Russia Cracks Down on Mining Amid Energy Concerns

Russia bans crypto mining in occupied Ukraine regions to tackle energy shortages during fall and winter. The new law enforces stricter control on mining, allowing only registered entities and imposing regional restrictions. Russia is tightening its rules on crypto mining after Deputy Prime Minister Alexander Novak recently declared a ban on areas under Russian occupation…

Read More

MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms

MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule…

Read More