EPISODE · Jul 3, 2025 · 50 MIN
Behind the Curtain: How Top Bitcoin Miners Raised Capital to Dominate
from Power Analysis · host Anthony Power & Bryce McNallie
Bitcoin surpasses $110,000 as mining stocks rally with significant volume increases, showing renewed investor interest in the sector amid improving fundamentals and strategic capital deployment.• Bitcoin trading above $109,000 with miners showing strong share price performance• Iren announces purchase of 2,400 NVIDIA Blackwell GPUs ($130M) for AI cloud expansion at Prince George facility• DMG and Riot June production affected by curtailment, with Riot earning $5.6M from power sales• Iron and Core Scientific market caps exceed $4B and $5B respectively• Deep dive into ATM usage by major miners reveals they raised over $10B combined• Mara approaching 50,000 BTC treasury worth $5B+ as they target 75 exahash• CleanSpark paused ATM usage in November until share price reaches $20• Iron achieved industry-leading efficiency at 15 joules/terahash with $41,000 production cost• Mining companies transitioning from ATM financing to convertible notesJoin us for Miner Madness 4.0 starting July 7th - sign up for the newsletter on our website to receive the entry form and participate in this exciting competition.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]
What this episode covers
Bitcoin surpasses $110,000 as mining stocks rally with significant volume increases, showing renewed investor interest in the sector amid improving fundamentals and strategic capital deployment. • Bitcoin trading above $109,000 with miners showing strong share price performance • Iren announces purchase of 2,400 NVIDIA Blackwell GPUs ($130M) for AI cloud expansion at Prince George facility • DMG and Riot June production affected by curtailment, with Riot earning $5.6M from power sales • Iron...
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Behind the Curtain: How Top Bitcoin Miners Raised Capital to Dominate
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