Auto Added by WPeMatico

Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to…

Continue ReadingCleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing…

Continue ReadingBitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million…

Continue ReadingBitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite…

Continue ReadingRiot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition

In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance…

Continue ReadingRipple Aims to Expand Regulatory Reach With Standard Custody Acquisition