digital infrastructure – DIGIT INFO

TeraWulf to raise $350M in convertible notes for share repurchase

DIGIT — Thu, 24 Oct 2024 11:28:06 +0000

TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets.

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Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC

DIGIT — Fri, 20 Sep 2024 17:10:08 +0000

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, opting to prioritize bitcoin […]

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Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering

DIGIT — Tue, 13 Aug 2024 18:30:06 +0000

Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other corporate necessities. Core Scientific Unveils Convertible Notes Offering, Eyes Debt Repayment On […]

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Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M

DIGIT — Sun, 26 May 2024 06:20:50 +0000

Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish a steering committee comprised of ministry officials and executives from Marathon. Joint Steering […]

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Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

DIGIT — Mon, 27 Feb 2023 15:00:51 +0000

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable […]

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Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency

DIGIT — Thu, 28 Apr 2022 17:30:20 +0000

Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly issued by the office of the Presidency of the Central African Republic (CAR) appeared to […]

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