SBI Crypto, a wholly-owned subsidiary of Japanese financial conglomerate SBI Holdings, has announced the permanent closure of its Bitcoin mining pool effective July 31. Launched in 2017, the pool ranked 11th globally by hashrate. The company is coordinating with Braiins and Luxor to facilitate user migration. The move reflects a broader recalibration among large mining firms amid market volatility and post-halving margin compression. Notably, SBI Holdings continues to expand its crypto footprint, having just acquired Japanese exchange Bitbank for $289 million earlier this week.

American Bitcoin Corp (ABTC), a newly formed private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., disclosed in an SEC filing on June 10 that it has accumulated 215 Bitcoin (worth approximately $23 million) since launching operations on April 1, 2025. The company has entered into a merger agreement with Gryphon Digital Mining ($GRYP) and expects to begin public trading under the ticker $ABTC as early as Q3 2025. Its three-layer strategic plan focuses on low-cost mining, expanding Bitcoin reserves, and driving ecosystem adoption. Operations span Niagara Falls (NY), Medicine Hat (AB), and Orla (TX), with Hut 8 as the primary partner.

American Bitcoin Corp (ABTC), a private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., disclosed in an SEC filing on June 10, 2025, that it has accumulated 215 BTC (worth approximately $23 million) since launching operations on April 1, 2025. The company emphasized that Bitcoin accumulation is their core business. ABTC has entered into a merger agreement with Gryphon Digital Mining ($GRYP), with the combined entity expected to trade publicly under the ticker $ABTC as early as Q3 2025. The company's three-layer strategy includes building an efficient mining engine, scaling the Bitcoin reserve, and leading the ecosystem. ABTC operates over 60,000 miners hosted by Hut 8, uses Foundry and Luxor mining pools with sub-1% fees, and secures its assets via Coinbase Custody cold storage with multi-factor authentication. Operations span Niagara Falls (NY), Medicine Hat (AB), and Orla (TX).

Luxor Technology Corporation unveils Commander, a unified fleet management and profitability optimization platform for Bitcoin mining operators. The platform integrates real-time fleet monitoring, bulk remote command execution, and an automated optimization layer called Intelligent Miner that adjusts mining operations based on hashrate pricing and electricity costs evaluated every five minutes. Internal benchmarks show Intelligent Miner can deliver 8–14% higher profitability compared to binary curtailment strategies. Commander consolidates pool services, firmware, energy tools, derivatives, and fleet management into a single system, reducing vendor fragmentation. It is compatible with LuxoOS and stock firmware from major ASIC manufacturers (Bitmain, MicroBT, Canaan). The launch comes as hashprice hovers near historical lows, giving operators with real-time market intelligence a competitive edge.

Luxor Technology Corporation has unveiled Commander, a fleet management and profitability optimization platform designed to give Bitcoin mining operators a unified control layer. The system includes Intelligent Miner, which adjusts operations every five minutes based on real-time hashrate pricing and electricity costs, delivering 8%-14% higher profitability compared to binary curtailment strategies. Commander consolidates pool services, firmware, energy management, derivatives, and fleet management into a single ecosystem, aiming to eliminate fragmentation. The platform is compatible with LuxoOS and stock firmware from major ASIC manufacturers. As hashprice hovers near historical lows, Luxor emphasizes that real-time intelligence will separate winning operators.