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CleanSpark Releases May 2025 Bitcoin Mining Update
Prnewswire· 2025-06-03 13:00
Approaches 50 EH/s milestone with fully self-operated infrastructureDoubles BTC treasury year-over-year to 12,502 and expands contracted power capacity to 987 MWLAS VEGAS, June 3, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended May 31, 2025. "May was a strong execution month for CleanSpark as we continued to advance toward key growth targets," said Zach Bradford, CEO and Pres ...
Cango Inc. Announces May 2025 Production Update for Crypto Mining Business
Prnewswire· 2025-06-03 10:00
HONG KONG, June 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in May 2025.Bitcoin Mining Update for May 2025 Metrics May 2025 1 Apr 2025 1 Number of Bitcoins produced 484.5 470.0 Average number of Bitcoins produced per day 15.63 15.67 Total number of Bitcoins held 2 3,429.3 2,944.8 Total number of Bitcoins sold 2 - - Deployed hashrate 2 32 EH/s 32 EH/s Average operating hashrate 3 2 ...
Robinhood's $200 million Bitstamp deal takes it beyond retail trading
CNBC· 2025-06-02 20:10
Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world's longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions.The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto licenses across Europe, the UK, and Asia — as well as an established institutional client base, something the retail trading app ...
BTCS Inc. Utilizes Crypto.com and Acquires 1,000 ETH, Expanding Ethereum Holdings to 13,500 ETH
Newsfile· 2025-06-02 12:30
BTCS Inc. Utilizes Crypto.com and Acquires 1,000 ETH, Expanding Ethereum Holdings to 13,500 ETHJune 02, 2025 8:30 AM EDT | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - June 2, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced the acquisition of 1,000 Ether (ETH) for approximately $2.63 million. This acquisition was primarily acquired from Crypto.com Exchange, Crypto.com's institutional-grade offering. As of June ...
Webus Signs up to $300 Million XRP Treasury Management Agreement with Top-Tier Manager Samara Alpha, Making a Major Step in Its XRP Treasury Strategy
Globenewswire· 2025-06-02 12:00
Hangzhou, CHINA, June 02, 2025 (GLOBE NEWSWIRE) -- Webus International Limited (“Webus” or the “Company”) (NASDAQ: WETO), a leading provider of AI-driven mobility solutions specializing in premium, customizable chauffeur services worldwide, today announced the signing of a Delegated Digital-Asset Management Agreement (the “Agreement”) with Samara Alpha Management LLC ("Samara Alpha"), a top-tier SEC-registered investment adviser, establishing a strategic framework for potential future digital asset treasury ...
Cango Inc. Announces Definitive Agreement with Founders and EWCL
Prnewswire· 2025-06-02 10:04
HONG KONG, June 2, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that the Company's co-founders, Mr. Xiaojun Zhang and Mr. Jiayuan Lin (collectively, the "Founders") and their holding companies (the "Sellers") have entered into a securities purchase agreement (the "Agreement") with Enduring Wealth Capital Limited, a company established in the British Virgin Islands ("EWCL"), pursuant to which the Sellers will sell an aggregate of 10,000,000 Class B ordinary shares o ...
Spirit Blockchain Capital Reports Q1 2025 Operational and Financial Highlights
GlobeNewswire News Room· 2025-05-29 22:00
Core Insights - Spirit Blockchain Capital Inc. reported key milestones and unaudited financial results for Q1 2025, highlighting progress in financing, product launches, and operational capabilities [1][3] Financial Performance - The company completed a CAD $2.11 million Listed Issuer Financing Exemption Offering in February 2025 to strengthen its balance sheet [6] - Cash and cash equivalents at the end of the quarter were CAD $1,118,585, an increase from CAD $929,194 at year-end 2024, with a working capital surplus of CAD $729,781 [6] - The entire EOS-tranche of convertible debentures amounting to CAD $1,105,024 was converted into equity, eliminating related interest and derivative liabilities [6] Product Development - On March 27, 2025, Spirit Digital AG launched the Spirit Ethereum Yield+ ETP and Spirit Solana Yield+ ETP on SIX Swiss Exchange and Deutsche Börse, providing regulated, exchange-listed vehicles for ETH and SOL staking strategies [6] Market Positioning - The company upgraded to the OTCQB® Venture Market under the ticker "SBLCF" on April 22, 2025, enhancing access for U.S. investors [6] - Inder Saini was appointed as CFO to strengthen financial controls, and a strategic partnership was formed with Astralane to develop a Staked SOL Index [6] Company Overview - Spirit Blockchain Capital Inc. focuses on blockchain infrastructure and digital asset yield opportunities through three verticals: infrastructure yield, blockchain investments, and regulated exchange-listed products [3]
ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025
Globenewswire· 2025-05-29 20:54
TORONTO, May 29, 2025 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2025. As at March 31, 2025, the Company had cash, investments and digital assets of $37.4 million. As at March 31, 2025, net asset value per share w ...
CME Group and CF Benchmarks to Launch Four New Cryptocurrency Reference Rates and Real-Time Indices on June 2
Prnewswire· 2025-05-29 15:00
CHICAGO and LONDON, May 29, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR and Sui.These reference rates and indices are not tradable futures products."Our new benchmarks are designed to provide clear and transparent pricing data to a broad range of market participants, allowing them t ...
Cango Inc. Completes PRC Business Sale, Strengthens Board to Drive Global Bitcoin Focus
Prnewswire· 2025-05-29 10:00
SHANGHAI, May 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, has finalized the divestment of all its business in the PRC (the "PRC Business"), a strategic transaction valued at approximately US$351.94 million in cash with Ursalpha Digital Limited. The sale, which closed on May 27, 2025, decisively repositions Cango to concentrate its full financial and operational capabilities on accelerating its leadership in the global Bitcoin min ...