MiningAlcoa Sells Dormant Smelter to Bitcoin Miner NYDIG as US Industrial Sites Go Digital
Alcoa sells its idle Massena East smelter to Bitcoin miner NYDIG. Deal expected mid-2026 as US industrial sites convert to crypto mining.
MiningAlcoa sells its idle Massena East smelter to Bitcoin miner NYDIG. Deal expected mid-2026 as US industrial sites convert to crypto mining.
InstitutionalStrategy's $60.5B Bitcoin portfolio turned profitable for the first time in 3 months. MSTR shares +10% as BTC hit $77K after Iran opened the Strait of Hormuz.
InstitutionalKraken parent Payward agreed to buy derivatives platform Bitnomial for $550M. The deal gives Kraken all three CFTC licenses for crypto derivatives in the US.
BitcoinBitcoin hit $75,000 after a short squeeze with $283M in liquidations. Whales absorbed 20x daily mining output in 30 days. Analysts target $90,000.
InstitutionalCharles Schwab, the US brokerage with $12.22 trillion in client assets, rolls out direct spot Bitcoin and Ethereum trading for retail investors through Paxos.
TechnologySouth Korea will test tokenized deposits for government spending in Sejong City. Full rollout targets Q4 2026, with 25% of budget digital by 2030.
InstitutionalLegal & General has tokenized £50B in liquidity funds via Calastone on Ethereum. Authorized investors can now buy, hold and transfer fund shares on blockchain.
InstitutionaleToro agreed to acquire self-custodial wallet Zengo for about $70M. CEO Yoni Assia predicts Bitcoin will eventually reach $250,000 and beyond.
RegulationPakistan's State Bank allowed banks to open accounts for licensed crypto firms under Virtual Assets Act 2026, ending an 8-year prohibition dating back to 2018.