Core Insights - Color Star Technology Co., Ltd. has made a significant entry into the cryptocurrency mining sector, deploying 10,000 Bitmain Antminer T21 rigs in Kazakhstan, marking its emergence as a notable player in the Bitcoin mining industry [1][2] - In its first month of operation in April, the cryptocurrency mining farm generated approximately 29 Bitcoins (BTC) [2] - The company is committed to monitoring its mining operations and the broader cryptocurrency market to inform strategic decisions, aiming to maximize returns on investment and deliver long-term value to shareholders [3] Company Overview - Color Star Technology Co., Ltd. operates in the entertainment and education sectors, providing online entertainment performances and music education services through its subsidiaries [4] - The company has recently expanded its operations to include cryptocurrency mining, alongside its existing online education platform, Color World [4]

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- 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=150522&from=3 CLASS PERIOD: March 21, 2023 to D ...

In our previous report we argued the investment case of Core Scientific. We highlighted how CORZ transformed itself from a struggling bitcoin miner to a key AI -Infrastructure with the help of the contracts and capex commitmentsWe are a group of experienced investors that like to dig deeper into stocks to find growth stories at a reasonable price with strong economic moats. We also aim to conduct high-quality analysis by deep diving into valuations, key business drivers, risk/reward, and different future sc ...

Core Insights - Abits Group Inc reported a decline in revenue and mining output for the first quarter of fiscal year 2025, primarily due to the halving of mining rewards [1][3]. Financial Performance - Revenue from operations decreased to $1.78 million in Q1 2025 from $2.15 million in Q1 2024, reflecting a drop of 17.2% [2]. - Costs of revenue increased by 11.6%, rising from $0.86 million in Q1 2024 to $0.96 million in Q1 2025 [2]. - Gross profit from operations was $0.82 million, with a gross margin of 46.1%, attributed to higher average market prices of bitcoin despite lower output [2][3]. Mining Operations - The total output from mining operations was 18.86 coins, a significant decrease of 50.4% compared to the previous year, due to the halving of mining rewards that occurred in late April 2024 [3]. - The company has secured a $3 million loan to acquire 2850 units of Antminer S19XP, which are expected to enhance revenue from a new hosting facility in Memphis starting in the second quarter [4].

Core Viewpoint - BitFuFu Inc. is set to release its unaudited financial results for Q1 2025 on June 5, 2025, before U.S. markets open, indicating the company's ongoing commitment to transparency and investor communication [1]. Company Overview - BitFuFu Inc. is recognized as a world-leading Bitcoin miner and innovator in mining services, focusing on empowering the global Bitcoin network through its advanced cloud mining platform and rapidly scaling infrastructure [3]. Earnings Conference Call - The management team will conduct an earnings conference call on June 5, 2025, at 8:00 A.M. U.S. Eastern Time, allowing investors to gain insights into the company's performance [1]. - Participants must register in advance to join the conference call, receiving a confirmation email with dial-in numbers and a unique access PIN [2]. Investor Relations - For investor inquiries, BitFuFu provides contact details for its Investor Relations team, ensuring open lines of communication for stakeholders [4].

Core Insights - HIVE Digital Technologies Ltd. has achieved a significant milestone by surpassing 10 Exahash per second (EH/s) in global Bitcoin mining hashrate, adding 1 EH/s each week for the last month [2][3] - The company is on track to meet its Phase 1 objective of 11.5 EH/s by the end of June 2025 and aims for a target of 25 EH/s by Q4 2025, with growth fully funded [3] - HIVE's subsidiary, Buzz HPC, has reached a $20 million annualized run-rate revenue in its GPU cloud business, one month ahead of schedule, reflecting strong operational momentum [4][5] Company Performance - HIVE's total operating hashrate is over 10 EH/s, with a global fleet efficiency of 20 Joules per Terahash [3] - The company is producing over 5 Bitcoin per day, with a consistent addition of approximately 1 EH/s of mining capacity weekly [6] - Buzz HPC has over 5,000 GPUs actively deployed, reinforcing HIVE's position in the GPU cloud infrastructure market [5][6] Executive Commentary - Frank Holmes, Co-Founder and Executive Chairman, highlighted the HPC growth exceeding expectations, with the GPU cloud business potentially valued at 10 to 20 times its annualized cash flows [6] - Aydin Kilic, President & CEO, expressed pride in the team's execution and the rapid scaling of Bitcoin mining capacity [6] Company Overview - HIVE Digital Technologies Ltd. is a leader in sustainable blockchain and AI infrastructure, operating in Canada, Sweden, and Paraguay [7] - The company was the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017 and continues to innovate while reducing its environmental footprint [7]

