CleanSpark (NasdaqCM:CLSK) Q4 2025 Earnings Call November 25, 2025 04:30 PM ET Company ParticipantsHarry Sudock - Chief Business OfficerReggie Smith - Executive Director of Equity ResearchBrett Knoblauch - Managing Director of Crypto and Digital Assets ResearchJon Hickman - Managing Director of Equity ResearchMatt Schultz - Chairman and CEOJohn Todaro - Managing DirectorBrian Dobson - Managing Director of Disruptive Technology Equity ResearchGary Vecchiarelli - President and CFOConference Call ParticipantsP ...

Predictive Oncology (NasdaqCM:POAI) Q3 2025 Earnings Call November 17, 2025 09:00 AM ET Company ParticipantsRaymond Vennare - CEOJosh Blacher - CFOKyle Okamoto - CTO and AI General ManagerTom McLaughlin - CIOOperatorBefore we begin, let me quickly remind you that during the course of this presentation, the company will make forward-looking statements. We caution you that any statement that is not a statement of historical fact is a forward-looking statement. This includes remarks about the company's project ...

Core Viewpoint - Predictive Oncology has initiated a digital asset treasury strategy focused on the Aethir ecosystem and its native utility token, ATH, aiming to enhance access to affordable AI infrastructure and drive innovation in drug discovery [3][5][11]. Q3 2025 and Recent Highlights - The company reported a significant development in September 2025, launching a digital asset treasury strategy centered on ATH, which is expected to democratize AI access and address the demand for advanced computing power [3][5]. - Predictive Oncology's partnership with Aethir aims to leverage the latter's decentralized GPU network to provide enterprise-grade AI solutions at lower costs [3][5]. - The company appointed Shawn Matthews to its Board of Directors, enhancing its leadership team [5]. Q3 2025 Financial Summary - The company raised approximately $50.8 million in cash and received in-kind contributions of ATH valued at about $292.7 million through private placements [5]. - As of November 10, 2025, Predictive Oncology held approximately 5.70 billion ATH, with a market value of around $152.8 million, based on a price of $0.0268 per ATH [5]. - The company aims to utilize ATH to create a Strategic Compute Reserve, facilitating enterprise demand for computing power [5][11]. Q3 2025 Financial Results - For the quarter ended September 30, 2025, the company reported revenue of $3,618, a slight decrease from $3,907 in the same period of 2024 [10][17]. - General and administrative expenses increased to $2.6 million, primarily due to higher legal fees and stock-based compensation [10][17]. - The company recorded a net loss of $77.65 million for the quarter, significantly higher than the loss of $3.09 million in Q3 2024, largely due to a derivative liability of $74.4 million related to the digital asset strategy [10][17]. Balance Sheet Overview - As of September 30, 2025, the company had total assets of approximately $3.14 billion, down from $4.97 billion as of December 31, 2024 [14][15]. - Current liabilities increased significantly to approximately $79.49 million, compared to $3.59 million at the end of 2024 [15]. - The stockholders' deficit improved to $77.43 million from $202.61 million as of December 31, 2024 [15].

Core Insights - SBI Holdings has made a strategic investment in AI2 Incubator Fund III to enhance its access to emerging AI technologies and foster collaboration with early-stage startups [2][3] - The investment aligns with SBI's long-term strategy to integrate artificial intelligence into its Web3 and digital asset businesses [1][4] Investment Overview - The investment was announced on October 23 and was made through SBI Holdings USA, Inc. [2] - AI2 Incubator focuses on commercializing advanced AI research, particularly in areas like natural language processing and autonomous AI agents [3] Strategic Positioning - SBI is the only strategic investor from Japan in the AI2 Incubator, gaining joint investment rights in promising AI startups [3] - The investment provides access to a network of entrepreneurs and venture capital partners in the US, including connections through the Seattle-based "AI House" [7] AI and Blockchain Integration - The investment may have implications for SBI's Web3 initiatives, as the company is already active in Japan's blockchain sector [4] - Analysts suggest that AI capabilities could enhance decentralized finance (DeFi) and digital asset management, combining blockchain transparency with AI analytics [5][6] Industry Trends - The investment reflects a global trend where financial institutions are leveraging AI and blockchain to improve competitiveness and infrastructure reliability [8]

Core Insights - CleanCore Solutions, Inc. has established partnerships with U.S. Triestina 1918 and HC Sierre Hockey Club, marking a strategic move to integrate Dogecoin into global sports and everyday payments [1][2] - The investments aim to connect digital assets with sports, allowing fans to use Dogecoin for tickets, concessions, and merchandise, thereby enhancing fan experiences and promoting community ownership [2][3] - The Official Dogecoin Treasury, backed by CleanCore and the Dogecoin Foundation, is designed to provide stability and transparency to the Dogecoin ecosystem, facilitating institutional participation and real-world use cases for Dogecoin [3][5] Company Overview - CleanCore Solutions, Inc. focuses on revolutionizing cleaning practices through patented aqueous ozone technology, aiming for sustainable and cost-effective solutions [4] - House of Doge, the corporate arm of the Dogecoin Foundation, is dedicated to advancing Dogecoin as a decentralized global currency, investing in infrastructure for everyday commerce and developing financial products [5]

