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BlockQuarry Taking Orders for its State-of-the-Art BLQCBuster Crypto Miner
Globenewswire· 2026-01-06 15:49
Core Viewpoint - BlockQuarry Corp. has announced the opening of preorders for its new BLQCBuster™ crypto mining machines, which are designed to meet the needs of both individual and large-scale mining operations [1][3]. Group 1: Product Overview - The BLQCBuster miner is a high-performance, enterprise-grade crypto mining system manufactured in the United States, featuring eight advanced hashboards powered by Intel Blockscale™ ASIC chips, which provide exceptional hashrate performance and industry-leading power efficiency [2]. - The miner is housed in a robust 2U rack-mountable enclosure, emphasizing its design for reliability and efficiency [2]. Group 2: Market Reception and Anticipation - The BLQCBuster miner was publicly debuted at Mining Disrupt in Dallas in November, generating significant interest from industry professionals and miners, leading to high anticipation for the preorder opportunity [3]. - The company aims to cater to both home miners and institutional-scale customers by accepting preorders with no minimum order requirement [4]. Group 3: Commitment to Domestic Production - BlockQuarry's engineering and manufacturing processes for the BLQCBuster are based in New York and York, Pennsylvania, respectively, highlighting the company's commitment to job creation, domestic production, and supply-chain resilience [4]. - The design of the BLQCBuster reflects state-of-the-art technology and operational experience, aiming to raise the bar in the cryptocurrency mining hardware sector [4]. Group 4: Company Background - BlockQuarry Corp. specializes in developing advanced, scalable mining technology that addresses market demands for domestic supply chain security and superior engineering [6]. - The company is focused on providing secure, sustainable, and economically viable infrastructure solutions for cryptocurrency mining, AI, and high-performance computing applications [6].
Coeptis Therapeutics S-4 Declared Effective by SEC, Proxy Mailing Begins in Anticipation of the Merger Transaction with Z Squared
Globenewswire· 2026-01-06 13:19
Core Viewpoint - Coeptis Therapeutics Holdings, Inc. has announced that its registration statement for a merger with Z Squared Inc. has been declared effective by the SEC, and it will begin mailing the definitive proxy statement/prospectus to stockholders ahead of the Stockholder Meeting scheduled for January 30, 2026 [1] Company Overview - Coeptis Therapeutics Holdings, Inc. is a biopharmaceutical and technology company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases [3] - The company operates through its subsidiaries, including Coeptis Pharmaceuticals, GEAR Therapeutics, SNAP Biosciences, and Coeptis Technologies [3] Therapeutic Portfolio - Coeptis's therapeutic portfolio includes assets licensed from Deverra Therapeutics, featuring an allogeneic cellular immunotherapy platform and DVX201, a clinical-stage natural killer cell therapy technology [4] - The company is also developing a universal, multi-antigen CAR technology licensed from the University of Pittsburgh, alongside GEAR cell therapy and companion diagnostic platforms in collaboration with VyGen-Bio and the Karolinska Institute [4] Technology Division - Coeptis has established a Technology Division aimed at enhancing operational capabilities through advanced technologies, including AI-powered marketing software and robotic process automation tools acquired from NexGenAI Solutions Group [5] Z Squared Overview - Z Squared is focused on building a sustainable cryptocurrency mining operation, with 9,000 ASIC miners targeting Dogecoin and Litecoin, addressing market caps of $20 billion and $6 billion respectively [7] Stockholder Meeting - The Stockholder Meeting for the merger transaction will be held on January 30, 2026, with notices being mailed to stockholders of record as of January 2, 2026 [1]
CleanSpark: 3 Reasons To Buy The Dip Now (NASDAQ:CLSK)
Seeking Alpha· 2026-01-06 11:06
Core Viewpoint - CleanSpark, Inc. (CLSK) may present a compelling investment opportunity due to its profitability in Bitcoin mining and the potential for growth at a reasonable price. Group 1: Company Performance - CleanSpark is identified as a profitable Bitcoin mining company, which positions it favorably in the cryptocurrency market [1]. Group 2: Investment Strategy - The investment approach focuses on growth at a reasonable price (GARP) while remaining open to various investment opportunities [1]. - The investment horizon is flexible, with a focus on holding stocks as long as the underlying thesis remains valid [1]. Group 3: Market Insights - The author has developed market-beating algorithms using Python, which assist in identifying attractive investment opportunities [1]. - Previous experience as an analysis/news writer and editor at TipRanks has contributed to a deeper understanding of market trends and investor interests [1].
