BTC was best-performing asset of past decade by 900%
Bitcoin’s annualized returns have eclipsed all other asset classes by a big margin. Go to Source Powered by WPeMatico
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Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction
The major exchange is inching closer to a public offering. Go to Source Powered by WPeMatico
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation … Read more
Coinbase public listing filing details 2020 revenue, major a16z stake
The company has benefited a lot from the 2020 market, but had lost money in 2019. Go to Source Powered by WPeMatico
The US SEC Revokes Registration of Long Blockchain Corp’s Securities
The U.S. Securities and Exchange Commission (SEC) says it has revoked the registered securities of Long Blockchain Corp (LBCC) after the company failed to file annual reports since Dec. 31, 2017. In addition, the SEC says LBCC, which made the switch from soft drink production to activities related to blockchain technology in December 2017, is … Read more
Long Blockchain Corp has officially been delisted by SEC
The beverage maker turned Bitcoin mining company has failed to file its financial reports with the SEC. Go to Source Powered by WPeMatico
Baidu reportedly aims to address chip shortage plaguing gaming, crypto and cars
Baidu is reportedly planning to commercialize its chip technology by setting up a dedicated subsidiary backed by crypto-friendly venture capital firms. Go to Source Powered by WPeMatico
Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public. Go to Source Powered by WPeMatico
Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist … Read more
MicroStrategy stock finally takes a breather following massive BTC-inspired rally
MSTR declined by as much as 12.6% on Monday as Bitcoin pulled back sharply from $40K levels. Go to Source Powered by WPeMatico
