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In its latest monthly report, Bitcoin miner Marathon Digital revealed exposure of $81.3 million in the now-bankrupt data center Compute North. The publicly listed mining firm had invested $10 million in convertible preferred stock and […]
This Week on Crypto Twitter: HODLers Joke Through Bitcoin Bloodbath, Twitter Tries Ethereum NFT PFPs
Illustration by Mitchell Preffer for Decrypt The crypto market was already having an ugly 2022, but crashed even harder this week, shaving almost half a trillion dollars from the global market cap in 24 hours […]
Elon Musk’s Tesla Has Sold 75% of Its Bitcoin Holdings
Tesla sold 75% of its Bitcoin, worth approximately $936 million, according to its Q2 earnings report. In its after-market earnings announcement, the electric car manufacturer founded by Elon Musk said in a shareholder presentation that “Bitcoin […]
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