First phase of collaboration provides TRON with data storage infrastructure LONGBOAT KEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). In the initial phase of the collaboration, Rumble Cloud will provide access to its infra ...

Core Insights - Crypto-focused fintechs are gaining momentum due to easing regulatory controls and the integration of AI and blockchain technology, with a focus on comparing Coinbase (COIN) and Block Inc. (XYZ) [1] - Stablecoins are becoming increasingly important in the digital financial system, with major banks exploring their own initiatives and companies pursuing mergers and acquisitions [2] Factors to Consider for Coinbase (COIN) - Coinbase is well-positioned to capitalize on crypto market volatility and rising asset prices, benefiting from a pro-crypto regulatory environment in the U.S. [4] - In 2024, Coinbase's total revenues more than doubled, marking its second consecutive year of positive adjusted EBITDA, with transaction revenues also reflecting significant growth [5] - The company is investing in infrastructure like Base, a low-cost Layer 2 scaling solution, to enhance the practical use of crypto [6] - Coinbase ended 2024 with $9.3 billion in USD resources, a $3.8 billion increase from the previous year, indicating strong financial health [7] - Rising costs and vulnerability to crypto asset price fluctuations pose challenges to Coinbase's margins and future cash flows [8] Factors to Consider for Block Inc. (XYZ) - Block differentiates itself with a comprehensive commerce ecosystem, integrating software, hardware, and payment services [9] - The company has achieved significant milestones, including FDIC approval for Square Financial Services and the launch of Cash App Afterpay [10] - Block is focused on global expansion and anticipates steady increases in gross profit, leveraging diverse revenue sources [11] - However, Block faces pressure from rising competition in the fintech industry and economic uncertainties, which may impact performance [12][13] Estimates for COIN and XYZ - The Zacks Consensus Estimate for COIN's 2025 revenues implies a 4.5% year-over-year increase, but EPS estimates indicate a 68.3% decline [14] - Conversely, XYZ's 2025 revenue estimates suggest a 3.5% year-over-year increase, while EPS estimates indicate a 19.3% decline [15] Valuation Metrics - Coinbase is trading at a forward earnings multiple of 48.12, below its median of 59.94, while Block's forward earnings multiple is at 35.1, above its median of 31.86 [16] Performance Comparison - COIN shares have gained 6% year-to-date, while Block shares have lost 31% in the same period, indicating a more favorable investment outlook for Coinbase [18]

HANGZHOU, China, May 22, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company") announces that its Board of Directors has formally approved a major strategic decision: the Company plans to complete a dual-track, parallel acquisition of 1,000 Bitcoins over the next year through a combination of additional stock issuance and cash purchases. Bitcoin acquisitions in the next year through a dual-track, parallel process of additional stock issuance and cash purchases. This move marks JZXN's in-de ...

"We are well aware of the volatility and uncertainty of the Bitcoin market, but it is based on a deep understanding of blockchain technology and a long-term bullish belief that we decided to take this step," said JZXN's CEO. "Through this acquisition, we will further enrich our company's asset structure and enhance our risk resistance and profitability. At the same time, we will also continue to focus on and explore the application of blockchain technology in other fields with a view to creating more value ...

BTCS Inc. Arranges Financing to Buy up to $57.8 Million of Ether ($ETH) for Continued StrategyFirst tranche of $7.8 million - CEO Participates in FundingMay 14, 2025 8:30 AM EDT | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - May 14, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced that it has entered into an agreement for the issuance of convertible notes (the “Agreement”) through a facility of up to $57.8 milli ...

Oxbridge Re Holdings Limited (OXBR) Q1 2025 Earnings Call May 12, 2025 04:30 PM ET Company Participants Wrendon Timothy - CFO & Corporate SecretaryJay Madhu - Chairman & CEOKent Engelke - Chief Economic Strategist Conference Call Participants Allen Klee - MD, Equity Research Analyst, TMT Operator and welcome to Oxbridge Re's First Quarter twenty twenty five Earnings Conference Call. My name is Robert, and I'll be your conference operator this afternoon. Joining us for today's presentation is Oxbridge Re's C ...