CleanSpark: 3 Reasons To Buy The Dip Now
Seeking Alpha· 2026-01-06 11:06
Core Viewpoint - CleanSpark, Inc. (CLSK) is considered a potentially attractive investment opportunity due to its profitability in the Bitcoin sector and the overall market conditions favoring growth at a reasonable price [1]. Group 1: Company Performance - CleanSpark is identified as a profitable player in the Bitcoin market, which may indicate strong financial health and operational efficiency [1]. Group 2: Investment Strategy - The investment approach focuses on GARP (growth at a reasonable price) stocks while remaining open to other opportunities, suggesting a flexible investment strategy [1]. - The investment horizon is not fixed; the company will hold stocks as long as the investment thesis remains valid and will exit when the facts change [1]. Group 3: Market Insights - The author has developed market-beating algorithms using Python, which have been instrumental in identifying attractive investment opportunities within their portfolio [1]. - Previous experience as an analysis/news writer and editor at TipRanks has provided insights into market trends and investor interests, emphasizing the importance of accurate information [1].
BitMine Immersion Technologies Inc. (NYSE: BMNR) Sees Stock Surge Following Analyst Coverage and Strategic Proposal
Financial Modeling Prep· 2026-01-05 18:00
Core Viewpoint - BitMine Immersion Technologies Inc. (BMNR) focuses on cryptocurrency mining, particularly Ethereum, and has adopted an ETH-centric treasury strategy, aligning its stock price with Ethereum's market performance [1] Group 1: Company Overview - BMNR has a market capitalization of approximately $5.4 billion and a trading volume of 57.99 million shares on the AMEX exchange [5] - The company has shown significant stock volatility, with a 52-week high of $161 and a low of $3.92 [5][6] Group 2: Recent Developments - On January 5, 2026, Cantor Fitzgerald initiated coverage on BMNR with an "Overweight" rating, indicating confidence in the stock's potential [2][6] - Following the coverage announcement, BMNR's stock price increased by 14.84%, reaching $31.73 during overnight trading on Robinhood [3][6] Group 3: Strategic Proposals - A proposal to increase the company's authorized share count from 500 million to 50 billion was announced, aimed at facilitating future capital raising and opportunistic acquisitions [3][4] - The proposal includes the possibility of stock splits to maintain share accessibility for investors, contingent on Ethereum's price reaching $250,000 and Bitcoin hitting $1 million [4]
Cango mines 569 bitcoin in December 2025 as it eyes AI business line
Yahoo Finance· 2026-01-05 15:06
Core Viewpoint - Cango reported an increase in bitcoin production and holdings, alongside a significant financial commitment from a major shareholder to enhance mining efficiency and develop new technology platforms [1][2][3] Group 1: Operational Performance - Cango mined 569 bitcoin in December 2025, up from 546.7 bitcoin in November, attributed to favorable network difficulty adjustments [1] - Total bitcoin holdings increased to 7,528.3 as of December 31, from 6,959.3 at the end of November, with management indicating no intention to sell these holdings [2] - The company's hashrate remained flat at 50 EH/s, while the average operating hashrate slightly decreased to 43.36 EH/s from 44.38 EH/s [2] Group 2: Financial Developments - A major shareholder committed $10.5 million to Cango in late December, aimed at improving mining operations and accelerating the development of an integrated energy and AI compute platform in 2026 [3] - Cango completed its transition to the New York Stock Exchange in December, following the termination of its American Depositary Receipt program, allowing for direct share ownership [3]
Riot swaps CFO, alters executive salaries, overhauls incentive plan
Yahoo Finance· 2026-01-05 14:51
Leadership Transition - Riot Platforms has appointed Jason Chung as CFO, effective March 1, 2026, succeeding Colin Yee, who will transition to a senior advisor role until January 1, 2028 [1][3] - Yee will receive an annual base fee of $500,000 for the first twelve months post-transition, adjusting to $20,000 monthly thereafter, along with $2,000,000 in service-based restricted stock units [2] Executive Compensation Adjustments - Chung's annual base salary has been increased from $500,000 to $550,000, while COO Stephen Howell's salary rose from $400,000 to $500,000 [4] - CEO Jason Les and Executive Chairman Benjamin Yi's annual base salaries have increased from $600,000 to $900,000, with their target award level under the annual incentive plan rising from 100% to 125% [5] Changes to Incentive Plans - Riot has restructured its 2026 annual incentive plan to focus on digital infrastructure, removing the bitcoin yield metric and introducing data center revenue and net operating income as key performance metrics [6] - The new data center metrics will each carry a 15% weighting in performance evaluations, with payouts ranging from 0% to a maximum of 200% based on achievement [6]
