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November 6, 2025Bitcoin.com logoBitcoin.com

$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push

Nasdaq-listed bitcoin mining rig manufacturer Canaan ￰0￱ secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset ￰1￱ Attracts Institutional Confidence According to Canaan (Nasdaq: CAN), the investment was made through the purchase of about 63.7 million American depositary shares (ADSs) at

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Ethereum Sellers Dominate, But $5K Year-End Target Holds Firm

Ethereum Sellers Dominate, But $5K Year-End Target Holds Firm

Ethereum (ETH) fell to a four-month low of $3,160 yesterday, erasing its yearly gains and sparking a wave of liquidations. However, despite this seller-driven downturn, some market analysts believe th...

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1 min
Galaxy Digital Cuts Bitcoin 2025 Price Target to $120,000 Amid Institutional Concerns

Galaxy Digital Cuts Bitcoin 2025 Price Target to $120,000 Amid Institutional Concerns

Galaxy Digital has lowered its Bitcoin end-of-year 2025 price target from $185,000 to $120,000 due to institutional absorption challenges, leveraged liquidations, and long-term holder distributions. D...

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1 min