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Bitmain launches US production line to outmaneuver geopolitical trade tensions
Bitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused by customs holds and navigating escalating trade tensions. In a Dec. 9 statement, […]
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Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities […]
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Marathon Digital eyes Bitcoin growth with $700 million in convertible notes
Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase […]
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Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion
Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 billion, according to a Nov. 18 statement. Marathon explained that the zero-interest senior […]
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El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media […]
