Friday, September 29, 2023
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Hut 8 receives green light from Canadian Supreme Court for USBTC merger

Canadian Bitcoin mining firm Hut 8 is set to wrap up its planned merger with US Bitcoin (USBTC) following final approval from the Supreme Court of British Columbia.Hut8 and USBTC announced the move in February 2023, which was subject to shareholder and regulatory approval. The merger will see Hut 8 and

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TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger

Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards after increasing its mining capacity in the first half of 2023.According to the company’s latest quarterly filing with the U.S. Securities and Exchange Commission, TeraWulf mined a total of 1441 BTC through the first half of the year.

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Two Luxembourg-based Satellite Rivals SES and Intelsat Confirm Possibility of Merger to Take on Musk’s SpaceX

If the transaction goes through, SES and Intelsat will form a single company valued at about $10 billion including debt. In a statement to shareholders, SES SA (LuxSE: SESG), a Luxembourgish satellite telecommunications network provider, noted that it is in advanced merger talks with Intelsat S.A, a multinational satellite

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