Core Viewpoint - Intchains Group Limited is set to release its unaudited financial results for the first quarter of 2025, which ended on March 31, 2025, highlighting its ongoing activities in altcoin mining, Ethereum-based cryptocurrency acquisition, and Web3 application development [1]. Group 1 - The earnings conference call will take place on May 22, 2025, at 8:00 PM U.S. Eastern Time, allowing stakeholders to discuss the financial results [2]. - Participants must register in advance using a provided link to receive dial-in numbers and a personal access PIN for the conference call [2]. - A live and archived webcast of the conference call will be available on the Company's investor relations website [3]. Group 2 - Intchains Group Limited focuses on providing altcoin mining products, acquiring and holding Ethereum-based cryptocurrencies, and developing innovative Web3 applications [4]. - For further inquiries, the Company has provided contact information for investor relations [5].

Is MARA Holdings winning the Bitcoin mining race? Check out its recent numbers and decide for yourself.Shares of MARA Holdings (MARA -0.19%) rose 16.3% in April 2025, according to data from S&P Global Market Intelligence. The cryptocurrency mining and digital asset management specialist benefited from a rising Bitcoin (BTC 0.38%) price, which made MARA's assets more valuable.Mara's Bitcoin hoard growsMARA Holdings had 47,531 Bitcoins on its balance sheet at the end of March. 30 days later, the Bitcoin balan ...

Core Insights - MARA Holdings, Inc. reported a 15% month-over-month decrease in blocks won and BTC produced in April 2025, attributed to a significant increase in global hashrate and mining difficulty [3][5] - The company's energized hashrate grew by 5.5% to 57.3 EH/s, supported by a recent 50 MW expansion at its Ohio data center [3][5] - As of April 30, 2025, MARA held a total of 48,237 BTC and did not sell any BTC during the month [6] Operational Highlights - Number of Blocks Won decreased from 242 in March to 205 in April, a decline of 15% [5] - BTC Produced fell from 829 in March to 705 in April, also a 15% decrease [5] - Average BTC Produced per Day decreased from 26.8 to 23.5, a 12% decline [5] - Share of available miner rewards decreased from 5.8% to 5.1% [5] - Energized Hashrate increased from 54.3 EH/s to 57.3 EH/s, a growth of 5.5% [5] Strategic Focus - The company aims to transform into a vertically integrated digital energy and infrastructure company, enhancing operational control and cost efficiency [4][10] - Recent expansions include fully energizing 25 MW gas-to-power operations in North Dakota and Texas, which provide the lowest cost per BTC mined [4][10]

Core Viewpoint - Needham analyst John Todaro maintains a Buy rating on Riot Platforms, Inc. but has lowered the price forecast from $13.50 to $12 following the company's first quarter results, which showed significant revenue growth primarily from Bitcoin mining [1][5]. Financial Performance - Riot Platforms reported total revenue of $79.3 million in the first quarter, an increase driven by a $71.5 million rise in Bitcoin mining revenue [1]. - The company produced 1,530 Bitcoin in the first quarter, up from 1,364 Bitcoin in the same quarter of the previous year [2]. - The average cost to mine Bitcoin was $43,808 during the quarter [2]. Investment Thesis - The analyst is optimistic about Riot Platforms for several reasons: - The company has high-performance computing (HPC) opportunities in 2026 with a potential capacity of 600MW at its Corsicana site [3]. - Riot is a low-cost Bitcoin producer, with power costs below four cents per kilowatt-hour [4]. - The company maintains a clean balance sheet with no corporate debt and holds one of the largest cash and Bitcoin positions among publicly traded mining firms [4]. - The stock is currently trading at a discount compared to peers, which is expected to change as HPC becomes a more significant growth driver [5]. Future Outlook - The price forecast was adjusted based on a multiple of 13 times the firm's estimated EV/EBITDA for 2026 [5]. - The resolution of litigation with Rhodium is expected to ease SG&A expenses and free up an additional 125MW of capacity [5]. - Although Riot has not yet secured a letter of intent with HPC tenants, there is optimism regarding the potential at the Corsicana site due to infrastructure upgrades and management's commitment to developing a full-stack, built-to-suit data center [6].

NEW YORK, May 02, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for April 2025. Key Highlights Key MetricsApril 2025BTC Mined1174BTC Sold350BTC Held2855Deployed Mining Rigs75 ...

LAS VEGAS, May 2, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, will discuss its fiscal second quarter 2025 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 8, 2025.Webcast Information: To view the webcast, please click here.Downloadable files, including a transcript, will be available on the company website 48 hours after the event.About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a mark ...

Core Insights - Riot Platforms, Inc. reported a revenue of $161.39 million for Q1 2025, marking a year-over-year increase of 103.5% [1] - The company's EPS for the same period was -$0.90, a decline from $0.81 a year ago, indicating a significant EPS surprise of -260.00% compared to the consensus estimate of -$0.25 [1] Revenue Breakdown - Bitcoin mined was reported at 1,530, matching the average estimate from two analysts [4] - Revenue from Bitcoin mining reached $142.90 million, exceeding the six-analyst average estimate of $139.35 million, with a year-over-year increase of 91.6% [4] - Engineering revenue was reported at $13.90 million, below the six-analyst average estimate of $16.57 million, but still reflecting a year-over-year increase of 195.7% [4] - Other revenue amounted to $4.60 million, slightly below the four-analyst average estimate of $5.11 million, yet showing a remarkable year-over-year increase of 19066.7% [4] Stock Performance - Over the past month, shares of Riot Platforms, Inc. have returned -9.7%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

NASDAQ: RIOT Riot Platforms (NASDAQ: RIOT) Q1 2025 Update May 1, 2025 Forward Looking Statements Statements in this presentation that are not statements of historical fact are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and are not guarantees of future performance or actual results. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended ...

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its first quarter 2025 financial results before U.S. markets open on Tuesday, May 6, 2025. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time. The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher’s website at https://investors.ciphermining.co ...

SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH), today reported audited financial results for the fiscal year ended December 31, 2024. Financial Highlights for the Year Ended December 31, 2024 Total revenues were US$5.54 million, representing a decrease of 18% compared to US$6.78 million in 2023 primarily due to revenue decreases across business segments of sales of products, hosting service and mining pool, which was partially offset by 125% revenue ...