Saturday - May 24, 2025
Signs Term Sheet to Expand Pipeline with Project Annie ALBANY, N.Y. / May 22, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Annie, a new 75... Read more
MIAMI, May 22, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a vertically integrated power infrastructure company focused on developing cutting-edge data centers for high-performance computing, is pleased to announce that US Data Centers, Inc., a wholly owned subsidiary of the Company, has entered into a collaboration with Super Micro Computer, Inc.... Read more
Total revenues of US$18.2 million exceeds guidance, up 445.5% YoY Total ETH-based cryptocurrency units were approximately 7,023, up 23.2% QoQ Income from operations reach US$5.1 million, achieving turnaround from prior-year period SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the... Read more
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its fiscal second quarter 2025 financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to review the... Read more
Strategic Joint Venture to Launch Regulated Stablecoin: DeFi Technologies has entered into a joint venture and made a lead equity investment in Fire Labs, a stablecoin infrastructure provider backed by America First Technology ("AFT"). This partnership marks DeFi Technologies' entry into the Real-World Asset ("RWA") sector through the development of a fully regulated, USD-backed stablecoin issued directly by a... Read more
CASTLE ROCK, Colo., May 20, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has successfully upsized its existing $100 million credit facility (the "Existing Credit Facility") to a total commitment of up to $200 million (the "Upsized Credit Facility") with Coinbase Credit, Inc.... Read more
Q1 Revenue of $5.9 Million and 220MW of New Projects in Development ALBANY, N.Y. / May 16, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its financial results for the quarter year ended March 31, 2025. “Our outlook shines brighter with expanding project... Read more
Jordan Levy Elected Chairman of the Board AUSTIN, Texas / May 16, 2025 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced the appointment of Elizabeth Crain to its Board of Directors, effective immediately. Ms. Crain will also serve as the Chair of the Company’s Audit Committee. Ms. Crain... Read more
NEW YORK, May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for the First Quarter of 2025. The Company will host a conference call on May 16, 2025, at 10:00 AM ET to discuss results (click here for registration... Read more
San Antonio, Texas--(Newsfile Corp. - May 15, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 8.0 Exahash per second (EH/s) of global Bitcoin mining hashrate, marking another key milestone in the Company's strategic expansion toward its 25 EH/s target for in... Read more
Strategic Partnership: Valour appoints GulfCap Investment Bank as Transaction Advisor for the cross-listing of its digital asset ETPs on the NSE, expanding its footprint into African capital markets. Market Expansion: The cross-listing will provide Kenyan investors with regulated, local currency access to Valour's suite of over 65 digital asset ETPs already trading on leading European exchanges. Regulatory... Read more
SINGAPORE, May 15, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today released its unaudited financial results for the first quarter ended March 31, 2025. Q1 2025 Financial HighlightsAll amounts compared to Q1 2024 unless otherwise noted Total revenue was US$70.1 million vs. US$119.5 million. Cost of... Read more
MIAMI, May 15, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a vertically integrated power infrastructure company focused on developing cutting-edge data centers for high-performance computing, is pleased to provide a summary of the Company’s unaudited financial results for the three-month period ended March 31, 2025 (all amounts in U.S. dollars, unless... Read more
Highlights Recent Board Refreshment and Appointments of Kenneth Fearn and Christopher Krug as Independent Directors Notes Recent Purchase of New Mississippi Site and Progress Toward Closing on Sale of South Carolina Property Continues to Explore Various Options to Grow Mining Operations Amid Surging Institutional and Sovereign Demand for Bitcoin PITTSFORD, N.Y. / May 15, 2025 / Business Wire / Greenidge... Read more
SHENZHEN, China, May 15, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights: Total revenues were US$88.8 million, representing an increase of 10.5%... Read more
27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded... Read more
SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the three and nine months ended March 31, 2025. All $ amounts are in United States Dollars (“USD”) unless otherwise stated. “We’re pleased to report another quarter of strong EBITDA and net profit,” said Daniel Roberts, Co-Founder and Co-CEO of... Read more
TORONTO, Ontario, May 14, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF), a global vertically integrated Bitcoin data center company, reported its financial results for the first quarter ended March 31, 2025. All financial references are in U.S. dollars. CEO Ben Gagnon stated, “During the quarter, we executed across several key areas in our strategic pivot to the U.S. and HPC. First, we... Read more
Thumzup Recently Filed a Shelf Registration Statement to Raise Up to $500 Million for Working Capital and to Accelerate its Bitcoin ("BTC") Acquisition Strategy TZUP Currently Holds 19.106 BTC with a Market Value of Approximately $2.0 Million as of May 12, 2025 The Company's Board of Directors Previously Authorized Thumzup to Hold Up to 90% of its Liquid Assets in Bitcoin Under its... Read more
Mogo is WonderFi’s largest shareholder holding ~82 million shares Mogo signs voting support agreement in favour of the transaction VANCOUVER, British Columbia / May 13, 2025 / Business Wire / Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced that its portfolio company, WonderFi Technologies Inc. (TSX:WNDR) (“WonderFi”), has entered into a... Read more
HOUSTON, May 13, 2025 /PRNewswire/ -- ENGIE North America (ENGIE) announced it has entered into a preliminary agreement with Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") to enter into a power supply agreement to power a Cipher data center in Texas. Once executed, the agreement would allow Cipher to purchase up to 300 megawatts (MW) of clean energy from one... Read more
