Core Viewpoint - Hyperscale Data, Inc. is launching an enterprise-focused XRP lending platform through its subsidiary Ault Capital Group, Inc. in Q3 2025, marking its entry into decentralized finance (DeFi) [1][4] Group 1: Platform Details - The lending platform will be available exclusively to public companies listed on NYSE, NYSE American, and NASDAQ, allowing them to borrow fixed amounts of XRP under negotiated terms [2] - Loans will be secured by the applicant's assets and may be convertible into registered shares of common stock [2] - ACG plans to hedge market exposure by utilizing XRP futures contracts on the Chicago Mercantile Exchange, enhancing risk management in cryptocurrency lending [3] Group 2: Strategic Initiatives - The platform aims to provide a secure, compliant, and institutional-grade solution for blockchain-based lending, part of ACG's broader initiative to tokenize real-world assets and offer alternative financing solutions [4] - Additional crypto-financial instruments are expected to be announced in the coming months, indicating ongoing innovation in the sector [4] Group 3: Company Background - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on mining digital assets and supporting AI ecosystems [7] - The company plans to divest ACG by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [8]

BOCA RATON, FL, May 28, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) today announced that it will host a live X Spaces conversation on Friday, May 30, 2025, at 1:00 p.m. Eastern Time, titled “Validators 101: Powering Solana’s Future.” The live conversation will feature leaders from Sanctum, the protocol behind Solana’s leading Liquid Staking Token infrastructure, and BONK, the meme-powered community fueling Solana adoption and validator expansion. The conversation will expl ...

Core Viewpoint - DeFi Development Corp. has adopted liquid staking token technology to enhance its treasury strategy focused on accumulating and compounding Solana (SOL) [1][2][3] Group 1: Adoption of Liquid Staking Token Technology - The company will invest part of its SOL treasury in dfdvSOL, a liquid staking token representing stake delegated to its validators [1][2] - Liquid staking tokens allow users to stake SOL tokens while maintaining liquidity, thus unlocking staking rewards [2][4] - The adoption of this technology is expected to improve the company's validator operations and treasury management, aligning with its goal to maximize SOL Per Share (SPS) growth [2][3] Group 2: Strategic Positioning and Growth - DeFi Development Corp. aims to expand its presence within the Solana ecosystem and explore additional growth avenues through the adoption of Sanctum technology [3][4] - This initiative positions the company as the first publicly traded entity to own liquid staking tokens on Solana, reinforcing its status as a leading crypto-native treasury model [3][4] - The company intends to provide further details on the rollout and integration of dfdvSOL and other liquid staking tokens in the near future [4] Group 3: Operational Insights - DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while also engaging in decentralized finance opportunities [6] - Users can stake SOL tokens to validators operated by the company and receive dfdvSOL tokens, which represent the underlying staked SOL plus accumulated rewards [8] - dfdvSOL tokens can be utilized across various decentralized and centralized finance applications or redeemed for the underlying staked SOL via the Sanctum protocol [8]

SYDNEY, May 23, 2025 (GLOBE NEWSWIRE) -- As global crypto momentum surges around XRP, the launch of CME Group’s XRP Futures has sent bullish waves through the market. At the heart of this renewed interest lies XenDex, the first all-in-one decentralized exchange (DEX) on the XRP Ledger and its $XDX presale ends in just 5 days. Early investors are rushing in to lock down $XDX at pre-launch pricing before listings go live on Binance, Gate.io, MEXC, BitMart, MagneticX, and FirstLedger. With the presale soft ca ...

Core Viewpoint - Hyper Bit Technologies Ltd. has entered into a non-binding letter of intent to acquire Dogecoin Mining Technologies Corp., a company focused on Dogecoin and Litecoin mining operations, which positions Hyper Bit to enhance its market presence in the cryptocurrency mining sector [1][6]. Company Overview - Hyper Bit Technologies Ltd. is a diversified technology company specializing in crypto mining operations and blockchain innovations, aiming to unlock value in the digital asset ecosystem [14]. - Dogecoin Mining Technologies Corp. is a development-stage company focused on building scalable, high-performance mining operations for Dogecoin and Litecoin, with a strong emphasis on renewable energy [16][17]. Proposed Transaction Details - The proposed acquisition involves Hyper Bit issuing 15,000,000 common shares to Dogecoin Mining Technologies' shareholders at a deemed price of $0.30 per share, totaling a value of $4,500,000 [10]. - The share issuance will be subject to a tranche structure based on operational milestones, ensuring alignment with long-term growth objectives [12][13]. Infrastructure and Operations - Dogecoin Mining Technologies has secured a hardware supply agreement for up to 2,660 Elphapex ASIC rigs and a colocation agreement for a data center with access to 11 megawatts of renewable energy at a competitive rate below $0.07 per kilowatt-hour [2][4][16]. - The company is positioned to rapidly scale its mining operations upon securing the necessary capital resources, leveraging its infrastructure and operational expertise [17]. Strategic Importance - The acquisition is seen as a pivotal milestone for Hyper Bit, enhancing its strategic growth in the cryptocurrency mining sector and aiming for long-term value creation and profitability [6][9]. - Both companies express optimism about the potential of Dogecoin and Litecoin, citing their strong correlation with Bitcoin price trends and robust mining economics [9].

