Core Viewpoint - Intchains Group Limited has successfully closed a US$1.0 million registered direct offering to enhance its operations in the altcoin mining sector and support its long-term strategic goals [1][3]. Group 1: Offering Details - The offering involved the sale of 361,011 American Depositary Shares (ADSs) at a price of US$2.77 per ADS, along with warrants to purchase an equal number of ADSs at the same price [2][3]. - Gross proceeds from the offering amounted to US$1.0 million, which will primarily be used for upgrading altcoin mining machines, with remaining funds allocated to working capital and general corporate purposes [3]. Group 2: Institutional Investor Agreement - An Institutional Investor has the option to purchase an additional US$1.0 million of ADSs under a Purchase Agreement, exercisable within 60 days from March 27, 2025 [4]. - This option can be exercised in whole or in part, reflecting the investor's confidence in the company's long-term value [4][5]. Group 3: Company Outlook - The CEO of Intchains Group Limited expressed gratitude towards the Institutional Investor, highlighting the company's positive operational results in 2024 and the anticipated strong performance in the first half of 2025 due to the launch of the AE BOX series mining machines [5]. - The company aims to deliver long-term returns to shareholders and enhance its recognition in the market [5]. Group 4: Regulatory Information - The ADSs and Warrants were offered under a registration statement filed with the U.S. Securities and Exchange Commission, which was declared effective on August 5, 2024 [6]. - A prospectus supplement related to this offering was filed on March 26, 2025 [6]. Group 5: Company Overview - Intchains Group Limited specializes in altcoin mining products, strategic acquisition of Ethereum-based cryptocurrencies, and development of innovative Web3 applications [9].

Core Insights - Intchains Group Limited (ICG) has launched the Goldshell Byte, an innovative home miner designed for efficient altcoin mining, on March 27, 2025 [1][2]. Product Features - Goldshell Byte features a dual-slot mining base with hot-swappable mining hash boards, allowing miners to use two different algorithms simultaneously and switch mining cards based on market conditions [2][3]. - The AE Card has a default hash rate of 4.5 MH/s ±5%, while the DG Card operates at 65 MH/s ±5% [2]. Strategic Advantages - The Goldshell Byte allows for quick switching of mining algorithms without the need to replace the entire rig, reducing miners' exposure to market volatility and enabling them to seize early-market opportunities [3]. - The product enhances the standardization of ICG's offerings in the home mining sector and supports the company's market position [3]. Availability - The Goldshell Byte is available for purchase starting March 27, 2025, on Goldshell's official website [5]. Company Overview - Intchains Group Limited specializes in providing altcoin mining products, acquiring Ethereum-based cryptocurrencies, and developing innovative Web3 applications [6]. Additional Features - The Goldshell Byte supports dual mining capability, allowing simultaneous mining of two cryptocurrencies [7]. - It is designed for home use with noise-free operation and simple setup, making it suitable for household environments [7]. - The device can be monitored and controlled via WiFi using the Goldshell Hub App [7].

Core Insights - Intchains Group Limited (ICG) has launched the Goldshell Byte, an innovative home miner designed for efficient altcoin mining, on March 27, 2025 [1][2]. Product Features - The Goldshell Byte features a dual-slot mining base and hot-swappable mining hash boards, allowing miners to use two different algorithms simultaneously and switch mining cards based on market conditions [2][3]. - The AE Card has a default hash rate of 4.5 MH/s ±5%, while the DG Card operates at 65 MH/s ±5% [2]. Strategic Advantages - The Goldshell Byte allows for quick switching of mining algorithms without the need to replace the entire rig, reducing miners' exposure to market volatility and enabling them to seize early-market opportunities [3]. - The product enhances the standardization of ICG's offerings in the home mining sector and supports the company's market position [3]. Availability - The Goldshell Byte is available for purchase on Goldshell's official website starting from March 27, 2025 [5]. Company Overview - Intchains Group Limited specializes in providing altcoin mining products, acquiring Ethereum-based cryptocurrencies, and developing innovative Web3 applications [6]. Additional Features - The Goldshell Byte supports dual mining capability, allowing simultaneous mining of two cryptocurrencies [7]. - It is designed for home use with noise-free operation and simple setup, making it suitable for household environments [7]. - The device can be monitored and controlled via WiFi using the Goldshell Hub App [7].

