Energy | Coin14

XXI higher by 8% on merger plans with Strike and bitcoin miner Elektron Energy

The shares of Twenty One Capital (XXI), the bitcoin-focused firm, are up over 8% in after-hours trading on Wednesday, after majority shareholder Tether Investments proposed a merger with Strike and Elektron Energy. Tether Investment, the independent investment arm of the stablecoin issuer, said it intends… Read More

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

5 months ago by Crypto InsightsCrypto

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

Daylight Raises $75M to Build Decentralized Energy Network

7 months ago by Crypto InsightsCrypto

Daylight, a decentralized energy company, has raised $75 million to expand its blockchain-based power network, the firm announced on X on Thursday. The round includes $15 million in equity led by Framework Ventures, alongside $60 million in project financing from Turtle Hill Capital, with participation… Read More