Based on year-to-date data, 16 publicly traded crypto mining companies have spent a combined $3.60 billion on plant, property, and equipment (PP & E) upgrades, including new mining hardware. Sixteen mining companies have collectively raised more than $5 billion from 2024 to date, with Q3 being the highest PP & E spending period since Quarter 1 in 2022. Mining hardware spending accounts for the majority of PP & E spending. Since 2023, total PP & E spending by publicly traded mining companies on h...
According to HODL15 Capital, a giant whale has increased its holdings of $1.40 billion worth of BTC so far this month, which comes from multiple exchanges. According to the data it shared, the whale's BTC holdings increased from 2625.22 on September 6 to 23,732.82 on September 20.
U.S. Treasury official: Interest payments on public debt exceeded $1 trillion for the first time so far in fiscal year 2024.