Bitcoin Breaks $97K: Riot Platforms, Bit Digital, Bitfarms & DMG Blockchain News! episode artwork

EPISODE · May 1, 2025 · 28 MIN

Bitcoin Breaks $97K: Riot Platforms, Bit Digital, Bitfarms & DMG Blockchain News!

from Power Analysis · host Anthony Power & Bryce McNallie

We analyze Bitcoin's surge past $97,000 and its powerful impact on mining stocks, with companies like Terawulf gaining up to 17% in a single session. This remarkable performance highlights how mining stocks offer leveraged exposure to Bitcoin while maintaining tangible assets and growth potential.• Bitfarms reports April production of 268 Bitcoin with their energized hash rate at 19.5 EH/s • Bitfarms sold 403 BTC in April (150% of production), reducing holdings to 1,005 BTC• DMG announces deployment of a 2MW prefabricated data center for HPC/AI applications• Riot Platforms settles with Rhodium for $185M, reclaiming 125MW of power capacity• Bit Digital files preliminary prospectus for a $500M ATM offering to fund HPC/AI expansion• Oklahoma utility OGE reports 28% increase in commercial power demand, citing Bitcoin miners as major drivers• Power Mining Analysis is updating their platform to include more HPC/AI metrics and analysisLet us know in the comments how you're feeling about Bitcoin right now, what you're doing with miners (buying, selling, or holding), and your top pick in the sector. 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]

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We analyze Bitcoin's surge past $97,000 and its powerful impact on mining stocks, with companies like Terawulf gaining up to 17% in a single session. This remarkable performance highlights how mining stocks offer leveraged exposure to Bitcoin while maintaining tangible assets and growth potential. • Bitfarms reports April production of 268 Bitcoin with their energized hash rate at 19.5 EH/s • Bitfarms sold 403 BTC in April (150% of production), reducing holdings to 1,005 BTC • DMG anno...

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Bitcoin Breaks $97K: Riot Platforms, Bit Digital, Bitfarms & DMG Blockchain News!

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