Tether’s Open-Source Bitcoin Mining OS Set to Revolutionize Mining Accessibility by Q4 2025

Tether, the company behind the world's largest stablecoin, has announced plans to open-source its modular Bitcoin mining operating system (MOS) by the fourth quarter of 2025. This groundbreaking initiative, spearheaded by CEO Paolo Ardoino, aims to democratize access to advanced mining software, benefiting both small-scale miners and large industrial operations. The MOS will be compatible with a wide range of hardware, from Raspberry Pi setups to industrial-grade mining rigs, ensuring broad accessibility. By leveling the playing field, Tether's move is expected to foster greater decentralization and innovation within the Bitcoin mining ecosystem. With the launch slated for Q4 2025, the cryptocurrency community eagerly anticipates the potential impact of this open-source solution on the future of Bitcoin mining.

Tether to Open Source Modular Bitcoin Mining OS, Targets Q4 2025 Launch

Tether, the issuer of the world's largest stablecoin, is set to open-source its modular Bitcoin mining operating system (MOS) by Q4 2025. The initiative, announced by CEO Paolo Ardoino, aims to democratize access to advanced mining software, leveling the playing field for small-scale miners and industrial operations alike.

The MOS will support hardware ranging from Raspberry Pi setups to industrial mining rigs, eliminating reliance on third-party hosted software. This move is expected to enhance bitcoin network security by decentralizing mining power currently concentrated among large public companies.

Ardoino emphasized the system's plugin architecture and modular design will allow miners to customize operations without proprietary constraints. The open-source approach marks a strategic push to strengthen Bitcoin's foundational infrastructure while lowering barriers to entry.

Riot Platforms Reduces Stake in Bitfarms to 14.3% Following Share Sales

Riot Platforms Inc., a major Bitcoin mining entity, has trimmed its ownership in Bitfarms Ltd. to 14.3% after offloading 1.75 million shares on the open market. The transaction, executed on Nasdaq at an average price of $0.90 per share, netted approximately $1.58 million.

The MOVE reduces Riot's holdings from 81.2 million to 79.5 million shares, reflecting a strategic reassessment of its portfolio. Market conditions, financial performance, and broader industry dynamics will guide future decisions regarding the stake.

Bitfarms, like Riot, operates in the competitive cryptocurrency mining sector, where capital allocation and operational efficiency remain critical. This adjustment underscores the fluid nature of strategic investments in the digital asset space.

Bitcoin Shows Signs of Fatigue as Price Stalls Below $110K

Bitcoin hovered below $110,000 during Asian trading hours, with the flagship cryptocurrency changing hands at $109,700 amid growing market indecision. The lackluster price action follows warnings from QCP Capital about suppressed volatility and fading momentum.

Analysts note Bitcoin has been trapped in a tightening range as summer approaches, with one-year implied volatility hitting lows. A decisive break beyond the $100,000-$110,000 corridor appears necessary to reignite trader enthusiasm. Recent macroeconomic developments, including stronger-than-expected U.S. jobs data, failed to provide directional clarity.

Market participants observe weakening perpetual open interest and tapering spot ETF inflows—classic signs of exhaustion after the year's historic rally. The stalemate reflects cryptocurrency's ongoing struggle to establish a clear macro narrative amid crosscurrents in traditional markets.

Bitcoin Nears All-Time High as Exchange Reserves Dwindle

Bitcoin surged 3.8% in 24 hours, briefly topping $110,000 before stabilizing at $109,600. The rally marks June's strongest performance, erasing last week's dip below $100,000. Prices now hover just 3% below record highs.

Liquidations totaled $203 million, with shorts accounting for $195 million. Derivatives volume spiked 113% to $110.63 billion as open interest grew 7.3%, signaling fresh capital inflows. Geopolitical tailwinds emerged as U.S.-China trade talks resumed in London, boosting risk appetite.

On-chain data reveals a critical development: exchange reserves plummeted from 1.55 million BTC in July 2024 to 1.01 million. This supply squeeze coincides with Bitcoin's accelerating momentum toward uncharted territory.

Corporate Bitcoin Momentum Continues as Strategy and KULR Expand Holdings

Strategy, the corporate Bitcoin accumulation firm led by Michael Saylor, has added 1,045 BTC to its treasury at an average price of $105,426 per coin. The $110.2 million purchase brings its total holdings to 582,000 BTC—a $40 billion position at current prices. The company's disciplined accumulation strategy has yielded a 17.1% return year-to-date in 2025, with an average cost basis of $70,086 per Bitcoin.

Corporate Bitcoin adoption is emerging as a distinct category of institutional demand, decoupled from traditional investment flows. This trend reinforces Bitcoin's role as 'digital gold' for balance sheet strategies. KULR Technology Group, a thermal management solutions provider with NASA and SpaceX among its partners, now joins this movement. The firm filed plans to raise $300 million through an equity offering to fund its own Bitcoin acquisition strategy.

Bitcoin’s $106K Support: Pivotal Level for Bullish Continuation or Trend Reversal

Bitcoin's price action between $90,000 and $108,000 has become a focal point for crypto traders. The $106,000 support level now serves as a critical inflection point—holding could propel BTC toward new all-time highs, while failure may trigger a retracement to $105,500 or lower.

Analyst Daan Crypto Trades observes an unusual pattern: BTC briefly touched record highs before sharply retreating to its current consolidation range. A decisive break below $90,000 WOULD mark a departure from historical accumulation phases, potentially signaling broader market weakness.

Conversely, sustained volume above $108,000 could ignite the next parabolic move. Market participants anticipate such a breakout would confirm continuation of the bull cycle, with liquidity likely chasing the upside.