Core Insights - Bitdeer Technologies Group reported an increase in self-mining hashrate to 13.6 EH/s as of May 2025, with plans to exceed 40 EH/s by October 2025 [5][7] - The company sold and shipped 1.6 EH/s of SEALMINER A2s to external customers in May 2025 [5][7] - Self-mined Bitcoin production reached 196 Bitcoins in May 2025, marking an 18.1% increase from April 2025 [7] Operational Update - The deployment of SEALMINER mining rigs is ongoing in Texas, Norway, and Bhutan, contributing to the self-mining hashrate [5] - The SEALMINER A3 series is expected to be available for pre-order in June 2025 [7] - Client-hosted mining rigs increased by 5,000 units or 1.0 EH/s in May 2025 due to existing customers expanding their hosted mining rigs [7] Production and R&D - A total of 9.0 EH/s mining rigs have been manufactured, with 1.5 EH/s in final assembly as of the end of May 2025 [7] - The company is on track to achieve a chip efficiency of approximately 5 J/TH with the SEAL04 R&D project expected to tape-out in Q4 2025 [3] Financial Update - Tether exercised warrants in May 2025, resulting in the issuance of 5,186,627 ordinary shares and generating US$50 million in cash [7] - The total hash rate under management increased to 27.4 EH/s in May 2025, up from 25.1 EH/s in April 2025 [8] Infrastructure Development - Electrical equipment installation and hydro cooling systems in Tydal, Norway, are expected to be completed by the end of June 2025 [7][16] - Construction in Massillon, Ohio, is ongoing and expected to be completed in phases from Q3 to Q4 2025 [7][16] - The company has acquired a 50 MW Bitcoin mining project in Ethiopia for US$7.5 million, with expected energization in Q4 2025 [14][17]

Core Insights - The company reported a modest decrease in Bitcoin mined due to the relocation of approximately 800 machines from Kentucky to Oklahoma, but its Bitcoin holdings increased to 155 Bitcoin valued at over $16 million, equating to $3.16 per share [1][2] - The revenue generated from power curtailment activities is seen as a strategy to mitigate exposure to energy and Bitcoin price volatility, enhancing capital efficiency and supporting long-term treasury accumulation [1][3] - The operational metrics for May 2025 indicate a total of 4,320 operational machines and a hashrate of 0.48 EH/s in Oklahoma, with a total hashrate remaining stable at 0.61 EH/s [4] Financial Performance - As of May 31, 2025, the estimated value of the company's Bitcoin holdings was approximately $16.2 million, based on a Bitcoin price of around $104,600, while the stock share price was $1.93 [2] - The company mined 6.3 Bitcoin in May 2025, down from 6.6 Bitcoin in April 2025, with no Bitcoin sold during May [4] Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3]

Core Insights - Hyperscale Data, a publicly listed company on the NYSE, has announced that its wholly-owned subsidiary Sentinum has signed a custodial agreement to expand its Bitcoin mining operations and participate in energy reduction programs [1] Company Summary - Hyperscale Data is focusing on enhancing its Bitcoin mining capabilities through the new custodial agreement with Sentinum [1] - The company is also engaging in energy reduction initiatives, indicating a commitment to sustainability within its operations [1] Industry Summary - The announcement reflects a growing trend in the cryptocurrency industry where companies are increasingly looking to optimize energy consumption while expanding mining activities [1]

Core Viewpoint - Canaan Inc. reported a significant increase in bitcoin production and operational efficiency in May 2025, despite facing challenges from increased tariffs on its mining machines due to U.S. trade uncertainties [2][4]. Company Performance - In May 2025, Canaan achieved a 25% month-over-month increase in bitcoin production, reaching a record of 109 bitcoins mined [2]. - The total cryptocurrency holdings of the company reached an all-time high of 1,466 bitcoins by the end of May 2025 [2]. - The installed hashrate was reported at 8.75 EH/s, with an operational hashrate of 7.27 EH/s, indicating a robust expansion of mining operations [3][4]. Financial Metrics - The average revenue split for the month was 64.9%, while the average all-in power cost was US$0.046 per kWh [4]. - The company has initiated a US$30 million stock repurchase program, reflecting confidence in its long-term prospects [11]. Mining Infrastructure - The month-end average miner efficiency was 20.1 J/TH in North America and 30.8 J/TH in non-North America, with a global average of 27.4 J/TH [5]. - The total installed power capacity reached 239.7 MW globally, with 76.3 MW in North America and 163.4 MW in non-North America [5]. Recent Developments - Canaan's executives purchased 817,268 American Depositary Shares at an average price of US$0.76 per ADS, indicating their confidence in the company's future [10]. - The company expanded its self-mining operations in North America by energizing an additional 0.91 EH/s across four mining projects in May 2025 [13].

NEW YORK, June 9, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=151918&from=4CLASS PERIOD: March 21, 2023 to December ...

