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3232Bitcoin Miner Terawulf Raises $10M in Fresh Capital to Pay Down Debt, Restructures Deal With Bitmain
https://www.digit.info/bitcoin-miner-terawulf-raises-10m-in-fresh-capital-to-pay-down-debt-restructures-deal-with-bitmain/
Tue, 13 Dec 2022 10:30:39 +0000https://www.digit.info/2022/12/13/bitcoin-miner-terawulf-raises-10m-in-fresh-capital-to-pay-down-debt-restructures-deal-with-bitmain/Read more]]>On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the company’s self-mining capacity to expand and fully leverage the 160 megawatts of Terawulf’s available mining […]
]]>Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry
https://www.digit.info/valkyrie-files-for-etf-that-invests-in-firms-that-derive-50-revenue-from-bitcoin-mining-industry/
Wed, 26 Jan 2022 21:30:24 +0000https://www.digit.info/2022/01/26/valkyrie-files-for-etf-that-invests-in-firms-that-derive-50-revenue-from-bitcoin-mining-industry/Read more]]>The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry. Valkyrie’s Proposed ETF Targets the Bitcoin Mining Industry […]
]]>Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com
https://www.digit.info/bitcoin-mining-company-griid-secures-525-million-credit-facility-from-blockchain-com/
Tue, 23 Nov 2021 07:30:12 +0000https://www.digit.info/2021/11/23/bitcoin-mining-company-griid-secures-525-million-credit-facility-from-blockchain-com/Read more]]>On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, […]