Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro

On Tuesday, the Bitfury Group - one of the world’s leading Bitcoin mining technology companies - announced that they were launching a new mining center in Sarnia, Ontario. The facility is already operational and is expected to reach a capacity of 16MW by the end of February and 28MW

In January, a title listed in the program for the 2022 International Solid State Circuit Conference caught a few eyes in the Bitcoin world. The title was “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC,” and it caught a few eyes because it was being presented by technology giant, Intel.

Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin

Canadian firm KPMG LLP  announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio. Benjie Thomas, one of the Canadian Managing Partners at KPMG stated, "Investors such as hedge funds and family

U.S. states Georgia and Illinois recently proposed bills that would provide tax incentives for Bitcoin miners. On Thursday, state lawmakers in Georgia introduced a bill that would provide tax exemptions for the sale or use of electricity in mining activities. In late January, the Illinois state senate introduced a

Deputy Prime Minister Chrystia Freeland said in an announcement that names of both individuals and entities  have been shared by the RCMP with financial institutions and accounts have been frozen and as well as investigation of crypto wallets.  Both journalists and politicians are assisting in identifying anyone who has donated

Fidelity International has recently announced the launch of a Bitcoin exchange traded product (ETP) to be listed on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange.   ETPs are similar to stocks but carry a much smaller financial price point than other options such as mutual funds. The