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BTDR DEADLINE NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
TMX Newsfile· 2026-01-18 03:39
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the upcoming lead plaintiff deadline on February 2, 2026 [1] Group 1: Class Action Details - Investors who bought Bitdeer securities during the specified Class Period may be eligible for 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] - To serve as lead plaintiff, individuals must file with the Court by February 2, 2026, acting on behalf of other class members [3] 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 [4] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4] Group 3: Case Specifics - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, particularly concerning the energy efficiency of its SEAL04 chip technology [5] - Defendants are accused of failing to disclose that the SEAL04 chip, expected to have an energy efficiency of 5 J/TH, would not be ready for mass production until the second quarter of 2025, leading to artificially inflated security prices [5] - The revelation of the true state of the SEALMINER A4 project resulted in investor losses, as the misleading statements had previously encouraged purchases at inflated prices [5]
Bitdeer Technologies Group Securities Fraud Class Action Result of Undisclosed Production Problems and 14% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Prnewswire· 2026-01-17 03:18
Core Viewpoint - A securities class action lawsuit has been filed against Bitdeer Technologies Group for failing to disclose material information, leading to significant investor losses during the specified Class Period from June 6, 2024, to November 10, 2025 [1][3]. Group 1: Lawsuit Details - Investors who suffered substantial losses have until February 2, 2026, to file lead plaintiff applications in the lawsuit against Bitdeer [1][2]. - 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, marking a decline of over 14% [4]. Group 3: Company Background - Bitdeer Technologies Group is involved in the cryptocurrency sector, specifically focusing on Bitcoin mining technology [4]. - Kahn Swick & Foti, LLC, the law firm representing the investors, is recognized as one of the top boutique securities litigation firms in the United States, serving both institutional and retail investors [5].
Bitcoin Mining Stocks Jump as Riot Taps AMD, Texas Builds Grow
Yahoo Finance· 2026-01-16 21:25
Bitcoin mining stocks jumped after Riot Platforms signed a long-term deal with chip giant AMD, while Galaxy Digital pushed ahead with a massive Texas expansion. Shares moved as investors linked these deals to steadier revenue at a time when Bitcoin USD trades in a tight range. The backdrop matters: record network competition is squeezing miners, forcing them to rethink how they make money. (Source: RIOT Stock Price / TradingView) DISCOVER: Top Ethereum Meme Coins to Buy in 2026 What Just Happened With R ...
Riot Platforms, Inc. (RIOT) Discusses Transformational Milestones and Strategic Data Center Expansion Transcript
Seeking Alpha· 2026-01-16 20:46
PresentationI would now like to hand the conference over to Josh Kane, Vice President of Investor Relations at Riot Platforms. Please go ahead.Good day, and thank you for standing by. Welcome to Riot Platforms Business Update. [Operator Instructions] Please be advised that today's call is being recorded, and the presentation is also available on the Riot website.Joshua KaneVice President of Investor Relations Good morning. Thank you for joining us, and welcome to Riot Platform's Business Update Call. At thi ...
Reasons Why You Should Retain MARA Stock in Your Portfolio
ZACKS· 2026-01-16 18:30
Core Insights - MARA Holdings, Inc. (MARA) stock has increased by over 7% in the past month, while the industry has seen a decline of 2% [2][9] - The company's third-quarter performance indicates a shift beyond Bitcoin mining, with the introduction of AI inference infrastructure and enhanced energy partnerships [2][3] Diversification and Growth Strategy - MARA is transitioning from traditional cryptocurrency mining to a more integrated digital infrastructure that supports both blockchain and AI computing workloads [3] - The installation of the first AI inference racks at the Granbury site demonstrates the company's readiness to support operations for both Bitcoin and AI inference [3] - MARA is expanding its energy control footprint through partnerships in West Texas, aiming for 50% of total revenues from international markets by 2028, which enhances geographic diversification [4] Future Outlook - The company plans to integrate energy generation, blockchain validation, and AI processing into a single operational ecosystem, focusing on cost-efficient, high-capacity energy infrastructure [5] - Innovations in data center design, such as direct-to-chip cooling, are being emphasized to improve scalability and reduce long-term maintenance costs, positioning MARA to leverage its energy expertise in high-performance computing applications [6]
The Next Blockchain Stock That Could Make You Rich
Yahoo Finance· 2026-01-16 18:20
Key Points Cipher Mining is a Bitcoin mining company that now also operates in high-performance computing infrastructure. It has landed deals with Fluidstack for at least $3.8 billion and Amazon Web Services for $5.5 billion. 10 stocks we like better than Cipher Mining › Once purely a Bitcoin mining company, Cipher Mining (NASDAQ: CIFR) announced a pivot to high-performance computing (HPC) in late 2024. It's still reliant on mining operations for now. Over the first three quarters of 2025, it earne ...
