Company Overview - Cango Inc. is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa [4] - The company entered the crypto asset space in November 2024, driven by advancements in blockchain technology and the growing adoption of digital assets [4] - Cango also operates an online international used car export business through AutoCango.com, facilitating global access to high-quality vehicle inventory from China [4] Financial Results Announcement - Cango plans to release its second quarter 2025 financial results after the market closes on Thursday, September 04, 2025 [1] - The earnings release will be available on the company's investor relations website [1] Conference Call Details - Management will hold a conference call on Thursday, September 04, 2025, at 9:00 P.M. Eastern Time to discuss the financial results [2] - Listeners can access the call through various international and toll-free numbers, including a specific conference ID for Cango Inc. [2] - A replay of the call will be accessible through September 11, 2025, along with a live and archived webcast available on the investor relations website [3]

Market Performance - The S&P 500 recorded a 1.5% gain in August, marking its fourth consecutive month of increases, with a record high achieved during the month [1] - The Dow Jones rose by 3.2% in August, also reflecting its fourth successive monthly increase [1] - The Nasdaq experienced a 1.6% gain, achieving its fifth consecutive monthly rise, the longest winning streak in nearly a year and a half [2] - Small-cap stocks, represented by the Russell 2000, surged approximately 7% in August, marking its fourth consecutive monthly gain and the strongest streak in over four years [2] Economic Indicators - Core inflation in the U.S. was reported at 2.9% seasonally adjusted in July, meeting estimates but higher than June, raising concerns as it remains above the Fed's 2% target [3] - Consumer sentiment fell to a three-month low in August, driven by tariff-related concerns and inflation expectations [4] - Despite the inflation data, there is an 86.4% chance of a quarter-point rate cut in September, indicating market confidence in a potential easing of monetary policy [5] Sector Analysis - The tech sector faced volatility in late August, with fears of an AI bubble impacting market sentiment [6] - Major tech stocks experienced declines on the last day of August, with NVIDIA down over 3.3%, Tesla down 3.5%, Meta down 1.7%, and Amazon down over 1.1% [7] Investment Opportunities - The Roundhill Cannabis ETF (WEED) surged 91.3% in August, while the Amplify Seymour Cannabis ETF (CNBS) rose 83.2%, driven by speculation of potential reclassification of marijuana [9] - The KraneShares SSE STAR Market 50 Index ETF (KSTR) increased by 29.7%, focusing on the largest companies on the SSE Science and Technology Innovation Board [11] - The Sprott Active Gold & Silver Miners ETF (GBUG) rose 25.5%, targeting investments in gold and silver mining companies [12] - The VanEck ChiNext ETF (CNXT) gained 25%, tracking the performance of major China A-share stocks [13] - The CoinShares Bitcoin Mining ETF (WGMI) increased by 23.9%, providing exposure to companies involved in bitcoin mining operations [14]

Gryphon Digital Mining shareholders vote to combine with Trump-linked bitcoin mining venture https://t.co/Rzyl0et9iF ...

🚨 TODAY: Bitcoin miner IREN surges 14% after-hours following record Q2 revenue of $187.3M and $176.9M net income, driven by growth in its BTC mining business and expansion into AI. https://t.co/SzryOwc0dp ...

American Bitcoin, a Bitcoin miner that’s partially owned by two of U.S. President Donald Trump’s sons, is inching closer to its public debut, targeting September for a listing on the Nasdaq, according to Asher Genoot, CEO of Bitcoin miner @Hut8Corp. https://t.co/bTJQkRhhHG ...

