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BTDR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
TMX Newsfile· 2025-12-16 16:02
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Bitdeer To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Bitdeer between June 6, 2024 and November 10, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - December 16, 202 ...
Cipher (CIFR) Tumbles 13.5% on AI Bubble, Bitcoin Drop
Yahoo Finance· 2025-12-16 15:33
We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. Cipher Mining Inc. (NASDAQ:CIFR) is one of the biggest losers on Monday. Cipher Mining saw its share prices drop by 13.55 percent on Monday to close at $14.74 apiece as investors took path from the decline in Bitcoin prices and renewed concerns about an AI bubble. Cipher Mining Inc. (NASDAQ:CIFR) declined alongside its peers, namely Terawulf,  Hut 8, and CleanSpark, after Bitcoin, as of writing, shed 2.27 percent of its value at ...
CleanSpark (CLSK) Slashes 15% on Bitcoin Fall
Yahoo Finance· 2025-12-16 15:27
We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. CleanSpark, Inc. (NASDAQ:CLSK) is one of the biggest losers on Monday. CleanSpark fell for a second day on Monday, shedding 15.07 percent to close at $11.91 apiece as investor sentiment was dampened by the drop in Bitcoin prices and fresh concerns about the artificial intelligence industry. CleanSpark, Inc. (NASDAQ:CLSK) declined alongside its counterparts, namely Terawulf, Hut 8, and Cipher Mining, after Bitcoin fell below the $ ...
Argo Blockchain restructures debt, expands mining fleet to Alabama
Yahoo Finance· 2025-12-16 15:00
Argo Blockchain (NASDAQ: ARBK) finalized a restructuring plan on Tuesday that eliminates $40 million in senior debt. The transaction closes a reorganization formally approved by the High Court of Justice in England and Wales on December 11. The plan equitized $40 million in outstanding 8.75% senior notes due 2026 to strengthen Argo’s balance sheet. This reorganization leaves Argo debt-free, excluding a $472k remaining mortgage on its Baie-Comeau facility in Quebec, Canada. Argo increased its nameplate ...
American Bitcoin Enters Top 20 Publicly Traded Bitcoin Treasury Companies by Holdings
Prnewswire· 2025-12-16 11:30
Core Insights - American Bitcoin Corp. has established itself as a significant player in the Bitcoin accumulation space, holding approximately 5,098 Bitcoin as of December 14, 2025, ranking it among the top 20 publicly traded Bitcoin treasury companies by holdings [1][3]. Group 1: Company Overview - American Bitcoin Corp. is a majority-owned subsidiary of Hut 8 Corp., focusing on building America's Bitcoin infrastructure and providing institutional-grade exposure to Bitcoin through a unique business model that combines self-mining operations with disciplined accumulation strategies [5]. - The company has achieved rapid growth since its Nasdaq listing, surpassing many competitors in Bitcoin reserves, which reflects the effectiveness of its strategic approach [3]. Group 2: Financial Metrics - The company has introduced the Satoshis Per Share (SPS) metric, which indicates the amount of Bitcoin attributable to each outstanding share, enhancing investor visibility into their indirect ownership of Bitcoin [2]. - Additionally, American Bitcoin is launching a Bitcoin Yield metric to measure the percentage change in SPS over time, providing investors with insights into their evolving Bitcoin exposure [2]. Group 3: Communication and Transparency - American Bitcoin Corp. is committed to transparency and will provide regular updates on its Bitcoin holdings, SPS, Bitcoin Yield, and related performance metrics through its website and social media channels [4].
Here's Why Riot Platforms Closed More than 10% Lower Today
The Motley Fool· 2025-12-15 21:37
Core Insights - The company, Riot Platforms, is transitioning away from Bitcoin mining to focus on becoming a data center operator, which has led to a significant drop in its stock price [1][5][6] - Despite reporting strong earnings six weeks ago, the announcement of this transition has created uncertainty among investors, contributing to selling pressure [5][7] Company Developments - Riot Platforms reported record revenue and earnings per share (EPS) of $0.26, exceeding estimates [5] - The company plans to develop two buildings at its Corsicana data center campus, which will provide 112 MW of critical IT capacity [6] - Key achievements facilitating this transition include acquiring additional land, completing campus design, finalizing the basis of design for standard builds, and building an in-house data center team [6] Market Reaction - The stock price of Riot Platforms closed down 10.4% on a recent trading day, reflecting investor concerns about the transition and broader market conditions [1][2] - The market capitalization of Riot Platforms is currently $5.7 billion, with a significant gross margin of -1168.45% [2] - Investors are cautious due to the high costs associated with building data centers and concerns about financing in the current financial environment [7]
2 Reasons Why TeraWulf Sank 10% Today
The Motley Fool· 2025-12-15 18:20
This top Bitcoin miner is plunging today, as investors rethink the growth strategy around this sector.Cryptocurrency mining companies, such as TeraWulf (WULF 11.10%), have had a notable run this year. Surging more than 120% year-to-date, shares of WULF stock have certainly impressed even some of the more speculative investors with this move. However, today's decline of 10.2% as of 1 p.m. ET is suggesting that some investors may be pulling back on their growth expectations for this top Bitcoin (BTC 3.56%) mi ...
