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AgriFORCE CEO Jolie Kahn Attends Exclusive 2025 Bitcoin Policy Summit in Washington, D.C., as Conversations Expand to Stablecoins and the Future of Digital Infrastructure
Globenewswire· 2025-06-26 13:15
Core Insights - AgriFORCE Growing Systems Ltd. is enhancing its role in the intersection of agriculture, energy, and digital assets, particularly through its TerraHash Digital™ platform [3][6] - The company is focusing on energy-efficient Bitcoin mining and data center operations while monitoring stablecoin adoption and its implications for digital trade [3][4] Industry Context - The 2025 Bitcoin Policy Summit gathered leaders from finance, technology, energy, and policy sectors to discuss national energy strategy, digital asset regulation, and decentralized technologies [2][5] - Stablecoins are increasingly recognized as vital for the next-generation monetary ecosystem, offering faster and more cost-effective transactions, especially in energy and commodities [4][5] Company Engagement - CEO Jolie Kahn's participation in the Summit underscores AgriFORCE's commitment to responsible innovation and policy engagement in sustainable digital infrastructure [4][6] - The company aims to support the evolving landscape of digital finance by developing the necessary infrastructure for secure mining operations and high-performance data centers [4][6]
AI’s Impact on M&A
Bloomberg Technology· 2025-06-25 17:38
Let's talk about M&A in the tech landscape. We're joined by Paul Weiss, global co-head of M&A, Krishna Veera Raghavan, and also Bloomberg's Michele Davis is on the M&A team. I think we should start, Christine, with what is happening.Most recently, I see the headlines dominated with the mechanism of the acqui-hire The most evident example recently has been matter in scale. I what are you seeing in acqui-hire as a mechanism on why we see in AI in particular several companies go down that route. I think it's a ...
AgriFORCE Launches Tri-Pillar Strategy to Power the Future of Digital Infrastructure
Globenewswire· 2025-06-24 13:15
WEST PALM BEACH, FL and VANCOUVER, BC, June 24, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (NASDAQ: AGRI) today announced a transformative tri-pillar growth strategy aimed at capitalizing on the accelerating global demand for computational power. This strategic framework focuses on three key areas: Bitcoin treasury development, modular compute infrastructure, and integration with scalable, off-grid energy systems. “In a world where AI, blockchain, and edge network ...
Given Almost $75 Million in Executed Preferred Stock Purchase Agreements, Hyperscale Data Does Not Currently Intend to Raise Additional Equity
Globenewswire· 2025-06-23 10:30
Core Viewpoint - Hyperscale Data, Inc. has secured financing agreements to raise up to $68 million in preferred investments, which will support its capital position and expansion plans for its Michigan data center, focusing on AI and digital infrastructure [1][4]. Financing Agreements - Ault & Company has invested nearly $51 million in Hyperscale Data and has committed to an additional investment of up to $24 million under a securities purchase agreement for Series G convertible preferred stock [2]. - The company has also entered into a separate agreement with an institutional investor to sell up to $50 million of Series B convertible preferred stock, with $5.7 million already purchased [3]. Data Center Expansion - The Michigan data center's power capacity is set to increase from approximately 30 MW to 300 MW, with an additional 40 MW from a local natural gas utility, bringing the total expected capacity to around 340 MW [4]. - The power upgrade is expected to take 44 months for the utility agreement and 18 months for the natural gas agreement to be completed [4]. Corporate Structure and Future Plans - The company plans to separate from Ault Capital Group by the end of 2025, transitioning to an independent entity focused on AI and digital asset compute solutions [5][11]. - Following the divestiture, Hyperscale Data will primarily operate data centers supporting high-performance computing services [11]. Operational Considerations - The company anticipates that its current preferred equity commitments will meet its near-term capital needs, but future developments may necessitate additional capital [6]. - A significant portion of the Michigan facility's development is expected to be financed through non-dilutive debt [6].
