Core Viewpoint - Canaan Inc. has demonstrated significant growth in its bitcoin mining operations, with a notable increase in deployed hashrate and cryptocurrency treasury, despite a challenging macroeconomic environment [2][5]. Group 1: Mining Operations - The operating hashrate increased by 61% year-over-year, while the installed hashrate grew by 82%, significantly outpacing the global Bitcoin network's approximately 34% hashrate growth [2]. - Canaan mined 86 BTC in December 2025, ending the year with a total of 1,750 BTC and 3,951 ETH, marking a 35% increase in BTC holdings from 1,293 BTC as of December 31, 2024 [3][4]. - The global average miner efficiency improved to 24.3 J/TH, with installed power capacity reaching 250.4 MW by the end of December 2025 [2][8]. Group 2: Treasury Management - Throughout 2025, Canaan's treasury strategy focused on operational reinvestment and reserve scaling, adding 1,091 BTC through mining operations and 128 BTC through market purchases [3]. - The company deployed 776 BTC for power-related expenditures and received 13 BTC from sales-related income, contributing to a disciplined treasury approach [5]. - The year-end cryptocurrency positions represent a historical high for Canaan, providing financial flexibility for future initiatives [5]. Group 3: Energy Efficiency Initiatives - Canaan is advancing energy-efficiency initiatives, including a 3.0 MW proof-of-concept project in Manitoba, Canada, aimed at recovering heat from computing systems for greenhouse operations [13]. - The company is focused on optimizing fleet operations and miner efficiency to adapt to fluctuations in mining economics [2]. Group 4: Corporate Updates - On December 17, 2025, Canaan announced the renewal of a US$30 million share buyback program, reflecting management's confidence in the company's financial position and long-term growth [12].

Core Insights - Applied Digital has experienced significant stock performance, with shares increasing approximately 250% over the past year, driven by strong revenue growth and advanced discussions with hyperscalers for data center capacity [1][2][8] Company Overview - Applied Digital operates as a specialized real estate company focused on AI infrastructure, recently announcing a spin-off of its cloud computing business to merge with EKSO Bionics, forming a new entity called ChronoScale [3] - The company builds and operates data centers specifically designed for AI workloads, leveraging its historical experience in Bitcoin mining to secure access to low-cost power [4] Financial Performance - In fiscal Q2, Applied Digital reported a revenue increase of 250% to $126.6 million, with the high-performance computing (HPC) segment contributing $85 million, primarily from tenant fit-out services [5] - The data center hosting business saw a 15% revenue growth to $41.6 million, with an operating income of $16 million [6] - Adjusted net income was reported at $0.1 million, with adjusted EBITDA rising to $20.2 million from $6.1 million year-over-year [7] Growth Prospects - The company is in advanced discussions for 900 megawatts of power across multiple sites, which is expected to drive future growth [8] - Current HPC capacity is at 100 megawatts, with plans to expand to 400 megawatts for CoreWeave by the end of 2027, and an additional 200 megawatts commitment from another customer [9] - Financing is in place for these projects, which are anticipated to yield significant growth if returns and operating leverage are demonstrated [10]

Core Insights - BGIN Blockchain Limited announced that its chairman Oisin Li and independent director Paul Tsang purchased additional Class A ordinary shares, indicating their confidence in the company's long-term prospects [1][2]. Share Purchases - Oisin Li acquired 60,000 Class A ordinary shares at an average price of US$3.7 per share, while Paul Tsang purchased 8,100 Class A ordinary shares at an average price of US$2.85 per share [2]. Company Strategy - Oisin Li expressed strong conviction in BGIN's direction and long-term potential, highlighting the company's strategy to become an infrastructure player within the Bitcoin ecosystem [3]. - The company aims to address a notable gap between current share prices and its anticipated long-term value [3]. Company Overview - BGIN Blockchain Limited is a digital asset technology company specializing in proprietary cryptocurrency mining technologies and manufacturing mining hardware [3]. - The company focuses on making crypto mining accessible to all, developing innovative products for various market needs, from beginners to large-scale industrial miners [3].

