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First Ever Bitcoin Dividend Declared by Public Company
First Ever Bitcoin Dividend Declared by Public Company

NASDAQ-listed blockchain company Bitcoin Services Inc (BTCS) announced on Wednesday that it will become the first U.S company to offer investors the option to receive a dividend payment in BTC. The company has declared what it is calling a “Bividend” of $0.05 per share which is payable in

News  •  Bitcoin  •  Jan 05, 2022
Italian Bank Adds Bitcoin Trading Capability
Italian Bank Adds Bitcoin Trading Capability

The adoption of bitcoin has reached a new level as several banks have begun to add the option to trade bitcoin. The latest example - Banca Generali.  The bank has over $87 billion in assets and is focused on private banking for high-net-worth individuals.  The service, which will allow customers

News  •  Bitcoin  •  Jan 04, 2022
Marathon Releases December 2021 Production Numbers
Marathon Releases December 2021 Production Numbers

Marathon Digital Holdings Inc released its annual and December 2021 production numbers on January 3, 2022.  Marathon mined a total of 3,197 Bitcoins in 2021, an 846% increase from the previous year. Of these, 1,095 BTC were mined during the fourth quarter of 2021. December alone accounted for

News  •  Bitcoin  •  Jan 04, 2022
Cryptocurrency and Digital Asset Advisor Among New SEC Hires
Cryptocurrency and Digital Asset Advisor Among New SEC Hires

On December 30, 2021 the Security and Exchange Commission (SEC) announced several new hires and additions to the executive staff. The new hires include Corey Frayer, Jorge Tenreiro, Jennifer Songer, and Phil Haverstein.  SEC Chair Gary Gensler commented on the addition, saying  “Corey, Phil, Jenny, and Jorge have exceptional experience.

News  •  Politics  •  Jan 03, 2022
MicroStrategy Buys 1,900 Bitcoin in December
MicroStrategy Buys 1,900 Bitcoin in December

Virginia-based business intelligence company, MicroStrategy, recently acquired 1,900 bitcoin at an average price of $49,200 per BTC for a total of $94 million. This brings the total number of bitcoin owned by Microstrategy to 124,391 acquired at an average price of $30,160.  This comes as no

News  •  Bitcoin  •  Jan 03, 2022
GEM Mining Reaches Hashrate Milestone with Deployment of New Miners
GEM Mining Reaches Hashrate Milestone with Deployment of New Miners

The South Carolina-based company announced that it has reached a hashrate of 1.25 EH/s with 13,118 machines deployed. The majority of the GEM mining's fleet consists of Bitmain S19 Pro miners and produces a staggering 6.5 Bitcoins per day. With the addition of these

News  •  Bitcoin  •  Dec 30, 2021
Marathon Digital Holdings Makes Order for $900 Million of New Bitcoin Miners
Marathon Digital Holdings Makes Order for $900 Million of New Bitcoin Miners

Marathon Digital Holdings has announced an order for 78,000 of Bitmain’s latest generation Antminer S19 XP models. The model is Bitmain’s most powerful yet with a hashrate of 140 TH/s. The order is worth a total of  $879.06 million. Marathon expects to have 199,000

News  •  Bitcoin  •  Dec 30, 2021
Thai Technology Stock Skyrockets After Bitcoin Mining Announcement
Thai Technology Stock Skyrockets After Bitcoin Mining Announcement

Jasmine Technology Solution Pcl is one of the best-performing stocks of 2021 with much of its increase attributed to a July announcement of its foray into bitcoin mining. The stock is up nearly 7000% year to date. “The strong response from investors has exceeded our expectations. There’s bullish optimism

News  •  Bitcoin  •  Dec 28, 2021
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