Russia’s BitRiver faces bankruptcy over unpaid debts

BitRiver, Russia’s largest bitcoin mining operator, is facing bankruptcy after a court initiated insolvency proceedings over unpaid debts. Summary BitRiver is undergoing bankruptcy proceedings after a court-initiated insolvency due to unpaid service fees. Russia’s largest bitcoin mining operator has been severely impacted by mounting power-related debts. The company’s future remains uncertain as energy suppliers suspend…

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35% risk as MicroStrategy’s BTC buying continues

MSTR stock price continued its recent downtrend on Monday as volatility in the crypto market remained.  Summary MSTR stock price continued its strong downward trend this week. MicroStrategy continued its Bitcoin accumulation strategy. Technical analysis suggests that MSTR may crash to $100 soon. MicroStrategy dropped to $136, down by 75% from its all-time high. It…

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