Ethereum Updates Today: ProPetro Shifts to Data Centers Amid Oil Industry Challenges
ProPetro Holding Corp (PUMP) delivered a mixed performance in its Q3 2025 financial results, mirroring ongoing difficulties in the oil and gas industry but also showcasing notable progress in its Pro Power division. The company’s overall revenue declined by 10% from the previous quarter to $294 million, while its net loss narrowed to $2 million from $7 million in the prior period, according to
The company’s capital spending totaled $98 million, with $79 million dedicated to Pro Power orders, as it targets an increase in contracted capacity to 220 megawatts by the end of the year and 750 megawatts by 2028, according to
At the same time, blockchain data revealed contrasting tactics among major crypto investors. The “100% Win Rate Whale,” recognized for its steady gains, increased its HYPE long position during a market dip, holding 40,043.81
ProPetro’s quarterly update came amid increased volatility in PUMP’s token price, as investors assessed the company’s ability to generate free cash flow against industry-wide pressures. With $158 million in available liquidity and a growing presence in the data center power market, the company is well-positioned for future growth, though it continues to face immediate obstacles, as Yahoo reports.
In the digital asset market, the “100% Win Rate Whale” further diversified by reopening leveraged positions in BTC and ETH at 13x and 10x, respectively, and expanded its portfolio to $275 million, including
