Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial

Andrew Barnard and Doug Carrillo, the co-founders of Bitstop, have acquired Genesis Coin Inc., the first and largest Bitcoin ATM software platform in the world. Over 35% of all Bitcoin ATM transactions worldwide use Genesis Coin’s technology. Through Bitstop, Barnard and Carrillo created one of the first platforms for

Mississippi and Missouri state legislators have submitted bills that aim to formally safeguard the rights of citizens to mine Bitcoin and operate Bitcoin nodes. Senator Josh Harkins (R) and Representative Jody Steverson (R) are leading the campaign in Mississippi while Phil Christofanelli (R) filed the relevant bill in Missouri. The

The first hydroelectric-powered mining facility in Wisconsin was just launched by Sazmining, a hosting services provider for Bitcoin mining, giving the business a carbon-neutral source of electricity. 350 mining machines will be housed in the new facility and will be powered by a neighboring river’s water flow that passes

A Bitcoin exchange-traded fund (ETF) is being introduced by Samsung Asset Management in Hong Kong. According to a report by Fortune Korea, the Samsung Bitcoin Futures Active ETF (3135:HK) invests in Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) in an effort to achieve performance that is

CleanSpark, a publicly traded Bitcoin mining company based in Las Vegas, Nevada, has released their December 2022 Bitcoin mining update along with the CEO’s comments for the previous year. CEO Zach Bradford explained that “among our many accomplishments this year, I’m most proud of increasing our annual Bitcoin

According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is

The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data.  Below are the main points of contention from