CoinLegacY News (Page 2)
Publicly traded mining companies spend $3.6B on PP&E so far in 2024
Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.... Read more
Posted by cointelegraph.com 4 weeks ago
This Wall Street Bitcoin Miner Wants to Be New MicroStrategy: Currently Holds $3.3B in BTC
The
publicly listed Bitcoin miner from Wall Street, MARA (NASDAQ:MARA), has
acquired 6,474 Bitcoin through a $1 billion zero-interest convertible note
offering, bringing... Read more
Posted by financemagnates.com 4 weeks ago
MARA purchases 6,474 Bitcoin with convertible notes offering
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024.... Read more
Posted by cointelegraph.com 4 weeks ago
Publicly Listed Chinese Firm SOS Commits $50 Million to Bitcoin Investment Amid Market Surge
SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase... Read more
Posted by bitcoin.com 4 weeks ago
Dogecoin gains ground in Nordics with first-ever ETP introduction
DeFi Technologies, a publicly traded Canadian firm, has announced the launch of its subsidiary Valour Inc.’s new product—the Valour Dogecoin... Read more
Posted by cryptoslate.com 4 weeks ago
Bitcoin Retreats as Elon Musk Touts Crypto Solution to US Debt Crisis
Elon Musk warned that the US could face bankruptcy “super-fast,”
proposing a controversial solution inspired by Dogecoin, the meme-based
cryptocurrency. The billionaire’s... Read more
Posted by financemagnates.com 4 weeks ago
Michael Saylor's MicroStrategy Makes Mammoth BTC Purchase, Adding 55,500 Tokens for $5.4B
MicroStrategy bought 55,500 more bitcoin over the past week for $5.4B, bringing its total holding to 386,700 BTC.MicroStrategy recently entered... Read more
Posted by coindesk.com 4 weeks ago
Texas Orders Wall Street Bitcoin Miners to Register as Grid Concerns Mount
The Public
Utility Commission of Texas (PUCT) has adopted new regulations requiring
cryptocurrency mining facilities, including the largest Wall Street Bitcoin
miners, consuming... Read more
Posted by financemagnates.com 4 weeks ago
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible... Read more
Posted by bitcoin.com a month ago
This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000
The
publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ:HIVE)
announced today (Thursday) a significant expansion of its BTC mining
capabilities,... Read more
Posted by financemagnates.com a month ago
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden... Read more
Posted by bitcoin.com a month ago
MARA Stock News: Marathon Digital's Bold $850 Million Move Signals Major Growth Plans
Marathon Digital Holdings Inc. (NASDAQ:MARA) has been
a focal point in the cryptocurrency market, with recent announcements about a
$700 million and... Read more
Posted by financemagnates.com a month ago
MARA Holdings Upsizes Convertible Notes Offering by $150M Amid Overwhelming Investor Demand
The second-biggest publicly traded company holding bitcoin, MARA, is looking to purchase more from the estimated proceeds of $833 million.... Read more
Posted by coindesk.com a month ago
Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury
Chicago-based Cosmos Health, a publicly traded, vertically integrated global healthcare company, is diving into the crypto space by incorporating digital... Read more
Posted by bitcoin.com a month ago
Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases
Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling... Read more
Posted by bitcoin.com a month ago
Rising Bitcoin tides lift small-cap companies to bold reserve strategies
Three publicly traded companies — Thumzup Media Corporation, Solidion Technology, and Genius Group — are gaining attention by incorporating Bitcoin... Read more
Posted by cryptoslate.com a month ago
Bitcoin Miners from Wall Street Bleed Red in Q3, but This One Company Bucks the Trend
The third
quarter of 2024 unveiled a tale of strategic divergence between two of Wall
Street’s Bitcoin Miners, as Hut 8 Corp.(NASDAQ:HUT)... Read more
Posted by financemagnates.com a month ago
Even Top Wall Street Bitcoin Miners Cannot Stay Profitable Despite Soaring Hashrate
Three major
publicly listed Bitcoin miners from Wall Street reported net losses in their
third-quarter results, despite significant revenue growth and operational
expansions... Read more
Posted by financemagnates.com a month ago
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites... Read more
Posted by bitcoin.com a month ago
Why Dogecoin Price Is Surging: Breaking News and Price Analysis for November 2024
The cryptocurrency market is witnessing a remarkable phenomenon
as Dogecoin's (DOGE) price continues its extraordinary ascent,
reaching $0.3292 and becoming the sixth-largest... Read more
Posted by financemagnates.com a month ago
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