“Tether is on track to become the biggest Bitcoin miner in the world” - @paoloardoino of @Tether_to.He explains why mining is a strategic move to protect their treasury and strengthen the Bitcoin network. https://t.co/bLVURQorDg ...

Joining me right now is the CEO of Bit Farms, Ben Gon. Thank you very much for joining us here at Bitcoin 2025. Thank you for having me.It's great to be here. A lot of excitement in the air. Bitcoin hit a new record last week, just under $112,000.Record attendance here. 35,000 people. That's a bump from 25,000 people last year when the conference was in Nashville.So, I see that Vidit Farms is actually a sponsor of the event, and I'm wondering what prompted you to be a key participant of Bitcoin 2025 here in ...

Core Viewpoint - Hyperscale Data, Inc. has launched an advanced AI Agent through its subsidiary askROI, aimed at transforming customer service operations across various industries [1][2]. Group 1: AI Agent Features and Benefits - The AI Agent utilizes advanced natural language processing and machine learning to provide real-time, context-aware customer support 24/7 [2]. - Key benefits include improved response times, enhanced customer satisfaction, and significant reductions in support costs [2]. - The AI Agent has already been implemented within askROI's customer service system and is being rolled out to other companies within the Hyperscale Data family [2]. Group 2: Company Overview and Future Plans - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on digital asset mining and colocation services for AI ecosystems [5]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [6]. - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI software platforms and private credit services [6].

Core Viewpoint - BitFuFu Inc. reported a challenging first quarter of 2025, with significant declines in revenue and production due to the Bitcoin halving event and increased network difficulty, but anticipates a rebound supported by a record-breaking hashrate in May 2025 [3][7]. Financial Highlights - Total revenue for Q1 2025 was $78.0 million, a decrease of 46.0% from $144.4 million in Q1 2024 [7][11]. - Net loss was $16.9 million, compared to a net income of $35.3 million in the same period of 2024 [19]. - Adjusted EBITDA was negative $10.8 million, down from positive $49.9 million in Q1 2024 [20]. Operational Highlights - Power capacity decreased to 478 MW from 644 MW year-over-year [8]. - Total hashrate under management fell by 28.0% to 20.6 EH/s [8]. - Cloud-mining registered users increased by 89.1% to 607,377 [8]. Revenue Breakdown - Revenue from cloud-mining solutions was $53.7 million, a decrease of 34.1% from $81.5 million in Q1 2024 [12]. - Revenue from self-mining operations was $17.6 million, down 70.7% from $60.1 million in the same period of 2024 [13]. - Revenue from selling mining equipment increased significantly to $6.0 million from $0.7 million in Q1 2024 [14]. Cost and Expenses - Cost of revenue was $71.6 million, a decrease of 41.6% from $122.7 million in Q1 2024 [15]. - Operating expenses included sales and marketing expenses of $0.5 million, general and administrative expenses of $2.0 million, and research and development expenses of $0.4 million, which were approximately in line with the same period of 2024 [16]. Liquidity and Capital Resources - As of March 31, 2025, the company had cash and cash equivalents and digital assets totaling $144.3 million, down from $168.1 million as of December 31, 2024 [21].

Core Viewpoint - BitFuFu Inc. is set to release its unaudited financial results for Q1 2025 on June 5, 2025, before U.S. markets open, indicating the company's ongoing commitment to transparency and investor communication [1]. Company Overview - BitFuFu Inc. is recognized as a world-leading Bitcoin miner and innovator in mining services, focusing on empowering the global Bitcoin network through its advanced cloud mining platform and rapidly scaling infrastructure [3]. Earnings Conference Call - The management team will conduct an earnings conference call on June 5, 2025, at 8:00 A.M. U.S. Eastern Time, allowing investors to gain insights into the company's performance [1]. - Participants must register in advance to join the conference call, receiving a confirmation email with dial-in numbers and a unique access PIN [2]. Investor Relations - For investor inquiries, BitFuFu provides contact details for its Investor Relations team, ensuring open lines of communication for stakeholders [4].

