Trump Media Confirms $2.3B Bitcoin Treasury Plan Amid $400M Stock Buyback

Trump Media Confirms $2.3B Bitcoin Treasury Plan Amid $400M Stock BuybackTrump Media unleashes a $400 million stock buyback, powering ahead with its $2.3 billion bitcoin treasury plan and accelerating its high-stakes push into digital assets. Trump Media Launches $400M Buyback as Bitcoin Treasury Plan Stays Full Speed Ahead Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the media company founded by President Donald […]

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Bitcoin Mining Company Griid Secures $525 Million Credit Facility From Blockchain.com

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On Monday, the mining firm Griid Infrastructure announced the company has secured a $525 million credit facility from the crypto firm Blockchain.com. According to the announcement, the credit facility will be a four-year term in order to increase the company’s mining capacity. Bitcoin Mining Infrastructure Firm to Increase Capacity With Help From Blockchain.com Cryptocurrency mining, and more specifically bitcoin ( BTC ) mining, has seen millions of dollars invested during the course of the year. Enterprise operations have inked massive deals with bitcoin mining rig manufacturers like Canaan, Bitmain, and Microbt for thousands of ASIC devices. A few large bitcoin mining operators have also begun constructing new facilities in order to increase capacity. On November 22, Griid Infrastructure announced the company has secured a $525 million credit facility from the company Blockchain.com . The financing will be used to increase mining capacity as well as “capitalizing on over 1,300 m...
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