Acquisition

GRIID Infrastructure Inc., an American-based infrastructure company operating bitcoin mining facilities, has been making significant strides since its inception. Now, with its acquisition by CleanSpark Inc., this promising company is poised to achieve even greater heights.

Insiders familiar with the matter reveal that Kucoin's move to acquire Ku.com is an effort to enhance its position in the cryptocurrency exchange sector.

HIVE Digital strategically expands BTC mining, acquiring a Swedish data center for enhanced capacity, financial fusion, and a sustainable, future-focused approach to dominate the evolving cryptocurrency landscape.

The crypto data platform plans to integrate new endpoints into its crypto data API by Q2 2024, covering various aspects of NFT data across major platforms.

The all-cash deal, whose financial specifics remain undisclosed, signifies a shift in ownership for CoinDesk, previously under Digital Currency Group since a $500,000 purchase in 2016.

Thailand's Kasikorn Bank, commonly known as KBank, has completed the acquisition of 97% of the shares in the parent company of the Satang crypto exchange.

Purcell will be replaced by Rich Hauschild, former COO of iTrustCapital, while Purcell continues serving as a board member of Fortress' parent company.

Elon Musk's public scrutiny of Wikimedia Foundation's financial requests has generated considerable speculation, particularly regarding the prospect of a potential acquisition.

The acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.

Just 3 weeks after announcement of its proposed acquisition of Fortress Trust, Ripple has abandoned the plans. However, Fortress CEO downplayed the significance of the deal's cancellation.