Latest from Aoyon Ashraf
Riot Blockchain to Develop 1GW of Bitcoin Mining Capacity in Texas
The company said the expansion will occur in phases and bring Riot’s total capacity to 1.7 GW.
Foundry to Buy Web 3 Company Upstate Interactive to Expand Blockchain Services
Foundry didn’t disclose the terms of the deal but said it will close at the end of April.
Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower
The proceeds will go toward buying more mining machines and investing in joint infrastructure ventures.
Fort Worth to Become First US City to Mine Bitcoin
The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.
Bitcoin Miner CleanSpark Raises $35M in Equipment-Backed Debt From Trinity Capital
Equipment-based financing is becoming an increasingly popular option for mining firms to fund their growth.
Scaramucci’s SkyBridge Starts Fund for Bitcoin Mining
The fund has $7 million already booked and was created for a second investment in bitcoin miner Genesis Digital, a source said.
BitNile to Lend Up to $100M to Small Businesses Backed by Bitcoin
Loans will range from $1 million to $25 million and be offered to publicly traded companies with less than $250 million in market capitalization.
Flared-Gas Bitcoin Miner Crusoe Energy Raises $350M Series C
The company is also bringing on additional credit facilities of up to $155 million.
Bitcoin Miner Bit Digital Files to Raise Up to $500M in Equity
The proceeds will be used for capital expenditures, buying new mining equipment and other potential acquisitions.
US Sanctions Russian Crypto Mining Host BitRiver
BitRiver and 10 subsidiaries were added to the OFAC list Wednesday in connection with their ties to the Russian economy.
