Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $ 5 billion in 2024, according to theminermag.com. The report also revealed that Q3 had the biggest property, plant, …
El Salvador Triumphs in Bitcoin Bet — President Nayib Bukele Announces $3.6 Million Profit
El Salvador’s head of state, Nayib Bukele, recently announced that the nation’s bitcoin investment has turned profitable, rebounding from a prolonged period of losses experienced during the majority of last year’s crypto winter. Bukele revealed that the value of the country’s cryptocurrency holdings has risen by $ 3.6 million, based on current bitcoin exchange …