Shares of Mara Holdings (MARA -8.29%) are falling on Monday. The stock dropped 8.6% as of 3:14 p.m. ET and was down as much as 12% earlier in the day. The move comes as the S&P 500 and Nasdaq Composite slipped 0.3% and 0.4%, respectively.Mara, a Bitcoin mining company, released its April production update on Monday. Investors were disappointed by the underwhelming numbers.Bitcoin production is droppingMara released its latest Bitcoin production update for April 2025. The company saw the number of Bitcoin bl ...

Company Overview - Riot Platforms, a Bitcoin mining company, reported its first quarter earnings, but the stock's reaction has been muted, indicating a potential disconnect from Bitcoin's price movements [2]. Market Reaction - The stock of Riot Platforms has somewhat decoupled from Bitcoin's price, which is unusual given the company's direct involvement in Bitcoin mining [2]. Analyst Insights - The analysis emphasizes the importance of combining technical and fundamental analysis to identify potential growth stocks early in their cycles, which is a focus area for the investment group Timely Trader [3].

Riot Platforms (RIOT) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Phil McPherson - VP of Capital Markets & Investor RelationsJason Les - CEOColin Yee - Executive VP & CFOJason Chung - Executive VP and Head of Corporate Development & StrategyBenjamin Sommers - Equity Research AssociateReginald Smith - Senior AssociateMartin Toner - Managing Director - Institutional Research, Growth & InnovationMike Grondahl - Head of Equities & Director of Research Conference Call Participants Nick Gi ...

Riot Reports $161.4 million in Total Revenue and Deployed Hash Rate of 33.7 EH/sCASTLE ROCK, Colo., May 1, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2025. The accompanying presentation materials are available on Riot's website. Riot's Corsicana Facility "Riot made strong progress on a number of key financial and strategic initiatives ...

Riot Platforms (RIOT) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Speaker0 Good day and thank you for standing by. Welcome to the Riot Platform's First Quarter twenty twenty five Earnings Conference Call. Please note that all participants have been placed in listen only mode until the question and answer session begins following the company's presentation of its prepared remarks. Please also be advised that today's call is being recorded. I would now like to hand the conference over to Phil McPherson, Vi ...

Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIOT, TeraWulf Inc WULF and Hut 8 Corp HUT — seriously lagged.While Bitcoin has gained 14.42% over the past month, Iren stock is down 5.05%. Riot stock has gained a meagre 0.46%, TeraWulf up 4.50% while Hut 8 stock has declined 2.18%.Read Also: Bitcoin, Gold Shine In April While Stocks, Oil Suffer— Mohamed El-Eria ...

- New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms’ potential HPC data center development pipeline- --Operational hashrate of 19.5 EHuM and fleet efficiency of 19 w/TH– This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus d ...

Core Viewpoint - Cango Inc. is rapidly expanding in the Bitcoin mining industry, with a strong operational performance and positive projections for future growth, as highlighted by the initiation of coverage by Apollo Insights [1][2]. Group 1: Company Performance - Cango has achieved an average operating hash rate of 30.3 exahash/second (EH/s) in March 2025, ranking it joint second for the highest operating hashrate that month [2]. - The company has accumulated approximately 2,475 Bitcoin, valued at roughly US$211 million as of April 17, 2025, and has not sold any of its Bitcoin holdings [3]. - Cango ranks as the fifth-largest Bitcoin mining player by deployed hashrate, achieving 32 EH/s in just four months, with projections to reach 42 EH/s by the end of FY25E [3]. Group 2: Market Position and Strategy - Since entering the Bitcoin mining industry in November 2024, Cango has expanded its operations globally, with mining activities in the U.S. (38%), East Africa (37%), Oman (15%), Paraguay (9%), and Canada (1%) [4]. - The company operates a capital-light model, which has contributed to its operational efficiency and growth in Bitcoin holdings [3]. Group 3: Financial Projections - Cango has a market capitalization of $387.1 million, with a 12-month stock price range between $1.33 and $8.00 [7]. - Apollo Insights projects Cango's fiscal 2025E revenue and adjusted EBITDA to reach RMB3,913.2 million and RMB665.6 million, respectively [7]. - For fiscal 2026E, revenue and adjusted EBITDA are expected to increase to RMB4,644.6 million (an 18.7% year-over-year increase) and RMB1,185.2 million (a 78.1% year-over-year increase) [7].

Acquisition immediately terminates unprofitable legacy hosting contracts with Rhodium Riot assumes Rhodium's 125 MW of power capacity and existing operating assets at the Rockdale Facility 100% of the Rockdale Facility power capacity now dedicated to Riot Platforms and its subsidiariesCASTLE ROCK, Colo., April 28, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that Whinstone US, Inc. ("Wh ...

In December of last year, I upgraded HIVE Digital Technologies ( HIVE ) to a 'buy' after calling it a 'hold' in late-April 2024. The stock proceeded to fall more than 65% virtually in a straight line:Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD, MARA, HIVE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business ...