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Hut 8 Amends and Expands Bitcoin-Backed Credit Facility with Coinbase to $130 Million
Globenewswire· 2025-06-24 10:30
Core Viewpoint - Hut 8 Corp. has expanded its Bitcoin-backed credit facility from $65 million to up to $130 million, enhancing its capacity and lowering its cost of capital [1][2]. Group 1: Credit Facility Expansion - The amended credit facility reflects significant improvements in economic and structural terms, doubling the size of the facility and extending the maturity date to July 16, 2026 [1][2]. - The facility is expected to provide up to $65 million in incremental, non-dilutive capital, allowing the company to deploy capital against near-term growth opportunities [5]. Group 2: Financial Terms and Benefits - The conversion from a floating-rate structure to a fixed interest rate of 9.0% is designed to improve Hut 8's overall cost of capital, compared to previous rates ranging from 10.5% to 11.5% [5]. - The amended agreement includes enhanced collateral and borrower protections, such as a limited recourse structure and a no-rehypothecation covenant on pledged Bitcoin [5]. Group 3: Company Overview - Hut 8 Corp. operates as an energy infrastructure platform, integrating power, digital infrastructure, and compute at scale, primarily for Bitcoin mining and high-performance computing [3]. - The company manages 1,020 megawatts of energy capacity across 15 sites in the United States and Canada, including Bitcoin mining and high-performance computing data centers [3].
6月19日电,印度尼西亚表示,全球数字基础设施供应商EDGNEX将投资23亿美元开发数据中心。
news flash· 2025-06-19 09:47
智通财经6月19日电,印度尼西亚表示,全球数字基础设施供应商EDGNEX将投资23亿美元开发数据中 心。 ...
AgriFORCE (NASDAQ: AGRI) Ignites Energy-Led Digital Infrastructure Strategy with Launch of First Commissioned Site in Berwyn, Alberta and Execution of Strategic LOI for Alberta Expansion
Globenewswire· 2025-06-17 12:30
Core Insights - AgriFORCE Growing Systems Ltd. has announced significant advancements in its Power & Compute strategy, focusing on Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization [1][5] Group 1: Operational Milestones - The Berwyn site is the first operational deployment under the Power & Compute Initiative, currently running with a capacity of over 425 kW, with plans to expand to over 625 kW [2][6] - A binding Letter of Intent (LOI) has been signed with BlueFlare Energy™ to develop an additional 1.3 MW of power and compute capacity at two new sites in Alberta [4][6] Group 2: Strategic Vision - The company aims to convert stranded gas into ESG-compliant digital compute rapidly, with a target of reaching 1 EH/s compute capacity by Q1 2026 [3][5][12] - The operational model includes a blended approach where up to 50% of capital raises are allocated to direct Bitcoin purchases, and up to 50% of mined Bitcoin is retained in the corporate treasury [9] Group 3: Infrastructure and Technology - The infrastructure includes high-efficiency mining pods and a proprietary operating system for telemetry and predictive maintenance, ensuring ESG compliance [7][10] - The company has exclusive access to over 50 MW of natural gas, with plans to expand to over 100 MW by 2026, utilizing mobile, off-grid systems to bypass utility delays [12]
Colt报告:逾68%已投资AI的香港企业每年相关支出逾25万美元
智通财经网· 2025-06-12 06:51
此外,尽管已投资人工智能的香港企业投资金额相对可观,不少香港本地企业却尚未开始投资与人工智 能相关的科技。研究显示,日本(90%)、美国(84%)、德国(69%)及英国(68%)的企业在本次研究中表示目 前正在投资人工智慧,比例高于其他所有受访市场。相比之下,目前仅42%的香港企业已投资人工智 能,不及60%的全球平均水平,低于美国和日本两个领先市场。 Colt 区域销售总监兼香港主管刘嘉凤表示,这项研究为我们提供了难得的机会,深入了解人工智能如何 重塑全球资讯科技发展,以及相关投资的优先事项对香港市场的影响。香港政府正积极推动香港成为全 球领先的人工智能枢纽,企业可把握机会大展拳脚。数据显示,42%的香港企业正在投资人工智能科 技,但相信这只是数码发展的起步。 智通财经APP获悉,日前,数码基础设施公司 Colt Technology Services 发布了最新《资讯科技优先策略 报告》。报告发现,目前投资人工智能(AI)的香港企业当中,超过68%公司每年于相关科技上花费25万 美元或以上,而超过四分之一(27%)香港企业的投资数字更介于75万美元至99万美元的较高范围内。与 此同时,27%的新加坡企业、 ...
Crown Castle Inc. (CCI) Presents at Nareit REITweek: 2025 Investor Conference Transcript
Seeking Alpha· 2025-06-04 20:38
Core Viewpoint - Crown Castle Inc. is positioned as a digital infrastructure company, focusing on enhancing its asset portfolio and strategic direction in response to recent developments in the industry [8]. Group 1: Company Overview - Crown Castle has experienced significant changes over the past nine months, indicating a dynamic approach to its operations and market positioning [9]. Group 2: Leadership and Participation - The conference call features key company participants, including Interim CEO Daniel K. Schlanger and CFO Sunit Patel, highlighting the leadership's engagement with investors and analysts [2][3].
