The Winklevoss twins are backing American Bitcoin ($ABTC), a Trump brothers-led mining venture, boosting its push for a Nasdaq listing. (https://www.tradingview.com/news/cryptonews:8b14a1185094b:0-winklevoss-twins-back-trump-brothers-bitcoin-mining-empire-bloomberg/)

Canaan Inc. announced strong Q1 2025 results, with a 30.4% increase in average selling price of computing power and a breakeven gross margin, driven by mass delivery of their A15 miners. Full details: https://investor.canaan-creative.com/financials/quarterly-results

Canaan Inc. mined 89 Bitcoin in July 2025, bolstering reserves while expanding U.S. operations with CleanSpark and Cipher Mining, using their efficient Avalon A15Pro miners. A $100 million financing deal strengthens their Bitcoin-focused strategy. https://www.prnewswire.com/news-releases/canaan-inc-provides-july-2025-bitcoin-production-and-mining-operation-updates-302524219.html

Sazmining pioneers Bitcoin mining with Square integration, enabling payments via credit/debit cards, Apple Pay, Google Pay, Cash App Pay, ACH, Bitcoin, Lightning, Tether, and wire transfers. With 350% YOY growth, they’ve launched a $618k crowdfunding campaign to expand access to direct Bitcoin mining. Details: https://bitcoinmagazine.com/news/sazmining-first-mining-square-for-payments

American Bitcoin merges with Gryphon Digital Mining in a stock-for-stock deal to go public on Nasdaq as ABTC by Q3 2025. Aims to scale Bitcoin accumulation. Details: https://www.sec.gov/Archives/edgar/data/1755953/000121390025041704/ea024168901-425_gryphon.htm

Hut 8's subsidiary, American Bitcoin, kicks off Gryphon stockholder voting for their go-public merger, set to close in September 2025. The combined company will trade on Nasdaq as ABTC. Details: https://www.globenewswire.com/news-release/2025/08/06/3128153/0/en/Hut-8-Subsidiary-American-Bitcoin-Announces-Commencement-of-Gryphon-Stockholder-Voting-on-Go-Public-Transaction.html

Monness Crespi raises Block (XYZ) $XYZ price target to $95 from $75, maintains Buy rating, optimistic about CashApp BNPL and Square product improvements ahead of Aug 7 earnings. https://www.tipranks.com/news/the-fly/block-price-target-raised-to-95-from-75-at-monness-crespi-thefly

Meta pilots mass timber in data center construction, reducing embodied carbon by 41%. First building erected in Aiken, SC; more planned in Wyoming and Alabama. https://www.datacenterdynamics.com/en/news/meta-pilots-use-of-mass-timber-in-data-center-construction/

American Bitcoin Corp. and Gryphon Digital Mining are merging in a $350 million deal to create a powerhouse in U.S. Bitcoin mining, targeting a Nasdaq listing as “ABTC” by Q3 2025. Check out the full story to see what’s next for crypto! https://theminermag.com/news/2025-08-01/american-bitcoin-gryphon

​​ Canaan Inc. will supply additional Avalon A1566I immersion-cooling Bitcoin miners to CleanSpark, boosting their Georgia facility’s hashrate. https://investor.canaan-creative.com/news-releases/news-release-details/canaan-inc-supply-additional-avalon-a1566i-immersion-cooling

DOE announces 4 sites for AI data centers & energy projects on federal lands: Idaho Nat’l Lab, Oak Ridge, Paducah, Savannah River. Aims to boost US AI leadership, cut energy costs under Trump admin. Solicitations coming soon! #AI #Energy https://www.energy.gov/articles/doe-announces-site-selection-ai-data-center-and-energy-infrastructure-development-federal

Meta is innovating data center construction by using large tents to build its AI facilities faster and more cost-effectively. speeding up deployment of massive AI infrastructure. The approach cuts costs and time compared to traditional methods, supporting Meta’s push into advanced AI technologies. Link: https://www.fastcompany.com/91369896/meta-is-using-tents-to-build-its-giant-ai-data-centers