The firm is looking for a “reliable income stream … that is uncorrelated to bitcoin prices.”
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
The city notice effectively stops the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion is in compliance with local zoning ordinances.
Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns
The changes come amid an ongoing class-action lawsuit against the mining company.
Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.
Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of Fraud
The company shed $130 million in value after J Capital’s report.
Bitcoin Miner Bit Digital Passes $1B Market Cap
The company had a total value of $6.2 million a year ago.
Bit Digital Completes $13.9M Deal for New Mining Machines
The company acquired nearly 18,000 new ASICs in an all-stock transaction.