Bitcoin Mining - Jack Dorsey's Block is developing a Bitcoin mining machine [1] - The development aims to further decentralize Bitcoin mining [1] Technology - The machine's specifications and release date are currently unknown [1] Market Impact - The project could potentially impact the Bitcoin mining hardware market [1]

Bitcoin Mining - Jack Dorsey's Bitcoin mining machine is under development [1] Industry Focus - The industry is closely watching the development of new Bitcoin mining technologies [1]

Introducing Proto: The future of bitcoin mining https://t.co/01nq3k9OYQ ...

Financial Data and Key Metrics Changes - For Q2 2025, total revenue was $1,900,000, down from $2,400,000 in Q1 2025, primarily due to lower Bitcoin production and curtailments during peak summer months [11] - The average Bitcoin price in Q2 2025 was approximately $98,100, compared to $93,600 in Q1 2025 [11] - Mining margins improved to 41% in Q2 from 38.5% in Q1, supported by the transition to a lower-cost facility [12] - Net income for Q2 was approximately $60,000, a significant improvement from a net loss of $5,400,000 in Q1 2025 [12] - Core EBITDA for Q2 was $2,600,000, compared to a negative $2,800,000 in Q1 2025 [12] Business Line Data and Key Metrics Changes - The company mined 18.4 Bitcoin in Q2, a slight decrease from Q1 due to miner relocations and curtailments [7] - The strategic transition to a fully integrated model allowed for curtailment and energy sales to generate approximately $223,000 in Q2, offsetting lower Bitcoin production [7] Market Data and Key Metrics Changes - The company ended Q2 with 155.5 Bitcoin valued at $16,700,000, translating to about $3.25 Bitcoin per share based on June 30 prices [8] - By the end of July, Bitcoin holdings decreased to 150.4 Bitcoin valued at $17,800,000, or $3.46 per share [8] Company Strategy and Development Direction - The acquisition of an 11 megawatt Bitcoin mining site in Mississippi for $3,900,000 is expected to enhance the company's capacity to 26 megawatts, accelerating growth and maximizing ROI [5][14] - The company is focused on vertical integration to reduce power costs and optimize fleet efficiency, with plans for further expansion in Oklahoma [9][14] - The company remains committed to its Bitcoin treasury strategy, emphasizing long-term accumulation despite market volatility [15][16] Management's Comments on Operating Environment and Future Outlook - Management expects curtailment revenue to trend lower as seasonal temperatures moderate, leading to increased Bitcoin production and fleet efficiency [15] - The company highlights a disconnect between its balance sheet and market value, with a net book value of $31,900,000 and a fully diluted market cap of $14,700,000 as of June 30 [16] Other Important Information - The company has made progress on a two megawatt immersion-based expansion in Oklahoma, expected to be completed by the end of the year [6] - The company strategically sold a portion of its Bitcoin holdings to support operations and fund expansion projects while maintaining a long-term accumulation strategy [12] Q&A Session Summary Question: Inquiry about the deployment of machines in Mississippi - The company confirmed that the total capacity will be 26 megawatts, with 11.5 megawatts in Oklahoma and 7 megawatts in Mississippi once operational [19][20] Question: Plans for new miner purchases - The company indicated that additional miners will need to be acquired to fill out the capacity in Mississippi, but specifics are not yet determined [21]

Operating & Financial Results Second Quarter 2025 August 14, 2025 Chairman & CEO CFO Nangeng Zhang Jin "James" Cheng 1 Safe Harbor Statement This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"), including adjusted EBITDA (including adjusted EBITDA margin), non-GAAP net income, non-GAAP diluted earnings per share/ADS and cash flow. These non-GAAP measures should be considered in addition to, and not as a sub ...

Moving Infrastructure Forward Q2 2025 Update Presentation August 14, 2025 1 SAFE HARBOR STATEMENT This presentation is for informational purposes only and contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are sta ...

⚡️ NEW: Jack Dorsey claims Proto has outperformed China in $BTC mining chip design. https://t.co/YEqTgffwC3 ...

Core Insights - Investview, Inc. reported its financial results for Q2 2025, highlighting operational progress and strategic initiatives across its diversified business segments [1] Financial Performance - Gross Revenue decreased by 24.7% to $10.4 million for Q2 2025 compared to $13.8 million in Q2 2024 [5] - Net Revenue decreased by 23.5% to $10.0 million for Q2 2025 compared to $13.1 million in Q2 2024 [5] - Net loss from operations was $0.02 million for Q2 2025, a decline from a net income of $0.5 million in Q2 2024 [5] - For the first half of 2025, Gross Revenue decreased by 30.5% to $21.1 million compared to $30.3 million in the same period of 2024 [5] - Net cash used in operating activities was $3.7 million for the first half of 2025, down from net cash provided of $10.3 million in the same period of 2024 [5] Cash Flow and Balance Sheet - Cash and cash equivalents decreased by 28.1% to $16.2 million as of June 30, 2025, from $22.5 million at the end of 2024 [4] - Total assets decreased by 6.4% to $29.5 million, while total liabilities decreased by 15.6% to $12.0 million [12] - The current ratio improved to 2.42, up by 8.7% from December 31, 2024 [12] Business Segment Highlights Financial Education and Technology - iGenius reported net revenue of $7.8 million for Q2 2025, down from $12.0 million in Q2 2024, attributed to shifts in consumer spending and macroeconomic challenges [7] - The company is expanding its product offerings and sales network to counteract negative trends [7][8] Blockchain Technology and Crypto Mining - SAFETek generated $0.8 million in net revenue for Q2 2025, down from $1.1 million in Q2 2024, impacted by Bitcoin halving and increased mining difficulty [9] - Despite challenges, SAFETek produced 8.21 Bitcoin during the quarter, benefiting from reduced power costs [10][31] - The segment has over 1,500 mining machines ready for deployment, positioning for future growth [14] Health, Beauty, and Wellness Products - Renu Laboratories reported $1.4 million in net revenue for Q2 2025, a 259.4% increase from Q1 2025, following strategic investments post-acquisition [16][32] - The myLife Wellness division is set for a commercial launch in Q4 2025, aiming to expand its product portfolio [19][20] Financial Services Initiatives - The Opencash app, a mobile-first trading platform, is on track for launch in Q4 2025, offering low-cost, commission-free trading [22][33] - The platform aims to enhance market reach through partnerships with iGenius, targeting direct-to-consumer markets [27][28] Share Repurchase Program - The company launched a stock repurchase program in March 2025, repurchasing over 6.1 million shares at an average price of $0.0147 per share, representing a 24.8% discount to market value [6][35]

