Tag : financial condition

BitNile Holdings Issues Update That Company Has Invested a Total of $127 Million on Data Center and Bitcoin Miners
Finance News

BitNile Holdings Issues Update That Company Has Invested a Total of $127 Million on Data Center and Bitcoin Miners

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company announced that the Company has invested a total of $127 million on its bitcoin mining operations at its Michigan data center, including $114.7 million in the purchase of bitcoin miners from BITMAIN Technologies Ltd. and $12.3 million for the purchase of the data center......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
by Fintech News Desk0
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
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