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INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Bitdeer Technologies
Globenewswire· 2026-01-14 15:12
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Bitdeer Technologies Group due to alleged violations of federal securities laws, particularly concerning misleading statements about the company's SEALMINER A4 project and its delayed product development [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the February 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Bitdeer [4]. - Investors who suffered losses in Bitdeer between June 6, 2024, and November 10, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Financial Performance and Stock Impact - Bitdeer reported a third-quarter earnings per share of -$1.28, missing the consensus estimate of -$0.22, which led to a stock price drop of $2.63 per share, or 14.9%, closing at $15.02 on November 11, 2025 [7]. - Following a fire incident at its construction facility, Bitdeer's stock fell another $2.83 per share, or 20.3%, closing at $11.11 on November 13, 2025 [8]. Group 3: Allegations of Misleading Statements - The complaint alleges that Bitdeer and its executives failed to disclose critical information regarding the SEAL04 chip's readiness and its expected mass production timeline [6].
Canaan Inc. Provides December 2025 Bitcoin Production and Mining Operation Updates
Prnewswire· 2026-01-14 14:05
Core Viewpoint - Canaan Inc. has demonstrated significant growth in its bitcoin mining operations, with a notable increase in deployed hashrate and cryptocurrency treasury, despite a challenging macroeconomic environment [2][5]. Group 1: Mining Operations - The operating hashrate increased by 61% year-over-year, while the installed hashrate grew by 82%, significantly outpacing the global Bitcoin network's approximately 34% hashrate growth [2]. - Canaan mined 86 BTC in December 2025, ending the year with a total of 1,750 BTC and 3,951 ETH, marking a 35% increase in BTC holdings from 1,293 BTC as of December 31, 2024 [3][4]. - The global average miner efficiency improved to 24.3 J/TH, with installed power capacity reaching 250.4 MW by the end of December 2025 [2][8]. Group 2: Treasury Management - Throughout 2025, Canaan's treasury strategy focused on operational reinvestment and reserve scaling, adding 1,091 BTC through mining operations and 128 BTC through market purchases [3]. - The company deployed 776 BTC for power-related expenditures and received 13 BTC from sales-related income, contributing to a disciplined treasury approach [5]. - The year-end cryptocurrency positions represent a historical high for Canaan, providing financial flexibility for future initiatives [5]. Group 3: Energy Efficiency Initiatives - Canaan is advancing energy-efficiency initiatives, including a 3.0 MW proof-of-concept project in Manitoba, Canada, aimed at recovering heat from computing systems for greenhouse operations [13]. - The company is focused on optimizing fleet operations and miner efficiency to adapt to fluctuations in mining economics [2]. Group 4: Corporate Updates - On December 17, 2025, Canaan announced the renewal of a US$30 million share buyback program, reflecting management's confidence in the company's financial position and long-term growth [12].
Bitfarms Conference: BITF Details Pivot From Bitcoin Mining to AI Data Centers and HPC Power Play
Yahoo Finance· 2026-01-14 08:03
Wilson pointed to rising lease economics as evidence of the bottleneck. He said data center lease rates, which grew roughly 3% on average over the last 20 years, have increased at an average of about 12% since 2022. He also cited industry commentary around a future power shortfall for data centers by 2030 and referenced a public statement by Microsoft’s CEO that the company has GPUs it cannot deploy due to infrastructure constraints.Chief Operating Officer Liam Wilson said the company’s core thesis is that ...
Bitdeer hits 58 EH/s in December as it vies with MARA for top spot
Yahoo Finance· 2026-01-13 15:53
Core Insights - Bitdeer reported a proprietary hashrate of 58 EH/s in December, positioning itself as a strong competitor against industry leaders like MARA, CleanSpark, and IREN [1] - The company mined 636 bitcoin in December 2025, marking a 339% increase year-over-year [1] - Bitdeer's production increase is attributed to the deployment of its SEALMINER rigs, enhancing its self-mining capacity to 55.2 EH/s [1] Mining Performance - Bitdeer's bitcoin production of 636 in December significantly narrows the gap with CleanSpark's 622 bitcoin and MARA's implied hashrate of 60.4 EH/s [2] - IREN achieved a hashrate of 50 EH/s last year but paused operations to focus on AI initiatives [2] Technology Development - The company is advancing its next-generation SEAL04 chips, which have shown power efficiency of 6-7 J/TH, with mass production expected in Q1 2026 [3] - Bitdeer sold approximately 1.4 EH/s of SEALMINER A2 units to external parties in December [3] Diversification Efforts - Beyond bitcoin mining, Bitdeer is testing high-performance computing equipment in Southeast Asia, deploying NVIDIA GB200 systems in Malaysia [4] - The company plans to publicly launch its cloud service in January 2026 and is exploring data center leasing opportunities in the U.S. [4] Financial and Operational Capacity - As of December 31, Bitdeer held 2,017 bitcoin and manages a total global electrical capacity of 1,658 megawatts across various locations [5] - Ongoing construction includes a 570-megawatt site in Clarington, Ohio, expected to be operational by Q3 2026, and design work for AI data center conversion in Norway [5]
BTDR Investors Have Opportunity to LeadBitdeer Technologies Group Securities Fraud Lawsuit
Prnewswire· 2026-01-13 01:00
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 specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [4]. Group 3: Case Background - The lawsuit alleges that defendants provided misleading information regarding Bitdeer's SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs and the expected energy efficiency of the SEAL04 chip [5]. - Defendants failed to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production was expected to begin in the second quarter of 2025 [5]. - These misleading statements led to investors purchasing Bitdeer securities at artificially inflated prices, resulting in damages when the true information became public [5].