Core Viewpoint - Bitdeer Technologies Group has reported significant operational updates for July 2025, highlighting a 35% increase in self-mining hashrate and advancements in infrastructure and technology development [1][5][7]. Operational Update - The self-mining hashrate increased to 22.3 EH/s, with a target of reaching 40 EH/s by the end of October 2025 [1][5]. - A total of 159 MW has been energized in Bhutan and Norway, and the hydro-cooling conversion in Rockdale, Texas has been completed [1][7]. Self-Mining Performance - The company mined 282 Bitcoins in July 2025, representing a ~39% increase from June 2025 due to higher average self-mining hashrate [6]. - The total hash rate under management rose to 36.4 EH/s, up from 30.6 EH/s in June 2025 [8]. Mining Rig Manufacturing and R&D - SEALMINER A1 has been energized to 4.1 EH/s, while SEALMINER A2 has a total of 21.2 EH/s manufactured, with 0.4 EH/s in final assembly [6]. - The company is preparing for mass production and commercial launch of SEALMINER A3, with R&D efforts now focused on the next-generation SEAL04 architecture targeting 5 J/TH efficiency [5][6]. Infrastructure Development - The total available electrical capacity globally has reached 1,257 MW, with ongoing projects in various locations including Rockdale, Texas, Tydal, Norway, and Jigmeling, Bhutan [7][10]. - The construction of a 221 MW site in Massillon, Ohio is underway, with an adjusted energization timeline to the end of Q1 2026 [13]. Future Plans - The company is in advanced negotiations for a development partner regarding its Clarington, Ohio site, and is evaluating further deployment of GPU cloud services [6][7]. - Upcoming projects include a 50 MW Bitcoin mining project in Ethiopia expected to be energized in Q4 2025 [15].

Financial Data and Key Metrics Changes - In Q2 2025, the company mined 7.18 Bitcoin with a direct cost of $48,200 per Bitcoin, achieving revenues of $98,000 per Bitcoin [6][37] - Total revenue for the quarter was $78 million, representing an 87% year-over-year increase, with mining activities contributing $71 million [37] - The gross mining profit was $32 million, resulting in a direct mining margin of 45% [37] - The company reported a net loss of $29 million for the quarter, which included $15 million in impairment charges related to operations in Argentina [38] Business Line Data and Key Metrics Changes - The company completed its Bitcoin mining growth plans by installing over 12,000 miners across all facilities [6] - Free cash flow from mining operations is approximately $8 million per month, with Bitcoin holdings increasing to approximately 1,200, up 25% from the end of 2024 [11][26] - The average electricity price improved by 2%, and direct hash costs improved by 5% [8] Market Data and Key Metrics Changes - The company is positioned as a major player in the North American market, particularly in Quebec and Pennsylvania, with significant investments from major tech firms in nearby data centers [12][18] - The Pennsylvania portfolio is expected to benefit from a surge in data center investments, with commitments exceeding $90 billion from companies like Google and Meta [18] Company Strategy and Development Direction - The company is transitioning from Bitcoin mining to focus on high-performance computing (HPC) and AI, leveraging its energy portfolio [6][12] - Plans to convert Canadian Bitcoin mining megawatts to HPC data center megawatts are in progress, pending regulatory approval [15][61] - The company aims to become a US-domiciled entity by 2026, which is expected to enhance its access to US capital markets and improve operational efficiencies [24][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate strong cash flows from Bitcoin mining while transitioning to HPC and AI [26] - The company anticipates that the market is undervaluing both its Bitcoin business and HPC potential, leading to the initiation of a stock buyback program [26][27] - Management highlighted the importance of the upcoming 2026 power availability for attracting customers to the Panther Creek site [50] Other Important Information - The company has secured a financing agreement with Macquarie for up to $300 million to fund the Panther Creek HPC data center project [28][29] - The company plans to execute a stock buyback program for up to $49.9 million, funded by excess cash flow from mining operations [32][27] Q&A Session Summary Question: What is the game plan for getting construction procurement lined up for Panther Creek? - The company is engaging T5 to manage the development process, including securing permits and overseeing contractors [45] Question: What is the total CapEx for the Panther Creek project? - The total build-out cost is estimated to be around $400 million, with $10.5 million planned for the remainder of 2025 [47] Question: How does the demand for larger data center campuses affect Panther Creek's strategy? - The company is seeing increased demand for larger campuses, but immediate power availability in 2026 is a priority for potential customers [50] Question: What is the expected timeline for the Macquarie credit facility approval process? - The approval process is expected to take a couple of months, with the company having sufficient liquidity to fund current expenditures [67] Question: How is the company planning to manage share buybacks going forward? - The company anticipates continuing share buybacks based on cash flow generation from Bitcoin mining activities [70] Question: What is the expected revenue per megawatt for the Panther Creek site? - The company is not ready to commit to specific revenue figures as it depends on customer conversations and agreements [81]