Riot Platforms announced a proposal to acquire Bitfarms for US$2.30 per share. This acquisition would create the world’s largest publicly listed Bitcoin miner, delivering substantial value to shareholders. Riot has already acquired a 9.25% stake […]
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company. The proposal, received on April 22, offered $2.30 per common share in a mix of cash […]
Luxor Technology and Bitnomial launched the first fully regulated Bitcoin mining derivative product for trading in the US on May 28. The new product — dubbed Bitcoin Hashrate Futures — aims to increase liquidity and […]
Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.G.H, on May 24. Thiel said the […]
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Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service. According to the press statement, the firm has dedicated an undisclosed amount of substantial capital to establish its Bitcoin […]
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Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter. The firm’s quarterly net income, published in its May 9 earnings report, represents 184% year-over-year growth from $118.7 million in […]
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