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Enlightify Inc. Notifies New York Stock Exchange of Intent to Cure Price Deficiency
Globenewswire· 2025-09-10 21:00
XI’AN, CHINA, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”) has notified the New York Stock Exchange (“NYSE”) that it intends to cure the price deficiency that resulted from the fact that the 30-trading-day average closing price per share of the Company’s common stock was below $1.00, which is the minimum average share price required for continued listing under NYSE rules. Under NYSE rules, the Company has six months (subject to possible extension) to regain ...
Enlightify Inc. Notifies New York Stock Exchange of Intent to Cure Price Deficiency
Globenewswire· 2025-09-10 21:00
XI’AN, CHINA, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”) has notified the New York Stock Exchange (“NYSE”) that it intends to cure the price deficiency that resulted from the fact that the 30-trading-day average closing price per share of the Company’s common stock was below $1.00, which is the minimum average share price required for continued listing under NYSE rules. Under NYSE rules, the Company has six months (subject to possible extension) to regain ...
Hyperscale Data Reaches 8.1% of Market Capitalization in Bitcoin Holdings Through Mining Operations
Prnewswire· 2025-09-05 10:30
Core Viewpoint - Hyperscale Data, Inc. has announced that its subsidiary Sentinum, Inc. has accumulated Bitcoin holdings equivalent to approximately 8.1% of the company's current market capitalization, all earned through mining operations without purchasing from the open market [1][2]. Group 1: Bitcoin Accumulation Strategy - The company's strategy involves mining and retaining all Bitcoin produced until the holdings equal 100% of its market capitalization, reinforcing the belief that Bitcoin serves as a long-term store of value [2][3]. - As of now, the company is nearing 10% of its market capitalization in Bitcoin holdings through mining, marking a significant milestone in its strategy [3]. Group 2: Business Operations and Growth - The Bitcoin accumulation strategy is positioned as a complement to the company's core business, which includes expanding its AI data center operations in Michigan and planned growth in Montana [3]. - The company aims to combine digital asset reserves with advanced AI computing facilities to strengthen its balance sheet and establish itself as a leader in the convergence of AI and blockchain technologies [3]. Group 3: Future Plans and Divestiture - Hyperscale Data expects to divest Ault Capital Group, Inc. in the first quarter of 2026, transitioning to a focus on data center operations and digital asset holdings [6]. - The divestiture will involve an exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG upon completion [7].
Enlightify Inc. Receives Continued Listing Standards Notice from the New York Stock Exchange
Globenewswire· 2025-09-02 21:00
Core Points - Enlightify Inc. has been notified by the NYSE that its 30-trading-day average closing price per share is below $1.00, which is the minimum required for continued listing [1] - The company must notify the NYSE of its intent to cure the share price deficiency by September 11, 2025, and has six months to regain compliance [2] - The company's stock remains listed on the NYSE, and the notification does not impact its business operations or SEC reporting obligations [3] Company Overview - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its subsidiaries, including Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. and Beijing Gufeng Chemical Products Co., Ltd. [4] - In 2023, the company began purchasing digital asset mining machines and established Antaeus Tech Inc. to mine bitcoins in Texas [4]
Hyperscale Data Reports Weekly and Total $XRP Purchases and Total Bitcoin Holdings
Prnewswire· 2025-09-02 09:30
Core Viewpoint - Hyperscale Data, Inc. announced that its subsidiary Sentinum, Inc. has acquired 1,700 tokens of $XRP, increasing its digital asset holdings and providing transparency into its investment activities [1][4]. Group 1: Acquisition Details - Sentinum acquired 1,700 tokens of $XRP at an average price of $2.9439 per token, totaling approximately $5,000 [1]. - Following this acquisition, Sentinum's total holdings of $XRP reached 33,120 tokens, with a market value of $91,960.99 based on the closing price of $2.7766 on August 31, 2025 [2]. Group 2: Bitcoin Holdings - As of August 31, 2025, Sentinum holds 3.5966 Bitcoins, valued at $389,388.66 based on a closing price of $108,236.71 [3]. - The Bitcoins held by Sentinum were earned through hashing services provided to a mining pool, rather than being purchased on the open market [3]. Group 3: Future Reporting and Divestiture - The company plans to issue weekly press releases regarding Sentinum's $XRP acquisitions and Bitcoin holdings to maintain transparency [4]. - Hyperscale Data expects to divest Ault Capital Group, Inc. in the first quarter of 2026, which will position the company as a data center operator and digital asset holder [7].
