TechCrunch founder says Stripe has acquired Bridge for $1.1B
The deal would mark one of crypto’s largest acquisitions, though neither company has publicly confirmed the deal. Go to Source
Merger
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Stripe acquires stablecoin platform Bridge for $1.1B: Techcrunch founder
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins. Go to Source
Cathedra Bitcoin cools off mining to tap MicroStrategy playbook
Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy. Go to Source
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy portfolio in the U.S. and integrate power generation capabilities … Read more
Amazon faces UK merger probe over $4B Anthropic AI investment
Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition. Go to Source
Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with … Read more
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed. Go to Source
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s fourth halving event which has increased the pressure on mining profitability. Cleanspark Acquires Griid in … Read more
Riot Platforms buys $291M in BTC rigs as miners rakes in from Ordinals
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future. Go to Source
Stablecoin issuer Circle weighing up 2024 public launch: Report
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out. Go to Source
