SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint.
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 CointelegraphRelated market context
Third Point’s Core Scientific Stake Puts Bitcoin Miner-To-AI Trade In Focus
Dan Loeb’s Third Point has disclosed an equity position in Core Scientific, adding another institutional name to the growing trade...
Ethereum core developers schedule EIP-8141 for Hegotá upgrade
EIP-8141's inclusion in the Hegot upgrade enhances Ethereum's competitiveness by simplifying user transactions and future-proofing...
Sberbank’s Crypto Lending Push Targets Bitcoin, Ethereum and USDT Collateral
Key Takeaways: Sberbank is ready to lodge Bitcoin, Ethereum and USDT to obtain credit. The initiative is reliant on the new crypto...
Evernorth’s XRP strategy hinges on one number after Nasdaq vote
Armada Acquisition Corp. II shareholders will vote Sept. 30 on Evernorth Holdings' Nasdaq merger, which would give the XRP treasur...
Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading str...
Bitcoin treasury company registers 93% of shares for resale and puts third of its crypto into options
USBC has registered a block of already-issued shares equal to almost its entire outstanding common stock for potential resale, cre...