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New Era Energy & Digital Strengthens Integrated Power Positioning at TCDC with Strategic 54-Acre Corridor LOI
Businesswire· 2026-02-26 19:00
MIDLAND, Texas--(BUSINESS WIRE)--New Era Energy & Digital, Inc. (Nasdaq: NUAI) ("New Era†or the "Company†), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced it has entered into a non-binding Letter of Intent ("LOI") to acquire approximately 54 acres of strategically located land adjacent to its Texas Critical Data Centers ("TCDC†) campus in Ector County, Texas. The contemplated acquisition was undertaken as. ...
HUT 8 Q4 Earnings Surpass Estimates, Revenues Increase Y/Y
ZACKS· 2026-02-26 17:46
Core Insights - HUT 8 Corp. reported Q4 2025 earnings of 36 cents per share, significantly exceeding the Zacks Consensus Estimate of a 12-cent loss [1] - Total revenues surged 179.2% year over year to $88.5 million, although this figure fell short of the Zacks Consensus Estimate by 9.24% [1] Revenue Breakdown - Compute segment, which constitutes 93% of total revenues, saw a remarkable increase of 325.9% year over year to $81.9 million, despite missing estimates by 6.93% [5] - Power revenues, accounting for 6% of total revenues, decreased by 50% year over year to $5 million, missing estimates by 20.65% [3] - Digital Infrastructure revenues, making up 2% of total revenues, fell 34.9% year over year to $1.6 million, missing estimates by 66.37% [4] Strategic Focus - The company is shifting its focus from traditional crypto mining to prioritize AI and compute infrastructure under a power-first strategy [2] - HUT signed a definitive agreement to sell its 310 MW natural gas portfolio in Ontario to TransAlta and plans to develop four new U.S. sites totaling over 1,500 MW [3] Financial Performance - General and administrative expenses rose 142.7% year over year to $45.7 million [7] - HUT reported an operating loss of $434.9 million for Q4 2025, a stark contrast to an operating income of $281.9 million in the same quarter last year [7] - The net loss for the quarter was $301.8 million, reversing from a net income of $152 million a year ago, primarily due to $401.9 million in unrealized losses on digital assets [7][10] Balance Sheet Overview - As of December 31, 2025, HUT had cash reserves of $44.9 million, up from $33.5 million as of September 30, 2025 [9] - The company held approximately $1.4 billion in cash and Bitcoin reserves, with $899.3 million attributable to HUT 8 and $472.6 million to American Bitcoin [9]
Vertiv Holdings (VRT) Up More than 25% Since Q4 Earnings, Here’s What You Need to Know
Yahoo Finance· 2026-02-25 16:10
Vertiv Holdings Co (NYSE:VRT) is one of the Best Stocks to Buy and Hold For the Next 3 Years. Vertiv Holdings Co (NYSE:VRT) has gained more than 25% since its FQ4 2025 earnings, released on February 11. Wall Street also maintains a bullish sentiment on the stock. ​Recently, on February 19, Barclays reiterated a Buy rating on the stock with a price target of $281. Earlier on February 17, Bank of America Securities also reiterated a Buy rating on the stock and raised the price target from $250 to $277. Du ...
Signing Day Sports Announces BlockchAIn’s AI-Focused Initiative for Next Generation Power-Advantaged Digital Infrastructure Platform
Globenewswire· 2026-02-25 13:30
Core Insights - Signing Day Sports, Inc. is advancing its proposed business combination with One Blockchain LLC and its affiliates, focusing on leveraging digital infrastructure for AI and high-performance computing [1][6] Group 1: Business Strategy - BlockchAIn LLC aims to utilize its existing data center assets to support AI and HPC applications, enhancing asset utilization and aligning capacity with the growing demand for these workloads [2][5] - The company operates a data center in South Carolina with a capacity of approximately 40 megawatts, which provides a strong foundation for AI and HPC use cases [3][7] Group 2: Financial Performance - For the year ended 2024, BlockchAIn LLC reported revenue of approximately $22.9 million and net income of approximately $5.7 million, indicating a cash-flowing operational base for future expansion [4][7] Group 3: Market Demand - Global demand for AI is accelerating, with power availability being a primary bottleneck to new capacity, suggesting a significant opportunity for BlockchAIn LLC in the AI and HPC market [2][5] Group 4: Future Plans - BlockchAIn LLC has planned expansions for AI data centers with favorable economics set for activation in 2026 and 2027, aiming to become a leader in scalable sustainable power and data infrastructure for AI hosting [7]
Cipher Mining Inc. Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-24 17:32
Formally rebranded to Cipher Mining Inc. to reflect a completed transition from Bitcoin mining to a digital infrastructure company purpose-built for hyperscale compute. Executed a strategic pivot toward securing durable, long-term cash flows through contracted leases with best-in-class hyperscalers, prioritizing visibility and scale. Simplified the corporate structure by selling 49% interests in three joint venture mining sites to Canaan in an all-stock transaction, retaining capital-light exposure to ...
Cipher Mining Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-24 15:44
Black Pearl financing: Mumford said that earlier in the month the company completed a $2.0 billion offering of five-year senior secured notes at 6.125% , which he said was significantly oversubscribed with about $13 billion in orders. He said the financing fully funds Black Pearl through substantial completion and included a $233 million reimbursement to Cipher for prior equity contributions.Barber Lake financing: Mumford said the company raised $1.4 billion in November through five-year senior secured note ...