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 reached $82.8 million, exceeding guidance of $75 million, representing a 136% year-over-year increase [12][30] - Mining revenue was $24 million, up 132% year-over-year, with 2.59 bitcoins mined, a 33% increase year-over-year [30][32] - Average selling price (ASP) per terahash increased to $10.5, a 30% sequential growth [13][30] - Operating loss narrowed by 32% quarter-over-quarter and 45% year-over-year to $37.6 million [21][30] - Cash balance remained stable at approximately $100 million [22][36] Business Line Data and Key Metrics Changes - Sales revenue from mining machines exceeded $58 million, a 149% year-over-year increase, with 5.5 exahash per second in total computing power sold, up 62.6% year-over-year [12][32] - The Avalon Home series generated $1.3 million in sales revenue with around 6,000 units delivered [14][34] - Self-mining operations yielded 2.59 bitcoins, with mining revenue reaching a record high of over $24 million, marking a 59% sequential increase [16][30] Market Data and Key Metrics Changes - The global Bitcoin price fluctuated, dropping from approximately $104,000 in January to $76,000 in early March, before rebounding to around $100,000 by the end of April [9][10][21] - The US market faced significant challenges due to tariffs, impacting demand for mining machines [11][12] - Demand from North American customers remains under pressure, with no clear signs of recovery [23][24] Company Strategy and Development Direction - The company is focusing on technology and product innovation, strengthening customer service, and advancing its global strategy [27][28] - A pilot production line has been established in the US to reduce supply chain risks and improve market proximity [19][20] - The company is exploring larger-scale manufacturing facilities in the US while managing production costs [19][20] Management Comments on Operating Environment and Future Outlook - Management expressed caution regarding the ongoing volatility in the global political and economic landscape, leading to the withdrawal of full-year revenue guidance [25][26] - The company anticipates Q2 revenues of approximately $100 million, based on current market conditions [26][40] - Management remains optimistic about the long-term appreciation potential of Bitcoin despite short-term price fluctuations [21][22] Other Important Information - The company has started to build up inventory of new products to ensure uninterrupted deliveries [22][36] - A share repurchase program is under evaluation to enhance shareholder value [27][39] Q&A Session Summary Question: Can you describe the trends in ASP and equipment pricing through the quarter? - ASP climbed to $10.5 due to strong demand and positive feedback on the A15 series, with expectations for continued improvement in Q2 [43][45] Question: How is the shift towards HPC or AI hosting affecting your TAM? - Some customers are redirecting power towards AI and HPC applications, but this appears more experimental than strategic [49][50] Question: Can you clarify expansion plans for self-mining? - Self-mining projects in North America are progressing, with new installed capacity added through partnerships [53][54] Question: What lead time is needed for orders for Q3 or Q4? - Current lead time for orders is about 6 to 8 weeks, with expectations for improvement based on demand and supply [65][66] Question: Is there capacity to shift manufacturing to the US to limit tariff impacts? - A small-scale trial production has started in the US, but complexities and costs remain a concern [74][76] Question: How are you evaluating site acquisitions in light of the tariff landscape? - Current energy prices remain stable, and potential policy changes may improve power availability in the future [84][86]

Core Insights - Investview, Inc. reported its first quarter 2025 financial results, highlighting operational progress and strategic initiatives across its diversified business segments [1] Financial Performance - iGenius net revenue for Q1 2025 was $8.8 million, a decrease of $4.2 million or 32.5% compared to Q1 2024, attributed to shifts in consumer behavior post-COVID-19 and macroeconomic headwinds [4] - Gross Revenue decreased by 35.3% to $10.7 million in Q1 2025 from $16.5 million in Q1 2024 [5] - Net Revenue fell by 36.0% to $10.0 million in Q1 2025 from $15.7 million in Q1 2024 [5] - Net cash used in operating activities was ($3.4) million in Q1 2025, compared to net cash provided of $4.8 million in Q1 2024 [5] - Cash and cash equivalents decreased by $5.0 million or 22.1% to $17.5 million as of March 31, 2025 [5] - Total assets decreased by $1.6 million or 5.2% to $29.9 million, while total liabilities decreased by $1.2 million or 8.7% to $13.1 million [5] Blockchain and Crypto Mining Segment - SAFETek net revenue in Q1 2025 was $0.9 million, a decrease of $1.8 million or 67.3% compared to the prior year, primarily due to the April 2024 Bitcoin halving event and increased mining difficulty [7] - SAFETek produced 9.12 Bitcoin in Q1 2025 despite challenges, leveraging reduced power costs from energy curtailment [8] - The segment executed strategic initiatives in 2024 to enhance operational efficiency, including retiring legacy hardware and deploying next-generation ASIC miners [9] Health, Beauty, and Wellness Segment - The acquisition of Renu Laboratories in October 2024 marked a strategic entry into the health, beauty, and wellness market [11] - Renu Labs generated $0.4 million in net revenue for Q1 2025, with revenues in Q2 2025 already exceeding Q1 results [12] - The company is focused on scaling manufacturing capacity and expanding its product portfolio [13] Financial Services Initiatives - The acquisition of Opencash Securities LLC in March 2024 aims to establish a mobile-first trading platform for retail investors [17] - Opencash is in the final stages of development, preparing for a commercial launch focused on low-cost, commission-free trading [18] - The platform will integrate with the MPower Prodigio trading engine to offer a seamless trading experience [19]

The endgame for #Bitcoin mining is approaching—halvings, energy debates, and centralization risks. What will happen post-2140? ⛏️ ...

