Hong Kong, May 29, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS) The Company is pleased to announce certain highlights of its operating results for the first quarter of fiscal year 2025 These figures have not been reviewed or audited by the Company’s auditors. (‘mn) 2025Q1 2024Q1 +/- （％） Revenue from operations 1.78 2.15 -17.2 Costs of revenue (0.96) (0.86) +11.6 Gross profit from operations 0.82 <td style="verti ...

Core Viewpoint - BitFuFu Inc. is set to release its unaudited financial results for Q1 2025 on June 5, 2025, before U.S. markets open, indicating the company's ongoing commitment to transparency and investor communication [1]. Company Overview - BitFuFu Inc. is recognized as a world-leading Bitcoin miner and innovator in mining services, focusing on empowering the global Bitcoin network through its advanced cloud mining platform and rapidly scaling infrastructure [3]. Earnings Conference Call - The management team will conduct an earnings conference call on June 5, 2025, at 8:00 A.M. U.S. Eastern Time, allowing investors to gain insights into the company's performance [1]. - Participants must register in advance to join the conference call, receiving a confirmation email with dial-in numbers and a unique access PIN [2]. Investor Relations - For investor inquiries, BitFuFu provides contact details for its Investor Relations team, ensuring open lines of communication for stakeholders [4].

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - May 28, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 10 Exahash per second (EH/s) of global Bitcoin ...

This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - May 28, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 10 Exahash per second (EH/s) of global Bitcoin ...

Core Viewpoint - HIVE Digital Technologies is experiencing a transformative year with plans to exponentially grow its operational capacity from 6 exahash (EH/s) to 10 EH/s in a short timeline, aligning with its operational blueprints [1][4]. Group 1: Growth Plans - The company aims to scale its operational capacity to 10 EH/s, with incremental growth targets of 7, 8, and 9 EH/s every two weeks [4]. - HIVE's expansion in Paraguay has increased its initial plan from 100 megawatts to 300 megawatts due to opportunities arising from another operator exiting the region [2][6]. - The construction in Paraguay is progressing rapidly, with over 350 workers currently on-site [2][7]. Group 2: Market Position - HIVE's current Bitcoin production accounts for over 1% of the global network, with Bitcoin prices reaching $111,000 [5]. - The company is targeting 18 EH/s by the summer of this year, with construction and equipment installation on track [9]. Group 3: Community Engagement - HIVE has initiated an ESG strategy, contributing to local schools by addressing the lack of air conditioning in high temperatures, having supported over ten schools near its facilities [8].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified class period of their potential entitlement to compensation through a class action lawsuit [1][4]. Group 1: Class Action Details - The class period for the Bitfarms securities is from March 21, 2023, to December 9, 2024 [1]. - Investors can join the class action by submitting a form or contacting the law firm directly [2][5]. - A lead plaintiff must be appointed by July 8, 2025, to represent other class members in the litigation [2]. Group 2: Allegations Against Bitfarms - The lawsuit alleges that Bitfarms made false or misleading statements and failed to disclose significant issues regarding its internal controls over financial reporting [4]. - Specific allegations include misclassification of cash flows from the sale of digital assets and overstating the remediation of internal control weaknesses [4]. - The inaccuracies in financial statements are said to have caused investor damages when the true information became public [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in representing investor interests [3].

Intchains Group (ICG) Q1 2025 Earnings Call May 22, 2025 08:00 PM ET Company Participants Minty Wang - Head of Investor RelationsChaowei Yan - Chief Financial Officer Conference Call Participants Mark Palmer - Equity Research AnalystMatthew Galinko - SVP & Senior Research Analyst Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to Ink King's First Quarter twenty twenty five Earnings Conference Call. Today's call is being recorded. If you have any objections, you may disconnect ...

Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for alleged deficiencies in internal controls over financial reporting, leading to misstatements in financial statements and a need for restatement [1][2]. Group 1: Allegations and Financial Misstatements - The complaint alleges that Bitfarms failed to disclose deficient internal controls over financial reporting, resulting in the incorrect categorization of proceeds from digital asset sales [2]. - Bitfarms misclassified cash flows from the sale of digital assets as operating activities instead of investing activities, leading to inaccuracies in financial statements [2]. - The company also overstated its ability to remediate material weaknesses in its internal controls, particularly regarding the classification of 2021 Warrants [2]. - On December 9, 2024, Bitfarms announced that its consolidated financial statements for fiscal years 2022 and 2023 contained material errors and would need to be restated [3]. - Following the announcement, Bitfarms' stock price fell by $0.13 per share, or 6.07%, closing at $2.01 per share on December 10, 2024 [3]. Group 2: Class Action Participation - Shareholders who wish to serve as lead plaintiffs in the class action must file their papers with the court by July 8, 2025 [4]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].

NEW YORK, May 22, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=149540&from=4CLASS PERIOD: March 21, 2023 to December ...

Core Insights - HIVE Digital Technologies has achieved a record Bitcoin mining hashrate of 9.5 EH/s, positioning itself above 1% of the global Bitcoin network and aiming for 25 EH/s by the end of 2025 [3][4][5] Company Progress - The increase to 9.5 EH/s reflects HIVE's strategic victories, including the launch of a 100 MW hydro-powered data center in Paraguay, enabling the company to mine over 4.5 Bitcoin daily [4][5] - HIVE's operational excellence is demonstrated by an acceleration in hashrate growth, adding approximately 1 EH/s weekly, surpassing earlier projections [5] Future Plans - By June 2025, HIVE expects to reach 11.5 EH/s, completing the first phase of its expansion with improved energy efficiency [6] - The company plans to launch a second 100 MW facility in Yguazú by summer 2025, targeting 18 EH/s and aiming to capture 2% of the global Bitcoin network [7] - A third 100 MW campus in Valenzuela, Paraguay, is set to help HIVE achieve its 25 EH/s target by Q4 2025 [7] Leadership Statements - Frank Holmes, Co-Founder and Executive Chairman, emphasized the commitment to creating lasting shareholder value and the unprecedented pace of operational scaling [8] - Aydin Kilic, President and CEO, highlighted that reaching 9.5 EH/s reflects the company's strategic focus and positions it for further growth in Bitcoin mining rewards [9]