eToro has secured a $250 million revolving credit facility from a syndicate of major global banks, the company announced Monday, bolstering its …
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Mining
Why Did Bitcoin Hashrate Plummet After the U.S. Attacked Iran’s Nuclear Facility? Was Iran Mining Bitcoin? Here Are Estimates of Its Bitcoin Holdings
by shayaanby shayaanIran has turned to cryptocurrency mining and trading since 2019, as its local currency has been devalued due to years of harsh …
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Markets
The Probability of Iran Blocking Strait of Hormuz Surges to 52% On Polymarket After Trump's Air Strikes on Iran's Nuclear Facility
by shayaanby shayaanThe probability of Iran’s leadership blocking the Strait of Hormuz for shipping has increased following the U.S. airstrikes on Iran’s nuclear facilities. …
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Mining
Sangha Renewables Launches 20 MW Bitcoin Mining Facility Powered by Solar Energy
by shayaanby shayaanSangha Renewables has officially broken ground on a 19.9-megawatt (MW) bitcoin mining facility in West Texas, marking a notable step in its …
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Riot Platforms tapped on its Bitcoin holdings to secure and upsize the credit facility. Bitcoin mining in the United States has helped …
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Mining
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
by shayaanby shayaanThis week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining …
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Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations …
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Adoption
Tabit Insurance secures $40m facility capitalized entirely in Bitcoin
by shayaanby shayaanTabit Insurance, a Barbados-based company offering insurance solutions for the digital assets industry, raised $40 million in a facility capitalized in Bitcoin. …