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Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein

Riot Platforms (RIOT) is the most ambitious bitcoin (BTC) miner to attempt to consolidate the sector, and the company has a desire to build the world’s largest publicly listed mining company, broker Bernstein said in a research report on Tuesday.The...

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Michael Saylor’s MicroStrategy Acquired an Additional 9,245 BTC

MicroStrategy has continued expanding its bitcoin holdings, announcing the purchase of approximately 9,245 bitcoins for around $623 million in cash today.According to the company's new press release, it acquired the bitcoin between March 11 and 18, using proceeds from its...

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MicroStrategy Increases Convertible Loan to $525 Million to Buy More Bitcoin

The Michael Saylor-led software company MicroStrategy has upsized its planned convertible senior notes offering from $500 million to $525 million.The company intends to use the proceeds to acquire more Bitcoin, as per their recent press release, following a strategy it...

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Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing

Shares of bitcoin mining company GRIID Infrastructure (GRDI) extended their drop into the second day after the Cincinnati, Ohio-based firm completed its listing on Nasdaq this week following its merger with a special purpose acquisition company (SPAC) Adit EdTech Acquisition...

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