Reabold Stresses Small Bitcoin Mining Pilot at Gas Site as BTC Holds Near $76.3K

Reabold Resources clarified on April 21 that its West Newton gas site Bitcoin mining plans are a limited proof-of-concept using early gas flows to fund development, not a shift from producing 8 billion cubic meters of gas—over 10% of UK demand. Initial April 20 reports hyping potential for 50,000 BTC output drew environmental criticism and pushback, but clarifications lifted Reabold shares 7.3%. Strategy's $2.54 billion Bitcoin purchase added 34,200 BTC to its 815,000 holdings ($61.4 billion), boosting inflows amid policy risks, with BTC steady near $76,300.