POW.RE acquires Block Green to enhance Bitcoin services
05/15/25, 12:54 AM
Location
Industry
consulting
information technology
cryptocurrency
lending
blockchain
fintech
finance
financial services
POW.RE has announced its acquisition of Block Green to expand its Bitcoin financial services. The deal involves acquiring 100% of Block Green's shares through an equity swap and additional compensation in Bitcoin and USD. This strategic move aims to create significant synergies and diversify revenue streams within the Bitcoin ecosystem.
Company Info
Location
Montreal, Quebec, Canada
Company info
POW.RE is a sustainable Bitcoin mining company operating facilities powered by hydroelectric energy in Paraguay and Northern Canada. The company focuses on deploying high-density computation centers and offering tools to facilitate hashrate transactions.
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