Fortitude Mining Holdings has increased its credit facility from $26 million to $50 million to accelerate its expansion in Zcash mining. The company plans to purchase 9,000 Bitmain Antminer Z15 Pro ASIC miners and expand its data centers and power infrastructure, aiming for over 60 MW capacity. Fortitude will draw the loan in Zcash (ZEC), creating a natural hedge against price fluctuations. Additionally, Fortitude intends to go public via a business combination with Nasdaq-listed HeartSciences Inc., adopting the ticker 'TUDE'. This move highlights growing institutional interest in proof-of-work mining and innovative financing tied directly to mined assets.
Fortitude Mining Holdings' credit facility increase to $50M for Zcash mining expansion is contextually distant from the broader cryptocurrency market trends on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 24, 2026 09:02 WIB: out of 50 major cryptocurrencies, only 6 rose while 43 fell. Notably, VeChain (VET) dropped 8.93% to Rp157 with a typical hold time of 146 days, contrasting with Polkadot (DOT) which fell 8.81% to Rp19,520 but saw 63% buy orders, and The Sandbox (SAND) declined 8.61% to Rp710 with a strong 70% sell order activity.
Litecoin (LTC) surged 7.17% within an hour, rising from $61.92 to $66.36 on Binance's LTC/USDT spot market on Sept. 23. This sharp price increase coincided with $170,000 worth of short liquidations across Binance, Bybit, and OKX, while no long liquid...
Ethereum Classic (ETC) experienced a sharp price increase of 4.72% within one hour, rising from $8.68 to $9.09 as of late September 23. This notable move occurred without any recorded liquidations on major exchanges Binance, Bybit, and OKX, indicatin...
Binance will suspend deposits and withdrawals of Injective (INJ) starting at 10 a.m. ET on September 24 to support a network upgrade and hard fork scheduled at block height 184,394,000. The upgrade is expected to complete by 11 a.m. ET, during which ...
Bitget has introduced a new USDT-settled perpetual contract linked to Polymarket's IPO pre-market activity. This derivative product allows traders to use up to 20x leverage and is available for trading 24/7. The contract uses USDT for settlement, mak...
In the second half of 2025, banks' overall prudential exposure to cryptoassets remained stable, but the composition shifted notably in the Americas. Bitcoin's share of exposure fell sharply from 75.8% to 44.2%, while Ether's share rose to 38.5%. Othe...
