The rig maker's quarterly sales fell to $14.5 million, down from $150.5 million a year earlier, as demand for its machines dried up. A reported $8 million net profit rested almost entirely on paper gains from the bitcoin it holds, not on selling anything.
Trump Media reported a $409.7 million profit for the third quarter of 2026, but almost all of it was an unrealized gain on the bitcoin it holds. Revenue was just $3.0 million, and with bitcoin now below its September close, the next quarter could swing back to a loss.
The honest answer is not 10 minutes. The network releases a fresh batch of coins about every 10 minutes, but what any miner earns depends on their slice of a vast pool of computing power. For a single home machine, a whole coin can take decades.
PNC Bank has started a pilot that lets corporate and institutional clients receive USDC, converted one-to-one into dollars and deposited in a normal account. Coinbase provides the technology. For now it is incoming payments only, with no pricing or volumes disclosed.
The bitcoin miner sold about 40 percent of its holdings after the third quarter at an average of $81,039 a coin, used most of the cash to clear $750 million in bitcoin-backed loans, and told shareholders it will keep selling. Chairman Fred Thiel said it is not a pivot away from bitcoin.
Dollar-cost averaging means buying a fixed amount of Bitcoin on a set schedule, whatever the price. It eases the stress of timing the market. On pure returns, though, research keeps finding that buying all at once usually wins.
Securitize said it will buy River One, a New York warehouse-financing firm, moving its tokenization business into private asset-backed lending. The deal landed with third-quarter results showing revenue up 13 percent and a net loss of $66.3 million.
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Read from the Bitcoin network itself, from companies’ own SEC filings and from the US Treasury’s sanctions list. No price here and no forecasts: the live price is on our bitcoin price page. Free to quote with credit.
Canaan framed the quarter as disciplined execution in a hard market, pointing to an $8 million net profit and revenue near the top of its guidance.
Our read: The profit was real on paper but came entirely from a $20.1 million gain on held bitcoin and a $31.9 million derivatives gain. Operations lost $42.9 million and revenue fell 90 percent. The bitcoin gain reflects a late-September price that has since dropped.
Trump Media turned a $409.7 million quarterly profit.
Our read: The filing confirms the net income, but about $378.1 million of it is an unrealized mark-to-market gain on bitcoin, revenue was only $3.0 million, and bitcoin has since fallen below the quarter-end price, so the gain is not locked in.
Stablecoins are modernizing corporate payments by making them faster, more efficient and more global, and PNC's corporate clients can now receive USDC directly.
Our read: A major US bank did switch on real USDC acceptance with Coinbase, confirmed in PNC's own release. But it is a limited pilot for eligible clients, incoming only, with no pricing, transaction limits, client count or rollout date given, and no evidence yet that it beats existing rails on cost.
MARA says selling 13,597 bitcoin is balance-sheet management, not a pivot away from bitcoin.
Our read: The company did use most of the $1.1 billion to repay bitcoin-backed loans and free 17,477 pledged coins, which supports the balance-sheet framing. But it sold about 40 percent of its holdings in six weeks, says it will keep selling, and has not disclosed how many coins remain or set a floor.
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The honest answer is not 10 minutes. The network releases a fresh batch of coins about every 10 minutes, but what any miner earns depends on their slice of a vast pool of computing power. For a single home machine, a whole coin can take decades.
Bitcoin's digital signatures could one day be cracked by a powerful quantum computer. None exists yet, and the machines that do are thousands of times too small. Here is what is actually at risk, how far the hardware really is, and the fixes already being written.
These companies exist to own bitcoin. They raise cash from shareholders and lenders, buy coins, and report how many they hold per share. Strategy started the model and holds the most by far. It prints value when the share price runs ahead of the bitcoin, and bleeds when it does not.
The rig maker's quarterly sales fell to $14.5 million, down from $150.5 million a year earlier, as demand for its machines dried up. A reported $8 million net profit rested almost entirely on paper gains from the bitcoin it holds, not on selling anything.
Trump Media reported a $409.7 million profit for the third quarter of 2026, but almost all of it was an unrealized gain on the bitcoin it holds. Revenue was just $3.0 million, and with bitcoin now below its September close, the next quarter could swing back to a loss.
PNC Bank has started a pilot that lets corporate and institutional clients receive USDC, converted one-to-one into dollars and deposited in a normal account. Coinbase provides the technology. For now it is incoming payments only, with no pricing or volumes disclosed.
A draft proposal would strip durable nonces out of Solana, a feature that lets a signed transaction sit unspent for weeks. Attackers used it to drain at least $270 million from the Drift trading platform in April. Custodians that sign offline would have to rebuild how they move funds.
A blockchain oracle feeds outside prices to smart contracts, and that number is often the real target. How price feeds work, why attackers manipulate them, and what the Mango Markets, KiloEx and Ostium cases show.
Zcash turned on its NU7 upgrade at block 3,543,405, cutting block times to 25 seconds and starting a fee reserve meant to pay for security after 2031. One old privacy pool holding about 12,224 ZEC is now frozen.
Bitcoin dropped to $73,477 late on Sunday, its lowest level since August, before recovering above $74,000. More than $1 billion in leveraged crypto bets were wiped out in a day, most of them longs, as a stock-market scare over Nvidia spread to digital assets.
MSCI will publish on November 11 the companies it is cutting from its global indexes under new rules for non-operating firms. Strategy, the largest corporate bitcoin holder, is among those at risk, and JPMorgan put the possible forced selling near $2.8 billion.
US spot Bitcoin ETFs lost $1.28 billion in the week to November 6, 2026, almost all of it from BlackRock's IBIT. The headline looks like a wall of institutional selling. The detail is narrower, and it tracked a falling price more than it drove one.