Blockmate Ventures Boosts Bitcoin Mining in Wyoming Amid Crypto Stock Surge

Blockmate Ventures Founds Bitcoin Mining Subsidiary with 200 MW Capacity and "Mine-and-Hold" Strategy in Wyoming

Blockmate Ventures has announced the establishment of a new Bitcoin mining subsidiary in Wyoming, boasting a planned capacity of 200 megawatts. The company is implementing a "mine-and-hold" strategy, focusing on accumulating mined Bitcoin rather than immediate liquidation. This move positions Blockmate Ventures to take advantage of Wyoming's favorable regulatory environment and energy infrastructure for large-scale mining operations.

The announcement comes at a time when the Bitcoin price remains near the $110,000 mark, reflecting ongoing bullish sentiment in the cryptocurrency market. Blockmate Ventures aims to leverage its significant energy capacity to maximize mining output and long-term Bitcoin holdings, aligning with the broader industry trend of institutional accumulation.

200 MW mining capacity planned in Wyoming
Adoption of a "mine-and-hold" strategy
Favorable regulatory and energy environment in Wyoming

Source: MarketScreener Schweiz

Key takeaway: Blockmate Ventures is making a major commitment to Bitcoin mining in the US, focusing on long-term accumulation and large-scale infrastructure.

COIN, MSTR, and Crypto Stocks Recover: Will BTC Price Soon Reach a New All-Time High?

Crypto-related stocks such as Coinbase (COIN), MicroStrategy (MSTR), and Robinhood Markets (HOOD) saw a recovery on Tuesday, each rising by nearly 2%. Bitcoin mining stocks, including MARA Holdings, Riot Platforms, and CleanSpark, also experienced a pre-market increase of almost 3% as Bitcoin's price approached the $110,000 mark, up from $108,000. This uptick coincided with the anticipation surrounding the Bitcoin Conference in Las Vegas, held from May 27 to 29, featuring speakers from both the Trump administration and the crypto industry.

Despite the positive momentum, experts like QCP Capital and Willy Woo caution that Bitcoin's price could face volatility and a potential short-term downtrend if demand remains subdued. QCP Capital notes that institutional demand for spot ETFs fueled last week's rally, but the price has since consolidated between $107,000 and $110,000. Willy Woo projects a possible BTC price of $114,000 if buying continues, but warns of bearish divergences if capital inflows weaken. Notably, miner inflows to exchanges have doubled from an average of 25 BTC to 50 BTC per day, though this remains below historical peaks of 100 BTC per day.

Stock	Pre-market Increase
Coinbase (COIN)	~3%
MicroStrategy (MSTR)	~3%
Robinhood Markets (HOOD)	2.5%+
MARA Holdings, Riot Platforms, CleanSpark	~3%

BTC reached a new ATH of $111,970 last week
Current consolidation between $107,000 and $110,000
Miner inflows to exchanges doubled to 50 BTC/day

Source: The Coin Republic

Key takeaway: Crypto stocks are rebounding alongside Bitcoin, but experts warn of potential volatility and increased miner selling as the market digests new highs.

AgriForce Launches TerraHash Digital at Bitcoin 2025 Event

AgriForce Growing Systems Ltd. (NASDAQ: AGRI) has introduced TerraHash Digital™, its new division focused on Bitcoin mining and digital infrastructure solutions. The announcement was made at the opening of the Bitcoin 2025 conference in Las Vegas. TerraHash Digital™ aims to establish scalable, energy-efficient mining sites using smart energy strategies and infrastructure ownership, with a focus on resilience in the post-halving environment.

Despite facing significant financial challenges, including a current ratio of 0.34 and high cash burn rates, AgriForce is pursuing a long-term strategy that combines decentralized computing, smart energy, and infrastructure ownership. The company recently expanded its mining operations in East Palestine, Ohio, installing 500 Bitmain S19j Pro 100T machines, increasing its total hashrate to 130 PH/s. Preliminary data suggests the average cost to mine one Bitcoin is about $41,000, with costs varying between Alberta and Ohio facilities.

Metric	Value
Market Cap	$2.66 million
Current Ratio	0.34
New Machines Installed	500 Bitmain S19j Pro 100T
Total Hashrate	130 PH/s
Average Mining Cost per BTC	$41,000

Focus on energy efficiency and infrastructure innovation
Expansion in Ohio increases operational capacity
Recent executive changes and financial adjustments

Source: Investing.com Deutsch

Key takeaway: AgriForce is betting on energy-efficient, scalable mining and infrastructure innovation, despite financial headwinds and operational challenges.

Bitfarms Stock: Elevated Risk Signals Amid Legal and Strategic Challenges

Bitfarms is under pressure as it faces a wave of class action lawsuits and the impact of a strategic realignment. Two law firms, Levi & Korsinsky and Pomerantz Law Firm, have filed class actions alleging that Bitfarms made false statements between March 2023 and December 2024, particularly regarding the classification of digital asset sales and internal control weaknesses. If proven, previous financial statements may require restatement. The deadline for investors to join the lawsuit is July 8, 2025.

Recent quarterly figures show a mixed picture: Bitfarms reported a net loss of $36 million (including $17 million in write-downs in Argentina), revenue growth of 33% to $67 million, and Bitcoin mining revenue of $65 million. The gross margin in mining was $28 million. The company is shifting focus to the US market and high-performance computing (HPC) after selling its Paraguay mining facility, but building the new division has been slow, with infrastructure and customer relationships lagging. Transparency concerns have also arisen since Bitfarms stopped publishing monthly production reports.

Metric	Value
Net Loss	$36 million
Write-downs (Argentina)	$17 million
Revenue Growth	33% to $67 million
Bitcoin Mining Revenue	$65 million
Gross Margin (Mining)	$28 million

Facing class action lawsuits over financial reporting
Strategic shift to US market and HPC
Transparency concerns due to lack of monthly reports

Source: Börse Express

Key takeaway: Bitfarms is navigating legal risks and a challenging strategic transition, with financial results reflecting both growth and significant losses.

Crypto News: Miners Increase BTC Sales – What’s Behind It?

Bitcoin miners have significantly increased their sales to exchanges following the recent all-time high of $112,000. The "Miner-Exchange-Flow" metric, which tracks the number of Bitcoins transferred from miners to centralized exchanges, has doubled from an average of 25 BTC to 50 BTC per day, according to Axel Adler Jr. While this is still below historical peaks of 100 BTC per day, it signals a notable uptick in selling activity.

Despite the increased miner sales, the market has absorbed the additional supply without major price disruptions. The Bitcoin price remains stable around the $110,000 mark, and analysts view the quick recovery from recent corrections as a positive sign. The environment remains constructive, with no acute sell-off shock detected, suggesting that the market is robust enough to handle increased miner profit-taking.

Miner-Exchange-Flow doubled from 25 BTC to 50 BTC/day
Historical peaks at 100 BTC/day
Market remains stable around $110,000

Source: Wallstreet Online

Key takeaway: Miners are taking profits after new highs, but the market is absorbing the increased supply, maintaining a stable and constructive environment.

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