Friday, November 28, 2025

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

source https://www.coindesk.com/business/2025/11/28/tether-shuts-down-uruguay-mining-operations-over-energy-tariffs

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Elon Musk's Tesla reports unchanged bitcoin holdings, books $173 million digital asset loss

The company's bitcoin stash remained at 11,509 BTC, worth about $880 million at bitcoin's current price of around $78,000. source ...