Core Insights - The cryptocurrency mining industry is undergoing significant changes that are impacting various stocks and ETFs, particularly the CoinShares Valkyrie Bitcoin Miners ETF (WGMI) [1] Group 1: Performance and Transition - WGMI has transitioned from being a pure play bitcoin miner ETF, which could favor investors in the future [2] - Over the three years ending December 31, 2025, WGMI was the best-performing non-leveraged ETF, achieving a remarkable return of 760%, significantly outperforming the next-best ETF which gained 542% [2] Group 2: AI and HPC Integration - Companies in the crypto mining sector are shifting towards AI and hyper-performance computing (HPC), leveraging their existing competencies and technologies for data center applications [3] - The integration of AI is crucial for diversifying revenue sources and ensuring long-term growth for miners within the WGMI portfolio [3][4] Group 3: Market Positioning and Risks - Bitcoin miners are increasingly positioning themselves as power and rackspace operators, targeting AI customers to generate more stable cash flows compared to traditional bitcoin mining [5] - The shift towards AI raises the standards for miners, necessitating proof of legitimacy in the AI space to attract investor confidence [5] Group 4: ETF Advantages - WGMI offers a broad approach to the intersection of AI and mining, helping to mitigate risks associated with selecting individual stocks that may lack adequate AI exposure [6] - The data center space is becoming a premium asset, with top sites being highly sought after by hyperscalers, cloud firms, and AI startups [6] Group 5: Notable Holdings - Some of WGMI's largest holdings, such as IREN, Cipher Mining, and Applied Digital, are demonstrating credible transitions towards AI [7]

Core Insights - Bitcoin miners are transitioning from cryptocurrency mining to high-performance computing infrastructure, with mining revenue expected to drop from approximately 85% of total revenue in early 2025 to less than 20% by the end of 2026 for companies with AI contracts [1] - This shift indicates a move from low-margin mining operations to high-margin data center contracts, with companies generating 80% to 90% operating margins from AI deals compared to the thin margins of Bitcoin mining [2] Financial Projections - By October 2025, Bitcoin miners had secured $65 billion in contracts with major technology companies and cloud service providers, with AI contracts generating three times the revenue per megawatt compared to traditional mining [3] Company Developments - Six publicly traded mining companies have announced high-performance computing contracts: Core Scientific, Cipher Mining, TeraWulf, Applied Digital, Galaxy Digital, Iris Energy, and Bit Digital [4] - Despite the pivot to AI, publicly traded mining companies increased their Bitcoin mining operations in 2025, adding more computing power in the first nine months than in the same period of 2024, driven by equipment orders placed in 2024 [5] Investment Opportunities - The CoinShares Bitcoin Mining ETF (WGMI) offers exposure to this evolving sector, investing at least 80% of its net assets in companies deriving at least 50% of their revenue from Bitcoin mining or related services, with an expense ratio of 0.75% and a return of 72.05% over the past year [6]

Core Insights - BlockQuarry Corp. has received an overwhelming market response to the preorders for its BLQCBuster™ crypto mining platform, indicating strong demand for American-manufactured cryptocurrency mining solutions [1][2] Market Demand and Response - Following the public debut of the BLQCBuster™ at the Mining Disrupt Conference, there has been significant interest from institutional and enterprise-scale operators, highlighting a critical market demand for domestic, high-uptime hardware [2][3] - Early feedback from the preorder launch shows urgent interest in integrating the BLQCBuster's modular architecture into existing infrastructure [3] Strategic Initiatives - BlockQuarry is in active discussions with key attendees from the Dallas conference to establish a "First-Off-Line" program, allowing select clients to receive initial production units for performance validation before larger-scale contracts [3][4] - The CEO of BlockQuarry stated that the initial response has exceeded internal projections, emphasizing the industry's need for reliable U.S.-manufactured solutions [4] Product Features - The BLQCBuster™ is engineered in New York and manufactured in York, Pennsylvania, featuring high efficiency powered by ASIC chips, a 2U rack-mountable design with hot-swappable nodes, and patent-pending Dynamic Superbalancing technology to maintain uptime [4][8] - The company emphasizes American-made support, with technicians trained by the engineers who designed the BLQCBuster, ensuring reliable service [8] Company Overview - BlockQuarry Corp. specializes in developing advanced, scalable mining technology that addresses market demands for domestic supply chain security and operational support [6] - The company aims to provide secure, sustainable, and economically viable infrastructure solutions for cryptocurrency mining, AI, and high-performance computing applications [6]

Core Insights - BlockQuarry Corp. has announced the opening of preorders for its new BLQCBuster™ crypto mining machines, which are designed to meet the needs of both individual and large-scale operators in the cryptocurrency mining sector [1][3][4] Group 1: Product Overview - The BLQCBuster miner is a high-performance, enterprise-grade system manufactured in the United States, featuring eight advanced hashboards powered by Intel® Blockscale™ ASIC chips, which provide exceptional hashrate performance and industry-leading power efficiency [2][4] - The miner is housed in a robust 2U rack-mountable enclosure, emphasizing its design for reliability and efficiency [2] Group 2: Market Reception and Strategy - The BLQCBuster was publicly debuted at the Mining Disrupt event in Dallas, generating significant interest from industry professionals and potential customers [3] - The company has strategically decided to accept preorders with no minimum order requirement, aiming to cater to both individual miners and institutional customers [4] Group 3: Company Commitment and Vision - BlockQuarry Corp. emphasizes its commitment to American manufacturing, job creation, and supply-chain resilience, with the BLQCBuster miners engineered in New York and manufactured in York, Pennsylvania [4] - The company aims to revolutionize the cryptocurrency mining hardware sector by providing innovative, scalable solutions that address market demands for domestic supply chain security and operational support [6]

