Bitcoin miner Northern Data yees $16B IPO for US cloud and mining units
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025. Go to Source
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Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Go to Source
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s “buy and hold forever” strategy. Vivek Ramaswamy’s chances of becoming Trump’s vice presidential pick have surged by 1,100% on Polymarket. Ripple CEO Brad Garlinghouse criticizes SEC Chair Gary Gensler, warning his actions could affect the election. … Read more
Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news. Go to Source
Bitcoin mining company Bitdeer acquires lease for Ohio site
The 30-year leasing agreement with the Monroe County Port Authority will provide Bitdeer with up to 570 MW of additional power capacity. Go to Source
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio Bitdeer, a Nasdaq-listed company, has leased land at the Hannibal Industrial … Read more
Bitfarms adds board member to deter Riot Platforms takeover
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult. Go to Source
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s fourth halving event which has increased the pressure on mining profitability. Cleanspark Acquires Griid in … Read more
Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance
The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05. Go to Source
Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000
A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top crypto asset to rebound once the ongoing “culling of weak miners” is complete. Speculators Contribute to Bitcoin’s Plunge According … Read more
