Category: The Ledger Edge
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Gemini files for Nasdaq as GEMI with $1.2B losses in 2023
Gemini files for Nasdaq listing under GEMI as losses reach $1.2B in 2023; Bitcoin drops 5% amid SEC scrutiny and market volatility.
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Hive mined 1,024 BTC in Q2 2023, earning $45.6M revenue
Hive generated $45.6M revenue in Q2 2023, driven by Bitcoin mining. The company mined 1,024 BTC, leveraging renewable energy and NVIDIA GPUs.
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Terawulf and Fluidstack announce $3.7B AI hosting deal with Google support
Terawulf partners with Fluidstack on a $3.7B AI hosting deal, supported by Google, marking a major infrastructure expansion in 2024.
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Trump-linked Bitcoin miner spends $314 million on Chinese semiconductor chips
Bitcoin miner Trump-linked company acquires $314 million in Chinese chips, signaling major mining expansion amid global semiconductor tensions.
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Gemini files for 2024 Nasdaq IPO under ticker GEMI
Gemini filed for an IPO, plans Nasdaq listing under ticker GEMI in 2024, joining Coinbase and Kraken in the crypto exchange public market.
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HIVE Digital reports $45.6 million revenue from Bitcoin mining and AI in Q1 2024
HIVE Digital reported $45.6 million revenue in Q1 2024, driven by Bitcoin mining and AI services. The firm operates 38,000 ASIC miners and holds 3,000 BTC.
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Bullish lists on NYSE as first digital asset exchange with $1.2B volume
Bullish, a digital asset exchange, listed on NYSE, marking a first in crypto. The firm processes $1.2B daily volume with Bitcoin and Ethereum as top assets.
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Private equity access expands as Blackstone and KKR report $1.2 trillion AUM in 2023
Blackstone and KKR manage $1.2 trillion in assets; private equity investments grew 15% in 2023, with pension funds increasing allocations by 8%.
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XRP Ledger processed 2.8B transactions as Ripple CTO affirms global finance readiness
Ripple CTO David Schwartz states XRP Ledger processed 2.8B transactions, handling $2.4T volume, with Bitcoin and Ethereum as key competitors in blockchain finance.
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Hive Digital Q1 earnings reach $45 million on Bitcoin and AI growth
Hive Digital reported record Q1 earnings of $45 million, driven by Bitcoin mining and AI growth, with a 30% increase in revenue.