iHub News
2月前
Bit Origin Shares Jump 70% on Plans to Expand Into AI InfrastructureApril 16, 2026 11:08 AM
IH Market News
Bit Origin Ltd (NASDAQ:BTOG) saw its shares soar 70% on Thursday after announcing it had secured strategic financing to explore expansion into artificial intelligence infrastructure, including computing, storage, and cooling solutions.The blockchain-focused company said it plans to use the funding to assess and potentially develop opportunities in leasing, operating, and optimizing AI computing capacity. This includes GPU-based systems and supporting server infrastructure.Bit Origin added that it aims to pursue this strategy with a capital-efficient approach, drawing on its existing resources and industry connections. The company has already been involved in early-stage collaborations within computing ecosystems since 2024, including participation in the Aethir ecosystem.According to the company, its background in Bitcoin mining has provided experience in deploying infrastructure and sourcing equipment, which could support its evaluation of AI-related opportunities.“This strategic financing represents a step in our efforts to evaluate opportunities in the rapidly evolving AI infrastructure sector,” said Jinghai Jiang, Chairman, Chief Executive Officer, and Chief Operating Officer of Bit Origin.The company cautioned that moving forward with any initiatives will depend on securing further funding, finalizing commercial agreements, accessing skilled personnel and partners, and evaluating market conditions. It emphasized there is no guarantee that it will complete deals or successfully execute these plans.Bit Origin also pointed to rising global demand for computing power and data center services, driven by artificial intelligence and data-intensive applications, as a key growth opportunity.Bit Origin stock price
Original: Bit Origin Shares Jump 70% on Plans to Expand Into AI Infrastructure
INV4
10月前
Bit Origin’s $10M DOGE Buy Sparks Crypto Treasury Shift
July 22, 2025
Bit Origin buys 40.5M DOGE (~$10M) in its first crypto treasury move, betting on Dogecoin's micropayment use and DeFi upside.
• Bit Origin acquires 40,543,745?DOGE (~$10M) for its treasury strategy
• DOGE-per-share stands at ~0.69; acquisition avg. cost $0.2466/DOGE
• Firm targets Dogecoin’s micropayment utility and DeFi evolution
Nasdaq-listed Bit Origin (NASDAQ: BTOG) has taken its first step into the crypto treasury space by purchasing 40,543,745 DOGE, worth approximately $10 million. This move marks a significant milestone in the company’s strategy to hold digital assets as part of its balance sheet.
The acquisition reflects Bit Origin’s belief in the future utility of Dogecoin, not just as a meme coin, but as a tool for micropayments and decentralized finance (DeFi) use cases.
Treasury Metrics & Market Reaction
According to Bit Origin, the average acquisition price for the DOGE was $0.2466, and the company’s DOGE-per-share (DPS) now sits at around 0.691. This metric is designed to help investors track the value of the company’s holdings in real time.
Following the announcement, Bit Origin’s stock saw a sharp rise in pre-market trading, signaling strong investor interest in the company’s bold treasury shift.
Why Dogecoin?
CEO Jinghai Jiang emphasized Dogecoin’s growing relevance in the crypto world, especially as a low-fee, fast, and accessible option for daily transactions. He believes DOGE is reaching a tipping point in terms of utility and adoption, particularly for micropayment services.
With this acquisition, Bit Origin becomes the first U.S.-listed public company to add Dogecoin to its corporate treasury. It also sends a strong message to the market about Dogecoin’s evolving role in the broader crypto economy.
This move is part of a broader transformation for Bit Origin as it diversifies beyond its core mining business. Backed by capital access through equity and debt lines, the company plans to explore more digital asset investments in the future.
https://coinomedia.com/bit-origin-doge-treasury
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Chinese pork producer turned BTC miner kicks off Dogecoin plan
July 22, 2025
Bit Origin CEO Jinghai Jiang said the company adopted Dogecoin for its treasury because they see its “utility potential for micropayments nearing an inflection point.”
China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin.
In a statement on Monday, the company said the Dogecoin DOGE buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt offering that aimed to raise $500 million.
At an average price of $0.24 per coin, Bit Origin would have spent around $9.9 million on its recent Dogecoin acquisition. The token is currently trading at $0.26, according to Nansen.
https://cointelegraph.com/news/bit-origin-dogecoin-crypto-treasury-pivot
$BTOG
INV4
11月前
Legendary analyst says Elon Musk’s favorite coin could jump 80%
Dogecoin's price has risen nearly 40% in a month.
July 18, 2025
Dogecoin, the meme coin once adored by Elon Musk, has jumped more than 10% over the last seven days, riding the crypto market rally as Bitcoin hit a record high of $123,091.61 early this week.
A meme coin is a type of cryptocurrency that parodies a mainstream cryptocurrency. It is called so because it gives a nod to viral memes or trends.
Ali Martinez, a prominent crypto analyst known as @ali_charts on X, shared a price analysis chart and showed the meme coin seeming to form a "double bottom" pattern.
A double bottom is a bullish reversal pattern that forms after a downtrend on a price chart, marked by two similar lows and a breakout above the middle peak. It signals that selling is exhausted and a trend reversal toward a price uptick may be underway.
If the crypto asset follows the pattern as the analyst predicts, it could hit $0.42 in September.
https://www.thestreet.com/crypto/markets/legendary-analyst-says-elon-musks-favorite-coin-could-jump-80
$BTOG
INV4
11月前
Very nice, Dantheoneman 😃 and good to see here. I haven't seen you in a while.
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Trump signs stablecoin bill into law, capping string of 'Crypto Week' victories
July 18, 2025
"I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world, and that's what we've done," Trump said during a signing ceremony for the GENIUS Act at the White House.
