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Coeptis Receives Shareholder Approval Towards Z Squared Merger
Globenewswire· 2026-02-05 21:00
WEXFORD, Pa., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) (“Coeptis” or the “Company”), a next-gen technology and biopharmaceutical company, today announced that its shareholders have voted to approve the previously announced merger with Z Squared Inc. The transaction was approved on January 30, 2026, by Coeptis’ shareholders. In connection with the consummation of the business combination, Z Squared will become a wholly owned subsidiary of Coeptis. The transaction r ...
LM Funding America Announces January 2026 Production and Operational Update
Globenewswire· 2026-02-05 13:00
- Bitcoin treasury as of January 31, 2026 was 364.1 BTC valued at $29.1 million or $1.36 per share1 TAMPA, Fla., Feb. 05, 2026 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended January 31, 2026. MetricDecember 2025January 2026- Bitcoin2 - Mined, net7.57.8<td style="border-top: solid black 1pt ; border-right: solid black 1pt ; ...
Gold At $5,000! So What Happens Next?
Seeking Alpha· 2026-01-28 01:51
Gold is on a historic run. After hitting more than 50 new all-time highs last year, the yellow metal has surged to a new all-time high above $5,000 an ounce, a once-unthinkable amount. It's now doubled in value since SeptemberFrank Holmes is a Canadian-American investor, venture capitalist and philanthropist. He is CEO and chief investment officer of U.S. Global Investors, a publicly traded investment company based in San Antonio, TX, that oversees more than $4 billion in assets (Nasdaq: GROW). He is known ...
Some Good News May Be Emerging for Bitcoin Miners
Etftrends· 2026-01-26 19:20
Core Insights - Cryptocurrency mining equities are experiencing significant growth at the beginning of 2026, indicating a strong market trend for this sector [1] Industry Summary - The CoinShares Valkyrie Bitcoin Miners ETF (WGMI) is highlighted as a leading exchange-traded fund (ETF) that reflects the performance of the cryptocurrency mining industry [1]
Bitcoin Miner Canaan Has 180 Days to Escape Nasdaq Delisting — Will It Survive?
Yahoo Finance· 2026-01-16 21:00
Core Viewpoint - Canaan is facing challenges to maintain its Nasdaq listing due to its stock price falling below the minimum bid price of $1 for 30 consecutive business days, triggering a 180-day compliance period [1] Group 1: Compliance and Listing Status - Nasdaq issued a formal notice to Canaan regarding its shares being listed below the minimum bid price, activating a compliance period ending July 13, 2026 [1] - The notice does not have an immediate effect on the listing or trading of Canaan's American depositary shares, which will continue to be traded on the Nasdaq Global Market during the compliance period [2] - To regain compliance, Canaan's stock must close at or above $1 for at least 10 consecutive business days before the end of July, or the company may seek another grace period [3] Group 2: Stock Performance and Market Sentiment - Canaan's shares are currently trading around $0.79, significantly below $1, and have not traded above $5 since 2022, with the stock losing more than half its value over the past year [4] - Despite some short-term rebounds, the overall trend for Canaan's stock has been negative, reflecting investor skepticism [4] Group 3: Operational Performance and Financials - Canaan reported a significant operational improvement in 2025, including a major hardware purchase of 50,000 Avalon A15 Pro mining rigs, but this did not lead to sustained stock performance [5] - Investor confidence was further shaken when Streeterville Capital, Canaan's largest institutional holder, sold its entire position, raising concerns about liquidity and long-term profitability [6] - Financially, Canaan's revenue surged over 2.5 times year-over-year in Q3 2025 to $150.5 million, yet the company still reported a net loss of $27.7 million [7]
Canaan Inc. Provides December 2025 Bitcoin Production and Mining Operation Updates
Prnewswire· 2026-01-14 14:05
Core Viewpoint - Canaan Inc. has demonstrated significant growth in its bitcoin mining operations, with a notable increase in deployed hashrate and cryptocurrency treasury, despite a challenging macroeconomic environment [2][5]. Group 1: Mining Operations - The operating hashrate increased by 61% year-over-year, while the installed hashrate grew by 82%, significantly outpacing the global Bitcoin network's approximately 34% hashrate growth [2]. - Canaan mined 86 BTC in December 2025, ending the year with a total of 1,750 BTC and 3,951 ETH, marking a 35% increase in BTC holdings from 1,293 BTC as of December 31, 2024 [3][4]. - The global average miner efficiency improved to 24.3 J/TH, with installed power capacity reaching 250.4 MW by the end of December 2025 [2][8]. Group 2: Treasury Management - Throughout 2025, Canaan's treasury strategy focused on operational reinvestment and reserve scaling, adding 1,091 BTC through mining operations and 128 BTC through market purchases [3]. - The company deployed 776 BTC for power-related expenditures and received 13 BTC from sales-related income, contributing to a disciplined treasury approach [5]. - The year-end cryptocurrency positions represent a historical high for Canaan, providing financial flexibility for future initiatives [5]. Group 3: Energy Efficiency Initiatives - Canaan is advancing energy-efficiency initiatives, including a 3.0 MW proof-of-concept project in Manitoba, Canada, aimed at recovering heat from computing systems for greenhouse operations [13]. - The company is focused on optimizing fleet operations and miner efficiency to adapt to fluctuations in mining economics [2]. Group 4: Corporate Updates - On December 17, 2025, Canaan announced the renewal of a US$30 million share buyback program, reflecting management's confidence in the company's financial position and long-term growth [12].
Applied Digital Shares Surge on Bright Outlook. Is It Too Late to Buy the Stock?
