Q1 2025 Earnings Presentation May 2025 First Quarter of 2025: New Chapter of Growth Solid First Quarter Financial Performance Strong Showing by BTC Mining Operation Disclaimer This presentation has been prepared by Cango Inc. (the "Company") solely for information purpose and has not been independently verified. By viewing or accessing the information contained in this material, the recipient hereby acknowledges and agrees that no representations, warranties or undertakings, express or implied, are made by ...

Core Viewpoint - HIVE Digital Technologies has surpassed 8 EH/s of Bitcoin mining hashrate and is on track to reach 25 EH/s by Q4 2025, driven by the completion of a hydro-powered facility in Paraguay [2][3]. Group 1: Company Growth and Expansion - HIVE has achieved a total operating hashrate of 8.3 EH/s and aims to reach 11.5 EH/s by the end of June 2025 [2][4]. - The company plans to expand its capacity to 18 EH/s by Q3 2025, with additional infrastructure coming online in Paraguay [3][4]. - HIVE's second 100 MW facility in Paraguay is expected to be completed this summer, facilitating growth from 11.5 EH/s to 18 EH/s [3]. Group 2: Financial Performance and Revenue Potential - At 18 EH/s, HIVE anticipates mining approximately 10 Bitcoin per day, potentially generating nearly US$1,000,000 in daily revenue with Bitcoin prices over US$100,000 [4]. - HIVE's average cost of Bitcoin production is projected to decrease by 10-20% by autumn 2025 due to lower energy prices and improved fleet efficiency [4]. Group 3: Strategic Use of Bitcoin Treasury - HIVE has utilized a portion of its Bitcoin treasury to acquire next-generation ASIC mining equipment, securing an option to repurchase Bitcoin at US$87,000 per BTC [5][6]. - The company currently holds 610 BTC in its treasury and aims to rebuild its holdings while expanding its mining capacity to 25 EH/s [7]. - HIVE's strategy involves deploying BTC mined at lower prices to fund growth while retaining the option to reclaim BTC as prices appreciate [7]. Group 4: Operational Efficiency - HIVE is expected to achieve a global fleet efficiency of 20 J/TH at 11.5 EH/s and 19 J/TH at 18 EH/s, leading to reduced energy requirements per Bitcoin mined [4]. - The company is committed to scaling operations responsibly with green energy, enhancing its environmental footprint [8].

HIVE Digital Technologies Surpasses 8 EH/s of Bitcoin Hashrate and Secures ASIC Orders to 25 EH/sMay 15, 2025 1:00 AM EDT | Source: HIVE Digital Technologies Ltd.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 15, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE ...

NEW YORK, May 14, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 8, 2025.So What: If you purchased Bitfarms securities during the Class Period you may b ...

矿企Bitfarms：2025年第一季度出售了428个比特币，累计收入达3700万美元。 ...

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bitfarms Ltd. (“Bitfarms” or “the Company”) (NASDAQ: BITF) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Bitfarms secur ...

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][3]. Group 1: Allegations and Financial Reporting Issues - The complaint alleges that Bitfarms failed to disclose deficiencies in internal controls over financial reporting during the class period [2]. - Bitfarms incorrectly categorized proceeds from the sale of digital assets as cash flow from operating activities instead of cash flow from investing activities [2]. - The company overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [2]. - These errors resulted in misstatements in several previously issued financial statements, which are now likely to be restated [2]. Group 2: Impact of the Announcement - On December 9, 2024, Bitfarms announced that its consolidated financial statements for fiscal years 2022 and 2023 contained a material error regarding the classification of proceeds from digital asset sales [3]. - Following this 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 3: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers with the court by July 8, 2025 [4]. - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [4].

NEW YORK, May 12, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 25-cv-02630, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Bitfarms securities between March 21, 2023 and December 9, 2024, ...

Core Points - A shareholder class action lawsuit has been filed against Bitfarms Ltd. alleging materially false and misleading statements regarding the company's business and operations [1] - The lawsuit claims that Bitfarms had deficient internal controls over financial reporting, leading to misclassification of cash flows and inaccuracies in financial statements [1] - The company is expected to restate its financial statements due to these alleged inaccuracies [1] Summary by Categories Legal Issues - The lawsuit alleges that Bitfarms failed to disclose material adverse information and made misleading statements about its internal controls and financial reporting [1] - Shareholders who purchased shares between March 21, 2023, and December 9, 2024, and experienced significant losses are encouraged to discuss their legal rights [2] Financial Reporting - Bitfarms is accused of incorrectly categorizing proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [1] - The company allegedly overstated its ability to remediate weaknesses in its internal controls related to the classification of 2021 Warrants [1] - As a result of these errors, various items in previously issued financial statements were misstated, necessitating potential restatements [1]

Positions American Bitcoin to become a publicly traded vehicle for low-cost Bitcoin accumulation at scaleMIAMI, May 12, 2025 /PRNewswire/ -- American Bitcoin Corp. ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, today announced that it has entered into a definitive merger agreement with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) ("Gryphon") pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merge ...