Core Insights - HIVE Digital Technologies has achieved a significant operational milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining capacity, increasing from 6 EH/s at the end of March 2025 [3][4] - The company reported a 58% month-over-month growth in peak hashrate, rising from 6.6 EH/s in April to 10.4 EH/s in May 2025 [3][4] - HIVE is on track to reach a target of 25 EH/s by the end of Q4 2025, with expectations to produce over 12 BTC per day at that capacity [5][6] Operational Highlights - The rapid scaling of HIVE's operations was primarily driven by the energization of a 100 MW hydro-powered facility in Paraguay [4] - The company operates globally across 9 time zones and 5 languages, utilizing 100% hydroelectric power for its Bitcoin mining and AI data centers [5] - HIVE's daily Bitcoin production has increased to over 5 BTC, with a target of 8 BTC per day as the fleet aims for 18 EH/s this summer [6][8] Financial Performance - In May 2025, HIVE mined a total of 139 BTC, averaging 4.5 BTC per day [8] - The mining efficiency averaged 8.5 EH/s in May, with a peak of 10.4 EH/s [8] - The production per EH/s was recorded at 16.4 BTC, with fleet efficiency maintained at approximately 20 J/TH [8]

Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. due to alleged securities fraud affecting investors between March 21, 2023, and December 9, 2024 [1] Group 1: Allegations and Financial Reporting Issues - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2] - It is alleged that the company misclassified proceeds from the sale of digital assets, categorizing them as cash flow from operating activities instead of investing activities [2] - The complaint also states that Bitfarms overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [2] - These errors led to misstatements in several previously issued financial statements, which are now deemed inaccurate and likely to require restatement [2] - Consequently, the company's public statements were materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses in Bitfarms Ltd. during the specified timeframe have until July 8, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant compensation for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4]

Core Insights - HIVE Digital Technologies has achieved a significant operational milestone by surpassing 10 Exahash per second (EH/s) in Bitcoin mining capacity, marking a 58% increase in peak hashrate from April to May 2025 [2][4] - The company is on track to reach a target of 25 EH/s by the end of 2025, with expectations to produce over 12 BTC per day at that capacity [5][4] Operational Performance - The peak hashrate increased from 6.6 EH/s in April to 10.4 EH/s in May, driven by the energization of a 100 MW hydro-powered facility in Paraguay [2][3] - HIVE's daily Bitcoin production has risen to over 5 BTC, with a target of 8 BTC per day as the fleet aims for 18 EH/s this summer [5] Efficiency Metrics - In May 2025, HIVE mined a total of 139 BTC, averaging 4.5 BTC per day, with a mining efficiency of 8.5 EH/s [7] - The production per EH/s was recorded at 16.4 BTC, and fleet efficiency was maintained at approximately 20 J/TH [7] Strategic Positioning - HIVE operates globally across 9 time zones and 5 languages, utilizing 100% hydroelectric power for sustainable computing in both Bitcoin mining and AI data centers [4] - The company emphasizes its dual-engine model, integrating high-efficiency Bitcoin mining with its Buzz HPC cloud division, which is generating record cash flow [5]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Bitfarms securities between March 21, 2023, and December 9, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the July 8, 2025 deadline [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Bitfarms made false and misleading statements regarding its internal controls over financial reporting, misclassifying cash flows from the sale of digital assets [4]. - It is claimed that these misstatements led to inaccuracies in Bitfarms' financial statements, which may need to be restated, causing investor damages when the truth was revealed [4].

Core Viewpoint - BitFuFu Inc. reported a challenging first quarter of 2025, with significant declines in revenue and production due to the Bitcoin halving event and increased network difficulty, but anticipates a rebound supported by a record-breaking hashrate in May 2025 [3][7]. Financial Highlights - Total revenue for Q1 2025 was $78.0 million, a decrease of 46.0% from $144.4 million in Q1 2024 [7][11]. - Net loss was $16.9 million, compared to a net income of $35.3 million in the same period of 2024 [19]. - Adjusted EBITDA was negative $10.8 million, down from positive $49.9 million in Q1 2024 [20]. Operational Highlights - Power capacity decreased to 478 MW from 644 MW year-over-year [8]. - Total hashrate under management fell by 28.0% to 20.6 EH/s [8]. - Cloud-mining registered users increased by 89.1% to 607,377 [8]. Revenue Breakdown - Revenue from cloud-mining solutions was $53.7 million, a decrease of 34.1% from $81.5 million in Q1 2024 [12]. - Revenue from self-mining operations was $17.6 million, down 70.7% from $60.1 million in the same period of 2024 [13]. - Revenue from selling mining equipment increased significantly to $6.0 million from $0.7 million in Q1 2024 [14]. Cost and Expenses - Cost of revenue was $71.6 million, a decrease of 41.6% from $122.7 million in Q1 2024 [15]. - Operating expenses included sales and marketing expenses of $0.5 million, general and administrative expenses of $2.0 million, and research and development expenses of $0.4 million, which were approximately in line with the same period of 2024 [16]. Liquidity and Capital Resources - As of March 31, 2025, the company had cash and cash equivalents and digital assets totaling $144.3 million, down from $168.1 million as of December 31, 2024 [21].