Search results for Marathon
Crypto
Riot Platforms sells 4,300 bitcoins to fund AI datacentre network expansion
U.S. bitcoin miner Riot Platforms sold 4,300 bitcoins and plans to use the proceeds to expand a datacentre network for AI workloads. The move comes as mining profitability weakens, with Riot’s second-quarter mining revenue down 19.3 percent amid higher power prices and a sharp fall in hashprice. The company still holds $548.9 million in cash and 11,380 bitcoins, and is pursuing long-term infrastructure contracts, including a proposed 20-year lease with expected revenue of $9.1 billion.
Games & Commerce
Smilegate Hope Studio supports children with rare diseases through speedrun fundraiser
Smilegate Hope Studio said on Monday it has completed the 2026 Super Speedrun Marathon Lite with Bada Games to support wish-granting for children with rare diseases. The three-day event was held offline at Smilegate Campus and livestreamed on game streaming service Chzzk, drawing 85,674 cumulative viewers. Hope Studio is running a linked donation campaign through Aug. 2, with all funds to be delivered to Make-A-Wish Korea without deductions for operating costs.
Crypto
Bitcoin nears $67,000 as crypto-related stocks surge
Bitcoin climbed close to $67,000, hitting its highest level in more than a month, and U.S.-listed crypto-related shares rose broadly. Bitcoin Magazine reported bitcoin briefly touched $66,886, up about 6 percent over seven days. Nasdaq-listed Strategy topped $100, Coinbase rose 11 percent and Marathon Digital gained more than 6 percent. Strategy said it did not buy additional bitcoin on July 20, sold $225 million of MSTR stock and held the funds as dollar reserves.
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Industry
Genesis weighs entry-level EV priced in 44 million won range
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Finance
Shinhan Bank to subsidise guarantee fees for Sunshine Loan Youth
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Industry
China bets on robotics as next AI play, pouring policy and funds into humanoids
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AI & Enterprise
Z.ai unveils GLM-5.2 trained with only Huawei chips, without Nvidia
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Telecommunications & Media
Fitbit Air matches Apple Watch Ultra3 on heart rate but lags on GPS in 10 km test
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Crypto
Bitdeer sells another 206 BTC, keeps bitcoin holdings at zero
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Industry
Samsung Electronics labor talks fail to reach deal, to resume after mediation recess
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Industry
Samsung Electronics expands role beyond running to all-round health partner
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Games & Commerce
Sony PS5 sales plunge 46 percent, raising concerns for game business growth
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Industry
Banks step up healthcare finance competition riding running boom
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Telecommunications & Media
KT joins \'I Am Solo Run\' as main sponsor, runs hands-on booths
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Telecommunications & Media
Korea carriers step up experiences and exhibition perks for May family outings
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Finance
Fintech firm Mercury clears U.S. OCC hurdle, speeds push to launch own bank
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Telecommunications & Media
LG Uplus wraps up long-term customer invitation day, to invite customers to Legoland Lego Run in May
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Crypto
Adam Back says Satoshi documentary lacks evidence, early mining data cannot pinpoint identity