📢 Market Update & Leadership Announcement | May 20, 2025
- Stellar Forge Mining
- May 20
- 2 min read
A big shoutout to all of our customers! As you know, in a maturing industry there are unimaginable hurdles, but we've been working hard on your behalf to keep a good rate and one of the highest industry uptimes... so thank you for your trust! (It is always earned, not given).
- Michael
Now for current market updates and some new internal news!
As of today, Bitcoin (BTC) is trading at $106,754, up 1.19% from the previous close and nearing its all-time high of $109,358. This momentum is driven by strong institutional inflows, including $667M into U.S. Bitcoin ETFs yesterday—the highest daily inflow in nearly three weeks. A weaker U.S. dollar and growing global demand for decentralized assets are further fueling investor confidence as Bitcoin continues its upward trajectory.(Sources: Coindesk, FingerLakes1)
Leadership Expansion at Stellar Forge Mining & Compute
We’re proud to announce that Steve Stava has joined Stellar Forge Mining & Compute as Chief Technology Officer (CTO). Steve brings over 30 years of experience at the intersection of business strategy and enterprise technology. Most recently, he served as Director at World Wide Technology, where he led large-scale implementations and multi-million dollar partnerships across critical infrastructure verticals.
Previously, Steve held executive roles in both startups and Fortune 500 companies—including driving product innovation at DST Systems. He is recognized for building high-performing teams, streamlining operations, and scaling technology with precision.
In his new role, Steve will co-lead our technology roadmap alongside company founders, supporting our mission to deliver next-generation AI, blockchain, and data center infrastructure across five continents and over 100 MW of deployed and in-progress capacity.
What’s Next: New Hosting Options & Repair Innovation
In parallel with our infrastructure growth, we're excited to introduce new hosting options tailored to meet diverse global workloads. If you have new machines that we don't have listed, chances are we can still host them (Just reach out!).
In support of uptime and operational efficiency, we are also rolling out ForgeSight, a proprietary in-house software that gives our technicians enhanced visibility into machine-level diagnostics.
ForgeSight will help our teams detect and resolve repair issues faster—keeping your operations online longer and ensuring peak performance where it matters most. We’re grateful to our global partners and clients as we enter this next chapter—focused on growth, performance, and leadership in high-performance infrastructure. Stay tuned for more.
We genuinely want to hear from you—truly. Whether you have bold ideas to share, frustrations to voice, praise to give, or inspiring thoughts to motivate, our inbox is always wide open. Don’t hesitate to reach out—we welcome honest, thoughtful, and even unexpected messages. Please reach out to info@stellarforgemining.com We'd love to hear from you!
Happy Hashing & Computing!
