Tag: AI

Tesla holds approximately 11,500 BTC, now worth $1.315 billion, an increase from Q2 driven solely by price appreciation.

By ItalianCannon Key Points The company now applies fair-value accounting, aligning its balance sheet with real-time Bitcoin market prices. Tesla recorded an $80 million gain from digital asset revaluation, one of its strongest quarters in this category since 2021. With its current position, Tesla ranks as the 11th largest corporate Bitcoin holder globally. Quarterly financials […]

Bitcoin miners have significantly outperformed Bitcoin itself in 2025, with some companies posting gains of 300% to over 500% year-to-date.

By ItalianCannon Key Points This outperformance stems from a strategic pivot toward artificial intelligence infrastructure, blending high-performance computing with traditional mining operations. Companies like Cipher Mining and IREN have secured billions in funding to support this dual-revenue model, reducing dependence on volatile block rewards. The Bitcoin halving in 2024 reduced block rewards to 3.1 BTC, […]