TeraWulf’s (NASDAQ: WULF ) Q1 earnings report is scheduled for 8:00 AM EST today (May 7). This article will cover the earnings preview and expectations from the earnings call, as well as the outlook for the fiscal year with anticipated updates from WULF Compute, theMandela has been a cryptocurrency enthusiast and trader since 2017. He loves coding and writing about cryptocurrencies and crypto investment strategies. He has an in-depth understanding of distributed ledger technology, the Web3 technology stack, ...

Group 1 - BitFuFu Inc. announces its sponsorship of Bitcoin 2025, the world's largest Bitcoin event, scheduled for May 27–29, 2025, in Las Vegas, Nevada [10] - The event is expected to attract over 30,000 attendees, 5,000 companies, and more than 400 speakers from around the globe, focusing on the future of Bitcoin [2] - Charley Brady, Vice President of Investor Relations at BitFuFu, will be a featured speaker discussing cloud mining, highlighting the company's commitment to making Bitcoin mining accessible [3][4] Group 2 - BitFuFu will showcase its latest global deployment strategy, one-stop mining services, and proprietary technologies at Booth 711 during the event [3] - The company aims to empower the global Bitcoin network through its industry-leading cloud mining platform and rapidly scaling data center infrastructure [5] - The sponsorship of Bitcoin 2025 aligns with BitFuFu's mission to promote efficient, transparent, and secure mining solutions [3]

Core Viewpoint - Intchains Group Limited is set to release its unaudited financial results for the first quarter of 2025, which ended on March 31, 2025, highlighting its ongoing activities in altcoin mining, Ethereum-based cryptocurrency acquisition, and Web3 application development [1]. Group 1 - The earnings conference call will take place on May 22, 2025, at 8:00 PM U.S. Eastern Time, allowing stakeholders to discuss the financial results [2]. - Participants must register in advance using a provided link to receive dial-in numbers and a personal access PIN for the conference call [2]. - A live and archived webcast of the conference call will be available on the Company's investor relations website [3]. Group 2 - Intchains Group Limited focuses on providing altcoin mining products, acquiring and holding Ethereum-based cryptocurrencies, and developing innovative Web3 applications [4]. - For further inquiries, the Company has provided contact information for investor relations [5].

Core Insights - MARA Holdings experienced a 16.3% increase in share price in April 2025, driven by rising Bitcoin prices which enhanced the value of its assets [1] - The company's Bitcoin holdings grew from 47,531 to 48,237 coins within a month, with a dollar value increase from $3.91 billion to $4.55 billion, marking a 16.1% rise [2] - MARA has significantly expanded its mining capacity, doubling electric power service from 50 to 100 megawatts at its Ohio data center and installing 12,000 mining machines, resulting in a 5.5% increase in active mining capacity [3] Industry Context - The Bitcoin mining sector is facing increased competition and higher calculation difficulty, which has led to a slight decrease in Bitcoin production for MARA in April 2025 compared to the previous year [5] - The recent halving event in April 2024 has halved mining rewards, impacting MARA's coin production and necessitating greater effort to maintain output levels [6] - As a major Bitcoin holder and leading mining operation, MARA is positioned to gain market share as smaller competitors may be forced to exit the market due to these challenges [6]

Core Insights - MARA Holdings, Inc. reported a 15% month-over-month decrease in blocks won and BTC produced in April 2025, attributed to a significant increase in global hashrate and mining difficulty [3][5] - The company's energized hashrate grew by 5.5% to 57.3 EH/s, supported by a recent 50 MW expansion at its Ohio data center [3][5] - As of April 30, 2025, MARA held a total of 48,237 BTC and did not sell any BTC during the month [6] Operational Highlights - Number of Blocks Won decreased from 242 in March to 205 in April, a decline of 15% [5] - BTC Produced fell from 829 in March to 705 in April, also a 15% decrease [5] - Average BTC Produced per Day decreased from 26.8 to 23.5, a 12% decline [5] - Share of available miner rewards decreased from 5.8% to 5.1% [5] - Energized Hashrate increased from 54.3 EH/s to 57.3 EH/s, a growth of 5.5% [5] Strategic Focus - The company aims to transform into a vertically integrated digital energy and infrastructure company, enhancing operational control and cost efficiency [4][10] - Recent expansions include fully energizing 25 MW gas-to-power operations in North Dakota and Texas, which provide the lowest cost per BTC mined [4][10]

