There seems to be no bottom for the Grayscale Bitcoin Trust (GBTC), as shares of the industry’s largest Bitcoin fund hit a record discount of 35.18% last Friday. GBTC shares allow investors to trade shares […]
Microstrategy took a non-cash digital impairment charge of $917.8 million in the second quarter of 2022, according to its Q2 2022 earnings call on Tuesday. An impairment charge describes a drastic reduction or loss in […]
The merger between Bitcoin mining firm GRIID and a blank-check company has been delayed again. Adit EdTech, a special purpose acquisition company (SPAC) that announced in November 2021 it would acquire GRIID, said in an […]
Crypto exchange Binance has restricted a total of 281 personal accounts belonging to Nigerian users, per Reuters. Binance CEO Changpeng Zhao (CZ) reportedly told these customers in a letter that the decision was made to […]