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Tag: Miner

U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base, citing national security concerns. The company, MineOne, acquired the real estate in June 2022, placing its operations within a mile of Francis E. Warren Air Force Base, a “strategic missile base and […]

BHP Makes Takeover Approach For Rival Miner Anglo American

(Bloomberg) — The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move that could spark the biggest shakeup in the industry in over a decade. Most Read from Bloomberg Anglo American, which has a market value of £27 billion ($34 billion), said late Wednesday that […]

Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein

Mining stocks have underperformed bitcoin this year. The CEOs of these companies remain upbeat ahead of the halving citing stronger balance sheets, the report said. Some CEOs noted the potential for consolidation in the sector, Bernstein said. Bitcoin {{BTC}} miners may have underperformed the cryptocurrency this year, but their CEOs remain upbeat as the reward […]