Core Insights - LM Funding America, Inc. reported a preliminary, unaudited Bitcoin mining and operational update for April 2025, highlighting a decrease in mined Bitcoin due to operational disruptions and a strategic shift towards a vertically integrated model [1][2] Mining Operations - In April 2025, the company mined 6.6 Bitcoin, a decrease from 8.7 Bitcoin in March 2025 and 7.6 Bitcoin in February 2025 [2] - The company sold 18.0 Bitcoin in April 2025, compared to 14.2 Bitcoin in March 2025 [2] - The total Bitcoin holdings decreased to 148.7 Bitcoin by April 30, 2025, valued at approximately $14.1 million based on a Bitcoin price of $94,900 [2] Equipment and Infrastructure - The company maintained 5,121 operational machines and a total of 5,617 machines as of April 2025 [2] - The company is relocating 800 machines to its wholly owned facility in Oklahoma, which generated approximately $120,000 in power sales during April 2025 [2] - Plans for a 2 MW expansion at the Oklahoma site include ordering two 1 MW immersion containers, expected to improve deployment timelines and margins [2] Financial Performance - The company's share price was $1.49 as of April 30, 2025, while the estimated value of Bitcoin holdings was $2.75 per share [2] - The company aims to recover its investment from the sale of recently acquired S21+ miners from Bitmain, preserving capital for higher-return opportunities [2] Upcoming Events - The company will hold its First Quarter 2025 Earnings Call on May 15, 2025, at 8 AM EST [3] - Additional conferences include a Benchmark Virtual Digital Asset Seminar on May 20, 2025, and a conference in Las Vegas on May 28, 2025 [6]

Financial Data and Key Metrics Changes - Revenues increased by 30% to $213.9 million from $165.2 million in Q1 2024, driven by a 77% increase in the average price of Bitcoin [16][17] - The company reported a net loss of $533.4 million or negative $1.55 per diluted share, compared to a net income of $337.2 million or $1.26 per diluted share in Q1 2024 [17][18] - Adjusted EBITDA decreased to a loss of $483.6 million in Q1 2025 from a loss of $542.1 million in Q1 2024 [18] Business Line Data and Key Metrics Changes - The energized hash rate increased by 95% to 54.3 Exahash per second in Q1 2025 from 27.8 Exahash per second in Q1 2024 [13] - The purchase energy cost per Bitcoin was $35,728, with a daily cost per petahash improving by 25% year over year [9][18] Market Data and Key Metrics Changes - The average price of Bitcoin was 12% lower as of March 31, 2025, compared to December 31, 2024, resulting in an unrealized fair market value loss of $510.2 million in Q1 2025 [17] - The company currently holds over 48,000 Bitcoin on its balance sheet, with a 52% increase in Bitcoin price since the full HODL announcement in July 2024 [13][14] Company Strategy and Development Direction - The company is transforming into a vertically integrated digital energy and infrastructure company, focusing on long-term low-cost energy solutions and efficient capital deployment [6][10] - Strategic growth priorities include advancing research and development of digital energy technologies and establishing partnerships with governments and global energy corporations [8][10] Management's Comments on Operating Environment and Future Outlook - Management noted that despite a challenging quarter due to declining Bitcoin prices and increased network difficulty, they expect a substantial recovery in Bitcoin prices to positively impact Q2 results [17][18] - The company believes it is well-positioned to reduce operating costs over time as it expands its own initiatives and focuses on low-cost energy sources [18][19] Other Important Information - The company completed the construction of a 200 megawatt data center in Ohio, with 100 megawatts now online and over 12,000 miners installed [9] - The company is investing in and developing digital energy technologies to improve operational efficiency and diversify revenue streams [10][11] Q&A Session Summary Question: Market disconnect between fundamentals and share performance - Management indicated that the market values the company for its Bitcoin holdings but does not give credit for its mining operations, which they believe undervalues the company [21][22] Question: Off-grid expansion strategy and partnerships - Management discussed the importance of partnering with energy companies to monetize underutilized energy and emphasized a mix of energy sources for future growth [26][31] Question: Hash cost and operational efficiencies - Management confirmed that hash costs have been reduced and expect further declines due to ongoing projects and operational efficiencies [35][36] Question: Impact of tariffs on procuring mining rigs - Management noted that they are working to minimize the impact of tariffs through their supply chain and manufacturing strategies [62][63] Question: Full HODL strategy and future plans - Management reiterated their commitment to the full HODL strategy, emphasizing the long-term value creation for shareholders [70][72]