News list for "City"
On January 27th, Shanshan shares announced that the relevant creditors of Shanshan Group Co., Ltd. have submitted an application to the people's court for the reorganization of Shanshan Group. The relevant person in charge of Shanshan Group told reporters that the reorganization is an effective way to resolve risks in a market-oriented and rule-of-law manner. Shanshan Group is confident and determined to respond actively under the guidance and assistance of governments at all levels and Financia...
Canadian-listed company Sol Strategies (CSE: HODL) announced an update to the terms of its second private funding round, which will issue convertible bonds and target 2.50 million Canadian dollars. The company said that after the completion of this round of financing, the total private placement will reach 30 million Canadian dollars, and the proceeds will be used to increase SOL holdings and expand validator node operations.
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies. (Globenewswire)
Circle acquired USYC issuer Hashnote for a total market capitalization of $1.30 billion. Circle also announced an agreement with DRW-owned cryptocurrency trading firm and market maker Cumberland to provide liquidity and facilitate settlement for USDC and USYC. The partnership aims to expand USYC as a form of collateral for exchanges and custody platforms.
Nasdaq-listed Oxbridge Re Holdings Limited announced that its board of directors has approved the decision to include Bitcoin and Ethereum in its corporate reserve assets, a decision that reflects its strategy to diversify its financial assets while exploring inflation-resistant assets with long-term growth potential, such as Bitcoin, Ethereum, and other potential cryptocurrencies.
According to Tim Alper, Siberian electricity company Irkutsk Energosbyt plans to file a lawsuit against about 400 illegal cryptocurrency miners who are accused of "stealing" $6.30 million worth of electricity from the grid. The company said the miners were illegally using electricity for crypto mining, particularly by installing energy-intensive mining equipment on garages, private homes, apartment balconies and garden plots, resulting in increased load on the household power grid and possible a...
National Bureau of Statistics: In December 2024, among the 70 large and medium-sized cities, the sales prices of commercial housing in first-tier cities rose month-on-month, and the overall decline in second- and third-tier cities narrowed month-on-month; the year-on-year decline in first-, second- and third-tier cities continued to narrow.
On January 16th, according to Globenewswire, Canadian listed company Goodfood Market Corp. (TSX: FOOD) announced a strategic shift in its financial management. Goodfood is adopting bitcoin investments as a financial reserve asset, joining the global community of forward-thinking companies leveraging digital currencies. The company has completed an initial investment of about $1 million in bitcoin through a spot ETF and plans to strategically increase its holdings by investing a portion of its re...
Nasdaq-listed Nature's Miracle Holding Inc. (NMHI) has received a delisting notice stating that trading of the company's common shares and warrants will be suspended on Nasdaq effective January 15, 2025, and the company is considering appealing the judgment. NMHI recently launched its bitcoin business, announcing a month ago that it would acquire a 90% fully diluted stake in bitcoin miner J & Y Marigold Ltd. for a total purchase price of $5.32 million to enter the bitcoin mining sector.
According to the chain analyst @ai_9684xtpa monitoring, 10 hours ago, market maker Cumberland received 20,000 ETH (about $61.38 million) distributed by the Fidelity FETH ETF Inflows address, and then all of them were recharged into Binance. Before and after the token recharge, it happened to be the short-term trough of the price of $ETH. If this part of ETH has been sold, or one of the driving forces behind the drop in ether last night.
On January 13, Wang Lingjun, deputy director of the General Administration of Customs, said at a press conference that no matter from the perspective of comparative advantage or global market demand, there is no so-called "China's overcapacity" problem, which is purely a false proposition. Made in China is widely popular in the global market, relying on a complete and continuous iterative upgrade of the industrial system, relying on continuous R & D investment and innovation. We have ensured the...
On January 9th, Canadian listed company Sol Strategies Inc. (CSE: HODL) announced the completion of 27.50 million Canadian dollar private placement financing, which was fully subscribed by ParaFi Capital. The funds will be used to expand SOL reserves, expand the validator business and daily operations.
Nasdaq-listed company Bitdeer released the latest unaudited mining and operation update report, which revealed that 145 BTC was mined in December 2024, a decrease from 150 BTC mining output in the previous month. In addition, Bitdeer also disclosed that it has fully repaid the outstanding principal balance of the senior secured notes issued to the seller when it announced the acquisition of TROLL HOUSING AS and TYDAL DATA CENTER AS 10 million USD.
On January 8th, the three major indices of class A share opened lower in early trading. The Shanghai index fell below 3,200 points during the session. As of the noon close, the Shanghai Composite Index fell 1.46%, the Shenzhen Composite Index fell 2.38%, and the growth enterprises market index fell 2.77%. On the disk, the retail sector bucked the trend and strengthened. Yimin Group, Hualian shares and other stocks rose by the daily limit; the home appliance sector was active, and Chunlan shares ...
On January 8th, US-listed company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of bitcoin as an asset in the company's money management plan. As part of this strategy, SUNation plans to use 30% of its excess cash to purchase BTC based on its projected six-month operating expenses. The allocation will depend on factors such as market conditions and the company's operational requirements, including an expansion strategy to support its plans....
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