Quick Takeaways Russia’s largest bank has entered new territory. Sberbank has issued the country’s first loan secured by cryptocurrency. The pilot loan was granted to Intelion Data. The firm is one of Russia’s largest Bitcoin mining companies. Sberbank confirmed that…
Quick Takeaways Northern Data’s sale of its bitcoin mining business is drawing fresh scrutiny. New filings show the buyers were linked to Tether’s own top executives. The German-listed data center firm sold Peak Mining in November. The transaction was valued…
Quick Takeaways: Bitcoin Mineworker Now Holds 12% of Corporate BTC Treasuries as Accumulation Strategy Grows. Bitcoin mining companies are becoming some of the largest corporate holders of BTC. New data points bear witness that mineworkers control a meaningful portion of…
Quick Takeaways: China’s Mining Comeback Surprises the Market China has unexpectedly returned to the top tier of global Bitcoin mining. Despite its nationwide ban, the res publica instantly contributes roughly 14% of the worldwide hashrate. This resurgence places China behind…
Quick Takeaways CleanSpark’s $1.15B Fundraise Marks Bold Pivot to AI Bitcoin miner CleanSpark (CLSK) is moving aggressively beyond traditional mining. The Nevada-based business firm heralds a program to raise $1. 15 billion through convertible aged notes, draw a bead on…
Quick Takeaways Japan Encompasses Bitcoin Mining for Energy Innovation Japan is taking an unexpected approach to renewable energy direction, using Bitcoin mining to stabilize its electricity grid. The country’s first state-linked pilot, powered by Chinese manufacturer Canaan’s hardware, integrates blockchain…
