Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022.
The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with
Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.
Galaxy, which is headquartered in New York and has offices in
Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers.
Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand.
Soneva also offers
Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers.
Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand.
Soneva also offers
Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022.
The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with
Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.
Galaxy, which is headquartered in New York and has offices in
On August 16th, 2022, the Houston Texans announced a partnership with Houston-based Bitcoin and cryptocurrency company BitWallet to serve as the team’s official digital currency wallet.
Texans fans will now have the option to use Bitcoin and other cryptocurrencies through BitWallet to buy single-game suites. The Texans are currently
Financial services company Revolut has won approval from the Cyprus Securities and Exchange Commission (CYSEC) to offer Bitcoin services across the European Economic Area (EEA). This has reportedly made the London-based company the first entity to receive approval as a crypto-asset service provider (CASP) from the regulator.
The authorization will
Bitcoin mining company Riot Blockchain boosted the size of its mining fleet to over 44,000 miners while more than 3,000 are ready for deployment. The company sold $14.4 million worth of their Bitcoin treasury and had a 30 million share offering to increase its cash position.
Riot
BTG Pactual, the largest investment bank in Latin America, just launched a Bitcoin and cryptocurrency exchange in Brazil called Mynt.
Mynt will provide direct access to Bitcoin which will place it as one of the first of the largest institutions in Brazil to do so. BTG Pactual reportedly has over
According to a Bloomberg report, Bitmain Technologies Ltd., one of the largest manufacturers for Bitcoin mining equipment, and Antpool are partnering with Antalpha to provide a lifeline for Bitcoin mining companies during the current downtrend in the market. Loans for struggling mining companies will be low-cost and may be used