The Motley Fool· 2026-01-11 20:30
Core Insights - Applied Digital has experienced significant stock performance, with shares increasing approximately 250% over the past year, driven by strong revenue growth and advanced discussions with hyperscalers for data center capacity [1][2][8] Company Overview - Applied Digital operates as a specialized real estate company focused on AI infrastructure, recently announcing a spin-off of its cloud computing business to merge with EKSO Bionics, forming a new entity called ChronoScale [3] - The company builds and operates data centers specifically designed for AI workloads, leveraging its historical experience in Bitcoin mining to secure access to low-cost power [4] Financial Performance - In fiscal Q2, Applied Digital reported a revenue increase of 250% to $126.6 million, with the high-performance computing (HPC) segment contributing $85 million, primarily from tenant fit-out services [5] - The data center hosting business saw a 15% revenue growth to $41.6 million, with an operating income of $16 million [6] - Adjusted net income was reported at $0.1 million, with adjusted EBITDA rising to $20.2 million from $6.1 million year-over-year [7] Growth Prospects - The company is in advanced discussions for 900 megawatts of power across multiple sites, which is expected to drive future growth [8] - Current HPC capacity is at 100 megawatts, with plans to expand to 400 megawatts for CoreWeave by the end of 2027, and an additional 200 megawatts commitment from another customer [9] - Financing is in place for these projects, which are anticipated to yield significant growth if returns and operating leverage are demonstrated [10]
BGIN BLOCKCHAIN LIMITED Announces Share Purchases by Chairman and Independent Director
Globenewswire· 2026-01-08 21:15
Core Insights - BGIN Blockchain Limited announced that its chairman Oisin Li and independent director Paul Tsang purchased additional Class A ordinary shares, indicating their confidence in the company's long-term prospects [1][2]. Share Purchases - Oisin Li acquired 60,000 Class A ordinary shares at an average price of US$3.7 per share, while Paul Tsang purchased 8,100 Class A ordinary shares at an average price of US$2.85 per share [2]. Company Strategy - Oisin Li expressed strong conviction in BGIN's direction and long-term potential, highlighting the company's strategy to become an infrastructure player within the Bitcoin ecosystem [3]. - The company aims to address a notable gap between current share prices and its anticipated long-term value [3]. Company Overview - BGIN Blockchain Limited is a digital asset technology company specializing in proprietary cryptocurrency mining technologies and manufacturing mining hardware [3]. - The company focuses on making crypto mining accessible to all, developing innovative products for various market needs, from beginners to large-scale industrial miners [3].
Flexible Bitcoin Miners Likely to Be Industry Leaders this Year
Etftrends· 2026-01-08 16:56
Core Insights - The cryptocurrency mining industry is undergoing significant changes that are impacting various stocks and ETFs, particularly the CoinShares Valkyrie Bitcoin Miners ETF (WGMI) [1] Group 1: Performance and Transition - WGMI has transitioned from being a pure play bitcoin miner ETF, which could favor investors in the future [2] - Over the three years ending December 31, 2025, WGMI was the best-performing non-leveraged ETF, achieving a remarkable return of 760%, significantly outperforming the next-best ETF which gained 542% [2] Group 2: AI and HPC Integration - Companies in the crypto mining sector are shifting towards AI and hyper-performance computing (HPC), leveraging their existing competencies and technologies for data center applications [3] - The integration of AI is crucial for diversifying revenue sources and ensuring long-term growth for miners within the WGMI portfolio [3][4] Group 3: Market Positioning and Risks - Bitcoin miners are increasingly positioning themselves as power and rackspace operators, targeting AI customers to generate more stable cash flows compared to traditional bitcoin mining [5] - The shift towards AI raises the standards for miners, necessitating proof of legitimacy in the AI space to attract investor confidence [5] Group 4: ETF Advantages - WGMI offers a broad approach to the intersection of AI and mining, helping to mitigate risks associated with selecting individual stocks that may lack adequate AI exposure [6] - The data center space is becoming a premium asset, with top sites being highly sought after by hyperscalers, cloud firms, and AI startups [6] Group 5: Notable Holdings - Some of WGMI's largest holdings, such as IREN, Cipher Mining, and Applied Digital, are demonstrating credible transitions towards AI [7]
Bitcoin Miners Shift From Crypto to AI Data Centers
Etftrends· 2026-01-07 20:43
Core Insights - Bitcoin miners are transitioning from cryptocurrency mining to high-performance computing infrastructure, with mining revenue expected to drop from approximately 85% of total revenue in early 2025 to less than 20% by the end of 2026 for companies with AI contracts [1] - This shift indicates a move from low-margin mining operations to high-margin data center contracts, with companies generating 80% to 90% operating margins from AI deals compared to the thin margins of Bitcoin mining [2] Financial Projections - By October 2025, Bitcoin miners had secured $65 billion in contracts with major technology companies and cloud service providers, with AI contracts generating three times the revenue per megawatt compared to traditional mining [3] Company Developments - Six publicly traded mining companies have announced high-performance computing contracts: Core Scientific, Cipher Mining, TeraWulf, Applied Digital, Galaxy Digital, Iris Energy, and Bit Digital [4] - Despite the pivot to AI, publicly traded mining companies increased their Bitcoin mining operations in 2025, adding more computing power in the first nine months than in the same period of 2024, driven by equipment orders placed in 2024 [5] Investment Opportunities - The CoinShares Bitcoin Mining ETF (WGMI) offers exposure to this evolving sector, investing at least 80% of its net assets in companies deriving at least 50% of their revenue from Bitcoin mining or related services, with an expense ratio of 0.75% and a return of 72.05% over the past year [6]