在 Web3 时代，区块链技术正以去中心化的革新力量重塑商业交互范式。FEC（Fortune Earnings Coupon）作为创新的价值回流型交易协议，并未局限于单一区块链的性能边界，而是通过全链部署与 技术架构创新，构建起连接消费场景与数字资产的信任桥梁。这套体系的核心魅力，在于用代码实现 "消费即收益" 的自动闭环，让每一次支付都成为价值生态的有机组成部分。 这种跨链能力的核心是 "资产映射机制"：当用户在香港 POWER DUTY FREE 使用 FEC 支付奢侈品 时，系统会在源链锁定相应代币，同时在目标链生成等值资产，整个过程由分布式验证节点网络实时验 证，确保跨链交易的透明性与安全性。实测数据显示，FEC 跨链交易的平均确认时间控制在 20 秒以 内，手续费显著低于传统跨链桥接方案，为高频消费场景提供了高效支撑。 安全机制：资产托管与动态风控的双重守护 在跨链交易的安全性构建上，FEC 采用了 "智能合约托管 + 多签治理" 的双层防护体系。每当用户发起 跨链请求，相关资产会被自动锁定至智能合约控制的托管账户，直至目标链确认交易完成后才释放，这 种 "条件触发式" 托管避免了资产在跨链过程中的 ...

Core Insights - Cango Inc. reported a total Bitcoin production of 470.0 Bitcoins in April 2025, reflecting an 11.3% decrease from 530.1 Bitcoins in March 2025 [1][2] - The company's total Bitcoin holdings increased to 2,944.8 Bitcoins as of April 30, 2025, up from 2,474.8 Bitcoins at the end of March [2] - The decline in production was attributed to a significant surge in the global hashrate, which led to an 8% increase in mining difficulty compared to March [3] Production and Performance - Average daily Bitcoin production in April was 15.7, down from 17.1 in March [1] - The deployed hashrate remained stable at 32 EH/s, while the average operating hashrate decreased slightly to 29.9 EH/s from 30.3 EH/s in March [2] Strategic Positioning - Cango's Bitcoin holdings are valued at approximately $279 million, indicating confidence in long-term value generation despite short-term production fluctuations [3] - The company has been expanding its operations in the crypto assets market since November 2024, driven by advancements in blockchain technology and the growing prevalence of crypto assets [4]

Vancouver, BC, April 30, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR / OTCQB: SBLCF) (“Spirit” or the “Company”) announces that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the fiscal year ended December 31, 2024. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and were audited by SCRO, Chartered Professional Accountants. As part of the audit, the ...

Core Viewpoint - Cango Inc. is rapidly expanding in the Bitcoin mining industry, with a strong operational performance and positive projections for future growth, as highlighted by the initiation of coverage by Apollo Insights [1][2]. Group 1: Company Performance - Cango has achieved an average operating hash rate of 30.3 exahash/second (EH/s) in March 2025, ranking it joint second for the highest operating hashrate that month [2]. - The company has accumulated approximately 2,475 Bitcoin, valued at roughly US$211 million as of April 17, 2025, and has not sold any of its Bitcoin holdings [3]. - Cango ranks as the fifth-largest Bitcoin mining player by deployed hashrate, achieving 32 EH/s in just four months, with projections to reach 42 EH/s by the end of FY25E [3]. Group 2: Market Position and Strategy - Since entering the Bitcoin mining industry in November 2024, Cango has expanded its operations globally, with mining activities in the U.S. (38%), East Africa (37%), Oman (15%), Paraguay (9%), and Canada (1%) [4]. - The company operates a capital-light model, which has contributed to its operational efficiency and growth in Bitcoin holdings [3]. Group 3: Financial Projections - Cango has a market capitalization of $387.1 million, with a 12-month stock price range between $1.33 and $8.00 [7]. - Apollo Insights projects Cango's fiscal 2025E revenue and adjusted EBITDA to reach RMB3,913.2 million and RMB665.6 million, respectively [7]. - For fiscal 2026E, revenue and adjusted EBITDA are expected to increase to RMB4,644.6 million (an 18.7% year-over-year increase) and RMB1,185.2 million (a 78.1% year-over-year increase) [7].