Vancouver, British Columbia--(Newsfile Corp. - February 11, 2026) - Luxxfolio Holdings Inc. (CSE: LUXX) (OTCQB: LUXFF) (FSE: LUH0) ("Luxxfolio" or the "Company"), a leading Litecoin treasury and infrastructure company, is pleased to announce that it has commenced Litecoin mining operations, marking an important milestone in the execution of its Litecoin-focused strategy.Luxxfolio has commenced Litecoin mining operations, using the Scrypt algorithm, under a hosting agreement with DMG Blockchain Solutions In ...

Core Insights - Canaan Inc. reported total revenues of US$196.3 million for Q4 2025, marking a 121.1% increase year-over-year and exceeding previous guidance [2][8] - The company achieved a record computing power sold of 14.6 EH/s in Q4 2025, reflecting a 60.9% year-over-year growth [2][6] - Mining revenues reached US$30.4 million in Q4 2025, up 98.5% year-over-year, despite a decrease in network hashprice [3][10] Financial Performance - Total revenues for the full year 2025 were US$529.7 million, a 96.7% increase from US$269.3 million in 2024 [4][26] - Gross profit for Q4 2025 was US$14.6 million, compared to a gross loss of US$6.4 million in the same period last year [3][14] - The company reported a net loss of US$85.0 million for Q4 2025, an improvement from a net loss of US$92.9 million in Q4 2024 [22][25] Mining Operations - Canaan mined 300 bitcoins in Q4 2025, with an average revenue of US$101,304 per bitcoin [3][10] - The total computing power sold for the full year 2025 exceeded 36.5 EH/s, up 40.7% year-over-year [4][26] - Mining costs for Q4 2025 were US$37.0 million, reflecting increased operational scale [13][29] Cryptocurrency Holdings - The company's cryptocurrency treasury reached approximately 1,750 BTC and 3,951 ETH by the end of 2025, setting new historical highs [1][6] - As of December 31, 2025, Canaan held cryptocurrency assets valued at US$83.3 million and receivables of US$87.8 million [36][37] Strategic Initiatives - Canaan is focusing on integrating bitcoin mining with renewable energy sources to enhance efficiency and sustainability [6][41] - The company plans to expand its Avalon Home product line targeting households and small-to-medium-sized businesses [7][41] - A share repurchase program was initiated, allowing for the buyback of up to US$30 million of its outstanding shares [39][40] Future Outlook - For Q1 2026, Canaan expects total revenues to range between US$60 million and US$70 million, reflecting current market conditions [42] - The company aims to secure substantial power capacity in the U.S. by the end of 2026, targeting gigawatt-level capacity [7][42]

Core Viewpoint - LM Funding America, Inc. has announced a registered direct offering to raise approximately $6.5 million through the sale of common stock and pre-funded warrants, along with accompanying warrants for additional shares [1][2]. Group 1: Offering Details - The company will sell 1,822,535 shares of common stock and 7,332,395 pre-funded warrants, with a combined effective offering price of $0.71 per share or pre-funded warrant [1]. - The warrants will have an exercise price of $0.71 and will be exercisable upon stockholder approval, expiring five years from that date [1]. - The company will also reduce the exercise price of existing warrants from $2.95 to $0.87, subject to stockholder approval, and extend their term to five years [1]. Group 2: Financial Proceeds - The gross proceeds from the offering are estimated to be approximately $6.5 million before deducting fees and expenses [2]. - The offering is expected to close on or about December 22, 2025, pending customary closing conditions [2]. Group 3: Regulatory Information - The securities are being offered under a shelf registration statement on Form S-3, effective since November 21, 2024 [3]. - A prospectus supplement related to the offering will be filed with the SEC, and copies will be available through the SEC's website or from the placement agent [3]. Group 4: Company Overview - LM Funding America, Inc. operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [5]. - The company also provides funding to nonprofit community associations primarily in Florida through a technology-enabled specialty finance business [5].

