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Riot Platforms urges Bitfarms board changes ahead of crucial October meeting
3.9.2024
Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of a special meeting in October
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
2.9.2024
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with...
Valorant's Newest Agent Looks Like A Defensive Powerhouse
26.8.2024
This week, Riot Games will add a new agent to its tactical shooter Valorant. Vyse, the 26th character players will be able to control, brings more of the game’s signature style and inventive gameplay to players. After teasing the agent on social media in the lead up to the Valorant Champions esport...
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
16.8.2024
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
16.8.2024
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil
Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms
14.8.2024
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of CEO Ben Gagnon to the board and the resignation...
Riot Platforms boosts Bitfarms stake with $2.28M share acquisition
14.8.2024
Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations
Ex-Bitfarms interim CEO steps down amid board shakeup
13.8.2024
Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
1.8.2024
The company's loss per share doubled to $0.32
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Marathon & Riot Boost Bitcoin Reserves as Small Miners Sell
30.7.2024
After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. While the smaller miners are dumping their Bitcoin to cover expenses, more prominent institutional investors such as Marathon Digital Holdings and Riot Platform...
Riot Platform buys Kentucky-based Block Mining for $93M
25.7.2024
Riot says the deal will immediately add one exahashes per second to its self-mining hashrate and expands its footprint in the United States
Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
25.7.2024
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
24.7.2024
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said