Quick Take
- At least 10 institutions have placed additional bulk pre-orders for the most powerful bitcoin mining hardware since Q4 2020
- Such investments are estimated to have cost institutions more than $500 million to date
- These machines could in total add another 20 EH/s of computing power at full deployment by the end of 2021
British auction house Christie’s is hosting a sale from February 25 to March 11 where it will sell the work of popular digital artist Beeple.
The post Christie’s to auction off NFT art created by digital artist Beeple appeared first on The Block.
The Ontario Securities Commission has approved another bitcoin ETF just days after North America saw its first approval.
The post Ontario securities regulator grants approval to second bitcoin ETF in less than a week appeared first on The Block.
Michael Sonnenshein took the reigns of cryptocurrency asset manager Grayscale Investments earlier this year. At the helm of the more than $30 billion investment firm, Sonnenshein is charting a course for a broad expansion of the business, which is best known for its Grayscale Bitcoin Trust. “We brought in $5.7 billion last year,” Sonnenshein said. […]
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