Phoenix Group Powers Ahead With 30MW Crypto Mining Facility in Ethiopia
TL;DR Phoenix Group expanded its Bitcoin mining footprint with a 30MW facility in Addis Ababa, developed with Ethiopian Electric Power and built to scale for AI
Latest news about Blockchain and Cryptocurrencies focused on companies in the sector.
More and more companies are starting to use blockchain and are entering the world of cryptocurrencies, which makes this technology increasingly closer to being used by the people.
In this section, we will publish the latest news about the companies that use or want to start using blockchain in their day to day, the mergers and collaborations of these and all the news of interest always under the journalistic rigor that characterizes us.
TL;DR Phoenix Group expanded its Bitcoin mining footprint with a 30MW facility in Addis Ababa, developed with Ethiopian Electric Power and built to scale for AI
TL;DR Strategy doubled its initial target, raising $715 million through the issuance of its STRE preferred shares, which offer a 10% yield. The funds will be
TL;DR Trump Media reported a net loss of $54.8 million in the third quarter, marking its third consecutive negative result. The company had invested $2 billion

TLDR ABTC announced the purchase of 139 BTC, raising its total holdings to 4,004 BTC. The firm uses a “Satoshis Per Share” (SPS) metric for its
TL;DR JPMorgan Chase expanded its investment in BlackRock’s spot Bitcoin ETF to 5.28 million shares valued at $343 million. IBIT has accumulated $64.4 billion in net
TL;DR Commonware secured a $25 million investment led by Tempo, the blockchain payment network backed by Stripe and Paradigm. The funding highlights the growing push to
TL;DR ETHZilla sold around 11,900 ETH for about $40 million to fund a $250 million share buyback program. The company allocated $12 million from that sale
TL;DR Early court filings show more than $500 million in questionable internal entries at Bittrex’s U.S. entity, including repeated micro-withdrawals and assets linked to inactive blockchains.
TL;DR Analysts expect Robinhood’s stock to rise around 12%, reflecting stronger confidence in its crypto strategy and solid earnings momentum. The company confirmed it is evaluating
TLDR Google will integrate live forecasts from Polymarket and Kalshi into its Search results. Polymarket and Kalshi have reached valuations of $9 billion and $5 billion,
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy