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Hive Digital Technologies Ltd. (HIVE) Announces November 2025 Bitcoin Production Results
Yahoo Finance· 2025-12-12 04:40
Hive Digital Technologies Ltd. (NASDAQ:HIVE) is one of the best long-term penny stocks to invest in. Hive Digital Technologies Ltd. (NASDAQ:HIVE) announced its November 2025 Bitcoin production results on December 10, reporting 290 bitcoins produced in the month, a year-to-date high for the company and reflecting a 182% year-over-year growth from 103 bitcoins in the same period last year. This brings the average daily production to 9.7 bitcoin per day, with averaged hash rate of 23.5 exahash per second and ...
Law Offices of Howard G. Smith Encourages Bitdeer Technologies Group (BTDR) Investors To Inquire About Securities Fraud Class Action
Globenewswire· 2025-12-12 01:43
Core Viewpoint - A class action lawsuit has been filed against Bitdeer Technologies Group for allegedly misleading investors regarding its financial performance and the development of its next-generation ASIC chip [1][5]. Financial Performance - On November 10, 2025, Bitdeer reported a per-share loss of $1.28 for Q3 2025, significantly worse than the expected loss of $0.22 [3]. - Following the announcement, Bitdeer's stock price dropped by $2.63, or 14.90%, closing at $15.02 per share on November 11, 2025 [4]. Lawsuit Details - The lawsuit claims that Bitdeer made materially false and misleading statements throughout the class period, failing to disclose significant adverse facts about its business and operations [5]. - Specifically, the complaint highlights that the development of the SEAL04 chip, which was expected to have a chip-level energy efficiency of 5 J/TH, faced substantial delays, contradicting earlier positive statements made by the company [5].
BTDR Investors Have Opportunity to Lead Bitdeer Technologies Group Securities Fraud Lawsuit
Prnewswire· 2025-12-12 00:19
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, due to alleged misleading statements regarding the company's SEALMINER Bitcoin mining machine [1][5][6]. Group 1: Lawsuit Details - The lawsuit claims that Bitdeer provided investors with positive information about its SEALMINER A4 rigs and their expected energy efficiency of 5 J/TH while failing to disclose critical facts about the project's true state [5][6]. - Defendants allegedly made false statements that led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [6]. Group 2: Participation Information - Investors who purchased Bitdeer securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][7].
Portnoy Law Firm Announces Class Action on Behalf of BitDeer Technologies Group Investors
Globenewswire· 2025-12-11 14:00
Core Viewpoint - BitDeer Technologies Group is facing a class action lawsuit due to significant financial losses and operational delays, particularly related to its next-generation ASIC chip development [1][3]. Group 1: Legal Action - The Portnoy Law Firm is advising BitDeer investors to join a class action lawsuit for those who purchased securities between June 6, 2024, and November 10, 2025 [1]. - Investors have until February 2, 2026, to file a lead plaintiff motion [1]. Group 2: Financial Performance - BitDeer reported an earnings per share of -$1.28 for Q3 2025, which was a significant miss compared to the consensus estimate of -$0.22 [3]. - Following the earnings report, BitDeer's stock price dropped by $2.63, or 14.9%, closing at $15.02 per share on November 11, 2025 [3]. Group 3: Operational Issues - The company disclosed that the development of its next-generation Seal 04 ASIC chip is significantly delayed, contributing to investor concerns [3].
15 Best Long-Term Penny Stocks to Invest In
Insider Monkey· 2025-12-11 06:38
Core Insights - The article discusses the 15 best long-term penny stocks to invest in, highlighting the importance of hedge fund sentiment in stock selection [1][6][7] Federal Reserve and Labor Market - Meghan Shue, chief investment strategist at Wilmington Trust, anticipates three more Federal Reserve interest rate cuts in the upcoming year, aligning with market expectations [2] - Inflation trends are decelerating, with underlying drivers largely absent except for transitory tariffs [2] - The labor market shows signs of weakness, particularly among smaller firms, suggesting a need for hedging against potential downturns [3] Methodology for Stock Selection - The list of penny stocks was compiled using Finviz, focusing on stocks under $5 with a 5-year revenue growth exceeding 10% [6] - The top 15 stocks were selected based on the highest number of hedge fund holders as of Q3 2025, utilizing data from Insider Monkey [6][7] Company Highlights - **Hive Digital Technologies Ltd. (NASDAQ:HIVE)** - Stock Price: $3.27 - 5-Year Revenue Growth: 45.31% - Produced 290 bitcoins in November 2025, marking a 182% year-over-year increase [9] - Achieved an average daily production of 9.7 bitcoins, with a hash rate growth of 7% from October to November [9][10] - Focuses on sustainable cryptocurrency mining with operations in Canada, Iceland, and Sweden [12] - **Cosan S.A. (NYSE:CSAN)** - Stock Price: $4.93 - 5-Year Revenue Growth: 26.75% - Upgraded to Hold from Reduce by HSBC, with a price target increase to $5 [13] - Reported an EBITDA of BRL 7.4 billion for fiscal Q3 2025, down by BRL 1 billion year-over-year [14] - Experienced a net income loss of BRL 1.2 billion due to lower EBITDA and higher financial expenses [15]
Bitdeer Technologies Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuits Against Bitdeer Technologies Group - BTDR
Globenewswire· 2025-12-11 01:31
Core Viewpoint - Bitdeer Technologies Group is facing a securities class action lawsuit for failing to disclose material information during the class period, which has led to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors have until February 2, 2026, to file lead plaintiff applications in the class action lawsuit against Bitdeer, covering the period from June 6, 2024, to November 10, 2025 [1]. - The lawsuit is pending in the United States District Court for the Southern District of New York, under the case name Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069 [5]. Group 2: Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, attributed to increased operating expenses related to research and development of its ASICs roadmap [4]. - Following the announcement of these financial results, Bitdeer's share price dropped from $17.65 to $15.02, a decline of over 14% [4]. Group 3: Investor Support - ClaimsFiler provides a free service for investors to recover funds from securities class action settlements, offering resources to register for claims and access relevant information [6]. - Investors can also upload their portfolio transactional data to receive notifications about securities cases that may affect them [6].
