Bitcoin Miner

What type does Bitcoin miner belong to? What type does Bitcoin miner belong to?

According to reports, Marathon Digital, a Bitcoin miner, said that the company could use the $142 million cash deposit of Signature Bank. The company said in a statement that it could manage these funds and pay invoices in the normal course of business. Marathon also confirmed that the company has no direct business relationship with Silicon Valley Bank. Last week, Marathon said that he had repaid the term loan of Silvergate Bank and ended the credit arrangement with the bank. According to the previous news, the US federal banking regulator has promised to return all deposits of Silicon Valley Bank and Signature Bank customers. （The Block） Marathon Digital: $142 million of cash deposited in Signature Bank has been available Analysis based on this information:Marathon Digital, a prominent Bitcoin miner, has recently announced that it may utilize its $142 cash deposit from Signature Bank to pay for invoices in the normal course of business. The company expressed confidence in its ability…

On March 14, Argo Blockchain, a Bitcoin miner, said that one of its subsidiaries had cash deposits in Signature Bank, but these deposits were safe and usable. The company added that Argo and its subsidiaries had no exposure to Silicon Valley Bank or Silvergate. （Proactive Investors） Argo: One of its subsidiaries has cash deposit in Signature Bank, but the deposit is safe and available Analysis based on this information:Argo Blockchain, a popular Bitcoin miner firm, made an announcement on March 14 stating that one of its subsidiaries had cash deposits in Signature Bank. However, the company ensured that these deposits were safe and usable, giving some relief to its stakeholders. Furthermore, Argo Blockchain mentioned that neither Argo nor any of its subsidiaries had any exposure to Silicon Valley Bank or Silvergate. Argo Blockchain is a publicly traded company listed on the London Stock Exchange. It was established in 2017 and has since become one of the top Bitcoin mining companies…

It is reported that Riot Platforms (RIOT), a Bitcoin miner, delayed submitting its annual 10-K report to the Securities and Exchange Commission because its acc…

It is reported that Marathon Digital, a Bitcoin miner, canceled the conference call for the fourth quarter\’s financial results scheduled to be held in the Unit…

It is reported that the encryption mining enterprise BIT Mining Limited released its unaudited financial report for the fourth quarter and the whole year of 20…