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IREN May 2025 Monthly Update
Globenewswire· 2025-06-05 12:04
Core Insights - IREN Limited reported record monthly revenue and hardware profit for May 2025, driven by increased Bitcoin prices and a rise in average operating hashrate [5][6][11] - The company is on track to achieve a hashrate of 50 EH/s by June 30, 2025, with ongoing customer engagement and financing workstreams [5][11] - AI Cloud Services revenue is continuing to scale, with the Horizon 1 AI Data Center project on schedule for delivery in Q4 2025 [5][7] Bitcoin Mining Performance - Average operating hashrate increased to 38.4 EH/s in May from 36.6 EH/s in April and 30.3 EH/s in March [4] - Bitcoin mined reached 627 BTC in May, up from 579 BTC in April and 533 BTC in March [4] - Revenue per Bitcoin increased to $103,345 in May from $86,522 in April [4] - Total revenue from Bitcoin mining was $64.7 million in May, compared to $50.1 million in April [4] - Electricity costs per Bitcoin rose to $27,033 in May from $24,381 in April [4] - Hardware profit for Bitcoin mining was $47.8 million in May, with a profit margin of 74% [4][11] AI Cloud Services - Revenue from AI Cloud Services was $2.2 million in May, up from $2.0 million in April [4] - Hardware profit margin for AI Cloud Services remained high at 98% in May [4] - The GPU fleet is nearing full utilization, supporting training and inference workloads, generating an annualized run-rate revenue of $28 million [11] Project Updates - The Childress project is progressing, with Phase 5 (150MW) energization expected in the coming weeks [10][14] - The Horizon 1 AI Data Center is on track for Q4 2025 delivery, with equipment arriving as planned [7][14] - The company is transitioning to US domestic issuer status starting July 1, 2025 [5]
Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV
GlobeNewswire News Room· 2025-06-05 12:00
"The integration of ContextIQ within SpringServe allows the industry to reimagine the ad break by opening up a complete picture of scene level analysis across CTV. We partnered with Magnite for their deep leadership in CTV and shared commitment to innovation," said Abbey Thomas, Chief Commercial Officer at Anoki. "ContextIQ leverages multimodal AI to capture the full emotional, visual, and auditory context of every scene. That allows publishers and advertisers to unlock more precision, brand safety, and emo ...
DeFi Development Corp. and Amber International Announce Strategic Partnership to Expand Solana Market Access and Treasury Solutions
Globenewswire· 2025-06-05 12:00
"This partnership aligns with our broader goal of unlocking innovative onchain strategies for public market investors," said Parker White, COO & CIO of DFDV. "Amber Premium's institutional reach and market infrastructure complement our focus on compounding SOL per share through high-quality partners and differentiated deal flow." "We're excited to work with DFDV to build new pathways into the Solana economy for our clients," said Steve Zhang, Head of Capital Markets at Amber Premium. "This partnership bring ...
AgEagle Aerial Systems Provides Technology to Enhance European Security
Globenewswire· 2025-06-05 12:00
"Delivering our eBee TAC Public Safety solutions to global customers, with Brigantes' support, is a strategically vital sale that expands AgEagle's Nordic defense market presence," said Bill Irby, CEO of AgEagle. "This drone's rapid deployment, precise mapping, and cyber-secure operations empower Sweden to counter regional threats, strengthen NATO deterrence, and enhance public safety across diverse terrains." Brigantes is a trusted regional distributor specializing in defense and security solutions and has ...
