Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise

Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price of $1.45 each. Each unit is comprised of one common share. From this, investors have the option to buy another share for $1.80 between now and December 2021. The Alberta-based miner said funds from the offering will be used to upgrade its…

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Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking

Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to local media reports. The firm’s mainstream ambitions, announced last year, also include a securities dealer license. A banking license in Liechtenstein will give it access to European Union banking customers, it said. The offer is open until mid-June. Valued at…

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5 Bitcoin Cash Full Node Teams to Raise Funds With the Noncustodial Flipstarter App 

The creators of the noncustodial funding application, Flipstarter have recently announced there are now five fundraiser campaigns live on the platform for a number of Bitcoin Cash full node projects. The projects full node fundraisers currently hosted on Flipstarter include the Bitcoin Cash Node, Bitcoin Verde, BCHD, Knuth, and Bitcoin ABC. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter Five Bitcoin Cash Full Node Projects Are Raising Funds Using the Noncustodial Flipstarter Protocol On April 16, the developers who built the fundraising platform Flipstarter announced the…

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