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Hyper Bit Engages Secure Digital Markets to Buy First Tranche of ElphaPex DG1+ Crypto Miners with Objective of Buying 100 Miners Over Next 60 Days
Newsfile· 2025-07-21 12:30
Hyper Bit Engages Secure Digital Markets to Buy First Tranche of ElphaPex DG1+ Crypto Miners with Objective of Buying 100 Miners Over Next 60 DaysJuly 21, 2025 8:30 AM EDT | Source: Hyper Bit Technologies Ltd.Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") announces it has engaged Secure Digital Markets ("Secure Digital") for the purchase of an initial ten (10) ElphaPex DG1+ Miners ...
Canaan Inc. to Produce A15Pro Miners for Cipher Mining
Prnewswire· 2025-07-17 20:35
Core Insights - Canaan Inc. has entered a purchase agreement to supply approximately 6,840 Avalon A15Pro miners to Cipher Mining's Black Pearl facility, expected to enhance the facility's hashrate in Q3 2025 [1][4] - This agreement signifies Canaan's commitment to large-scale domestic manufacturing support for U.S.-based bitcoin mining customers, driven by increasing demand amid bitcoin's price surge [2][3] Company Developments - The Avalon A15Pro miners provide an average hash rate of 221 terahashes per second (TH/s) with a power efficiency of approximately 16.6 joules per terahash (J/TH), contributing to a significant increase in operational hashrate at Cipher's facility [4] - Canaan's manufacturing advantages and logistics strategies are pivotal for its global growth, as the company adapts to changing market conditions and customer needs [2][3] Market Context - The demand for bitcoin mining solutions is rising as bitcoin prices reach new all-time highs, prompting customers to reassess their supply chain strategies [3] - Canaan's partnership with Cipher reflects a strong vote of confidence in its technology and delivery capabilities, marking Cipher's fourth order from Canaan [4]
Hyper Bit Establishes Corporate Kraken Digital Asset Exchange Account for Crypto Purchases
Newsfile· 2025-07-17 20:18
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") announces it has established a corporate level digital asset account on the Kraken exchange to buy crypto currencies including Bitcoin. Kraken is one of the world's largest digital asset exchanges and the leader in euro volume and liquidity. Globally, Kraken's client base trades more than 200 digital assets and 8 different fiat currencies, includi ...
X @The Block
The Block· 2025-07-17 16:07
Penny stock crypto mining company secures up to $500 million to establish Dogecoin treasury https://t.co/FXTxoUT3wY ...
Hyper Bit Announces Forth Draw from Bit Royalty Credit Facility to Purchase Ethereum
Newsfile· 2025-07-17 12:30
Vancouver, British Columbia--(Newsfile Corp. - July 17, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") announces that it has made a fourth request for a draw of C$25,000 (Total draw of C$175,000 to date) to acquire Ethereum "ETH" in exchange for shares of the Company. Based on the current market price of Ethereum, Hyper Bit has now instructed Bit Royalty to acquire over five Ethereum. Bit Royalty is an arms length entity, to acquire Bitcoin, Ethere ...
BitMine Immersion Now Holds Approximately $1 Billion of Ethereum(1) to Advance its Ethereum Treasury Strategy
Prnewswire· 2025-07-17 12:30
Company's current total of approximately $1 billion of ETH1 exceeds the initial $250 million PIPE proceeds by over 300% BitMine's ETH1 holdings exceed 300,000Company's Ethereum treasury strategy to strengthen broader Ethereum ecosystem LAS VEGAS, July 17, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) ("BitMine" or the "Company") today announced holdings of ETH and ETH equivalents1 exceeding $1 billion. The Company closed on its initial private placement of $250 million on July 8th in furtherance of its asset l ...
135 Public Companies That Hold Bitcoin — And Why It Matters
Schaeffers Investment Research· 2025-07-15 16:10
A sector-by-sector look at the public companies holding over 657,000 BTCSince the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool. What started with bold moves by MicroStrategy and Tesla has now evolved into a growing list of public companies — spanning industries from crypto mining and fintech to healthcare and retail — that hold Bitcoin on their balance sheets.As of mid-2025, 135 publicly traded companies collectively hold ove ...
Hyper Bit Executes Definitive Agreement to Purchase 2nd Tranche Bitcoin
Newsfile· 2025-07-15 12:30
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") announces that further to its recent news dated June 25th 2025, it has entered in to a second Definitive Agreement dated July 11th, 2025 with Bit Royalty, an arms length corporation, to acquire Bitcoin and various top crypto currencies as treasury assets. With the signing of this definitive agreement Bit Royalty will now complete the purchase of ap ...
Hyper Bit Announces Third Draw from Bit Royalty Credit Facility to Purchase Bitcoin
Newsfile· 2025-07-10 12:30
Core Viewpoint - Hyper Bit Technologies Ltd. is expanding its cryptocurrency treasury by drawing funds from Bit Royalty to acquire Bitcoin and other top cryptocurrencies, indicating a bullish outlook on the crypto market [1][4]. Group 1: Financial Arrangement - Hyper Bit has made a third draw request of C$50,000 from Bit Royalty, bringing the total to C$150,000 to date for acquiring Bitcoin [1]. - Bit Royalty provides a credit facility of up to CAD $1,000,000, which can be advanced in multiple tranches, with an interest rate of 10% [2][5]. - The facility includes a custodial fee of C$5,000, which is also convertible into common shares of Hyper Bit [5]. Group 2: Strategic Goals - The agreement with Bit Royalty allows Hyper Bit to purchase a variety of top trading cryptocurrencies as treasury assets, enhancing its portfolio [3][4]. - Hyper Bit aims to systematically expand its cryptocurrency holdings and maximize potential growth through strategic partnerships and financing [4][9]. Group 3: Compliance and Regulations - All transactions will comply with applicable Canadian securities laws and the policies of the Canadian Securities Exchange [4]. - Securities issued in connection with the facility will be subject to a statutory four-month-and-one-day hold period [6].
Canaan Inc. Provides June 2025 Bitcoin Production and Mining Operation Updates
Prnewswire· 2025-07-07 12:50
Core Viewpoint Canaan Inc. reported a resilient performance in its bitcoin mining operations for June 2025, despite facing challenges such as weather-related disruptions and maintenance. The company achieved a record high in bitcoin reserves and continued its North American expansion while executing a stock repurchase program to protect shareholder value. Group 1: Production and Mining Operations - In June 2025, Canaan mined a total of 88 bitcoins, a decrease attributed to a temporary reduction in operating hashrate due to weather-related curtailments and maintenance [2] - The month-end operating hashrate was recorded at 6.57 EH/s, while the deployed hashrate stood at 8.15 EH/s [5][9] - The average all-in power cost during June was US$0.045 per kWh [5] Group 2: Bitcoin Reserves and Financial Strength - Canaan closed June with a record high of 1,484 bitcoins in total cryptocurrency holdings, reflecting the company's financial strength and commitment to accumulating bitcoin strategically [3] - The month-end average revenue split was 62.3%, indicating a favorable revenue-sharing arrangement [5] Group 3: Expansion and Infrastructure - The company is advancing its North American expansion, with approximately 1 EH/s of new computing power en route to U.S. facilities, expected to be operational by the end of July 2025 [4][13] - The installed power capacity across global operations reached 216.0 MW, with 76.3 MW in North America and 139.6 MW in non-North America [5][9] Group 4: Shareholder Value and Corporate Actions - Canaan executed a stock repurchase program throughout June, demonstrating confidence in the company's long-term prospects [5] - On June 9, 2025, the CEO and CFO purchased a total of 817,268 American Depositary Shares at an average price of US$0.76 per ADS, reflecting their commitment to the company's future [11]