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Grayscale has unveiled a new investment product called the Grayscale Bitcoin Miners ETF, which focuses on the Bitcoin mining sector. This ETF allows investors to gain exposure to companies operating within the Bitcoin mining ecosystem. It specifically invests in companies listed on the Indxx Bitcoin Miners Index, a benchmark that tracks global mining firms generating […]
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CleanSpark, a prominent Bitcoin mining company, has announced that it now holds over 10,000 BTC in its corporate treasury. The firm revealed that all 10,097 BTC were acquired through its mining operations based in the United States. This impressive figure represents a remarkable 236% increase in Bitcoin reserves compared to the previous year. With this […]
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Riot Platforms, a prominent Bitcoin mining company, has made a significant acquisition of 5,113 BTC for $510 million. The company announced on the social media platform X (formerly Twitter) that the Bitcoin was purchased at an average price of $99,669 per BTC, including fees and related expenses. This acquisition has boosted Riot’s Bitcoin holdings to […]
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Despite announcing a strategic plan to purchase Bitcoin, Riot Platforms’ shares experienced a nearly 10% decline. On December 9, at the market opening, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities such as Coinbase, Marathon Digital, and CleanSpark, as reported by Yahoo Finance. This decline in Riot Platforms’ […]
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