French Energy Prices Soar to 13-Year High Amid Sudden Cold Snap
Just when we thought things couldn’t get worse for Europe’s energy crisis, along comes a sudden cold snap that sent electricity prices in France to the highest in 13 years, just as almost half of the country’s nuclear reactors are down. The vulnerability of Europe’s energy supplies became very apparent this week, after a sharp […]
Amazon Enters Satellite Internet Game, Secures 83 Rocket Launches Over 5 Years
Amazon.com, Inc. (Nasdaq: AMZN) announced today that it has inked deals with three major space firms, including Amazon founder Jeff Bezos’ Blue Origin, for up to 83 rocket launches over 5 years. The move is the tech giant’s bid to enter the low earth orbit satellite internet industry, rivaling SpaceX’s Starlink. The contracts were made […]
Elon Musk Appointed to Twitter Board of Directors
Merely a day after taking a major stake in the company, Tesla (NASDAQ: TSLA) CEO Elon Musk will now join Twitter’s (NYSE: TWTR) board of directors, with promises to make “significant improvements” to the social media platform. According to an 8-K filing published with the SEC, Musk will serve as a Class II director at […]
Terra Blockchain Goes on Bitcoin Buying Spree to Diversify Reserves
The price of bitcoin is finally showing signs of a rebound, rising above $45,000 for the first time since the beginning of the year. The sudden increase is partially due to a recent shopping spree by stablecoin issuer Terra, which has been diversifying its crypto reserves to back its stablecoin UST. The Terra blockchain, which […]
Marathon Digital Mines 1,258.6 Bitcoin In Q1 2022
Marathon Digital Holdings (Nasdaq: MARA) announced Monday its production updates, highlighting a quarterly production of 1,258.6 self-mined bitcoin in Q1 2022. This is a jump from its Q4 2021 production of 1,258.6 bitcoin and Q1 2021 production of 191.8 bitcoin. “Our bitcoin production would have increased 17% to 1,282 BTC if the global hash rate had […]
Emerita Resources Enters Final Stage Of Permitting For Drilling At Romanera And El Cura
Drilling at Romanera and El Cura could begin within the next two weeks for Emerita Resources (TSXV: EMO). The firm this morning indicated the company is nearing the final stages of the permitting process. With the final stage of the permitting process now being here, it means that the local Department of Environment has completed […]
MicroStrategy Drops $190.5 Million Acquiring 4,167 Bitcoin
MicroStrategy Inc (NASDAQ: MSTR) continues to buy up bitcoin, and it appears that their rate of purchasing may be increasing yet again. The firm this morning put out its latest update on purchases of the crypto, marking the first update on the topic since February 1, when it announced the purchase of $25.0 million worth […]
Kinross Gold Gets Bent Over In Sale Of Russian Assets
Kinross Gold (TSX: K) is finally selling off its Russian assets. After announcing last week its intent to sell the assets and that it was receiving several unsolicited offers, the company has now evidently agreed to sell the properties a Russia-based gold producer. The company will be selling the assets to the Highland Gold Mining […]
West Red Lake Gold Announces 2022 Exploration Plan
West Red Lake Gold Mines (CSE: RLG) last night revealed its exploration plans for the oncoming spring and summer season. The company has indicated it plans to conduct further drilling as well as channel sampling across its West Red lake Gold Project within northwestern Ontario. West Red Lake intends to conduct a spring summer program […]
Canopy Growth Very Quietly Released A Weed-Growing Game
A Twitter user recently discovered a “Zelda-type” 2D weed-growing game from following QR codes printed on Canopy Growth’s (TSX: WEED) Tweed merch. As it turns out, the game is part of a raffle contest that’s been running since February 14. The contest officially ends on April 21, 2022. Sponsored by brand owner Canopy Growth Corporation […]