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Home » Archives for Business Wire » Page 447

Cathedra Bitcoin and Kungsleden Inc. Announce Merger to Create an Infrastructure Company for the Digital Economy

March 8, 2024 By Business Wire

Transaction is intended to create a scaled, vertically integrated, and diversified bitcoin mining and hosting business with an expected 4.8 EH/s of hash rate under management1 across approximately 94 MW of power capacity2 at 8 data centers in 5 states. Expected to contribute to Cathedra's growth trajectory by adding Kungsleden's data center development team, who have grown … [Read more...] about Cathedra Bitcoin and Kungsleden Inc. Announce Merger to Create an Infrastructure Company for the Digital Economy

LAVA Launches as Decentralized Lending Market Platform to Mitigate Impermanent Loss

March 7, 2024 By Business Wire

Platform Launch to Bolster Liquidity Providers through Collateralization and Lending of Liquidity PositionsHONG KONG--(BUSINESS WIRE)--LAVA, a decentralized lending market platform, today announces its launch to empower liquidity providers and facilitate greater market depth. Invested by the digital asset arm of Recharge Capital, a leading thematic-first investment firm, LAVA … [Read more...] about LAVA Launches as Decentralized Lending Market Platform to Mitigate Impermanent Loss

SMArtX Advisory Solutions Adds 23 Strategies to Its Manager Marketplace

March 7, 2024 By Business Wire

Richard Bernstein Advisors joins the SMArtX Platform.WEST PALM BEACH, Fla.--(BUSINESS WIRE)--SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology, announced it has added 23 strategies offered by seven leading asset management firms to its platform. The platform currently features 1,350 strategies from over 300 asset management … [Read more...] about SMArtX Advisory Solutions Adds 23 Strategies to Its Manager Marketplace

The Helium Foundation Announces SkyNet IoT’s Roaming Integration with Helium

March 7, 2024 By Business Wire

The Helium IoT Network expands into the maritime domain, supporting SkyNet IoT’s existing customers in the Netherlands and expansion into Boca Raton, FloridaSAN FRANCISCO--(BUSINESS WIRE)--The Helium Foundation, stewards of the Helium Network, the world’s first and largest decentralized wireless network powered by blockchain, today announced SkyNet IoT, a LoRaWAN multi-network … [Read more...] about The Helium Foundation Announces SkyNet IoT’s Roaming Integration with Helium

Mogo adds Bitcoin to its Treasury Management Strategy

March 7, 2024 By Business Wire

Board Approves an investment up to $5 millionVANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced that its Board of Directors has approved a change to its treasury management strategy to include Bitcoin and Bitcoin ETFs and authorized an initial investment of up to … [Read more...] about Mogo adds Bitcoin to its Treasury Management Strategy

Soluna Announces Monthly Business Update

March 7, 2024 By Business Wire

ALBANY, N.Y.--(BUSINESS WIRE)--$SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its February project site-level operations, developments, and updates. The Company has provided the following Corporate and Site Updates. Key Company Metrics: The … [Read more...] about Soluna Announces Monthly Business Update

Paysafe Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook

March 7, 2024 By Business Wire

LONDON--(BUSINESS WIRE)--Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE), a leading payments platform, today announced its financial results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Financial Highlights (Metrics compared to fourth quarter of 2022) Revenue of $414.5 million, increased 8%; increased 6% on a constant currency basis Total … [Read more...] about Paysafe Reports Fourth Quarter and Full Year 2023 Results; Provides 2024 Outlook

Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract with Potential Revenue of More than $100 Million

March 7, 2024 By Business Wire

Strategic extension of data center hosting business levers Core Scientific’s expertise in high value compute to broaden revenue model to customers engaged in rapidly growing High-Performance Computing (“HPC”) Core Scientific leases Austin, TX data center formerly housing Hewlett Packard; provides basis for potential growth opportunities with expanded infrastructure The … [Read more...] about Core Scientific to Provide CoreWeave up to 16 MW of Data Center Infrastructure to Support AI and HPC Workloads in Long Term Hosting Contract with Potential Revenue of More than $100 Million

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