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Canadian Bitcoin mining giant Hut 8 secured pivotal judicial approval for its merger with USBTC.  The British Columbia Supreme Court has granted the final judicial go-ahead for the union between Canadian Bitcoin miner Hut 8 and U.S. Bitcoin Corp (USBTC). Scheduled to culminate by year’s end, this merger is poised to reshape the landscape of Bitcoin mining and high-performance computing. We are pleased to share that the Supreme Court of British Columbia has issued a final order approving the merger of equals between Hut 8 and USBTC! The full details can be found here https://t.co/aXcFXn2tEW — Hut 8 (@Hut8Mining) September 18, 2023 Hut 8’s strategic blueprint: The merger and beyond Earlier in 2023, Hut 8 and USBTC unveiled their intention to combine operations. Pending approval s from multiple entities including regulators and shareholders, the merger gained its final judicial endorsement on September 18.  As a result, a new enterprise, tentatively named ...

GammaRey said it has nearly $800 million in consumer assets. According to an announcement on Jan.3, Blockchain Fintech firm GammaRey signed a merger agreement with financial e-commerce and consumer data analytics company GoLogiq. Both companies are based in the U.S., while GoLogiq focuses on customers in Southeast Asia.  As stipulated by the terms, GoLogiq will issue $320 million in common stock to acquire 100% of GammaRey's outstanding shares. The transaction is anticipated to be completed within the next few weeks, subject to conditions. As told by the two parties, the merger aims to "focus on the high-growth market of wealth management for Generation Z and Millennials." Regarding the transaction, Brent Suen, chairman of GoLogiq, commented: "Through this highly synergistic merger, we will have achieved our goal for GoLogiq to become a comprehensive fintech platform for underserved businesses and consumers that is generating strong revenue growth and cash flow....