ChainCatcher news, according to Bitcoin.com, German Bitcoin mining company and data center operator Northern Data AG has announced a capital increase plan. With the approval of the supervisory board, the company will issue 10.7 million new shares, accounting for 20% of its existing share capital. These shares will be sold at a price of 20 euros per share, slightly above the market average price.This move is expected to generate 214 million euros in revenue, which will be invested in NVIDIA GPUs and infrastructure to support generative artificial intelligence (AI) innovations. The company's goal is to enhance its cloud platform and expand its data centers in Europe and the United States.The capital increase will be carried out in two steps to ensure the participation of major shareholders. Initially, Tether Investments Ltd. and an entity owned by CEO Aroosh Thillainathan will subscribe for shares proportional to their current holdings. The remaining shares will be distributed proportionally to other major shareholders.

ChainCatcher news, cryptocurrency group BGX has made a strategic investment in BC Technology Group, the parent company of the licensed virtual asset exchange OSL in Hong Kong, subscribing for new shares worth approximately HKD 710 million.

ChainCatcher news, Hong Kong licensed virtual asset exchange OSL's parent company BC Technology Group (00863.HK) announced that it has sold 90% of its stake in Shanghai Jingwei to independent third party Li Jiaming. The property currently managed and operated is a commercial park located in Shanghai, with a cash consideration of 23 million RMB, and an estimated pre-tax loss of approximately 18.5 million RMB from the sale.In addition, BC Technology Group stated that it has applied for a temporary suspension of trading of its shares on the Stock Exchange, pending the announcement regarding the issuance of new shares of the company (which constitutes inside information of the company).

ChainCatcher news, cryptocurrency miner Argo Blockchain (ARB) raised £5.7 million (approximately $7.5 million) through the sale of new shares.The company, listed on the London Stock Exchange, stated on Wednesday that the sale included a private placement and a public offering, with the former raising £5.134 million and the latter raising £616,000. These funds will be used to reduce the company's outstanding debt. The number of shares sold represents about 12% of the company's pre-sale market value, priced at a discount of approximately 14% to Argo's 30-day volume-weighted average price (VWAP).Previous report indicated that the London-based company reported a full-year net loss of £194.2 million, compared to a net income of £30.8 million the previous year, reflecting a significant decline in the value of Bitcoin (BTC) over the past 12 months, as mining companies across the industry struggle to survive.