SINGAPORE, March 26, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (NASDAQ:ICG) ("we," "us" or the "Company"), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced it has entered into a securities purchase agreement (the "Purchase Agreement") with an institutional investor (the "Institutional Investor") for a registered direct offering of 361 ...

Intermediate Capital Group plc 24 March 2025 Notification of Major Holdings (Correction) On 20 March 2025, it was announced that JPMorgan Chase & Co. had notified Intermediate Capital Group plc (the "Company") that its holding had increased above the minimum threshold for notification. JPMorgan Chase & Co. subsequently notified the Company on 21 March 2025 that the last notification it provided to the Company had been retracted. Accordingly, the TR1 notification published on 20 March 2025 should be disregar ...

Intermediate Capital Group PLC (the “Company”) 6 March 2025 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them The Company received notification that on 5 March 2025, Benoît Durteste, Chief Executive Officer and Chief Investment Officer, transferred 85,000 ordinary shares in the Company to a charitable trust, for nil consideration. In addition, on the same day the Company received notification that Benoît Durteste tr ...

NEW YORK , Feb. 28, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG), a leading innovator in integrated solutions consisting of efficient mining products for altcoins, is proud to announce its launch of the GS Wallet under its Goldshell brand on 28 February 2025. The GS Wallet is ICG’s first crypto wallet, featuring a 3.5-inch true-color touchscreen, a fully air-gapped design, and the ability to complete transactions in just 30 seconds. It includes data self-destruct mechanisms for enhanced se ...

Core Insights - Intchains Group Limited (ICG) has launched its first crypto wallet, the GS Wallet, under the Goldshell brand on February 28, 2025, marking a significant step in its Web3 application development efforts [1][2]. Product Features and Innovations - The GS Wallet features a 3.5-inch true-color touchscreen, a fully air-gapped design, and can complete transactions in just 30 seconds [2]. - It includes advanced security measures such as data self-destruct mechanisms, a battery life of up to 9 hours, and supports over 1,000 crypto assets [2][3]. - The wallet employs a three-chip security system for storing user data, with two chips for independent mnemonic phrases and one for fingerprint information [7]. - It has a quick fingerprint unlock speed of 0.5 seconds and is designed with a robust zinc alloy body to withstand drops from up to 1 meter [7]. Availability and Market Position - The GS Wallet is available for purchase starting February 26, 2025, on Goldshell's official website [3]. - The launch of the GS Wallet is positioned as a foundational tool for users to safely store their cryptocurrencies and enhance their confidence in crypto transactions [2]. Company Background - Intchains Group Limited focuses on integrated solutions for altcoins, including mining products and holding ETH-based cryptocurrencies as long-term assets to support its Web3 initiatives [5].

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Operating and Financial Highlights Sales Volume of Altcoin Mining Produc ...

Core Insights - Intchains Group Limited (ICG) is positioning itself as a leader in altcoin mining solutions, particularly through its subsidiary Goldshell, which has launched the AE BOX Series specifically for Aleo mining [1][2] - The upcoming ARC-0043 upgrade for Aleo aims to enhance mining security and efficiency, introducing a new puzzle algorithm that will improve ZK-SNARK verification speed and reduce block verification time [3][4] Group 1: Product Innovations - Goldshell launched the AE BOX and AE BOX PRO on February 7, 2025, as the first ASIC miners designed for Aleo, marking a significant advancement in privacy-focused mining hardware [2] - The AE BOX PRO is noted for its fast setup and high proof security capabilities, utilizing Aleo-optimised chips for superior efficiency compared to traditional GPUs [2] Group 2: Technological Advancements - The ARC-0043 proposal will implement a new puzzle algorithm that increases computational complexity, thereby enhancing the overall efficiency of Aleo's mining operations [3] - The implementation timeline for ARC-0043 is estimated at six months, with testing planned for both testnet and mainnet environments [4] Group 3: Market Dynamics - The shift towards specialized mining products for Aleo is expected to improve profitability and efficiency, as older GPU models face challenges in profitability [5] - As Aleo's ecosystem expands, community contributions and partnerships are becoming increasingly important, with an emphasis on developer participation in upcoming initiatives [6]