Core Viewpoint - Needham analyst John Todaro maintains a Buy rating on Riot Platforms, Inc. but has lowered the price forecast from $13.50 to $12 following the company's first quarter results, which showed significant revenue growth primarily from Bitcoin mining [1][5]. Financial Performance - Riot Platforms reported total revenue of $79.3 million in the first quarter, an increase driven by a $71.5 million rise in Bitcoin mining revenue [1]. - The company produced 1,530 Bitcoin in the first quarter, up from 1,364 Bitcoin in the same quarter of the previous year [2]. - The average cost to mine Bitcoin was $43,808 during the quarter [2]. Investment Thesis - The analyst is optimistic about Riot Platforms for several reasons: - The company has high-performance computing (HPC) opportunities in 2026 with a potential capacity of 600MW at its Corsicana site [3]. - Riot is a low-cost Bitcoin producer, with power costs below four cents per kilowatt-hour [4]. - The company maintains a clean balance sheet with no corporate debt and holds one of the largest cash and Bitcoin positions among publicly traded mining firms [4]. - The stock is currently trading at a discount compared to peers, which is expected to change as HPC becomes a more significant growth driver [5]. Future Outlook - The price forecast was adjusted based on a multiple of 13 times the firm's estimated EV/EBITDA for 2026 [5]. - The resolution of litigation with Rhodium is expected to ease SG&A expenses and free up an additional 125MW of capacity [5]. - Although Riot has not yet secured a letter of intent with HPC tenants, there is optimism regarding the potential at the Corsicana site due to infrastructure upgrades and management's commitment to developing a full-stack, built-to-suit data center [6].

Core Insights - Cipher Mining Inc. reported a solid production performance in April 2025, despite a planned three-day shutdown for maintenance at its Odessa site [3][4] - The company mined approximately 174 BTC in April and sold around 350 BTC, ending the month with a total of approximately 855 BTC held [2][4] - Cipher's operational metrics included 75,000 deployed mining rigs and a month-end operating hashrate of 13.5 EH/s, with fleet efficiency at 18.9 J/TH [2] Production and Sales Metrics - BTC Mined: 174 BTC [2] - BTC Sold: 350 BTC [2] - BTC Held: 855 BTC [2] - Deployed Mining Rigs: 75,000 [2] - Month End Operating Hashrate: 13.5 EH/s [2] - Month End Fleet Efficiency: 18.9 J/TH [2] Financial Highlights - Estimated power sales in April were equivalent to approximately 3 BTC, based on a month-end bitcoin price of $94,808 [10] - Approximately 24 BTC were mined at joint venture data centers representing Cipher's ownership [10] - Approximately 379 BTC were pledged as collateral [10] Management Commentary - The company plans to provide a business update during its earnings call scheduled for May 6, 2025 [3] - The power provider is entitled to 5% curtailment hours per annum under the power purchase agreement [3] Company Overview - Cipher focuses on developing and operating industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting [5] - The company aims to be a market leader in innovation within the bitcoin mining sector and data center construction [5]

LAS VEGAS, May 2, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, will discuss its fiscal second quarter 2025 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 8, 2025.Webcast Information: To view the webcast, please click here.Downloadable files, including a transcript, will be available on the company website 48 hours after the event.About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a mark ...

Core Insights - Riot Platforms, Inc. reported a revenue of $161.39 million for Q1 2025, marking a year-over-year increase of 103.5% [1] - The company's EPS for the same period was -$0.90, a decline from $0.81 a year ago, indicating a significant EPS surprise of -260.00% compared to the consensus estimate of -$0.25 [1] Revenue Breakdown - Bitcoin mined was reported at 1,530, matching the average estimate from two analysts [4] - Revenue from Bitcoin mining reached $142.90 million, exceeding the six-analyst average estimate of $139.35 million, with a year-over-year increase of 91.6% [4] - Engineering revenue was reported at $13.90 million, below the six-analyst average estimate of $16.57 million, but still reflecting a year-over-year increase of 195.7% [4] - Other revenue amounted to $4.60 million, slightly below the four-analyst average estimate of $5.11 million, yet showing a remarkable year-over-year increase of 19066.7% [4] Stock Performance - Over the past month, shares of Riot Platforms, Inc. have returned -9.7%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

NASDAQ: RIOT Riot Platforms (NASDAQ: RIOT) Q1 2025 Update May 1, 2025 Forward Looking Statements Statements in this presentation that are not statements of historical fact are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and are not guarantees of future performance or actual results. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended ...