Corporate Events - Color Star Technology Co., Ltd. will change its corporate name to Zeta Network Group and its stock ticker symbol to "ZNB" effective August 22, 2025 [1] - The company will implement a 25-for-1 reverse share split, reducing the number of Class A Ordinary Shares from approximately 14.6 million to about 585,000 and Class B Ordinary Shares from 12,000 to approximately 480 [2] - The authorized capital after the reverse split will be USD$32 million, divided into 11.2 billion Class A Ordinary Shares and 1.6 billion Class B Ordinary Shares, both with a par value of USD$0.0025 per share [2] Trading Information - Class A Ordinary Shares will begin trading on a split-adjusted basis under the new ticker symbol "ZNB" on the Nasdaq Capital Market on August 22, 2025 [5] - The shares will cease trading under the current ticker symbol "ADD" and will have a new CUSIP number, G2287A134 [5] Company Overview - Color Star Technology Co., Ltd. operates in the entertainment and education sectors, providing online entertainment performances and music education services through its subsidiaries [6] - The company has recently commenced operations in cryptocurrency mining in Kazakhstan, indicating a shift in its business strategy [6]

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Core Insights - BIT Mining Limited reported a significant decline in financial performance for the six months ended June 30, 2025, with total revenues of US$11.0 million, down 43.3% from US$19.4 million in the same period of 2024 [11][20][30] - The company is strategically shifting its focus towards the Solana ecosystem, having acquired $7.1 million worth of SOL and launched a self-operated validator node [3][24] Financial Performance - Revenues for the self-mining business were US$4.6 million, while the data center business generated US$6.4 million [6] - Operating costs and expenses increased to US$24.5 million, up 12.4% from US$21.8 million in the previous year [12] - The operating loss was US$13.9 million, compared to a loss of US$0.5 million in the same period of 2024 [18][30] - Net loss attributable to BIT Mining was US$13.9 million, a stark contrast to a net income of US$18.9 million in the prior year [20][21] Cryptocurrency Operations - The total hash rate capacity for DOGE/LTC mining machines was approximately 8,149.73 GH/s, producing 10.5 million DOGE and 2,980 LTC [7] - The BTC mining operations produced 17.3 BTC, generating approximately US$1.7 million in revenue [9] - The company reported a decrease in cryptocurrency assets to US$3.6 million as of June 30, 2025, down from US$9.6 million at the end of 2024 [23] Data Center Operations - The Ohio Mining Site's 82.5 megawatt space generated approximately US$6.4 million in service fee revenue, a decrease of US$3.9 million compared to the previous year [10] - The decline in revenue was attributed to discounts on hosting fees to retain customers [10] Strategic Initiatives - The company completed the acquisition of a 51% equity interest in a cryptocurrency mining data center in Ethiopia and is expanding its operations into the Solana ecosystem [2][3] - BIT Mining aims to optimize treasury efficiency and support its strategic shift towards sustainable value creation [24]

U.S. social media company Thumzup (NASDAQ: TZUP) has completed a secondary public offering under an effective shelf registration, raising approximately $50 million to expand into cryptocurrency mining and acquire a diversified reserve of digital assets, including BTC, ETH, SOL, XRP, and LTC. https://t.co/MFn6ZFmHkQ ...

Core Viewpoint - Abits Group Inc reported a half-year operating profit of $2.138 million for the period ending June 30, 2025, marking a nearly 6% improvement from the previous year despite a significant reduction in bitcoin mining output due to halving rewards [1][2]. Financial Performance - The average price of bitcoins increased to $95,843 in 2025 from $59,628 in 2024, which helped offset the decline in mining output [2]. - The company recorded a loss before interest and taxation of $0.25 million, compared to a loss of $0.14 million in 2024, primarily due to higher depreciation charges [2]. - The operating result before taxation was a loss of $0.34 million, up from a loss of $0.14 million in the same period last year [2]. Mining Operations - The main mining site in Duff, Tennessee is operating optimally with a load of 12mW and an output of approximately 500 pH/s [3]. - The company successfully installed two water wells, reducing water bills by $25,000 per month [3]. - The Memphis hosting facility, which operates under a joint venture, has installed about 2,600 S19XPs since April 2025, contributing an output of approximately 300 pH/s [4]. Cash Flow and Assets - The company sold 27.15 bitcoins for $1.96 million as of June 30, 2025, to meet working capital requirements [5]. - An external loan of $3.0 million was taken in March 2025 to finance the Memphis hosting facility [5]. - As of June 30, 2025, total current assets were $687,934, down from $1,677,636 at the end of 2024 [9]. Future Outlook - The company anticipates an improvement in the second half of 2025 as the Memphis hosting facility becomes fully operational, provided there are no sharp declines in bitcoin prices [6].

