December 20, 2024

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Bitcoin mining stocks surge as takeover fever grips market

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CoinDesk is a renowned media outlet that focuses on reporting the latest news in the cryptocurrency industry. Their team of journalists strictly adheres to a set of editorial guidelines. In November 2023, CoinDesk was acquired by the Bullish group, the parent company of Bullish, an authorized digital assets exchange. The Bullish group is predominantly owned by Block.one, and both companies have investments in various blockchain and digital asset enterprises, along with substantial digital asset holdings, including bitcoin. CoinDesk functions as an autonomous subsidiary with an editorial committee in place to safeguard journalistic freedom. It’s important to note that CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation package.

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