Hyperscale Data Reports Approximately $1.8 Million in Bitcoin Mining Revenue for July 2025
Prnewswire· 2025-08-06 10:30
Company Overview - Hyperscale Data, Inc. is a diversified holding company that operates through its wholly owned subsidiary Sentinum, Inc., which focuses on Bitcoin mining and data center operations [4] - The company is also involved in colocation and hosting services for artificial intelligence ecosystems and other industries [4] Bitcoin Mining Operations - Sentinum received approximately 15.9 Bitcoin in July 2025, generating about $1.8 million in revenue for that month, and has mined approximately 119.6 Bitcoin year to date as of July 31, 2025 [1] - The company has installed around 6,800 Antminers in its data center, scaling its Bitcoin mining operations to nearly two exahash, indicating strong growth and a focus on operational efficiency [2] Financial Expectations and Divestiture - Hyperscale Data expects to complete the divestiture of Ault Capital Group, Inc. (ACG) around December 31, 2025, although completion is not guaranteed [5] - Following the divestiture, the company will focus on owning and operating data centers for high-performance computing services and holding digital assets [5] Shareholder Information - The company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG upon the divestiture [6]
Hut 8 Advances Capital Strategy with DIFC License
Globenewswire· 2025-07-22 10:30
Core Viewpoint - Hut 8 Corp. has secured a Commercial License in the Dubai International Financial Centre (DIFC), which is expected to enhance its treasury management, expand institutional reach, and improve capital efficiency [1][2][3] Group 1: DIFC License Impact - The DIFC license allows Hut 8 to engage in proprietary investments and non-financial commercial activities under a robust legal framework [1][2] - It represents a structural expansion of Hut 8's capital strategy, enabling the deployment of Bitcoin reserves into structured derivatives strategies [2][3] - The license is anticipated to broaden access to institutional counterparties, reduce trading friction, and lower transaction costs [2][3] Group 2: Financial Performance and Strategy - In fiscal year 2024, Hut 8 generated over $20 million in net proceeds from covered call options premiums on Bitcoin held in reserve [2] - The company aims to drive outsized shareholder returns through its integrated capital strategy, leveraging the DIFC license to access global derivatives markets directly [3][6] - The supportive regulatory environment in Dubai is expected to enhance compliance certainty and jurisdictional alignment for institutional digital asset activities [6] Group 3: Company Overview - Hut 8 Corp. operates as an energy infrastructure platform, focusing on Bitcoin mining and high-performance computing, with a total energy capacity of 1,020 megawatts across 15 sites in the U.S. and Canada [4] - The company adopts a power-first, innovation-driven approach to develop and operate critical infrastructure for energy-intensive technologies [4]
HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion Progresses
Newsfile· 2025-07-11 05:00
Core Insights - HIVE Digital Technologies has achieved a significant milestone by exceeding 12 Exahash per second (EH/s) in Bitcoin mining hashrate, doubling from 6 EH/s at the beginning of 2025, and has reached an annualized run rate revenue of $250 million [2][8] Company Performance - The company is rapidly expanding its operations in Yguazú, Paraguay, where it is constructing three hydro-powered data center campuses aimed at establishing the region as a hub for Bitcoin innovation and renewable infrastructure [3][9] - HIVE's Phase 2 expansion is progressing well, with 1 EH/s of next-generation Bitmain S21+ Hydro ASIC miners currently operational, and full deployment expected to reach 6.5 EH/s by late August 2025 [4][8] - The company anticipates achieving 18 EH/s by the end of summer 2025 and 25 EH/s by American Thanksgiving 2025 [4] Financial Metrics - As of the latest report, HIVE is mining over 6 Bitcoin (BTC) daily across its global operations, with a mining margin of approximately 55% [8] - Once the company reaches 18 EH/s, it expects to generate approximately $400 million in annual run rate revenue, with an anticipated fleet efficiency of 18.5 J/TH and mining margins approaching 60% after accounting for electrical costs [8] Industry Impact - HIVE's development in Paraguay is being recognized as a model for infrastructure execution, balancing rapid deployment with significant community impact, including job creation and regional infrastructure enhancement [9][11] - The company's efforts are not only focused on data center construction but also on delivering social benefits, such as improving local infrastructure and educational facilities [11]
VivoPower Commences $29 Million Shareholder Loan Financing Retirement Plan
Globenewswire· 2025-07-07 19:45
Core Viewpoint - VivoPower International PLC has initiated a shareholder debt principal reduction plan, with the first repayment made to AWN Holdings Limited, indicating institutional support for the company's growth objectives [1][3]. Group 1: Debt Reduction Plan - The independent directors of VivoPower approved the commencement of a debt principal reduction plan aimed at retiring the AWN shareholder loan, which had an unaudited balance of $28.8 million as of June 30, 2025 [2][3]. - The company’s objective is to fully retire the AWN shareholder loan, reflecting a long-term commitment to strengthening its balance sheet and optimizing its capital structure [3]. Group 2: Strategic Transformation - VivoPower is undergoing a strategic transformation to become the world's first XRP-focused digital asset enterprise, focusing on the acquisition and management of XRP digital assets [4]. - This new direction aims to support decentralized finance infrastructure and real-world blockchain applications, contributing to the growth and utility of the XRP Ledger [4]. Group 3: Company Overview - Founded in 2014 and listed on Nasdaq since 2016, VivoPower operates globally across various regions including the UK, Australia, North America, Europe, the Middle East, and Southeast Asia [5]. - The company has two business units: Tembo, which focuses on electric solutions for customized fleet applications, and Caret Digital, which is centered on renewable power use cases including digital asset mining [5].
Coeptis (COEP) Announces Filing of Registration Statement on Form S-4 with SEC in Connection with Proposed Transaction with Z Squared
Globenewswire· 2025-06-26 12:34
Company Overview - Coeptis Therapeutics Holdings, Inc. is a next-generation technology and biopharmaceutical company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases [3][4] - The company has a therapeutic portfolio that includes assets licensed from Deverra Therapeutics, featuring an allogeneic cellular immunotherapy platform and DVX201, a clinical-stage natural killer cell therapy technology [4] - Coeptis is also developing a universal, multi-antigen CAR technology licensed from the University of Pittsburgh, alongside GEAR cell therapy and companion diagnostic platforms in collaboration with VyGen-Bio and the Karolinska Institute [4] Recent Developments - Coeptis has filed a registration statement on Form S-4 with the SEC related to a proposed merger agreement with Z Squared Inc. [1][2] - The Form S-4 includes a preliminary proxy statement/prospectus regarding the proposed transaction, which has not yet become effective [2] Technology Division - Coeptis has established a Technology Division aimed at enhancing operational capabilities through advanced technologies, including AI-powered marketing software and robotic process automation tools acquired from NexGenAI Solutions Group [5] Z Squared Overview - Z Squared Inc. is focused on digital asset compute mining, primarily generating Dogecoin (DOGE) and other digital assets like Litecoin, with a market cap of $20 billion [7]