Riot Platforms Acquires Block Mining for $92.5M amid Its Massive Expansion Plans
With the Bitcoin mining landscape becoming increasingly competitive, Riot Platforms’ strategic acquisitions position it as an industry leader.
Deals News
Check out the latest news about world’s largest deals, find key information on the biggest mergers, acquisitions, and partnerships in the business world
Bitfarms and Riot Platforms Battle for Ownership, Shares Skyrocket
In its takeover bid, Riot proposed that it would help Bitfarms’ shareholders to capitalize on the potential for future value creation.
Ripple Closes Standard Custody Acquisition Deal and Appoints Jack McDonald as Senior Vice President of Stablecoins
The acquisition of Standard Custody by Ripple follows the approval of necessary regulatory requirements, thus solidifying Metaco’s purchase last year.
Bitfarms Adopts ‘Poison Pill’ to Prevent Hostile Riot Platforms Takeover
By Tolu Ajiboye
• 3 mins read
The new Bitfarms Poison Pill hopes to keep Riot at bay for a while, protecting itself from a forced takeover from the rival.
Core Scientific to Accumulate $3.5B in Partnership with CoreWeave
By Anisha Pandey
• 3 mins read
The partnership is set to provide a stable, recurring, and high-margin revenue stream for Core Scientific, complementing its current business model.
JPMorgan Supports Riot Platforms’ Bid to Acquire Bitfarms
By Chimamanda U. Martha
• 3 mins read
Riot also pointed out that the merger would be advantageous for shareholders of both companies.
IdeaSoft and INTMAX Collaborate to Launch JIBx Perpetual DEX on Plasma Next
By Godfrey Benjamin
• 3 mins read
IdeaSoft, a member of the Sigma Software Group specializing in fintech blockchain applications, has embarked on a collaborative venture with INTMAX, developer of the open-source Ethereum scalability solution Plasma Next.
CoinShares Bolsters US Presence with $530M Valkyrie ETF Business Acquisition
By staff writer
• 3 mins read
CoinShares is already integrating Valkyrie into its ecosystem. Both teams are working together to ensure a smooth transition and maintain the high quality of currently existing product offerings.
Bullish Pays Up to $80M to Acquire CoinDesk and Replaces Several Managers Including CEO Kevin Worth
By Tolu Ajiboye
• 3 mins read
The CoinDesk takeover by Bullish has resulted in a few changes, including the departure of the CEO among other key staff.
Monex Group to Acquire Majority Stake in Canada-based 3iQ
By Steve Muchoki
• 3 mins read
The Tokyo-based Monex Group intends to further strengthen its digital asset offerings to institutional investors through the 3iQ acquisition.
Warner Bros Discovery and Paramount Global Reportedly in Early Merger Talks, WBD and PARA Shares Down
By Steve Muchoki
• 3 mins read
The media shake-up has intensified amid changing advertising trends fueled by the rise of X platform backed by tech billionaire Elon Musk.
Keywords Studios Acquires SoftBank-Backed Improbable Unit for $97M
By Chimamanda U. Martha
• 3 mins read
Keywords Studios said that the team, consisting of Andy Norman, Rocco Loscalzo, Vaughan O’Brien, and Roger Cheung, will continue to lead the business after the successful completion of the acquisition.
Adobe and Figma Set to Terminate $20B Acquisition Deal amid Regulatory Issues
By Tokoni Uti
• 3 mins read
Adobe’s $20 billion bid to buy its competitor Figma has been officially terminated.
Crypto VC Firm C1 Explores Acquisitions in Australia, Targets Animoca Brands and Chainalysis
By Chimamanda U. Martha
• 3 mins read
Australia’s recent regulatory developments in the crypto space coincide with C1’s endeavor to acquire private holdings in the country.
HIVE Digital Set to Acquire Data Center Facility in Sweden to Expand Its Global Presence
By Tolu Ajiboye
• 3 mins read
HIVE has now added the location in Sweden to mining facilities in Canada and Iceland.
Bussiness Deals News
Check out the latest news about the world’s largest deals today, find key information on the biggest mergers, acquisitions, and partnerships in the business world. Stay tuned to get daily business deals news on investments, partnerships, Capitals, IPOs, etc.
Business deals involve collective agreement and understanding between at least two gatherings who plan to work together. An arrangement is usually made between two dealers to trade commodities of significant worth, for example, merchandise, administrations, data, funds, etc. A business deal can only be termed successful after the two parties agree on the footing and states of the agreement.
At the point when a company decides to expand its business by entering another region, deals with similar business settings that are local to the territory and realize its economy well can enable the organization to begin working together there.
While a deal stream can be created from a few sources, the proposition that are probably going to gather the most consideration are the ones from organizations or businesses where a previous venture has been effective, or where there is a strong existing relationship. Then again, spontaneous recommendations from untried substances are probably going to be given quick permits by most settled lenders.
Recent Deals
A bought deal is a securities offering which usually resolves to purchase the whole contribution from the customer organization. A purchased bargain disposes of the giving organization’s financing hazard, guaranteeing that it will raise the proposed sum. Be that as it may, the customer firm will probably get a lower cost by adopting this strategy as opposed to evaluating it by means of the open markets with a more suitable plan.
Coinspeaker offers you real-time news, insights, trends and information about market deals around the world and their consequences on various firms and businesses as we take you closer to the finance space.
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