Why IREN Limited Skyrocketed 285% in 2025
Yahoo Finance· 2026-01-12 15:35
Core Insights - IREN Limited's shares surged by 284.6% in 2025, transitioning from a small Bitcoin miner to a prominent AI neocloud provider after launching its AI platform and securing major customers [1][7] Company Developments - IREN began as a Bitcoin miner in 2019 but strategically invested in grid-connected, renewable energy data centers, recognizing their long-term value [3] - The company operates three data centers in British Columbia, Canada, with a total capacity of 160 megawatts (MW) and has acquired an additional 2.75 gigawatts (GW) of land in Texas [4] - IREN's position as a preferred partner to Nvidia allows it to significantly increase its GPU inventory from 1,900 to 10,900 by the end of 2025 [6] Industry Context - The demand for AI compute resources is surging, with IREN's renewable energy assets becoming increasingly valuable as other neoclouds face power supply challenges [2][5] - Oracle's announcement of a 359% increase in its cloud backlog, largely due to a contract with OpenAI, highlights the growing demand for AI capabilities in the industry [8]
Canaan (CAN) Growth Momentum Strengthens Following 3.0 MW Proof-of-Concept Project Announcement
Yahoo Finance· 2026-01-12 09:23
Canaan Inc. (NASDAQ:CAN) is included in our list of the stocks under $1 that will explode. Canaan (CAN) Growth Momentum Strengthens Following 3.0 MW Proof-of-Concept Project Announcement On January 6, 2026, Canaan Inc. (NASDAQ:CAN) announced a 3.0 MW proof-of-concept (PoC) project with Bitforest Investment in Manitoba, Canada. The move is a strategic step to monetize waste heat from crypto mining through agricultural applications. The 24-month pilot will see the company deploy 360 Avalon A1566HA-460T liq ...
HIVE Digital Technologies expands AI & Bitcoin operations - ICYMI
Proactiveinvestors NA· 2026-01-10 18:07
Core Insights - HIVE Digital Technologies has experienced significant operational growth and strategic expansion in Bitcoin mining and high-performance computing (HPC) [1] - The company mined 306 Bitcoin in December, marking a 197% year-over-year increase, primarily driven by capacity expansion in Paraguay [7] Group 1: Operational Growth - The company scaled its operations in Paraguay from 6 to 25 exahash, contributing significantly to its Bitcoin production [1][7] - HIVE has been upgrading to more efficient ASIC mining chips, reducing energy consumption from 30 joules per terahash to as low as 11 joules in newer models [2][8] - The company demonstrated growth across various time frames, including year-over-year, quarter-over-quarter, and month-over-month, despite challenging market conditions [4] Group 2: Strategic Expansion - HIVE is developing a new 100MW facility in Paraguay, which is expected to add another 10 exahash, translating to approximately five Bitcoin per day [2][10] - The company is also building an HPC data center in Manitoba in collaboration with Bell Canada, aimed at supporting AI workloads using Nvidia chips [2][10] - The dual engine of growth in Bitcoin mining and HPC positions HIVE favorably within the technology sector, particularly as AI and HPC demand continues to rise [6]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
Globenewswire· 2026-01-10 17:42
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, lead plaintiff deadline for 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]. - To serve as lead plaintiff, individuals must file a motion with the Court by February 2, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Background - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs and the efficiency of its SEAL04 ASIC 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 use in the A4 rigs until mass production began in the second quarter of 2025 [5]. - These misleading statements led to investors purchasing Bitdeer securities at inflated prices, resulting in damages when the true information became public [5].
Ignore the Noise: 3 AI Stocks Set to Surge 200% by the End of the Decade
Yahoo Finance· 2026-01-09 19:43
Key Points Tech giants remain committed to spending heavily on their AI infrastructure buildouts in 2026. AI chipmakers have led the stock market's rally for several years, but the next wave of growth is likely to come from a different batch of stocks. Companies operating in spaces that act as bottlenecks in the AI buildout can be promising investments. 10 stocks we like better than Axcelis Technologies › Picking individual stocks gives investors a shot at beating the market, and while there are ...