NANO Nuclear Energy Adds Intel Technologist and Former Department of Energy Deputy Chief Data Officer Seth Berl, Ph.D. to its Board of Directors
Globenewswire· 2025-06-05 12:00
Core Viewpoint - NANO Nuclear Energy Inc. has appointed Dr. Seth Berl as an independent director, enhancing its leadership with nearly two decades of experience in technology and government, which is expected to drive the company's growth in advanced nuclear technology [1][6][10]. Company Overview - NANO Nuclear Energy Inc. is focused on developing clean energy solutions through advanced nuclear technology, aiming to become a diversified and vertically integrated company across five business lines: portable microreactor technologies, nuclear fuel fabrication, nuclear fuel transportation, nuclear applications for space, and nuclear industry consulting services [7][11]. Leadership Appointment - Dr. Seth Berl brings extensive experience from his roles at Intel Corporation and the U.S. Department of Energy, where he led data technology strategies and contributed to various government projects [2][4][5]. - His appointment is seen as a significant milestone for NANO Nuclear, expected to enhance the company's technical and business capabilities, particularly in navigating government processes and expanding market presence [6][8]. Technological Focus - NANO Nuclear is developing several advanced reactor products, including the KRONOS MMR Energy System, ZEUS solid core battery reactor, ODIN low-pressure coolant reactor, and the portable LOKI MMR, all aimed at providing innovative clean energy solutions [8][12]. - The company is also working on a subsidiary, Advanced Fuel Transportation Inc. (AFT), which aims to build a North American transportation network for HALEU fuel, essential for small modular reactors and microreactor companies [9][11]. Future Prospects - NANO Nuclear's subsidiaries, including HALEU Energy Fuel Inc. and NANO Nuclear Space Inc., are focused on developing domestic HALEU fuel sources and exploring commercial applications of micronuclear reactor technology in space, respectively [11][12].
DiagnaMed Expands Clean Hydrogen Energy Extraction Capabilities to Demonstrate Proof of Concept of Proprietary Technology
Globenewswire· 2025-06-05 12:00
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- DiagnaMed Holdings Corp. ("DiagnaMed" or the "Company") (CSE: DMED) (OTCQB: DGNMF), a Canadian technology innovator specializing in advanced hydrogen extraction technologies, is pleased to announce its recent strategic acquisition in Ontario, serving as a critical proof of concept for the Company's proprietary hydrogen extraction technology, directly aligning with its commitment to clean hydrogen energy solutions. Neither the Canadian Securities Exchange nor its Re ...
Core Molding Technologies to Present and Host 1x1 Meetings at the 15th Annual East Coast IDEAS Investor Conference on June 11, 2025
Globenewswire· 2025-06-05 12:00
COLUMBUS, Ohio, June 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that management will participate in the 15 Annual East Coast IDEAS Investor Conference at The Westin Time Sq ...
Correction: Verkkokauppa.com Oyj - Managers' Transactions – Samuli Seppälä
Globenewswire· 2025-06-05 12:00
Company Overview - Verkkokauppa.com is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach [5] - The company was founded in 1992 and has been operating online since its inception [6] - In 2024, Verkkokauppa.com reported a revenue of EUR 468 million and employs approximately 600 people [6] Recent Transactions - Samuli Seppälä, a member of the Board of Verkkokauppa.com, reported a transaction involving the company's shares under the EU Market Abuse Regulation [2][3] - The transaction took place on June 2, 2025, with a total volume of 111,809 shares sold at a volume weighted average price of EUR 2.72238 [4] - The transaction details were amended due to previous inaccuracies in the reported aggregated transaction information and price rounding [3][4]
CG Oncology to Participate in the Goldman Sachs 46th Annual Global Healthcare Conference
Globenewswire· 2025-06-05 12:00
Contacts: About CG Oncology CG Oncology is a late-stage clinical biopharmaceutical company focused on developing and commercializing a potential backbone bladder-sparing therapeutic for patients afflicted with bladder cancer. CG Oncology sees a world where urologic cancer patients may benefit from our innovative immunotherapies to live with dignity and have an enhanced quality of life. To learn more, please visit: www.cgoncology.com. IRVINE, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- CG Oncology, Inc. (NASDA ...
Maxus Mining Announces Acquisition of a Portfolio of High-Grade Antimony & Tungsten Projects
Globenewswire· 2025-06-05 12:00
Highlights: VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Maxus Mining Inc. ("Maxus" or the "Company") (CSE: MAXM | FRA: R7V), is pleased to announce it has entered into a Property Option Agreement (the "Agreement") with two (2) optionors (the "Optionors") to acquire a 100% interest in one tungsten & three antimony exploration properties, located in British Columbia which cover 4,122 hectares in total (the "Project" or the "Properties"). The antimony projects, Quarry, Hurley & Altura cover ...