J.P. Morgan stays overweight CleanSpark, citing AI inference uses for Texas sites
Yahoo Finance· 2026-01-15 15:03
Core Viewpoint - J.P. Morgan maintains an overweight rating on CleanSpark following the company's second land acquisition in Texas, highlighting its unique position in the market compared to peers expanding into AI [1][2]. Group 1: Acquisition Details - CleanSpark has entered a definitive agreement to acquire 447 acres in Brazoria County, Texas, located approximately 40 miles south of Houston, with plans to develop it into an AI/HPC facility pending approvals [2]. - This acquisition includes a long-term transmission extension agreement to supply an initial 300 MW of power, with infrastructure capable of supporting up to 600 MW over time [3]. - The deal marks CleanSpark's second acquisition in Texas within three months, increasing its total potential capacity in the state to approximately 885 MW, which includes a 285 MW site in Austin County [5]. Group 2: Infrastructure and Development Plans - CleanSpark expects the transaction to close in the first quarter of 2026, with the grid connection process estimated to take 12 to 24 months [3][4]. - During the grid connection period, CleanSpark will work with local utilities to install high-voltage lines and an on-site substation, and may also begin engaging potential tenants or constructing a data center shell [4]. Group 3: Strategic Positioning - The proximity of CleanSpark's sites to urban centers makes them particularly suitable for inference applications, enhancing the company's strategic positioning in the AI sector [2]. - Ongoing interest in CleanSpark's 230 MW bitcoin mine in Sandersville, Georgia, is also noted as a potential site for AI expansion [6].
America's Grip on Bitcoin Mining Slips, Despite Trump's Ambitions for Dominance
Yahoo Finance· 2026-01-14 20:55
America’s grip on Bitcoin mining is slipping as firms race to build out infrastructure for artificial intelligence, providing an opportunity for countries like China—despite U.S. President Donald Trump’s vision for technological dominance. In 2025, North American pools, where miners combine computing power to better their chances of solving a block and obtaining the block reward, saw a consistent decline in block share, or the percentage of total Bitcoin blocks successfully mined, according to a recent repo ...
Hive Digital (HIVE) Delivers Strong Bitcoin Output and Expands Green Infrastructure Ahead of 2026
Yahoo Finance· 2026-01-14 19:13
Hive Digital Technologies Ltd. (NASDAQ:HIVE) is one of the best penny stocks to buy in 2026. On January 7, Hive Digital Technologies Ltd. (NASDAQ:HIVE) reported strong Bitcoin production for December 2025, generating 306 BTC, nearly triple the amount mined a year earlier, even as network difficulty climbed about 40%. The company averaged 9.9 BTC per day, supported by a hashrate of 23.3 EH/s, which peaked at 24 EH/s, and a fleet efficiency of 17.5 joules per terahash. For the full year, Bitcoin production r ...
Riot Platforms, Inc. (NASDAQ:RIOT) Sees Positive Stock Movement Amidst Financial Projections
Financial Modeling Prep· 2026-01-14 19:00
Core Viewpoint - Riot Platforms, Inc. is a prominent player in the cryptocurrency mining sector, particularly known for its Bitcoin mining operations, and is currently under positive investment sentiment with an "Overweight" rating from Piper Sandler [1]. Stock Performance - In the latest trading session, RIOT's stock closed at $16.75, reflecting a 1.82% increase from the previous day, outperforming major indexes such as the S&P 500, Dow, and Nasdaq [2][4]. - Over the past year, RIOT's stock has fluctuated between a high of $23.94 and a low of $6.19, indicating significant volatility [4]. Financial Projections - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) expected to be -$0.23, representing a 152.27% decrease compared to the same quarter last year [3][6]. - Revenue is projected to rise by 11.93% to $159.57 million compared to the year-ago quarter [3][6]. - For the full year, Zacks Consensus Estimates forecast earnings of -$0.22 per share and revenue of $655.22 million [4]. Market Capitalization and Trading Volume - Riot Platforms has a market capitalization of approximately $6.22 billion and a trading volume of 19,414,767 shares, highlighting its active trading status [5][6].