In just 3 months, CoreWeave CEO, once a crypto-mining bro, becomes a deca-billionaire | TechCrunch https://t.co/RIWoJXx0mf ...

The Daily: Metaplanet surpasses Tesla in BTC holdings, Bit Digital gives up on Bitcoin mining for Ethereum treasury play, and more https://t.co/9i1gni5XKM ...

RETRANSMISSION: HIVE Achieves FY2025 Total Revenue of $115.3 Million and $56.2 Million Adjusted EBITDA with 1,414 Bitcoin Mined and 3x Growth in AI GPU RevenueJune 26, 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, Texas--(Newsfile Corp. - June 26, 2025) ...

Core Insights - HIVE Digital Technologies Ltd. reported total revenue of $115.3 million for FY2025, with a significant contribution from digital currency mining and high-performance computing (HPC) services [6][3] - The company achieved adjusted EBITDA of $56.2 million, representing 48.7% of total revenue, despite a net loss of $3.0 million [6][3] - HIVE's Bitcoin production reached 1,414 Bitcoin, while HPC revenue grew approximately threefold year-over-year to $10.1 million [6][3] Financial Highlights - Total revenue for FY2025 was $115.3 million, with digital currency mining revenue at $105.2 million, down 5.2% year-over-year [6] - HPC/AI Cloud revenue was $10.1 million, a 194% increase from $3.4 million in FY2024 [6] - Gross operating margin was $25.1 million, equating to 21.8% [6] - General and administrative expenses rose to $16.6 million from $13.2 million in FY2024 due to increased staffing for global expansion [6] - Total digital currency assets were valued at $181.1 million, including 2,201 Bitcoin [6] Management Insights - The company expanded its operational hashrate from 4.5 EH/s to 6.3 EH/s, a 40% increase, despite challenges from the Bitcoin halving [7] - HIVE acquired 300 MW of hydro-powered green energy sites in Paraguay, enhancing its leadership in sustainable mining [7] - The company aims to scale its Bitcoin mining business to 25 EH/s by December 31, 2025, and continues to grow its Buzz HPC business [7] - HIVE transitioned its financial reporting from IFRS to US GAAP to align with strategic objectives and enhance comparability with U.S. peers [7] Q4 FY2025 Highlights - Q4 total revenue was $31.2 million, with digital currency mining revenue at $28.1 million, reflecting a 5.5% sequential increase [8] - General and administrative expenses for Q4 were $5.3 million, up from $4.6 million in Q3 FY2025 [8] - Bitcoin production in Q4 was 303 Bitcoin, down 6% sequentially due to increased hashrate difficulty [8] - Buzz HPC revenue reached a record $3.0 million in Q4, an 18.5% sequential increase [8]

Cassiar Gold Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 MillionJune 25, 2025 4:38 PM EDT | Source: Cassiar Gold Corp.Calgary, Alberta--(Newsfile Corp. - June 25, 2025) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announced that it has entered into an agreement with Red Cloud Securities Inc. (the "Agent") to act as sole agent and bookrunner in connection with a "best efforts" private placement (the "Marketed Offering") fo ...

Core Insights - CleanSpark achieved a significant milestone with a hashrate of 50 EH/s, leading to a 13% stock surge on June 24, 2025, and plans to scale to 60 EH/s, raising questions about its investment potential [2] - The company exhibits strong revenue growth, with a 90.1% increase in revenues over the past 12 months, reaching $537 million, significantly outpacing the S&P 500's growth [3] - CleanSpark's adjusted EBITDA margin stands at 65% for 2024, indicating solid underlying profitability despite a reported operating loss [4] - The company's financial stability is robust, with a moderate Debt-to-Equity Ratio of 23.1% and a strong cash position of $934 million [5] - CleanSpark's stock has shown weaker resilience during market downturns, with a 95.6% decline during the Inflation Shock of 2022, compared to a 25.4% decline in the S&P 500 [7] - The stock's performance is closely tied to Bitcoin's volatility, posing additional risks to its valuation [8] - Overall, CleanSpark demonstrates strong growth and adjusted profitability, with an average analyst price estimate of $20 suggesting a potential 2x upside from current levels [8]

“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 ...

Washington, D.C., USA, June 24, 2025 (GLOBE NEWSWIRE) -- As the U.S. Commodity Futures Trading Commission (CFTC) re-examines its attitude towards high-risk financial products, Coinbase is actively preparing to launch crypto perpetual futures, a move that also reflects the market's strong demand for innovative investment tools. However, regulators are still concerned that such products may bring excessive risks to retail investors. Against this backdrop, SIX MINING continues to provide users with a more robu ...

First publicly traded miner to reach this scale with fully self-operated infrastructure LAS VEGAS, June 24, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, today announced it has achieved its mid-year target of 50 exahashes per second (EH/s) of operational hashrate, a measure of computing power dedicated to mining Bitcoin. "As we look to the future, CleanSpark has laid the foundation to achieve 60 EH/s and beyond. This expansion capacity aligns with the Company's broader stra ...

Successfully energizes 300 MW Black Pearl site Commences hashing at 150 MW Black Pearl Phase I Total Cipher hashrate currently at ~16 EH/s and expected to increase to ~23.1 EH/s during the third quarter NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leader in the development of industrial-scale data centers, today announced the successful energization and commencement of hashing at its Black Pearl site. Hashrate currently generated at the site is ...