Two other crypto bills also passed through the House this week, the CBDC Anti-Surveillance State Act and the Clarity Act, which served as additional wins for the crypto industry.
They prohibit the creation of central bank digital currencies and assign oversight over all digital assets except stablecoins to either the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC).
Both will now go to the Senate, where their ultimate fates are still unknown.
The passage of all three bills came after a series of roadblocks and delays as GOP leaders struggled to bring some Republican holdouts in line during what has been dubbed "Crypto Week” by backers of the legislation.
Trump is also deepening his own financial involvement in cryptocurrencies with several separate ventures. They include World Liberty Financial, a new crypto startup backed by Trump and his sons that has already launched its own US-dollar-pegged stablecoin (USD1) in partnership with BitGo.
Stocks with crypto ties have been surging recently as investors anticipated the moves in the nation's capital, notably Coinbase (COIN), Robinhood (HOOD), and newly public stablecoin issuer Circle (CRCL).
Read more: Can you buy crypto with a credit card? See the pros and cons.
The GENIUS Act signed into law by Trump on Friday outlines how US companies can issue and manage dollar-backed stablecoins for payments, giving those digital assets a massive stamp of approval that is expected to encourage wider adoption.
It bans members of Congress and their families from earning profits from stablecoins, but not Trump and his family, an omission that irked some Democrats and slowed progress on the legislation earlier this spring.
Between Washington and Wall Street, expectations are riding high for what this legislation ultimately brings.
A senior Treasury official said growth in the $260 billion stablecoin market over the months and years ahead will have a significant impact on the dominance of the US dollar and demand for US debt.
The legislation is also expected to unleash a wave of new stablecoin entrants as traditional companies ranging from banks to megaretailers consider whether to issue their own coins.
"Banks and nonbanks have parity here, so I think the banks will be able to compete in this new payments regime," said Patrick McHenry, the former Republican congressman and House Financial Services chair who helped move forward an earlier iteration of the stablecoin bill in the last Congress.
JPMorgan Chase (JPM) CEO Jamie Dimon and Citigroup (C) CEO Jane Fraser both said Tuesday they are planning to get involved in stablecoins, the latest evidence of how Wall Street is pivoting to embrace digital assets. Big banks have convened to explore prospects for launching a collaborative stablecoin network.
Dimon, a longtime skeptic of cryptocurrencies, said the bank needs to embrace stablecoins as a way to keep pace with payment rivals. Last month, JPMorgan announced plans to launch a so-called deposit token called JPMD that is somewhat like a stablecoin but available only to JPMorgan's institutional clients.
"We're going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it," Dimon said.
Full article:
https://finance.yahoo.com/news/trump-signs-stablecoin-bill-into-law-capping-string-of-crypto-week-victories-192642044.html?guccounter=1
$BTOG
INV4
11月前
HOD Dogecoin 0.25445 already (today).
The goals below are too conservative IMHO. I think it will be higher sooner, there are so many companies investing in cryptocurrencies now. (Some even with pensions)
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Dogecoin (DOGE) Price Prediction 2025
Targets $1 While New DeFi Token Rockets With 12,000% Forecast
Analysts forecast that Dogecoin (DOGE), currently trading at approximately $0.199, may surge to around $0.233–$0.28 by late 2025, reflecting potential gains of 17–40% if market conditions remain supportive. Longer-term projections extend the bullish sentiment further: by 2030, prices could climb to anywhere from $0.60 to over $1.50, depending on adoption and wider market growth.
https://www.msn.com/en-us/money/other/dogecoin-doge-price-prediction-2025-targets-1-while-new-defi-token-rockets-with-12000-forecast/ar-AA1IOjD3
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Why It Matters: The rally comes after Bit Origin Ltd.
The firm secured $400 million in equity capital and an additional $100 million in convertible debt from accredited investors, with a significant portion of the proceeds going toward DOGE purchases.
$BTOG 💹
INV4
11月前
Dogecoin Is Trading (0.24630 | 0.02845+ | 13.05% right now) Higher Friday Morning After This Nasdaq-Listed Firm Added It To Its Treasury
July 18, 2025
What happened: DOGE was up over (0.24630 | 0.02845+ | 13.05% right now) in the last 24 hours, with trading volume surging 64% to $5.56 billion.
The coin soared above $0.24 for the first time in nearly five months. The latest uptick pushed its weekly gains to 20% and monthly gains to nearly 40%.
Widely followed cryptocurrency analyst and trader Ali Martinez said that given the meme coin has crossed the key $0.20 resistance, the "next key hurdle" lies at $0.36.
DOGE's open interest jumped 25% in the last 24 hours to levels not seen since early February, according to Coinglass.
More than 70% of DOGE derivatives traders on Binance were betting on its price increase, as revealed by the Long/Short Ratio.
Why It Matters: The rally comes after Bit Origin Ltd.
The firm secured $400 million in equity capital and an additional $100 million in convertible debt from accredited investors, with a significant portion of the proceeds going toward DOGE purchases.
Price Action: At the time of writing, DOGE was exchanging hands at $0.2388, up 11.25% in the last 24 hours, according to data from Benzinga Pro.
Shares of Bit Origin were up 11% in pre-market trading after exploding 90% to $0.6310 in Thursday’s regular trading session.
https://www.benzinga.com/crypto/25/07/46487947/dogecoin-is-trading-11-higher-friday-morning-after-this-nasdaq-listed-firm-added-it-to-its-treasury
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Bitcoin Mining Firm Stock Spikes After $500 Million Raise for Dogecoin Treasury
Bitcoin mining firm Bit Origin is tapping Dogecoin for its crypto treasury, with its stock soaring after the move was revealed.
July 17, 2025
https://decrypt.co/330695/bitcoin-mining-firm-stock-spikes-after-500-million-raise-dogecoin-treasury
$BTOG
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