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Blockchain

Bitcoin Adoption Soars Amid Tariff ‘Deglobalization’ Trump’s Big Beautiful Bill


Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed.

US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending.

“The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday. “It puts put our country on the right track,…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link