Bitcoin mining stock prices mostly declined this week, with IREN, MARA, Bitdeer, and TeraWulf falling while Cipher Mining and Riot climb.

Hut 8 experiences a dramatic 21.7% drop as Bitcoin prices fall. Read more about the factors affecting Hut 8's stock performance. The post Why Hut 8 Stock Fell Wednesday appeared first on The Motley Fool Canada.

The price of the world's most well-known currency slid to its lowest point since hitting its record high of over $126,000.

American Bitcoin (ABTC), the publicly traded Bitcoin treasury and mining company backed by Eric Trump and Donald Trump Jr., has added 1,414 Bitcoin currently worth $163 million to its holdings, according to an announcement on Monday.

Asset managers in Canada have been rushing to launch physically settled Bitcoin exchange traded funds (ETF), aiming to capitalise on a new market opportunity, after the country became the first to approve such ETFs this month.

Bitcoin and other major cryptocurrencies advanced early on Friday, ahead of the release of September U.S. inflation data. According to CoinMarketCap data, the apex cryptocurrency rose 1.1% to $111,210.

Strive (ASST), an asset management company building a bitcoin (BTC) treasury, is looking to raise $160 million after upsizing the initial public offering of 2 million of its Variable Rate Series A perpetual preferred stock (SATA) and pricing it at $80 per share.

The bitcoin price is approaching $103,000 as the federal shutdown ties the 2018–2019 record while dollar the strengthens and tech market futures decline.