Bitmine’s Ethereum Treasury Surpasses $2 Billion as Holdings Cross 566,000 ETH

Bitmine's Ethereum Treasury Surpasses $2 Billion as Holdings Cross 566,000 ETHBitmine Immersion has grown its ethereum holdings to more than $2 billion, amassing over 566,000 ETH just weeks after closing a $250 million private placement, underscoring its aggressive treasury strategy. Ethereum Treasury Crosses $2 Billion Mark for Bitmine Bitmine Immersion Technologies announced that its ethereum reserves have topped $2 billion, a dramatic increase since the […]

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Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign

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Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

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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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