Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo is paying roughly $42.5 million upfront for institutional trading capabilities as NYDIG prioritizes a claimed 3+ GW power-and-compute footprint, leaving profitability unproven on both sides. The post Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power appeared first on CryptoSlate.
Key Takeaways
- BitGo is paying roughly $42.5 million upfront for institutional trading capabilities as NYDIG prioritizes a claimed 3+ GW power-and-compute footprint, leaving profitability unproven on both sides.
- The post Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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