Core Insights - CleanCore Solutions, Inc. has established partnerships with U.S. Triestina 1918 and HC Sierre Hockey Club, marking a strategic move to integrate Dogecoin into global sports and everyday payments [1][2] - The investments aim to connect digital assets with sports, allowing fans to use Dogecoin for tickets, concessions, and merchandise, thereby enhancing fan experiences and promoting community ownership [2][3] - The Official Dogecoin Treasury, backed by CleanCore and the Dogecoin Foundation, is designed to provide stability and transparency to the Dogecoin ecosystem, facilitating institutional participation and real-world use cases for Dogecoin [3][5] Company Overview - CleanCore Solutions, Inc. focuses on revolutionizing cleaning practices through patented aqueous ozone technology, aiming for sustainable and cost-effective solutions [4] - House of Doge, the corporate arm of the Dogecoin Foundation, is dedicated to advancing Dogecoin as a decentralized global currency, investing in infrastructure for everyday commerce and developing financial products [5]

🚨JUST IN: @MEMENTO_BC ADOPTS @CHAINLINK CCIP TO ENABLE CROSS-CHAIN INTEROPERABILITY FOR INSTITUTIONAL DIGITAL ASSET MANAGEMENT ...

Core Insights - The merger between House of Doge and Brag House aims to enhance Dogecoin's mainstream adoption and institutional utility, creating a scalable financial ecosystem [1][3][5] Transaction Highlights - The merger is a reverse takeover where Brag House will acquire House of Doge, with both Boards of Directors unanimously approving the agreement [1][3] - The combined entity will leverage over $50 million in investment capital and 837 million Dogecoin to create a multi-revenue stream digital asset management platform [3][4] - The transaction is expected to close early in 2026, subject to customary conditions and shareholder approval [8] Strategic Partnerships - House of Doge has established a 20-year exclusive partnership with the Dogecoin Foundation, enhancing the framework for a transparent and yield-producing Dogecoin economy [4][6] - Partnerships with 21Shares, Robinhood, and CleanCore Solutions are set to introduce regulated investment products and yield strategies, positioning Dogecoin as a financial asset [4][12][18] Governance Structure - Marco Margiotta, CEO of House of Doge, will lead the combined entity, ensuring continuity and strategic alignment [9][10] - The Board of Directors will consist of seven members, with six appointed by House of Doge, maintaining a strong governance structure [10] Market Positioning - The merger aims to connect Gen Z with the gaming, college sports, and digital media ecosystems, driving cultural adoption of Dogecoin [7][19] - The combined entity will focus on creating new financial products and services that enhance Dogecoin's accessibility and institutional support [5][19] Financial Infrastructure - House of Doge has launched the Official Dogecoin Treasury, currently holding over 730 million Dogecoin, which serves as a cornerstone for its financial infrastructure [17] - The partnership with Robinhood aims to develop secure, yield-bearing financial products, making Dogecoin an accessible asset for global investors [18]

Two of the largest publicly traded Bitcoin mining companies are taking opposite approaches to their digital asset holdings. CleanSpark is building one of the largest self-mined Bitcoin treasuries in the sector, while rival Riot Platforms continues to sell a portion of its production to generate cash flow. CleanSpark, listed on Nasdaq under CLSK, reported holding 13,011 Bitcoin at the end of September 2025, worth roughly $1.6 billion at prevailing market prices. The company produced 629 Bitcoin during th ...

Core Insights - CleanSpark, Inc. has achieved significant growth in its Bitcoin treasury, surpassing 13,000 self-mined BTC, with year-over-year increases of over 27% in monthly production and 26% in fleet efficiency [1][5] - The company concluded a transformative fiscal year with record milestones, strategic acquisitions, and enhanced financial flexibility, positioning itself for future growth [2][5] Fiscal Year 2025 Overview - Fiscal Year 2025 was pivotal for CleanSpark, characterized by strategic accomplishments, leadership transitions, and increased financial flexibility, setting the stage for success in fiscal 2026 [2] - The mining operating business is now performing at scale, indicating a strong foundation for future growth [2] Leadership and Management - The leadership team combines deep operational, technical, and financial expertise to guide growth at scale, with key appointments including Matt Schultz as CEO and Chairman, Gary A. Vecchiarelli as CFO, and others [3][5] Bitcoin Mining Highlights - In September 2025, CleanSpark produced 629 BTC, with a peak single-day production of 21.71 BTC and an average daily production of 20.95 BTC [4] - For the calendar year 2025, the total Bitcoin produced reached 5,925 BTC [4] Hashrate and Operational Metrics - CleanSpark achieved hashrate milestones of 30 EH/s in October 2024 and 50 EH/s in June 2025, becoming the first publicly traded Bitcoin miner to reach these levels using fully self-operated data centers [5] - As of September 30, 2025, the average operating hashrate was 45.6 EH/s, with a peak efficiency of 16.07 J/Th [6] Financial and Treasury Metrics - The company built a leading Bitcoin treasury of over 13,000 BTC, with 2,583 BTC posted as collateral or receivable [6] - CleanSpark executed multiple financing milestones, including a $650 million convertible note offering at a 0% interest rate and $400 million in Bitcoin-backed credit facilities [5][6] Power Portfolio and Utilization - CleanSpark has 1.03 GW under contract and utilized 808 MW to support its operational hashrate [6]