Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
Fortitude Mining, Digital Currency Group’s Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The…
Datavault wants to buy a bank and fund it with $35 million after reporting $1.4 million cash
Datavault AI has agreed to acquire BankWyse, a Wyoming banking institution, while promising funding substantially larger than the cash it reported at the end of June. The mismatch leaves a central question for the proposed deal: How can Datavault finance…
This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it work
HIVE Digital Technologies’ $350 million AI cloud contract depends on a $185 million GPU buildout that must be completed in the fourth quarter before most of the revenue can begin. The five-year agreement, signed by HIVE’s BUZZ High Performance Computing…