Bitcoin Mining Firm Riot Secures 33,000 New Rigs for $162 Million
The firm also claimed an option to potentially purchase another 66,000 machines.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Strategy repurchases $205 million of STRC stock, skips Bitcoin buying ahead of Fed rate call
Strategy's pause in Bitcoin buying amid Fed rate decisions highlights the impact of monetary policy on corporate cryptocurrency st...
Strive closes in on second-largest corporate bitcoin treasury with $511 million purchase
Strive's latest bitcoin purchase puts it within 1,000 BTC of second-place Metaplanet as it unveils a new $1 billion preferred stoc...
Strive Buys 6,182 Bitcoin For $511 Million, Lines Up $1 Billion ATM To Buy More
Bitcoin Magazine Strive Buys 6,182 Bitcoin For $511 Million, Lines Up $1 Billion ATM To Buy More Strive, Inc. (ASST) acquired 6,18...
Strategy pauses bitcoin buys, repurchases $205 million of STRC preferred shares
Strategy's bitcoin holdings account for roughly 4% of the total supply cap, with $3.9 billion in paper gains.
Tether Wins Mining Industry Support For Its Open Automation Toolkit
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry...
Bitcoin ETF Week Stays Positive After Nearly $774 Million In Late Outflows
TL;DR: Farside’s preliminary figures show US Bitcoin funds retaining a $301.2 million weekly inflow despite two days of withdrawal...