Core Insights - The company, Riot Platforms, is transitioning away from Bitcoin mining to focus on becoming a data center operator, which has led to a significant drop in its stock price [1][5][6] - Despite reporting strong earnings six weeks ago, the announcement of this transition has created uncertainty among investors, contributing to selling pressure [5][7] Company Developments - Riot Platforms reported record revenue and earnings per share (EPS) of $0.26, exceeding estimates [5] - The company plans to develop two buildings at its Corsicana data center campus, which will provide 112 MW of critical IT capacity [6] - Key achievements facilitating this transition include acquiring additional land, completing campus design, finalizing the basis of design for standard builds, and building an in-house data center team [6] Market Reaction - The stock price of Riot Platforms closed down 10.4% on a recent trading day, reflecting investor concerns about the transition and broader market conditions [1][2] - The market capitalization of Riot Platforms is currently $5.7 billion, with a significant gross margin of -1168.45% [2] - Investors are cautious due to the high costs associated with building data centers and concerns about financing in the current financial environment [7]

Core Viewpoint - BGIN BLOCKCHAIN LIMITED has appointed MaloneBailey, LLP as its new independent registered public accounting firm, effective December 12, 2025, replacing ZH CPA, LLC, to enhance its auditing capabilities in the cryptocurrency sector [1][2]. Group 1: Company Overview - BGIN BLOCKCHAIN LIMITED is a digital asset technology company specializing in proprietary cryptocurrency mining technologies and manufacturing cryptocurrency mining hardware [3]. - The company aims to make crypto mining accessible to a wide range of users, from beginners to large-scale industrial miners, by developing innovative products tailored to various market needs [3]. - BGIN designs and manufactures mining machines under its ICERIVER brand, providing operational flexibility through advanced mining infrastructure and hosting services [3]. Group 2: Accounting Firm Transition - The decision to engage MaloneBailey was made after a comprehensive evaluation process and received approval from the Audit Committee and the Board of Directors [2]. - MaloneBailey is recognized for its extensive experience in auditing companies within the cryptocurrency sector, which aligns with BGIN's long-term growth objectives [2]. - The company expressed gratitude to ZH CPA, LLC for their dedicated service over the past four years [2].

Musk envisions a future where home heating devices can mine Bitcoin while keeping you warm.Elon Musk shared an innovative idea during an online seminar on July 22, 2021, hosted on the ARK Invest channel regarding Bitcoin as an economic empowerment tool. He proposed combining three functions into one device: internet connectivity, space heating, and a cryptocurrency mining node. In this model, users could mine Bitcoin or Dogecoin while heating their homes and staying connected to the network. He emphasized t ...

