TRM Labs revealed UK-registered exchanges Zedcex and Zedxion facilitated $1 billion in IRGC-linked transactions through shell structures connected to sanctioned financier Babak Morteza Zanjani. The post Iran Used UK Crypto Platforms to Evade Sanctions With $1B in Secret Flows: Report appeared first on Cryptonews…
Iran Used UK Crypto Platforms to Evade Sanctions With $1B in Secret Flows: Report Read More »
The leading American Bitcoin mining company – Riot Platforms – has acquired the Kentucky-based firm Block Mining in a transaction valued at $92.5 million. The deal, announced on July 24, includes $18.5 million in cash from Riot’s reserves and $74 million in Riot common stock. Additionally, Block Mining could receive up to $32.5 million more,
Riot Platforms Acquires Block Mining for $92.5M, Expands Hash Rate and Market Reach Read More »
Riot Platforms has announced the purchase of an additional 1,432,063 shares of Bitfarms. The acquisition, completed on June 10 at approximately $2.7 per share, represents an investment of around $3.87 million. This latest move brings Riot’s total holdings to approximately 57.62 million shares, accounting for about 14% of Bitfarms. Riot’s Ongoing Takeover This announcement is
Riot Platforms Boosts Bitfarms Stake with Additional Share Acquisition Read More »
Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25% stake in Bitfarms and plans to make a public takeover offer despite the company’s board’s recent rejection. Global Bitcoin Mining Giant Riot has proposed an
Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms Read More »
Last updated: May 29, 2024 02:06 EDT | 1 min read Riot Platforms has acquired a 9.25% stake in Bitfarms after its takeover offer was rejected. According to a press release Riot Platforms published on May 28, the Bitcoin mining firm’s $950 million offer to acquire all outstanding shares of Bitfarms was turned down by
Riot Platforms Buys 9.25% Stake in Bitfarms After Rejected Takeover Offer Read More »
Last updated: February 23, 2024 15:27 EST | 2 min read Image by Luisa, Adobe StockBitcoin mining operation Riot Platforms made over $280 million last year alone, the company’s 2023 annual report released Thursday, February 22, reveals. Riot Platforms’ Record Performance “I am pleased to announce results for Riot for 2023, which proved to be
Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals Read More »
Riot Platforms is one of the leading cryptocurrency mining companies with a steady stream of income. A Well-Grounded Company The company’s strength lies in the sheer scale of operations, which allows it to drive down the cost of mining Bitcoin by virtue of its immense processing power. Although it faced a significant downturn during crypto
Riot Platforms Buy $291 Million In Mining Rigs, Locks In Price For Even More Read More »