Array's Q4 Earnings Surpass Estimates on Higher Revenues
ZACKS· 2026-02-23 19:11
Key Takeaways AD topped Q4 revenue and earnings estimates, driven by strong site rental revenue growth.Array posted $60.3M in Q4 revenues, up from $26.1M, backed by healthy traction in the site rental business.AD expects 2026 revenue of $200-$215M and Adjusted EBITDA of $200-$215M.Array Digital Infrastructure, Inc. (AD) reported strong fourth-quarter 2025 results, with both top and bottom lines surpassing the respective Zacks Consensus Estimate. The company reported top-line growth year over year, backed by ...
BMO Reaffirms Bullish View on Equinix (EQIX) amid Strong Operational Performance
Yahoo Finance· 2026-02-21 14:20
Core Viewpoint - BMO Capital raised its price target for Equinix, Inc. to $1,050 from $925, maintaining an Outperform rating due to stronger-than-expected 2026 guidance and accelerating business momentum [1]. Financial Performance - Equinix projected full-year revenue for 2026 between $10.12 billion and $10.22 billion, exceeding market estimates of $10.07 billion [3]. - The company expects first-quarter revenue between $2.50 billion and $2.54 billion, ahead of estimates of $2.46 billion [3]. - In the fourth quarter, Equinix reported revenue of $2.42 billion, slightly below estimates of $2.46 billion, affected by the timing of a leasing transaction [4]. Market Demand and Trends - Demand for Equinix's services is driven by rising needs tied to artificial intelligence, leading to increased demand for data center capacity [2]. - Bookings growth reached 42%, indicating strong demand and healthy cabinet additions, reinforcing confidence in the company's outlook [1]. Company Operations - Equinix operates as a digital infrastructure company, with a platform that includes International Business Exchange (IBX) and xScale data centers across various regions [5]. - The company is expanding its footprint by investing in new data centers in growing markets such as Chennai, India, and Jakarta, Indonesia [3].
Signing Day Sports Announces Effectiveness of Form S-4 Registration Statement and March 13, 2026 Special Stockholder Meeting to Approve Business Combination with BlockchAIn
Globenewswire· 2026-02-17 13:30
Core Viewpoint - Signing Day Sports is moving forward with a business combination with BlockchAIn Digital Infrastructure, Inc., which has been declared effective by the SEC, allowing BlockchAIn Inc. to trade on NYSE American under the ticker symbol "AIB" following the completion of the transaction [1][4]. Company Overview - Signing Day Sports aims to assist student-athletes in achieving their college sports goals through a recruitment platform that includes video technology and comprehensive data sets [6]. - BlockchAIn LLC focuses on developing and operating digital infrastructure for high-performance computing (HPC) and AI hosting, with plans for AI data center expansions in 2026 and 2027 [5]. Financial Performance - BlockchAIn LLC's existing 40 MW data center facility in South Carolina generated approximately $22.9 million in revenue and approximately $5.7 million in net income in 2024 [5]. Business Combination Details - The business combination agreement between Signing Day Sports and BlockchAIn was initially entered into on May 27, 2025, and has undergone amendments [4]. - A special meeting for stockholders to vote on the business combination is scheduled for March 13, 2026, with relevant materials to be distributed around February 18, 2026 [2][3].
Hut 8 Stock Up 150% as $88 Million Buy Lifts Stake to $106 Million of One Investor's Portfolio
The Motley Fool· 2026-02-16 18:49
Company Overview - Hut 8 Corp. is a leading operator of energy infrastructure and Bitcoin mining facilities, utilizing a vertically integrated model to provide high-performance computing solutions [6] - The company focuses on scaling data center operations and meeting the demand for compute-intensive workloads in digital assets and AI [6] - As of February 12, 2026, Hut 8's market capitalization is $5.51 billion, with a revenue of $668.32 million and a net income of $205.76 million [4] Recent Developments - Oasis Management Co Ltd. disclosed an acquisition of 2,004,953 shares of Hut 8 Corp. for an estimated value of $88.38 million, increasing its total stake to 2,307,683 shares valued at $106.01 million [2][8] - The net position value increased by $95.48 million, reflecting both the additional shares and price changes during the fourth quarter of 2025 [2] Financial Performance - Hut 8's revenue for the third quarter reached $83.5 million, with significant contributions from Compute ($70.0 million) and Digital Infrastructure ($5.1 million) [10] - The company's net income for the same period was $50.6 million, and Adjusted EBITDA surged to $109.0 million compared to $5.6 million one year prior [10] - Hut 8 manages 1,020 megawatts of energy capacity and has a development pipeline of 8,650 megawatts, along with controlling 13,696 bitcoins valued at approximately $1.6 billion as of September 30 [10] Market Position - As of February 12, 2026, Hut 8 shares were priced at $50.97, reflecting a 150.8% increase over the past year, significantly outperforming the S&P 500 by 137.94 percentage points [8] - The fund's allocation to Hut 8 represents 6.87% of reportable U.S. equity assets, indicating strong conviction in energy-backed compute [8][11] Strategic Focus - The company aims to commercialize its development pipeline and maintain capital discipline around its new $1 billion ATM program [12] - There is an emphasis on diversifying revenue streams away from pure mining volatility through high-performance computing [12]