Cango Inc. Announces December 2025 Bitcoin Production and Mining Operations Update
Prnewswire· 2026-01-05 11:00
Core Viewpoint - Cango Inc. reported strong operational growth in December 2025, achieving higher Bitcoin production and maintaining stable hashrate levels, while also securing a significant investment from a major shareholder [3]. Group 1: Bitcoin Production and Operations - In December 2025, Cango produced 569.0 Bitcoin, an increase from 546.7 Bitcoin in November 2025 [2]. - The average number of Bitcoin produced per day rose to 18.35 in December from 18.22 in November [2]. - The total number of Bitcoin held by Cango increased to 7,528.3 BTC from 6,959.3 BTC [2]. - The deployed hashrate remained stable at 50 EH/s, while the average operating hashrate slightly decreased to 43.36 EH/s from 44.38 EH/s [2]. Group 2: Strategic Developments - A major shareholder committed to invest US$10.5 million in Cango, expected to close in January 2026, indicating strong confidence in the company's strategic roadmap [3]. - The investment will enhance Bitcoin mining efficiency and support the development of Cango's energy and AI compute platform in 2026 [3]. Group 3: Company Overview - Cango Inc. is a Bitcoin mining company aiming to create an integrated global infrastructure platform for the digital economy, with operations across over 40 sites in various regions [4]. - Since entering the digital asset space in November 2024, Cango has initiated pilot projects in integrated energy solutions and distributed AI computing [5].
Burned Bitcoin Investors Enter New Year with Less Swagger
Yahoo Finance· 2026-01-05 05:01
Core Insights - Bitcoin experienced a significant decline in 2025, closing the year at less than $88,000, which is over 30% lower than its peak of above $126,000 in October [1][2] - The cryptocurrency sector faced its fourth annual decline, with previous declines linked to major events like the FTX collapse in 2022 [2] - The anticipated growth in the crypto market was hindered by regulatory changes and market reactions to geopolitical events, particularly the announcement of tariffs on China [3] Market Dynamics - Following the announcement of 100% tariffs on China, large holders of Bitcoin liquidated significant amounts, leading to a downward spiral in prices [3] - Bitcoin's price fell to around $80,000 in November, with a slight recovery to above $90,000, but investor confidence remains shaken [3] Future Projections - Standard Chartered has revised its 2026 Bitcoin price target from $300,000 to $150,000, indicating a longer timeline for expected growth [4] - The bank has also pushed its $500,000 Bitcoin target from 2028 to 2030, reflecting a more cautious outlook on the cryptocurrency's future [4] Investment Trends - Since mid-October, investors have withdrawn over $5 billion from US spot Bitcoin ETFs, indicating a shift in investment sentiment [6] - The derivatives market shows support for Bitcoin to remain above $85,000, but resistance around $95,000 may limit short-term price movements [6] - Bitcoin mining companies are diversifying into AI, with Hut8 Mining's shares rising 36% after securing a $7 billion deal with AI firm Fluidstack [6] - Coinbase is expanding its platform to include stocks, moving beyond its traditional focus on cryptocurrency [6]
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2026-01-05 00:59
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the February 2, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Bitdeer securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is February 2, 2026, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their experience and recognition in the field [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions of dollars for investors [4]. Group 3: Case Background - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically concerning the production timeline and energy efficiency of its SEAL04 chip technology [5]. - Defendants are accused of failing to disclose critical information about the readiness of the SEAL04 chip, which misled investors and resulted in the purchase of securities at inflated prices [5].