NEW YORK, May 13, 2025 /CNW/ - Galaxy Digital Inc. (TSX: GLXY) (the "Company" or "GDI") today released financial results for the three months ended March 31, 2025, for both itself and Galaxy Digital Holdings LP (the "Partnership" or "GDH LP"). In this press release, a reference to "Galaxy", "we", "our" and similar words refer to GDH LP, its subsidiaries and affiliates including GDI, or any one of them, as the... Read more
NEW YORK, May 12, 2025 /PRNewswire/ -- Coinbase Global Inc. (NASD: COIN) will replace Discover Financial Services (NYSE: DFS) in the S&P 500 effective prior to the opening of trading on Monday, May 19. S&P 500 constituent Capital One Financial Corp. (NYSE: COF) is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the... Read more
SINGAPORE, May 09, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today announced its unaudited mining and operations updates for April 2025. Operational Update Self-mined Bitcoin: 166 Bitcoins, increase of 45.6% from March 2025 on higher average self-mining hashrate from energization of... Read more
Commenced buildout of dedicated HPC data halls and remain on track to deliver 72.5 MW of gross HPC hosting infrastructure to Core42 in 2025. Initiated process to secure additional HPC customers; targeting 200–250 MW operational by year-end 2026. Energized Miner Building 5, bringing total capacity to 245 MW and increasing hashrate to 12.2 EH/s, up 52.5% year-over-year. Self-mining capacity increased 52.5%... Read more
San Antonio, Texas--(Newsfile Corp. - May 9, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE) a global leader in sustainable digital infrastructure, is pleased to announce that following the acquisition of Bitfarms' Yguazú assets in Paraguay and the completion of the first 100 MW phase, while construction advances at HIVE's Valenzuela site, the Company is... Read more
ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8’s evolution as an integrated energy infrastructure platform Earnings Release Highlights Revenue of $21.8 million, net loss of $134.3 million, and Adjusted EBITDA of ($117.7) million. Total energy capacity under management of 1,020 megawatts (“MW”) as of... Read more
LAS VEGAS, May 8, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended March 31, 2025. "This was a quarter defined by discipline, scale, and continued strategic clarity," said Zach Bradford, CleanSpark's CEO. "As other players shift direction or decelerate growth, CleanSpark has doubled down on being the only... Read more
ALBANY, N.Y. / May 08, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its April 2025 project site-level operations, developments, and updates. The Company has provided the following Corporate and Site Updates. Key Company Metrics: The monthly metrics are now... Read more
Total Revenue of $17.3 million Wealth Revenue growth of 41% over prior year Payments Revenue growth of 34% over prior year Solid Balance Sheet with Cash1, Marketable Securities & Investments of $38.8 million VANCOUVER, British Columbia / May 08, 2025 / Business Wire / Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced its financial and... Read more
Institutional investors can now unlock the full potential of secure and efficient staking to maximize rewards and have access to liquidity NEW YORK, May 7, 2025 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) announced today that it has integrated with Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank,... Read more
Valour Launches CRV and LTC ETPs on Spotlight: Valour, a subsidiary of DeFi Technologies, has listed the Valour Curve DAO (CRV) and Valour Litecoin (LTC) SEK ETPs on Sweden’s Spotlight Stock Market, further expanding its Nordic footprint. Comprehensive Digital Asset Exposure: With over 65 ETPs live, Valour is advancing toward its 100 ETP goal with new single-asset, thematic basket, and leveraged... Read more
First Quarter 2025 Highlights On track to deliver 250MW of billable capacity to CoreWeave by the end of this year and anticipate entering 2026 with annualized colocation revenue of approximately $360 million. First tranche of 8MW of billable capacity at Denton to be delivered to CoreWeave by the end of this month and an additional approximately 40MW by the end of this quarter. Ended the quarter with a strong... Read more
Exceeds 12,100 bitcoin held in treasury Evolves capital strategy; funding monthly operating expenses through production LAS VEGAS, May 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ending April 30, 2025. "A little over... Read more
First Quarter 2025 Revenue of $49m, up 16% quarter over quarter Signed term sheet with Fortress Credit Advisors to serve as the JV financing partner at Barber Lake Nearing completion of 150 MW Phase I infrastructure at Black Pearl First Quarter 2025 GAAP Net Loss of $39m, and Non-GAAP Adjusted Earnings of $6m NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the... Read more
AUM & Continued Monthly Net Inflows: Valour reported assets under management (AUM) of C$988 million (US$715 million) as of April 30, 2025, reflecting an 11.7% increase month-over-month. Net inflows for April remained strong at C$10.8 million (US$7.8 million), bringing year-to-date inflows to C$81.1 million (US$58.7 million)—underscoring accelerating investor demand for Valour's ETPs. Strong Financial... Read more
SYDNEY, May 06, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for April 2025. April Highlights Mining capacity increased to 40 EH/s mid-month On track for 50 EH/s by June 30 Miners scheduled to ship from Southeast Asia (during 90-day pause on... Read more
VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (TSXV: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero is pleased to provide Netcoins' Canadian operations' unaudited first-quarter financial guidance for the period ended March 31, 2025. All financial... Read more
Riot Produces 463 Bitcoin in April 2025 CASTLE ROCK, Colo., May 5, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for April 2025. Bitcoin Production and Operations Updates for April... Read more
Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin ("bitcoin" or "BTC") mining, to monetize excess energy and optimize power management, today published unaudited bitcoin... Read more
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