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Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US

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One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist … Read more

Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year

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On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on the company’s product development related investments in bitcoin during the … Read more

Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase

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Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael Saylor revealed on Tuesday. He tweeted: On September 14, 2020, Microstrategy completed its acquisition of … Read more