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13:23
BitFuFu announces February operational data: 227 bitcoins produced, holdings increased to 1,830 bitcoins
Odaily reported that bitcoin mining company BitFuFu released its February 2026 operational update: a total of 227 bitcoins were mined in February, including 190 bitcoins from cloud mining and 37 bitcoins from self-operated mining. The total managed hashrate increased by 28.2% year-on-year to 26.4 EH/s, with average energy efficiency maintained at 17.5 J/TH. As of February 28, BitFuFu held 1,830 bitcoins and had approximately 40 millions USD in cash and cash equivalents. BitFuFu Chairman Leo Lu stated that the company maintains a prudent strategy in hashrate procurement to ensure operational flexibility. In the context of bitcoin price volatility, its cloud mining business continues to generate positive cash flow, and the company currently remains in a net cash position with ample liquidity.
13:22
U.S. Rare Earths plans to acquire the remaining shares of the Round Top rare earth mine in Texas for $73 million
格隆汇 March 5th|The US Rare Earth Company announced that it will acquire the remaining minority stake in a rare earth mine in Texas through an all-stock transaction valued at $73 million, as part of its efforts to increase domestic production of critical minerals. The US Rare Earth Company will acquire all outstanding shares of Texas Mineral Resources Company with approximately 3.8 million shares of its common stock. This acquisition will make the US Rare Earth Company the sole operator of the Round Top project, which is said to be the richest heavy rare earth deposit known in North America.
13:04
Tether invests in fund management and settlement infrastructure Axiym
Odaily reported that stablecoin issuer Tether announced an investment in funds management and settlement infrastructure provider Axiym. The specific amount has not been disclosed. The aim is to build a global distributed funds settlement infrastructure within a regulated payment ecosystem, thereby supporting embedded financial services, including post-payment settlement solutions such as Pay Now Settle Later (PNSL). It will also support native integration of US dollar cash flows, expanding the circulation of US dollar cash in a scalable, compliant manner that aligns with the practical operation of cross-border payments.
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