BOCA RATON, FL, May 16, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a strategic partnership with BONK, the premier community memecoin of the Solana ecosystem with a market capitalization exceeding $1.8 billion and more than 920,000 token holders. As part of the partnership, DeFi Dev Corp. will operate and manage a jointly backed validator node. Both DeFi Dev C ...

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were $900,000, an increase from $800,000 in Q1 2024, primarily driven by increased charger hardware sales [11] - Margins on products, services, and grant revenues improved to 39.9% from 34.7% year-over-year, with product and service revenue margins rising to 32.6% from 26.8% [11][12] - Operating costs, excluding cost of sales, were $6,000,000 in February 2025, down from $7,500,000 in February 2024, indicating improved operational efficiency [13] - Net loss attributable to common stockholders decreased to $6,900,000 from $7,000,000 year-over-year, reflecting lower operating expenses [14] - Cash position improved to approximately $1,200,000 as of March 31, 2025, an increase of $800,000 from December 2024 [15] Business Line Data and Key Metrics Changes - The company received 28 orders for new charging stations in Q1 2025, compared to only one order in Q1 2024, indicating significant growth in demand [3] - The hardware and service backlog increased to $19,700,000 from $18,300,000 at the end of 2024, suggesting a positive outlook for future sales [18] Market Data and Key Metrics Changes - Megawatts under management increased by 3.6% from Q4 2024 to 31.8 megawatts, and by 19.5% compared to Q1 2024, with 7.1 megawatts from stationary batteries and 24.7 megawatts from EV chargers [17] Company Strategy and Development Direction - The company is focusing on reducing cash burn and enhancing profitability while executing on its M&A strategy, including the acquisition of Fermata Energy [10][20] - A new subsidiary, NuVi Japan, has been established to drive energy storage business in Japan, indicating a strategic expansion into international markets [6][7] - The company is also opening capital in New Mexico to local investors to align interests and support infrastructure projects [5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the transition to a drop ship model and the potential of the New Mexico contract, which could represent over $400 million in capital deployment [4][5] - The management is confident in the timing of their entry into the Japanese market and the establishment of NuVi Japan [7] - Future growth is anticipated in megawatts under management as the company continues to commission its backlog of customer orders [17] Other Important Information - The company announced the acquisition of Fermata Energy assets, which is expected to enhance its software development capabilities and expand long-term opportunities [9] - A new Digital Asset Management Committee has been formed to oversee a diversified portfolio of cryptocurrency investments [10] Q&A Session Summary Question: What are the expectations for the transformation and opportunities ahead? - Management emphasized the ongoing transformation and the opportunities being pursued, looking forward to sharing more updates in the coming months [23]

BOCA RATON, FL, May 15, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company") announced today the purchase of 16,447 Solana ("SOL") at an average price of $139.66 representing a total cost of approximately $2.3 million. At current market prices, the value of the purchased SOL is approximately $2.9 million. This marks the Company's 11th SOL purchase under its crypto treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 609,190 SOL, valued at appro ...

BOCA RATON, Fla., May 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DeFi Dev Corp” or the “Company”), a public-market vehicle focused on long-term Solana (“SOL”) accumulation, today announced financial results for the first quarter ended March 31, 2025, and provided a strategic update on recent treasury activity. Q1 2025 Financial Highlights: 379% year-over-year improvement in annual recurring revenue related to SaaS businessSaaS revenue of approximately $191,000, up 163% year-over-ye ...

Group 1 - GD Culture Group Limited ("GDC") has entered into a Common Stock Purchase Agreement to sell up to $300 million of its common stock [1] - Proceeds from the stock sale will support the Company's crypto asset treasury strategy, including the purchase of Bitcoin and OFFICIAL TRUMP [2] - GDC aims to enhance its balance sheet with high-performance digital assets and align with the decentralized finance (DeFi) ecosystem [3] Group 2 - The adoption of crypto assets as treasury reserve holdings is a strategic move reflecting industry trends and GDC's strengths in digital technologies and livestreaming e-commerce [4] - GDC's partnership with the Investor is expected to provide strong momentum for its initiatives and reinforce its leadership in blockchain-driven industrial transformation [4] - The Company plans to enter the livestreaming market with a focus on e-commerce through its subsidiary, AI Catalysis [5]