Core Viewpoint - BlockQuarry Corp. has announced the opening of preorders for its new BLQCBuster™ crypto mining machines, which are designed to meet the needs of both individual and large-scale mining operations [1][3]. Group 1: Product Overview - The BLQCBuster miner is a high-performance, enterprise-grade crypto mining system manufactured in the United States, featuring eight advanced hashboards powered by Intel Blockscale™ ASIC chips, which provide exceptional hashrate performance and industry-leading power efficiency [2]. - The miner is housed in a robust 2U rack-mountable enclosure, emphasizing its design for reliability and efficiency [2]. Group 2: Market Reception and Anticipation - The BLQCBuster miner was publicly debuted at Mining Disrupt in Dallas in November, generating significant interest from industry professionals and miners, leading to high anticipation for the preorder opportunity [3]. - The company aims to cater to both home miners and institutional-scale customers by accepting preorders with no minimum order requirement [4]. Group 3: Commitment to Domestic Production - BlockQuarry's engineering and manufacturing processes for the BLQCBuster are based in New York and York, Pennsylvania, respectively, highlighting the company's commitment to job creation, domestic production, and supply-chain resilience [4]. - The design of the BLQCBuster reflects state-of-the-art technology and operational experience, aiming to raise the bar in the cryptocurrency mining hardware sector [4]. Group 4: Company Background - BlockQuarry Corp. specializes in developing advanced, scalable mining technology that addresses market demands for domestic supply chain security and superior engineering [6]. - The company is focused on providing secure, sustainable, and economically viable infrastructure solutions for cryptocurrency mining, AI, and high-performance computing applications [6].

Core Viewpoint - Coeptis Therapeutics Holdings, Inc. has announced that its registration statement for a merger with Z Squared Inc. has been declared effective by the SEC, and it will begin mailing the definitive proxy statement/prospectus to stockholders ahead of the Stockholder Meeting scheduled for January 30, 2026 [1] Company Overview - Coeptis Therapeutics Holdings, Inc. is a biopharmaceutical and technology company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases [3] - The company operates through its subsidiaries, including Coeptis Pharmaceuticals, GEAR Therapeutics, SNAP Biosciences, and Coeptis Technologies [3] Therapeutic Portfolio - Coeptis's therapeutic portfolio includes assets licensed from Deverra Therapeutics, featuring an allogeneic cellular immunotherapy platform and DVX201, a clinical-stage natural killer cell therapy technology [4] - The company is also developing a universal, multi-antigen CAR technology licensed from the University of Pittsburgh, alongside GEAR cell therapy and companion diagnostic platforms in collaboration with VyGen-Bio and the Karolinska Institute [4] Technology Division - Coeptis has established a Technology Division aimed at enhancing operational capabilities through advanced technologies, including AI-powered marketing software and robotic process automation tools acquired from NexGenAI Solutions Group [5] Z Squared Overview - Z Squared is focused on building a sustainable cryptocurrency mining operation, with 9,000 ASIC miners targeting Dogecoin and Litecoin, addressing market caps of $20 billion and $6 billion respectively [7] Stockholder Meeting - The Stockholder Meeting for the merger transaction will be held on January 30, 2026, with notices being mailed to stockholders of record as of January 2, 2026 [1]

Core Viewpoint - BitMine Immersion Technologies Inc. (BMNR) focuses on cryptocurrency mining, particularly Ethereum, and has adopted an ETH-centric treasury strategy, aligning its stock price with Ethereum's market performance [1] Group 1: Company Overview - BMNR has a market capitalization of approximately $5.4 billion and a trading volume of 57.99 million shares on the AMEX exchange [5] - The company has shown significant stock volatility, with a 52-week high of $161 and a low of $3.92 [5][6] Group 2: Recent Developments - On January 5, 2026, Cantor Fitzgerald initiated coverage on BMNR with an "Overweight" rating, indicating confidence in the stock's potential [2][6] - Following the coverage announcement, BMNR's stock price increased by 14.84%, reaching $31.73 during overnight trading on Robinhood [3][6] Group 3: Strategic Proposals - A proposal to increase the company's authorized share count from 500 million to 50 billion was announced, aimed at facilitating future capital raising and opportunistic acquisitions [3][4] - The proposal includes the possibility of stock splits to maintain share accessibility for investors, contingent on Ethereum's price reaching $250,000 and Bitcoin hitting $1 million [4]