Bitcoin rebounds as the U.S. dollar weakens and Trump feuds with Fed Chair Jerome Powell [Yahoo! Finance]
BIT Mining Limited ADS (BTCM)
Company Research
Source: Yahoo! Finance
“Bitcoin's move above $87,000 is a clear signal that investors are seeking refuge in decentralized assets amid rising tariffs, inflation concerns, and global economic uncertainty,” Nicholas Roberts-Huntley, CEO of crypto companies Concrete and Glow Finance, tells Fortune The crypto market's gains come amid Trump's threats to fire Federal Reserve Chair Jerome Powell for not lowering interest rates as quickly as he would like. The feud has raised concerns over the Fed's traditional status as an independent central bank, unbeholden to political pressures. It's unlikely the president would have the power to remove Powell, but that could change in the future. On Friday, the White House confirmed that Trump is “ studying ” whether the president has the power to oust Powell before his term is up in 2026. And while the crypto market is enjoying a relief rally, the traditional stock market has continued to slide. While the S&P 500 and the Dow Jones made slight gains from this month's earl
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BTCM
News
- BIT Mining Limited to Begin Trading Under New Name "SOLAI Limited" and New Ticker Symbol "SLAI" Effective October 20, 2025PR Newswire
- BIT Mining rebrands to SOLAI Limited, shifts focus to AI and blockchain synergy [Seeking Alpha]Seeking Alpha
- BIT Mining Limited Announces Name and Ticker ChangePR Newswire
BTCM
Earnings
- 8/14/25 - Beat
BTCM
Sec Filings
- 11/13/25 - Form 6-K
- 10/20/25 - Form 424B3
- 10/10/25 - Form 6-K
- BTCM's page on the SEC website