Crypto Insurer Evertas Acquires Bitcoin Mining Cover Specialist Bitsure

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Crypto Insurer Evertas Acquires Bitcoin Mining Cover Specialist Bitsure

Providing insurance for the specialized equipment used to mine bitcoin might seem similar to the straightforward type of property-risk cover for data

Providing insurance for the specialized equipment used to mine bitcoin might seem similar to the straightforward type of property-risk cover for data centers and the like, said Evertas CEO J. Gdanski. But a lingering fear of crypto generally, combined with several variables that affect the value of mining rigs, make it a poorly understood risk, Gdanski said.

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