Call Traders Blast Applied Digital Stock Amid 3-Year Highs
Schaeffers Investment Research· 2025-06-04 19:23
Core Insights - Applied Digital Corp (APLD) has experienced a significant stock increase of 29.2%, reaching $13.24, following a major announcement of a 15-year, $7 billion partnership with CoreWeave to develop AI data centers [1] - The stock has seen a remarkable rally, with a 48% increase on Monday and a total rise of 73% since the beginning of 2025 [2] Options Activity - APLD has recorded an extraordinary options trading volume, with 489,000 contracts exchanged, which is six times the typical daily volume, including 392,000 call options [2] - The most popular options are the weekly 6/6 13-strike call and the 15-strike call, indicating strong bullish sentiment among traders [2] Analyst Sentiment - Following the recent developments, several analysts have raised their price targets for APLD, although the 12-month consensus target price stands at $13.55, suggesting limited upside potential from current levels [3] - The short interest in APLD is notably high, representing 35.8% of the stock's available float, indicating potential volatility in the stock price [3]
Vertiv Names Mike Giresi as Global CIO
Prnewswire· 2025-06-03 11:30
Giresi to further reinforce Vertiv's digital and AI strategy, in support of executional strength, superior customer experience and operational leverageCOLUMBUS, Ohio, June 3, 2025 /PRNewswire/ -- Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced that Mike Giresi will join the company on June 30, 2025 as global Chief Information Officer (CIO), leading company initiatives in AI adoption across the business, cybersecurity, product security, and digital enabled productivity ...
AgriFORCE (NASDAQ: AGRI )Emerges from Bitcoin 2025 with Expanded Industry Relationships and Clear Path to Infrastructure Leadership
Globenewswire· 2025-05-30 17:00
Three Days of Collaboration Reinforce AgriFORCE’s Role in Grid-Efficient Mining and Digital Energy Futures Vancouver, British Columbia and West Palm Beach, FL, May 30, 2025 (GLOBE NEWSWIRE) -- Following an impactful presence at Bitcoin 2025, AgriFORCE Growing Systems Ltd. (“AgriFORCE” or the “Company”) (NASDAQ: AGRI) is pleased to share key takeaways, strategic insights, and next steps in its mission to accelerate sustainable digital infrastructure development. Key Takeaways from Bitcoin 2025 Strengthened E ...
AgriForce Growing Systems Ltd. Launches TerraHash Digital™ to Accelerate Energy and Mining Infrastructure Expansion
Globenewswire· 2025-05-27 13:30
Core Insights - AgriForce Growing Systems Ltd. has launched a new division, TerraHash Digital, aimed at developing scalable and energy-efficient Bitcoin mining campuses and digital infrastructure solutions [1][2] - The launch coincides with Bitcoin 2025, the largest Bitcoin conference, where the company will present its strategic roadmap and development priorities [2][3] - The CEO of AgriForce emphasized the importance of combining smart energy strategies and decentralized computing to capture long-term value in the digital economy [3] Company Overview - AgriForce is a technology company focused on innovation at the intersection of agriculture, clean energy, and digital infrastructure [5] - The TerraHash Digital division aims to create high-performance Bitcoin mining campuses that support decentralized compute networks while promoting clean energy reuse and sustainable food production [5] Strategic Focus - TerraHash Digital is part of AgriForce's mission to integrate clean energy and sustainable technologies within the Bitcoin ecosystem [4] - The division is designed to scale responsibly, maximizing profitability while delivering community and environmental benefits [5] Infrastructure and Technology - The company plans to implement vertically integrated mining, controlling land, power procurement, and infrastructure deployment [6] - It aims to utilize low-cost power solutions, including stranded natural gas and flare mitigation [6] - The division will focus on post-halving optimization to ensure uptime reliability and sustained hashrate in a high-difficulty environment [6] - Future innovations may include thermal energy reuse for food production and ESG-aligned colocation zones [6]
Mawson Infrastructure Group Inc. Reports Q1 2025 Unaudited Financial Results
Globenewswire· 2025-05-15 21:15
Core Insights - Mawson Infrastructure Group Inc. reported a 27% year-over-year growth in digital colocation revenue, reaching $10.4 million, and a 24% year-over-year growth in energy management revenue, totaling $3.1 million for Q1 2025 [6][2] - The company executed a new digital colocation customer agreement for approximately 64 MW of compute capacity, which is expected to drive long-term growth in its digital colocation services [2][6] - Mawson continues to focus on enhancing its offerings in artificial intelligence, high-performance computing, and digital assets while prioritizing carbon-free energy sources, including nuclear power [2][5] Financial Performance - Digital colocation revenue increased by 27% year-over-year to $10.4 million in Q1 2025 [6] - Energy management revenue rose by 24% year-over-year to $3.1 million in Q1 2025 [6] - The company achieved a positive income from operations of $0.6 million in Q1 2025, a significant improvement from a loss of $7.7 million in Q1 2024 [6] Operational Highlights - Mawson's total current operational capacity stands at 129 MW, with an additional 24 MW under development, which will increase total operating capacity to 153 MW upon completion [6] - The new customer agreement involves providing digital colocation services for about 17,453 latest-generation ASICs [6] - The company is strategically positioned in the PJM market, one of the largest competitive wholesale electricity markets in North America [6] Future Outlook - Mawson's management expressed confidence in the company's strategic, operational, technological, and financial execution, indicating a strong position to meet the compute capacity needs of enterprise customers [2] - Upcoming conferences and events are planned for further engagement and visibility in the industry [4]