RETRANSMISSION: HIVE Digital Technologies Surpasses 11 EH/s Bitcoin Hashrate Milestone as 100 MW Phase 1 in Paraguay Completed Ahead of Schedule - Company on Track to Reach 25 EH/s by Thanksgiving
Newsfile· 2025-06-20 10:00
RETRANSMISSION: HIVE Digital Technologies Surpasses 11 EH/s Bitcoin Hashrate Milestone as 100 MW Phase 1 in Paraguay Completed Ahead of Schedule - Company on Track to Reach 25 EH/s by ThanksgivingJune 20, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texa ...
迪拜数字基础设施公司EDGNEX将斥资23亿美元在印尼建数据中心
news flash· 2025-06-19 10:41
印尼通信与数字事务部发布声明称,总部位于阿联酋迪拜的数字基础设施公司EDGNEX将斥资23亿美 元,在印尼西爪哇省芝卡朗工业区建设超大型数据中心。预计该公司将在2026年完成第一阶段开发,二 期建设将持续至2028年。 ...
AirJoule Technologies Announces Memorandum of Understanding with Data Center Developer to Advance Onsite Water Production Using Waste Heat
Globenewswire· 2025-06-17 13:00
RONAN, Mont., June 17, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), the developer of the transformational AirJoule® technology for separating pure water from air, today announced it has signed a memorandum of understanding (“MOU”) with a developer of hyperscale data centers to collaborate on the use of AirJoule® technology to generate pure distilled water from ambient air using low-grade waste heat generated by data center operations. ...
Stablecoins: Enabling Financial Transactions With A Smartphone
ARK Invest· 2025-06-13 19:33
Basically, Starlink provides uh you know digital like you know internet infrastructure to communities that in the past didn't have that infrastructure available to you know maybe they didn't have the the fiber optics cables or the investment necessary from their government to have reliable internet and Starlink provides that to them at you know very low friction very low cost and that you know enables a ton of possibilities in terms of having internet access in these regions that didn't and stable coins do ...
DigitalBridge Group (DBRG) 2025 Conference Transcript
2025-06-11 20:15
DigitalBridge Group (DBRG) 2025 Conference June 11, 2025 03:15 PM ET Speaker0 Good afternoon and thanks for joining us for our last fireside chat of the Morgan Stanley Financials Conference. I'm Stephanie Ma, member of the brokers, asset managers and exchanges team for Morgan Stanley Research. For our final session of the day, it's my pleasure to welcome Mark Gansey, CEO of Digital Bridge. Digital Bridge is a leading global alternative asset manager specializing in digital infrastructure investing with $100 ...
RETRANSMISSION: HIVE Digital Technologies Achieves 58% Peak Hashrate Growth in One Month, Surpasses 10 EH/s in May 2025, and Remains on Track to Reach 25 EH/s by Year-End
Newsfile· 2025-06-06 10:00
Core Insights - HIVE Digital Technologies has achieved a significant operational milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining capacity, increasing from 6 EH/s at the end of March 2025 [3][4] - The company reported a 58% month-over-month growth in peak hashrate, rising from 6.6 EH/s in April to 10.4 EH/s in May 2025 [3][4] - HIVE is on track to reach a target of 25 EH/s by the end of Q4 2025, with expectations to produce over 12 BTC per day at that capacity [5][6] Operational Highlights - The rapid scaling of HIVE's operations was primarily driven by the energization of a 100 MW hydro-powered facility in Paraguay [4] - The company operates globally across 9 time zones and 5 languages, utilizing 100% hydroelectric power for its Bitcoin mining and AI data centers [5] - HIVE's daily Bitcoin production has increased to over 5 BTC, with a target of 8 BTC per day as the fleet aims for 18 EH/s this summer [6][8] Financial Performance - In May 2025, HIVE mined a total of 139 BTC, averaging 4.5 BTC per day [8] - The mining efficiency averaged 8.5 EH/s in May, with a peak of 10.4 EH/s [8] - The production per EH/s was recorded at 16.4 BTC, with fleet efficiency maintained at approximately 20 J/TH [8]