The fund’s units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators.
Powered by WPeMatico
Auto Added by WPeMatico
The fund’s units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators.
Powered by WPeMatico
Powered by WPeMatico
Powered by WPeMatico
Powered by WPeMatico
Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6.9 million from $21.2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. The Toronto Stock Exchange-listed company extracted just 795 bitcoin (BTC) in the April to June quarter, compared to 1,165 BTC in the […]
The post Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving appeared first on Bitcoin News.
Powered by WPeMatico
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported on Fidelity integrating with Coinbase, mining bitcoin, and even accepting […]
The post Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8 appeared first on Bitcoin News.
Powered by WPeMatico
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price of $1.45 each. Each unit is comprised […]
The post Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise appeared first on Bitcoin News.
Powered by WPeMatico
Mike Novogratz’s Galaxy Digital has been accepted into the Toronto Stock Exchange’s sandbox, with hopes of graduating onto its senior platform after 12 months.
Powered by WPeMatico
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405 […]
The post Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility appeared first on Bitcoin News.
Powered by WPeMatico
Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. It is one of the earliest banks in the crypto space to achieve such a listing. Many eyes are watching to see what will become of the relationship between legacy financial institutions […]
The post Billionaire Backed Bitcoin Bank Trading on Major Stock Exchange appeared first on Bitcoin News.
Powered by WPeMatico