MicroStrategy’s premium to Bitcoin reflects investor confidence in its management, debt-leveraging strategy to acquire more BTC, and potential for future growth beyond its crypto holdings.
Read moreVenezuela bans crypto mining to protect power grid
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
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Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments
Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the
Read moreMarathon Digital misses Q1 estimates on bad weather, utility failures
The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.
Read moreMarathon Digital, Kenyan government discuss crypto policy, energy use
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary.
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Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC
Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising
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