Financial Data and Key Metrics Changes - The company reported record revenue of $187 million for FY 2025, an increase of $42 million from the previous quarter, primarily driven by Bitcoin mining revenue of $180 million [14] - EBITDA grew tenfold year-on-year, with annualized revenue from Bitcoin mining operations exceeding $1 billion [7][32] - The company closed the financial year with approximately $565 million in cash and total assets of $2.9 billion, indicating a strong balance sheet [16] Business Line Data and Key Metrics Changes - The Bitcoin mining capacity increased to 50 exahash, with high margin revenues driving profitability, achieving an all-in cash cost of $36,000 per Bitcoin mined against an average realized price of $99,000 [15] - AI cloud revenue reached $7 million during the quarter, with over 10,000 GPUs online or being commissioned [9][10] - The company expanded its contracted grid-connected power by over a third to nearly 3 gigawatts and tripled its operating data center capacity to 810 megawatts [7] Market Data and Key Metrics Changes - The AI cloud business is experiencing rapid scaling, with significant demand for GPU resources as enterprise adoption of AI solutions accelerates [17] - The percentage of organizations leveraging AI in multiple business functions increased from 55% to 78% in the last year, highlighting the growing market demand [17] - Power availability and GPU-ready data center capacity remain scarce, with customers prioritizing speed to deploy and scalability [18] Company Strategy and Development Direction - The company is focused on scaling across the full AI infrastructure stack, from grid-connected transmission to digital compute, positioning itself to capture a broad and growing addressable market [10] - The construction of Horizon 1, a direct-to-chip liquid cooling AI data center, is underway, with plans for further expansion to support over 60,000 NVIDIA GPUs [12][23] - The company aims to maintain a CapEx efficient growth strategy, securing GPU financing at single-digit rates to fund expansion [21][35] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the AI cloud market, noting that demand is accelerating faster than supply, with significant infrastructure constraints [17][18] - The company is well-positioned to meet market demand due to its vertical integration and control over key bottlenecks in the supply chain [18] - Future growth is expected to be driven by the AI cloud business, with projections of billions in annualized revenue from this segment alone [11] Other Important Information - The company has transitioned to a US domestic issuer status and is now reporting under US GAAP and SEC regulations [14] - The company is advancing multiple data center projects to drive revenue growth and future expansion [11][27] Q&A Session Summary Question: Efficiency at sites and backup generation - The company operates at a PUE of 1.1 in British Columbia, with expectations to maintain competitive efficiency levels across its sites [40] - Redundancy is being introduced across the GPU fleet to enhance customer service, driven by customer demand [42] Question: Contract duration for cloud business - The company has a range of contract lengths from one month to three years, with newer equipment often seeing longer-term contracts [50] Question: Strategic thinking on Horizon projects - Horizon 1 is engineered specifically for liquid-cooled GPUs, with flexibility to accommodate various GPU densities [60] - The company is exploring both cloud and colocation opportunities to maximize risk-adjusted returns [106] Question: Financing for Blackwell GPUs - The company is utilizing various leasing structures for GPU financing, allowing flexibility in equipment ownership at the end of lease terms [72] Question: Key hires and sales strategy - The company is actively hiring across various functions to support cloud and colocation businesses, focusing on expanding its go-to-market capabilities [83] - The company is leveraging its unique competitive advantages, including end-to-end infrastructure control, to attract AI clients [89]

DMINT, INC. (Exact Name of Registrant as Specified in its Charter) As filed with the Securities and Exchange Commission on August 28, 2025 Registration Number 333-282740 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 4 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Barry I. Grossman, Esq. David Selengut, Esq. Justin Grossman, Esq. Ellenoff Grossman & Schole LLP 1345 Avenue of the Americas New York, NY 10105 Phone: (212) 370-1300 Fax: (212) 370-7889 ...

Financial Performance - IREN reported quarterly earnings of 66 cents per share, exceeding the consensus estimate of 14 cents [1] - Quarterly revenue reached $187.3 million, surpassing the analyst consensus estimate of $186.53 million and significantly up from $52.76 million in the same period last year [1] - The company achieved record financial results in FY25, with strong net income and over 10x EBITDA growth [2] Operational Highlights - IREN expanded its contracted, grid-connected power to nearly 3GW and tripled its operating data center capacity to 810MW [3] - The company completed its 50 EH/s expansion and is laying the groundwork for rapid growth in its AI Cloud business, targeting more than 10,000 NVIDIA GPUs [3] Future Growth Potential - IREN is approaching $1.25 billion in total annualized revenue, with over $1 billion expected from Bitcoin mining under current mining economics [4] - The company anticipates $200-$250 million in annualized revenue from its AI Cloud business with 10.9k NVIDIA GPUs by December 2025 [4] - IREN has the capacity to deploy over 60,000 Nvidia Blackwell GPUs across existing British Columbia data centers and over 19,000 GB300s at Horizon 1 [4] - The company secured a second round of GPU financing covering 100% of the hardware purchase price, with additional financing efforts underway [4]

Benchmark Raises Hut 8 Price Target as Bitcoin Miner Aims to Boost Energy Capacity► https://t.co/4GVpMeOvvU https://t.co/4GVpMeOvvU ...

Group 1: Company Overview - Strategy (MSTR) is the world's largest bitcoin treasury company, holding 628,791 bitcoins, which is 3% of all bitcoin in existence as of July 29 [1][9] - The company has raised $10.7 billion in equities and $7.6 billion in fixed income securities year to date [2][9] Group 2: Financial Performance and Projections - Strategy expects to achieve a bitcoin yield of 30% and $20 billion in gains, assuming the bitcoin price reaches $150,000 by the end of the year [3] - The projected operating income for 2025 is $34 billion, with a net income of $24 billion and earnings of $80 per share based on the same bitcoin price outlook [4] - The Zacks Consensus Estimate for MSTR's 2025 revenues is $466.8 million, indicating a 0.7% growth from 2024 [6] Group 3: Competitive Landscape - MSTR's estimated 2025 net income of $24 billion is significantly better than competitors Riot Platforms (estimated net loss of $0.5 billion) and MARA Holdings (estimated net loss of $0.8 billion) [4] - Riot Platforms and MARA Holdings have 19,273 and 49,951 bitcoins, respectively, as of June 30 [4] Group 4: Stock Performance and Valuation - MSTR shares have appreciated 18.5% year to date, outperforming the broader Zacks Finance sector's return of 11.8% [7] - MSTR is trading at a forward 12-month price/sales ratio of 2.03X, compared to MARA Holdings' 1.19X and Riot Platforms' 1.49X [13]