango held 1,056 BTC, with cash and cash equivalents of $10.1 million and long-term debt of $31.2 million.In mining operations, Cango phased out lower-efficiency S19 series miners and partially shifted to a hash rate leasing model. As of June 30, the company's self-operated hash rate stood at 19.84 EH/s, with leased hash rate at 7.74 EH/s, totaling 27.58 EH/s in operational hash rate. In Q2, the company mined 656 BTC at an average cash mining cost of $73,313 per coin, down approximately 5% from Q1. Cango also began implementing a BTC hedging strategy to mitigate the impact of price volatility on operating cash flow.On the AI infrastructure front, Cango's LN mining site in Georgia, USA, completed its retrofitting in early July and now supports up to 3 megawatts of capacity, with room reserved for future expansion. Containerized equipment has been installed, and GPU hardware is arriving in batches. Cango has signed its first AI customer contract and expects to begin recognizing related revenue in Q3.Additionally, Cango plans to develop both bare-metal GPU hosting and cabinet colocation models simultaneously, though no formal cabinet colocation contracts have been signed yet. The company has deployed test nodes in Texas and along the US West Coast to meet customers' low-latency deployment needs, and is evaluating additional potential sites and the feasibility of self-built facilities.

Odaily News Bitcoin mining pool OCEAN announced that, by mutual agreement, co-founder Luke Dashjr has left OCEAN and resigned from his positions as Chairman, Chief Technology Officer, and Director. OCEAN has repurchased all of Luke Dashjr's equity stakes. The parting of ways stems from differing visions for the future of Bitcoin mining. Luke Dashjr will participate in the new project CONVOY. OCEAN will continue to serve miners through transparent, non-custodial mining pools.