Playtech Buys Out Bitcoin CFD Trading Platform Plus500 in a £460m Deal
World's largest online gaming software provider Playtech's Cyprus branch is reportedly buying out the online contracts for difference trading platform Plus500 in an all-cash £459.6 million deal. Teddy Sagi, who controls Playtech Cyprus Ltd. (LSE: PTEC), announced that his company was buying the Israeli online Bitcoin and other instruments CFD trading company. Shares of Plus500 (AIM: PLUS) closed at 369.9 pence on Friday. Shareholders will receive in cash 400 pence for each share. Both the companies are traded on the London Stock Exchange (LSE). Roughly two weeks back, shares of the Bitcoin....
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Leading forex brokerage Plus500 have signed a deal with Spanish football team Atlético Madrid that will see the company's name displayed at the back of the team's shirts. The deal, which will last until the end of the season (4 months) with an option to renew, will commence from tonight's game between Atlético and Real - two bitter Madrid rivals. Plus500 CEO Gal Haber said: We are honored to be partnering with such an esteemed football club as Atletico Madrid, which has established a strong pedigree over its 111 year history. Atlético Madrid is a natural fit for us as Europe is our largest....
Plus500 got its brand new sponsorship program off to a flying start yesterday evening, as the team on whose shirts its logo now resides - Atletico Madrid - beat local rivals Real Madrid 2-0 at the Copa del Rey. We reported yesterday that the sponsorship - which we can now reveal to be worth 1.5 million EUR - was set to begin ahead of last night's game. Markets are already hinting that the agreement - scheduled to draw to a close at the end of the season in about 4 months' time - will be extended ahead of the season's close. As we mentioned yesterday, the reason this is news in the digital....
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest self-miner in North America”. ▪ When fully installed, the new machines will bring the firm’s total hashrate to 2.56 exahash per second (EH/s) – one of the world’s top 15 bitcoin miners. ▪ In August, Marathon bought another 10,500 miners of the same make for $23....
Cleanspark Inc., a Nevada-based corporation, said Thursday that it is acquiring U.S. bitcoin miner ATL Data Centers for $19.4 million in a deal to be completely settled in shares. Cleanspark specializes in microgrid energy software. It claims that it can use this technology at the ATL facility to create energy savings, expand total power capacity, and reduce greenhouse gas emissions. According to a press statement, Nasdaq-listed Cleanspark intends to quadruple the number of ASIC bitcoin miners in operation at ATL. This will happen once the firm adds another 30 megawatts (MW) of electricity....
Crypto.com signs a $175 million kit deal with UFC as the cryptocurrency platform continues to expand its sponsorship drive. UFC Enjoys A Piece Of Cryptocurrency Money Endeavor-owned UFC has agreed to sign a sponsorship deal with crypto.com. As per which, the cryptocurrency platform’s name will be on wrestlers’ fight kits both in and out of […]