Summary of Argo Blockchain Town Hall Meeting (November 19, 2025) Company Overview - **Company**: Argo Blockchain (NasdaqGS: ARBK) - **Industry**: Cryptocurrency mining, specifically Bitcoin and other cryptocurrencies - **Current Situation**: Argo is undergoing a restructuring plan due to financial difficulties exacerbated by high energy costs and prolonged low cryptocurrency prices since 2021 [7][8][9] Key Points from the Meeting Restructuring Plan - **Purpose**: The restructuring plan aims to restore Argo's financial stability and allow it to continue trading [4][12] - **Court Approval**: The plan requires court approval, with meetings for plan participants scheduled for December 2, 2025, and a sanction hearing on December 8, 2025 [5][6] - **Participants**: Shareholders, note holders, and secured lender Growler are involved in the restructuring process [5][11] Financial Challenges - **Energy Costs**: Energy costs account for approximately 50% of Argo's total costs, significantly impacting profitability [9] - **Debt Burden**: Argo has been reliant on third-party funding since December 2022, with a total debt of $40 million due in November 2026 [8][11][33] - **Mining Margin Decline**: The mining margin fell from $11.5 million (39% margin) in 2024 to $1.2 million in 2025 due to rising costs and reduced Bitcoin rewards following the April 2024 halving [10] Proposed Changes - **Equity Distribution**: Under the restructuring plan, Growler will own 87.5% of the enlarged share capital, note holders will hold 10%, and existing shareholders will retain 2.5% [13][18] - **ADS Ratio Change**: To maintain NASDAQ listing, the ratio of American Depositary Shares (ADS) will change from 1:10 to 1:1,260 [14][16] - **Delisting from LSE**: Argo intends to delist from the London Stock Exchange, establishing a matched bargain facility for shareholders to trade shares post-delisting [17] Financial Support - **Funding from Growler**: Growler will inject $3.5 million into Argo as part of the restructuring plan, which is critical for meeting obligations to unsecured creditors [12][34] - **Equitization of Debt**: Senior unsecured notes will be converted into equity, allowing note holders to receive shares in the restructured company [18][19] Market Conditions - **Crypto Market Volatility**: The company has faced a "crypto winter" since 2021, leading to significant declines in cryptocurrency prices and market sentiment [9] - **Future Profitability**: While no profit forecasts were provided, the board believes that with reduced debt and new funding, there is potential for recovery [49] Additional Considerations - **Management Structure**: Argo's management will continue to run the business, with a potential non-executive representative from Growler on the board [38] - **Tax Obligations**: Ongoing tax disputes in Canada are still unresolved, with no firm timeline for resolution [38] - **CapEx Plans**: Expected capital expenditures of $25 million in 2026 and 2027 were mentioned, but details on financing were not provided [52] Conclusion - The restructuring plan is seen as a necessary step for Argo to avoid insolvency and provide a pathway for potential recovery, albeit with significant dilution for existing shareholders and note holders [51][52]

Core Viewpoint - LM Funding America, Inc. has announced a share repurchase program to buy up to $1.5 million of its outstanding common stock, representing approximately 15% of its currently outstanding shares, following a recent private repurchase [1][2]. Group 1: Share Repurchase Program - The Board of Directors has authorized a share repurchase program for up to $1.5 million [1]. - This program aims to reduce dilution and increase asset value per share over time, reflecting confidence in the long-term value of the company's equity [2]. - The company has approximately 11,833,973 shares outstanding as of October 31, 2025, after the recent private repurchase [1][3]. Group 2: Bitcoin Holdings and Valuation - As of September 30, 2025, the company holds 304.5 BTC, which is valued at approximately $2.83 per share based on a Bitcoin price of $110,000 as of November 1, 2025 [3]. - The company's share price closed at $1.07 on October 31, 2025, indicating a significant difference between the market price and the estimated value derived from Bitcoin holdings [3]. Group 3: Company Overview - LM Funding America operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [4]. - The company also engages in a technology-enabled specialty finance business that provides funding to nonprofit community associations primarily in Florida [4].

Core Insights - Canaan Inc. has raised approximately US$7.8 million through its at-the-market (ATM) equity offering program, selling around 4.84 million American depositary shares (ADSs) at an average price of approximately US$1.61 per ADS [1][3] - The company has decided to pause further ATM sales through the end of 2025, with future sales contingent on cash requirements and market conditions [4] Financial Update - The new ATM equity offering program was established on October 24, 2025, to enhance financial flexibility and broaden banking relationships [2] - As of September 30, 2025, Canaan holds a cryptocurrency treasury consisting of 1,582 bitcoins and 2,830 ETH, indicating a solid cash position [5] Product Development - On October 28, 2025, Canaan launched its latest generation bitcoin mining machine, the Avalon A16 series, which boasts industry-leading power efficiency and manufacturing quality [5]

Group 1 - The U.S. government has been in a shutdown since October 1, marking the first shutdown since 2019, primarily due to political gridlock over funding issues [1] - Frank Holmes is a notable figure in the investment community, serving as CEO and chief investment officer of U.S. Global Investors, which manages over $4 billion in assets [1] - Holmes is recognized for his expertise in gold and precious metals, as well as for launching innovative investment products [1] Group 2 - Holmes also holds the position of executive chairman at HIVE Blockchain Technologies, the first publicly traded cryptocurrency mining company [1]