Company Overview - HIVE Digital Technologies Ltd. is a global leader in sustainable digital infrastructure, focusing on blockchain and AI technologies powered by green energy [7] - The company operates in Canada, Sweden, and Paraguay, and was the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017 [7] Bitcoin Mining Achievements - HIVE has surpassed a total operating hashrate of over 10 Exahash per second (EH/s) and is on track to reach its Phase 1 objective of 11.5 EH/s by the end of June 2025 [2][3] - The company has added approximately 1 EH/s of Bitcoin mining capacity each week for the last month, exceeding previous guidance [3][6] - HIVE is targeting a total hashrate of 25 EH/s by Q4 2025, with a global fleet efficiency of 20 Joules per Terahash [3] High-Performance Computing (HPC) Growth - HIVE's HPC subsidiary, Buzz HPC, has achieved a $20 million annualized run-rate revenue in its GPU cloud business, one month ahead of schedule [4][5] - The rapid scale-up of Buzz HPC includes over 5,000 GPUs actively deployed, reinforcing HIVE's position in GPU cloud infrastructure [5][6] - Executive commentary highlights the potential value of the GPU cloud business, estimated to be worth 10 to 20 times its annualized cash flows [6]

Core Viewpoint - HIVE Digital Technologies is experiencing a transformative year with plans to exponentially grow its operational capacity from 6 exahash (EH/s) to 10 EH/s in a short timeline, aligning with its operational blueprints [1][4]. Group 1: Growth Plans - The company aims to scale its operational capacity to 10 EH/s, with incremental growth targets of 7, 8, and 9 EH/s every two weeks [4]. - HIVE's expansion in Paraguay has increased its initial plan from 100 megawatts to 300 megawatts due to opportunities arising from another operator exiting the region [2][6]. - The construction in Paraguay is progressing rapidly, with over 350 workers currently on-site [2][7]. Group 2: Market Position - HIVE's current Bitcoin production accounts for over 1% of the global network, with Bitcoin prices reaching $111,000 [5]. - The company is targeting 18 EH/s by the summer of this year, with construction and equipment installation on track [9]. Group 3: Community Engagement - HIVE has initiated an ESG strategy, contributing to local schools by addressing the lack of air conditioning in high temperatures, having supported over ten schools near its facilities [8].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified class period of their potential entitlement to compensation through a class action lawsuit [1][4]. Group 1: Class Action Details - The class period for the Bitfarms securities is from March 21, 2023, to December 9, 2024 [1]. - Investors can join the class action by submitting a form or contacting the law firm directly [2][5]. - A lead plaintiff must be appointed by July 8, 2025, to represent other class members in the litigation [2]. Group 2: Allegations Against Bitfarms - The lawsuit alleges that Bitfarms made false or misleading statements and failed to disclose significant issues regarding its internal controls over financial reporting [4]. - Specific allegations include misclassification of cash flows from the sale of digital assets and overstating the remediation of internal control weaknesses [4]. - The inaccuracies in financial statements are said to have caused investor damages when the true information became public [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in representing investor interests [3].

Intchains Group (ICG) Q1 2025 Earnings Call May 22, 2025 08:00 PM ET Company Participants Minty Wang - Head of Investor RelationsChaowei Yan - Chief Financial Officer Conference Call Participants Mark Palmer - Equity Research AnalystMatthew Galinko - SVP & Senior Research Analyst Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to Ink King's First Quarter twenty twenty five Earnings Conference Call. Today's call is being recorded. If you have any objections, you may disconnect ...