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
Kraken wins Fintech Company of the Year – Established at the National Fintech Awards 2026
TL;DR Kraken was named Fintech Company of the Year – Established at the Business Post’s National Fintech Awards 2026 in Dublin. Th...
Ripple Pushes RLUSD Into 24/7 Corporate Cash With AI Treasury Platform Expansion
Key Takeaways: Ripple Treasury introduced Returns 24/7, a program that lets qualified businesses get back 24/7 on their qualifying...
Strategy makes record $205 million STRC buyback as Strive spends $511 million on Bitcoin
Bitcoin treasury firms Strategy and Strive made record purchases last week, but directed their capital toward different assets. Wh...
Strategy’s Weekly STRC Buyback Climbs to $205 Million While Its Bitcoin Stack Stays Put
Strategy spent $204.9 million repurchasing 2,068,459 shares of its STRC preferred stock between Oct. 19 and Oct. 25 and bought no...
Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock
Bitcoin Magazine Strategy (MSTR) Pauses Bitcoin Buying and Spends $205 Million on Preferred Stock Strategy reported no bitcoin pur...
Strategy Skips Bitcoin Buy, Spends $205M Repurchasing STRC Instead
Michael Saylor’s Strategy paused its bitcoin accumulation last week, instead spending nearly $205 million repurchasing its preferr...