BlackRock, which is Core Scientific's largest shareholder according to FactSet data, already held $37.9 million in secured convertible notes as of Wednesday. The latest $17 million is part of the…
Debt has been a sore spot for some crypto miners, some of which have faced margin calls on their loans as the value of their collateral, usually bitcoin or equipment,…
The firm has 29,640 bitcoin mining rigs waiting energization in in West Texas, it said in the update. This is largely because hosting firm Compute North's energy provider is waiting…
Crypto miners have been selling bitcoin as their revenues have slumped along with the bear market. Argo said that it has been using derivatives to limit downside risk since the…
On-chain data shows that a wallet linked to Celsius repaid the remaining $41.2 million of the loan in DAI, the Maker protocol's stablecoin. That prompted the Maker protocol to release…
Crypto miner Bitfarms (BITF) raised $34 million with the sale of 1,500 bitcoin (BTC), applying those funds to trim a credit-backed facility from Galaxy Digital (GLXY.TO) to $66 million from…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions…