Company Overview - Digi Power X Inc. is an innovative energy infrastructure company focused on developing data centers to support the expansion of sustainable energy assets [2][3]. Financial Results Announcement - The company plans to announce its financial results for the quarter ended June 30, 2025, after markets close on August 14, 2025 [2]. Operations Update - Along with the Q2 2025 interim financial results, the company will provide an update on its operations [2]. Forward-Looking Information - The news release contains forward-looking information regarding expectations for patent issuance, deployment of NVIDIA Blackwell 200 GPUs, and potential improvements in profitability and efficiency [4][5]. - The company anticipates long-term growth and a clean energy strategy as part of its business goals [4]. Risks and Assumptions - Factors that could affect actual results include uncertainties related to patent applications, equipment delivery timelines, capital needs, and cryptocurrency market volatility [4][5]. - The company has made several assumptions regarding profitability in cryptocurrency mining, the ability to liquidate digital currency inventory, and maintaining reliable power sources [5].

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Core Insights - The company reported a Bitcoin treasury valued at approximately $17.8 million as of July 31, 2025, equating to $3.46 per share based on a Bitcoin price of around $118,100 [1][3]. Bitcoin Mining Operations - In July 2025, the company mined 5.9 Bitcoin, a 7% increase from June 2025's 5.5 Bitcoin [2]. - The company sold 11.0 Bitcoin in July 2025, compared to 5.0 Bitcoin sold in June 2025 [2]. - The company's Bitcoin holdings decreased from 155.5 Bitcoin in June 2025 to 150.4 Bitcoin in July 2025 [2]. Operational Capacity - The total number of operational machines remained constant at 4,320 in both June and July 2025 [2]. - The total number of machines, including storage, was 5,538 in both months [2]. - The company's hashrate remained stable at 0.60 EH/s in July 2025 [2]. Financial Performance - The company experienced a 20% growth in energy revenue in July 2025, attributed to the reinvestment of treasury assets into operations [3]. - The stock share price was reported at $2.12 as of July 31, 2025 [3].

Core Viewpoint - BTC Digital Ltd. is urging shareholders to vote ahead of the rescheduled extraordinary general meeting on August 22, 2025, emphasizing the importance of participation from shareholders with smaller positions to ensure the approval of the company's proposals [1][2][6]. Company Information - BTC Digital Ltd. is a blockchain technology company focused on creating value in the metaverse, blockchain, and cryptocurrency mining sectors. The company aims to develop blockchain-related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool operations, and miner accessories [3]. Meeting Details - The extraordinary general meeting will take place on August 22, 2025, at 9:30 a.m. Eastern Time, with no changes to the physical location, record date, or proposals to be acted upon [1][3]. - Shareholders who held BTCT shares on June 27, 2025, retain their voting rights, even if they have sold their shares since that date [2][6]. Proxy Solicitation - The company has engaged Advantage Proxy, Inc. to assist in soliciting proxies from shareholders prior to the meeting. The total fee for this service is $11,500, plus associated disbursements [4]. - The company will cover all costs related to the solicitation of proxies from its working capital [4]. Voting Importance - The majority of votes received so far are in favor of the company's proposals, but more votes are needed to reach the quorum required to hold the meeting. Every vote is crucial to avoid further delays and additional solicitation costs [6].

Core Insights - CleanSpark (CLSK) is set to report its third-quarter fiscal 2025 results on August 7, with expected revenues of $195.1 million, indicating an 87.4% year-over-year increase [1] - The consensus estimate for earnings is at break-even, which is a 2-cent improvement compared to the previous 30 days, while the company reported earnings of 1 cent in the same quarter last year [1] Financial Performance - CleanSpark has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average negative earnings surprise of 59.29% [2] - The company produced a total of 2,012 Bitcoins in fiscal Q3, with total holdings reaching 12,608 as of June 30 [8] Strategic Factors - The fiscal third-quarter performance is anticipated to benefit from strategic investments in energy-efficient infrastructure, with a total contracted power capacity of approximately 915 megawatts across the U.S. [4] - CleanSpark's hashrate reached a record 50 EH/s in the upcoming quarter, with operating mining units capable of producing over 42.4 EH/s [5] Monetization Strategy - The transition from a nearly 100% HODL Bitcoin treasury approach to a balanced monetization strategy has been a key catalyst, with the company selling 578.51 Bitcoins in the upcoming quarter [6] - The focus on achieving a low marginal cost per Bitcoin is expected to enhance profitability in the fiscal third quarter [6] Earnings Expectations - CleanSpark currently has an Earnings ESP of +2000.02% and a Zacks Rank of 2, indicating a strong likelihood of an earnings beat [7]