On April 10, 2025, the US Securities and Exchange Commission (SEC) dropped its lawsuit against the Helium network, a decentralized wireless provider. This lawsuit, filed in January 2025 for allegedly issuing unregistered securities, marked a significant change under new SEC Chair Paul Atkins, confirmed by the Senate on April 9. Atkins aims to establish a more favorable regulatory environment for digital assets. In the first quarter of 2025, the largest publicly traded Bitcoin mining companies generated around $800 million worth of Bitcoin, producing over 9,700 Bitcoin as prices hovered near record highs. Marathon Digital led the miners with 2,285 Bitcoin, followed by CleanSpark and Iren. This surge reflects the ongoing growth in the Bitcoin mining sector due to favorable market conditions and technological advancements among these companies.

Source 🔗