Bitcoin was once treated as a purely speculative asset, a store of value that produced no yield. That view has steadily fallen away. In today’s maturing market, BTC is no longer a dormant holding. It is becoming a productive asset, and the strategies for putting it to work have grown more sophisticated and more institutional. Over the past year, BTC-backed borrowing has become a core tool for miners and long-term holders who want liquidity without selling. Alongside it, a widening set of yield

Price Recovers as Mining Pressures Ease April marked a clear shift in market tone. Bitcoin moved higher through the month, closing up 11.1% at $75,779 and briefly trading above $78,000. After March’s modest recovery, April showed a more convincing improvement in market tone, supported by renewed ETF inflows and easing pressure across the mining network. At the same time, pressure within the mining sector began to ease. Network hashrate declined from over 1,000 EH/s to 940 EH/s, while hashpric