Bit Digital, a NASDAQ-listed Bitcoin mining company headquartered in New York, has entered into several asset purchase agreements to acquire $13,903,088 worth of Bitcoin miners with a total hash power capacity of 1,000 Ph/s. The agreements also involve an offering of 4,344,711 ordinary shares at a price of $3.20 per share. After this transaction closes,...Read More
Bitcoin has new blood. With the cryptocurrency reaching a high not seen since December 2017, following which it endured a 15-month long bear market, new and unfamiliar investors are entering the Bitcoin markets. For starters, these newbies are rushing in to buy Bitcoin, creating fresh demand. This demand has to be catered to by Bitcoin’s...Read More