ANON Signs LOI to Acquire up to 100 Crypto Mining Rigs
Thenewswire· 2025-12-15 14:00
Core Insights - Anonymous Intelligence Company Inc. has entered into a Letter of Intent to acquire up to 100 operational cryptocurrency mining rigs from Nowlit Solutions Corp for a total consideration of up to $400,000 [1][2] - The acquisition aims to enhance ANON's infrastructure and support its decentralized technology and digital asset strategy [1][4] - Following the transaction, ANON and Nowlit plan to establish a commercial agreement for product development and branding initiatives, including a cryptocurrency cloud mining application [2][4] Financial Details - The total consideration for the transaction is expected to be up to $400,000, payable through a combination of cash and common shares of ANON [2] - ANON may issue 1,000,000 common shares to Nowlit, exercisable at the higher of $0.45 per share or the market price at the time of signing the definitive agreement [2] Strategic Implications - The acquisition is seen as a commitment to building tangible, revenue-driven assets within the blockchain ecosystem [4] - The transaction is expected to enhance ANON's operational output and position the company for future integrations and scalable growth [4] Regulatory and Completion Conditions - Completion of the transaction is subject to satisfactory due diligence, execution of a definitive agreement, and regulatory approvals, including from the Canadian Securities Exchange [3]
Bitdeer Announces November 2025 Production and Operations Update
Globenewswire· 2025-12-15 12:00
Core Insights - Bitdeer Technologies Group reported significant growth in Bitcoin production and self-mining hashrate, with a year-over-year increase of 251% in Bitcoin mined, totaling 526 Bitcoins in November 2025 [5][7] - The company is actively scaling its AI cloud services, achieving an Annual Recurring Revenue (ARR) of approximately $10 million, up from $8 million in October 2025, indicating strong market demand [5][6] Operational Update - The total proprietary hash rate deployed increased to 47.3 EH/s in November 2025, up from 41.3 EH/s in October 2025 [3][7] - The cumulative deployment of SEALMINER A2 reached 34.3 EH/s, while SEALMINER A3 saw a deployment of 0.6 EH/s [3] - The total hash rate under management as of November 30, 2025, was 60.3 EH/s, compared to 55.5 EH/s in October 2025 [7] SEALMINER R&D - The SEAL04-1 chip demonstrated improved power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [6] - The company plans to continue deploying SEALMINER mining rigs while retiring older-generation third-party rigs [5] Infrastructure and Operations - Bitdeer has secured a 2 MW AI data center lease in Malaysia, expected to launch by year-end 2025 [6] - The company is actively evaluating U.S. data center leasing opportunities to enhance its AI cloud services, with several projects in various stages of development [10][13] - Total global electrical capacity stands at 2,992 MW, with ongoing projects expected to increase capacity further [13][14] Management Commentary - The Chief Business Officer highlighted expectations to achieve a self-mining hashrate milestone of 50 EH/s by year-end 2025, with continued growth planned through 2026 [7] - The company is focused on scaling its GPU infrastructure to meet the growing demand for high-performance computing [7]
20 Stocks That Will Double in 2026
Insider Monkey· 2025-12-15 05:12
Market Outlook - Kevin Mahn of Hennion & Walsh discussed the potential for a bullish year in 2026, despite expected volatility, citing historical data that shows the S&P 500 has risen by an average of just under 14% following 23 Fed interest rate cuts when the index was within 2% of its all-time high since 1950 [1] - Mahn anticipates that if the Fed cuts interest rates, the target rate would fall to a range of 3.5% to 3.75%, with only 50 basis points remaining to reach the Fed's neutral rate of 3% [2] Company Analysis: Bitfarms Ltd. (NASDAQ:BITF) - Bitfarms is projected to have an average upside potential of 104.08% by 2026, with 25 hedge funds holding stakes in the company [7] - The company reported Q3 2025 revenue of $83.66 million, an 86.52% increase year-over-year, although it missed Street expectations by $998.78K, and incurred a quarterly loss of $0.15 per share [10] - Bitfarms is transitioning from Bitcoin mining to becoming a leading North American HPC and AI infrastructure provider, which involves significant capital expenditure and operational changes, leading to execution risks [9] Company Analysis: Solid Biosciences Inc. (NASDAQ:SLDB) - Solid Biosciences has an average upside potential of 155.10% by 2026, with 25 hedge funds holding stakes in the company [11] - The company ended Q3 2025 with $236.1 million in cash and equivalents, up from $148.9 million at the end of 2024, which is expected to fund operations into H1 2027 [12] - Solid Biosciences' SGT-003 gene therapy trial has shown strong efficacy, with plans to meet with the FDA in H1 2026 to discuss accelerated approval pathways [13]