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Dallas-based Applied Blockchain Inc. is throwing its hat in the cryptocurrency hosting arena after raising $32.5 million through a private stock sale.

The company, which specializes in crypto mining and infrastructure, will use the money to buy land and build and equip the facilities. Once completed, the facilities will house up to 500 megawatts of power.

Blockchain product producer Bitmain, headquartered in Beijing, led the investment and will join SparkPool and GMR as strategic partners for the company. It will help in the operation and development of Applied Blockchain’s businesses and other initiatives.

“This industry is young and evolving rapidly,

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One of Crusoe Energy’s flare-mitigation centres in Montana.



Hunter Lowe, a 27-year-old electrician from Tennessee, was working for around $10 an hour in his home state and supporting

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Stratagem Market Insights provide a deep analysis of the Global Mobile Payment Technology Market which evaluates business solutions, assesses, research and development, application, benefits, advantage, scope, and operations. This report offers an in-depth analysis and development of industry major manufacturers, key drivers, opportunity, challenge, international suppliers also deep study on risks and entry barriers.  It also offers competitive analysis on the latest technology, trend, innovation, future scope, Industry Share, sales, revenue generation, investment analysis, and overall business scenario.

These studies also involve the important achievements of the market, research & development, new product launch, regional growth, leading competitors

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US President Joe Biden speaks during a commemoration of the 100th anniversary of the Tulsa Race Massacre at the Greenwood Cultural Center in Tulsa, Oklahoma, on June 1, 2021.

Mandel Ngan | AFP | Getty Images

President Joe Biden on Thursday expanded restrictions on American investments in certain Chinese companies with alleged ties to the country’s military and surveillance efforts, adding more firms to a growing blacklist.

In an executive order, Biden barred U.S. investors from financial interests in 59 Chinese companies over fears of their links to the Chinese government’s geopolitical ambitions, continuing some portions of the tough tact

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The historic Wall Street debut of Coinbase will make bitcoin and  “crypto” a household name, Gregg Smith, founder of Evolution VC Partners, told FOX Business’ “Varney & Co.” Wednesday. 

BITCOIN REACHES RECORD HIGH AHEAD OF COINBASE IPO

GREGG SMITH: It’s no surprise that we’re witnessing bitcoin make new highs today, coinciding with the direct listing of Coinbase. I think the analogy to this is: Coinbase will do to bitcoin and other cryptos exactly what Beyond Meats IPO two years ago did for plant-based eating, and it really

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A Fidelity Investments location in New York.

Scott Mlyn | CNBC

Fidelity Investments is preparing to launch its own bitcoin exchange-traded fund as the investment giant works to cement its clout in the market for digital assets and virtual currency.

FD Funds Management, a subsidiary of Fidelity, said on Wednesday that it plans to provide financial backing for an exchange-traded fund called the Wise Origin Bitcoin Trust.

The firm filed a Form S-1 with the Securities and Exchange Commission, a preliminary registration statement for the fund.  

Fidelity confirmed that it filed a prospectus to sponsor a bitcoin ETF but said

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