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Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
8.9.2020
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares
Diginex Raises $20M Ahead of SPAC Listing on Nasdaq
8.9.2020
Diginex, the firm behind the newly launched EQUOS.io crypto exchange, has raised $20 million ahead of an anticipated Nasdaq listing later this month
Chinese mining giant Canaan announces $10 million share buyback
8.9.2020
Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark
Perfect storm leads to big sell-off for Bitcoin and DeFi: Weekly recap
4.9.2020
A sharp correction in equities markets led Bitcoin price and DeFi tokens to sell-off sharply but have investors turned bearish?
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
11.8.2020
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public...
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support
8.8.2020
After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K
NASDAQ-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold
5.8.2020
“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver, and bitcoin are showing strength.”
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...
Crypto Exchange Operator Diginex to List on Nasdaq in September
31.7.2020
Crypto startup Diginex has launched a cryptocurrency exchange ahead of its Nasdaq listing which has already been approved by the U.S. Securities and Exchange Commission (SEC). The new exchange is based in Singapore where Diginex has applied for a license. Diginex Set to List on Nasdaq...
Diginex Set for NASDAQ Listing in September, Launches Singapore Exchange
30.7.2020
Hong Kong-based crypto trading platform operator Diginex is set to go public in September on the American NASDAQ stock exchange after winning permission from the market regulator – claiming that it will become the “first digital asset exchange to be listed in the United States.”
The firm has also...
Diginex’s Equos Set To Become First Crypto Exchange Listed in US
30.7.2020
An upcoming merger is slated to see Diginex’s newly launched Equos exchange become the first crypto trading platform listed in the United States
A Crypto Derivatives Exchange Is Getting a Nasdaq Listing in Q3
30.7.2020
Originally postponed due to the pandemic, EQUOS.io is still set to be the first crypto exchange on the Nasdaq