M&A

Plus, are cataclysmic bugs still a threat?

Riot Platforms called for the meeting after seeking to acquire Bitfarms via a deal the company ultimately rejected

The promotion of Ben Gagnon comes after Riot called a shareholder meeting to try to remove members of Bitfarms’ board

The company intends to grow its mining capacity to 400 megawatts in the state by 2026

Colorado-based miner is still “completely committed to pursuing a transaction” with its Canadian competitor after deal rejection

The QT taper begins this month…but what does that mean for markets?

The purchase of five sites in Georgia set to help CleanSpark hit its mid-year operating hash rate target of 20 EH/s

Bitfarms’ latest shareholder rights plan does not preclude Riot from making unsolicited takeover bids, company says

Bitfarms’ new shareholder rights plan to “preserve the integrity” of the strategic review process that Riot seeks to “undermine,” company claims

Robinhood announced on Thursday that it plans to acquire Bitstamp for $200 million

Plus, May’s jobs report from the Bureau of Labor Statistics is going to be a big one

The miner appears well positioned to defend itself against Riot’s current proposal, Architect Partners executive says — and Bitfarms says others are interested

The company is making public a previously private offer rejected by Bitfarms’ board of directors last month

Stronghold Digital Mining’s market value compared to its peers is “hard for us to understand,” CEO says

Marathon Digital and Riot Platforms each have more than $1 billion in cash and BTC to deploy, while CleanSpark has said it could be “one of the most aggressive acquirers”

Though some expect most public miners to survive the halving, the segment’s most vulnerable could fall victim to consolidations and defaults

Industry giants Marathon Digital and Riot Platforms together have roughly $3 billion in combined cash and BTC on their balance sheets

CEO Asher Genoot said Hut 8 is looking at ways to boost its presence in the high-performance computing and AI realms

Public mining companies have been acquiring sites, refreshing machine fleets and diversifying business models in preparation for the event

The planned $87 million deal follows Marathon’s purchase of two mining facilities in January

GBTC operator’s “eyes and ears are open” when approached about potential strategic deals, CEO Michael Sonnenshein says

CoinList plans to buy the company, which holds a South Dakota license to offer custody services

Fresh off merging with US Bitcoin Corp, the company’s chief executive now tasked with “hard decisions to divest, invest and grow our assets”

Former US Bitcoin Corp president is set to replace Jaime Leverton, who was Hut 8’s chief executive since December 2020