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As the price of bitcoin rallies above $100,000, a host of companies are harnessing public markets via SPACs and reverse mergers to purchase digital assets en masse. (Illustration: Philip Smith for Forbes) https://t.co/TA0luLESCV https://t.co/oHVWBBxXAc ...

🔥 LATEST: $7B KraneShares has filed to list a Coinbase 50 Index ETF, aiming to track the top 50 digital assets by market cap. https://t.co/K2UafzeHuf ...

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Core Viewpoint - Cango Inc. has successfully completed the acquisition of on-rack crypto mining machines with a total hashrate of 18 Exahash per second, issuing 146,670,925 Class A ordinary shares to the sellers as part of the Share-Settled Transactions [1][2]. Group 1: Acquisition Details - The On-Rack Sales and Purchase Agreement for the Share-Settled Transactions was signed on November 6, 2024, with several amendments made leading up to the closing on June 27, 2025 [2]. - All closing conditions for the Share-Settled Transactions were satisfied or waived, including the NYSE's authorization for the supplemental listing application regarding the Class A ordinary shares [2]. Group 2: Ownership Structure - Following the completion of the Share-Settled Transactions, Golden TechGen Limited, the largest seller, now owns approximately 19.85% of Cango's total outstanding shares, while all sellers collectively own about 41.38% of the total outstanding shares before any Bonus Shares or Adjustment Shares are issued [3]. Group 3: Operational Aspects - The acquired mining machines are currently operational and located in data centers across several countries, predominantly in the U.S. Cango will continue to host these machines and has engaged a service provider for operational and maintenance services [4]. - The completion of these transactions is expected to bolster Cango's expansion and growth within the crypto asset sector [4]. Group 4: Company Overview - Cango Inc. is primarily focused on Bitcoin mining, with operations strategically located in North America, the Middle East, South America, and East Africa. The company entered the crypto asset space in November 2024, motivated by advancements in blockchain technology and the increasing adoption of digital assets [5].

RT CoinDesk Indices (@CoinDeskMarkets)Webinar alert!Join @ricedelman of @thedacfp, David LaValle of @Grayscale and @baehr of @CoinDesk Indices for an informative Webinar on Wednesday, July 16 from 1-2 p.m. ET.Explore digital assets and discover ways to access the crypto asset class beyond #bitcoin.Register today: https://t.co/aLBkd2s21oInformational purposes only. ...

New trading symbol "TAOX" effective Tuesday, July 1, 2025, New name represents Company's strategic focus on the synergies between cryptocurrency and AINEW YORK, June 26, 2025 /PRNewswire/ -- TAO Synergies Inc. (the "Company"), formerly Synaptogenix, Inc. (NASDAQ: SNPX), today announced that it will begin trading on Nasdaq under the new ticker symbol "TAOX" on Tuesday, July 1, 2025, in accordance with its rebranding to the new name TAO Synergies Inc., effective today. The Company's new corporate identity ali ...

RT ARK Invest (@ARKInvest)Bitcoin’s average daily gains have exceeded its average daily losses across every rolling 4-year window (a halving cycle).ARK's Associate Portfolio Manager for Digital Assets explains.👇 ...

morning. Bitcoin all the way back to over 107,000. Meanwhile the Senate Subcommittee on Digital Assets is working on new legislation that would provide a legal framework for crypto, a separate from the House's version of a similar bill.And joining us now, Republican Senator Cynthia Lummis. She chairs the Subcommittee on Digital Assets. And welcome, Senator.It's good to see you. As always. Tell us about legislation that once and for all, what it would be, crypto would be under the auspices of the SEC, not th ...

LAS VEGAS, June 25, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company has received a major delivery of additional production line processing equipment from China for the new facility in Etzatlan, Mexico, that opened recently in April 2025. AABB received 6 containers of equipment from manufacturer Mecru Heavy Industry Technology Co. Ltd. based in Zhengzhou, Henan, China, and the Company anticipates to receive the remaining 4 containers ...