Browsing Tag
Bitcoin Mining
227 posts
Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase
Marathon Digital plans to raise $250M via convertible senior notes for Bitcoin buying. The funds will also support…
Bitcoin Mining Firm Bitfarms Faces $27 Million Net Loss in Q2 2024
Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This…
Core Scientific surges 17% after latest CoreWeave announcement
Core Scientific shares climbed more than 17% on Tuesday as the bitcoin mining company announced new developments around…
April’s Bitcoin Halving Drives Riot Platforms’ Widened Q2 Losses
In the second quarter of this year, Riot Platforms recorded a net loss of $84.4 million, compared to…
Marathon Digital Falls Short of Revenue Prediction, Shares Plunge 8%
Marathon Digital (MARA) saw its shares drop over 8% in after-hours trading on Thursday following a second-quarter revenue…
Bitcoin miner CleanSpark expands with first site acquisition in Wyoming
CleanSpark said in a press release on Thursday that it has acquired its first Bitcoin mining site in…
This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC
Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC. This substantial…
Marathon Digital Increases Bitcoin Stash With $100M Purchase
Marathon Digital, the world’s largest Bitcoin mining company, has announced its latest purchase of $100 million worth of…
Senator Cynthia Lummis Criticizes Biden Administration’s Proposed 30% Tax on Bitcoin Miners
On July 23, Cynthia Lummis released a report arguing against the Biden administration’s proposed 30% excise tax on…
Riot announces acquisition of Bitcoin miner Block Mining
Riot Platforms announced its acquisition of Block Mining on July 23. The bitcoin miner said the transaction involved…