Since it released its third-quarter results on Nov. 30, the Pennsylvania-based company has signed four separate deals for the rigs, according to the filing. It expects 4,800 rigs, which cost $35.7 million, to be delivered by the end of the year or in early January, it said. Source link … [Read more...] about Stronghold Digital Mining to Acquire 9,080 Bitcoin Rigs
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Crypto.com to Acquire Nadex, Small Exchange to Expand US Presence
BusinessCrypto.com will use the acquisition as a gateway to trade certain derivatives and futures products for U.S.-based customers.By Jamie CrawleyDec 1, 2021 at 8:52 a.m. UTCUpdated Dec 1, 2021 at 9:13 a.m. UTCCrypto.com CEO Kris Marszalek (CoinDesk Archives) Source link … [Read more...] about Crypto.com to Acquire Nadex, Small Exchange to Expand US Presence
CoinShares to acquire ETF index business from Alan Howard’s crypto firm
European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement.Elwood — which is owned by billionaire hedge fund manager Alan Howard — is known for its partnership with … [Read more...] about CoinShares to acquire ETF index business from Alan Howard’s crypto firm
Nuvei to acquire crypto payments processor Simplex for $250 million
Canadian publicly listed payment technology company Nuvei has announced its plans to buy crypto payments processor Simplex, which recently became a member of the Visa network, for $250 million.“We expect Simplex to enhance and expand Nuvei’s steadily growing portfolio of alternative payment methods, adding turnkey simplicity to the process of buying and selling cryptocurrency … [Read more...] about Nuvei to acquire crypto payments processor Simplex for $250 million
Riot Blockchain is set to acquire a Texas data facility for $650M
Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data.The planned purchase was announced by Riot Blockchain on Thursday via a press release, with the U.S. Bitcoin miner paying $80 million in cash. The remainder will come from the sale of … [Read more...] about Riot Blockchain is set to acquire a Texas data facility for $650M