Trump-backed crypto stock stumbles despite beating GameStop
Yahoo Finance· 2025-12-10 23:41
Core Insights - American Bitcoin Corp. has become the 22nd largest Bitcoin treasury company, surpassing GameStop in BTC holdings, but the market reaction has been negative with a stock decline of 4.39% [1][4] Company Developments - The firm purchased 416 Bitcoin for $38 million on December 10, increasing its total holdings to 4,783 BTC, which is a narrow lead of 73 BTC over GameStop's 4,710 BTC [2] - Eric Trump, co-founder and chief strategy officer, emphasized that the recent acquisition is part of a rapid expansion strategy, claiming the company is one of the largest and fastest-growing BTC accumulators since its Nasdaq debut [3] Financial Performance - The Satoshis Per Share (SPS) increased by more than 17% in just over a month, indicating successful execution of the firm's scaling plan [3] - Despite the milestone in Bitcoin holdings, ABTC's stock price fell to $1.96, reflecting market skepticism [4] Industry Context - GameStop reported a loss of $9.2 million on its Bitcoin holdings, which were valued at approximately $519.4 million as of November 1, indicating challenges in its digital asset strategy [5] - GameStop's decision to add Bitcoin to its balance sheet in March marked a significant strategic shift for the company [6] Market Volatility - American Bitcoin's shares experienced significant volatility, with a drop of over 50% in early December amid a broader sell-off in Bitcoin, attributed initially to insider selling, although most shareholders are under a lockup period until March 2026 [7]
Canaan Inc. Provides November 2025 Bitcoin Production and Mining Operation Updates
Prnewswire· 2025-12-10 14:05
Core Insights - Canaan Inc. reported a solid performance in November 2025, with an increase in both deployed and operating hashrate despite market challenges [1][2] - The company's cryptocurrency treasury reached a record of 1,730 BTC and 3,951 ETH by the end of November 2025 [1][3] - Canaan plans to bring approximately 1 EH/s of mining capacity online by the end of 2025, with further expansion expected in early 2026 [2][3] Operational Performance - Canaan mined 89 BTC in November 2025, maintaining a stable production level [2][3] - The month-end deployed hashrate was reported at 9.41 EH/s, while the operational hashrate stood at 8.12 EH/s [3][4] - The average revenue split for the month was 58.2%, and the average all-in power cost was US$0.043 per kWh [3][4] Strategic Developments - The company strategically acquired 100 BTC during price dips, enhancing its cryptocurrency treasury [2][3] - Canaan's North American fleet efficiency improved, with installed power capacity increasing to 91.2 MW [2][4] - A landmark strategic investment of US$72 million was announced from top-tier institutional investors, indicating strong confidence in Canaan's growth outlook [9] Product Innovations - Canaan unveiled its next-generation Avalon A16 series Bitcoin mining machines, featuring competitive specifications [10][11] - The A16XP model offers 300 TH/s of computing power with an energy efficiency of 12.8 J/TH [10][11] Financial Management - The company initiated a share repurchase program of up to US$30 million, with approximately 6.59 million ADSs repurchased for about US$4.9 million as of December 10, 2025 [12]
BlockQuarry Announces Launch of New Corporate Website, BLQCBuster.com
Globenewswire· 2025-12-10 13:00
HOUSTON, Dec. 10, 2025 (GLOBE NEWSWIRE) -- BlockQuarry Corp. (OTC: BLQC) (the "Company"), a leading innovator in American-manufactured cryptocurrency mining solutions and sustainable energy infrastructure, today announced the official launch of its new corporate website, BLQCBuster.com. The new online platform is designed to better serve customers, partners, and shareholders by providing clearer access to company information, product offerings, and upcoming ordering procedures. The new domain name and newly ...
Bitdeer Technologies Group Securities Fraud Class Action Result of Undisclosed Financial Problems and 14% Stock Decline - Investors may Contact Lewis Kahn, Esq, @ KSF
Globenewswire· 2025-12-10 03:50
Core Points - A securities class action lawsuit has been filed against Bitdeer Technologies Group for failing to disclose material information during the class period from June 6, 2024, to November 10, 2025 [1][3] - The lawsuit is pending in the United States District Court for the Southern District of New York, and investors have until February 2, 2026, to file lead plaintiff applications [1][2] Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, attributed to increased operating expenses related to research and development of its ASICs roadmap [4] - Following the announcement, Bitdeer's share price dropped from $17.65 to $15.02, marking a decline of over 14% [4] Legal Context - The case is titled Ismail N. Sakar v. Bitdeer Technologies Group, et al., No. 25-cv-10069 [5] - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case [5]