ACQUISITION
Riot Platforms Acquires Block Mining to Boost Capacity to 2 Gigawatts
Riot Platforms, Inc. has acquired Block Mining, Inc., significantly expanding its operational and power capacity in the Bitcoin mining sector.
OpenAI Acquires Rockset to Enhance AI Data Processing Capabilities
OpenAI has announced the acquisition of Rockset, a company specializing in real-time data analytics, to bolster its AI data processing capabilities.
Robinhood to Acquire Bitstamp in $200M Deal to Bolster Global Crypto Presence
Robinhood's acquisition of Bitstamp aims to expand its crypto offerings and global footprint.
Riot Proposes to Acquire Bitfarms for $2.30 Per Share
Riot Platforms proposes acquisition of Bitfarms to create the largest publicly listed Bitcoin miner.
Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin
Nilam Resources, Inc. has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity named MindWave. The entity will hold 24,800 Bitcoin, serving as collateral for investment in high-yield generating projects. This strategic acquisition marks a significant milestone for Nilam Resources, Inc., adding over a billion dollars in digital assets to its portfolio.
DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure
DTCC announces its strategic acquisition of digital asset infrastructure specialist, Securrency. This move will bolster DTCC's digital asset offerings and streamline the integration of blockchain technology.
MicroStrategy Acquires Additional 5,445 Bitcoins, Total Holdings Reach 158,245 BTC
MicroStrategy continues to invest heavily in Bitcoin, announcing the acquisition of an additional 5,445 BTC. The company now holds 158,245 Bitcoins, acquired for an aggregate sum of approximately $4.68 billion. The move comes amid a period of relative stability in Bitcoin prices.
eBay Acquires AI-Powered Digital ID Prvoder Certilogo
eBay Inc., a global commerce leader, has announced the completion of its acquisition of Certilogo, an AI-powered provider of digital IDs and authentication for apparel and fashion goods. This move is set to bring new, 'Secure by Design' digital ID technology to eBay's fashion category, expanding opportunities in the circular economy.
JPMorgan to Acquire First Republic Bank Assets
JPMorgan Chase is set to acquire First Republic Bank's assets after the troubled bank was closed by regulators. JPMorgan will assume all assets, including uninsured deposits, and enter into a loss-sharing agreement with the FDIC.
MicroStrategy Acquires Additional 1,045 Bitcoin
Business intelligence firm MicroStrategy acquires 1,045 Bitcoin for $29.3 million, bringing its total holdings to 140,000 BTC worth over $12.6 billion. The company continues to invest in Bitcoin as a reserve asset.
First Citizens Bank to Acquire Silicon Valley Bank Deposits and Loans
First Citizens Bank will acquire all deposits and loans of Silicon Valley Bank after its collapse following rumors of a liquidity crisis. The FDIC has approved the purchase and assumption agreement, and Silicon Valley Bank depositors will become depositors of First Citizens Bank. The North Carolina-based bank is now the 30th largest commercial bank in the US.
HSBC approves multi-million-pound bonuses for Silicon Valley Bank UK staff
HSBC UK Bank, which acquired Silicon Valley Bank UK for just one pound, has reportedly approved multi-million-pound bonuses for its staff and senior executives. The bonus pool, totaling between £15m and £20m, was described as "modest" by insiders and was said to be in honor of previously agreed payments and to retain key staff.
Binance Confirms Equity Investment in Musk's Acquisition, Dogecoin Stimulated over Deal
The acquisition of Twitter by Elon Musk has finally been made. Binance confirmed the crypto exchange has invested as an equity investor in Elon Musk's $44 billion deal.
Bitcoin Miner Crusoe Energy Acquires its Big Rival Great American Mining
The acquisition has brought companies with complementary capabilities, assets, and customer relationships to make Crusoe a big Bitcoin mining firm in the US.
TRON’s Founder Justin Sun Could be Real Acquirer of Huobi Global: Sources
Justin Sun, the founder of TRON, is reportedly to be the real buyer for the acquisition of Huobi Global, according to sources with the matter.