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Canaan Inc. to Participate in Upcoming Conferences
Prnewswire· 2025-09-02 13:05
Core Insights - Canaan Inc. will participate in two upcoming conferences: the 5th Annual Needham Virtual Crypto Conference on September 4, 2025, and the 27th Annual H.C. Wainwright Global Investment Conference from September 8 to September 10, 2025 [1][6]. Company Overview - Canaan Inc. is a technology company established in 2013, focusing on ASIC high-performance computing chip design, research and development, production of computing equipment, and software services [4]. - The company has significant experience in chip design and production in the ASIC field, having shipped the world's first batch of mining machines using ASIC technology under the Avalon brand in 2013 [4]. - Canaan completed its initial public offering on the Nasdaq Global Market in 2019 [4].
Hyper Bit Announces Convertible Debenture Financing to Order up to 100 Next Gen Elphapex DG2 Crypto Miners and the Arrival of Initial 20 DG1+ Miners at Quebec Facility
Thenewswire· 2025-09-02 06:05
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BRITISH COLUMBIA – TheNewswire - September 2nd, 2025 –– HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC: HYPAF) (FWB: N7S0) (the “Company” or “Hyper Bit”) is pleased to announce that it intends to complete a non-brokered private placement of unsecured convertible debentures (each, a “Debenture”) with a principal amount of up to $521,525 (the “Offering”). The Company has canceled loan agreements previously announ ...
Canaan Inc. Supplies Avalon® ASIC Kits for Bitfury's North American Infrastructure Upgrade
Prnewswire· 2025-08-28 13:05
Bitfury to enhance large-scale digital asset operations with Avalon-powered upgrade kitsOrder marks milestone in joint R&D under strategic business collaborationSINGAPORE, Aug. 28, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has received a new purchase order from Bitfury Group ("Bitfury"), a leading full-service blockchain technology company, for Avalon® ASIC-powered upgrade kits (the "Avalon® ASIC Kit"). This equipment ...
Hyper Bit Announces Execution of Definitive Agreement to Acquire Dogecoin Mining Technologies Corp., With Hardware Supply Agreements for up to 2,660 ElphaPex DG1+ and DG2 Miners to be Hosted at Renewable Power Facility with Access to 11 MW Capacity
Newsfile· 2025-08-21 14:44
Hyper Bit Announces Execution of Definitive Agreement to Acquire Dogecoin Mining Technologies Corp., With Hardware Supply Agreements for up to 2,660 ElphaPex DG1+ and DG2 Miners to be Hosted at Renewable Power Facility with Access to 11 MW CapacityAugust 21, 2025 10:44 AM EDT | Source: Hyper Bit Technologies Ltd.Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTCID: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") is pleased to announ ...
Thumzup to Acquire Dogehash Technologies, Inc., a Leader in DOGE Digital Asset Mining
Prnewswire· 2025-08-19 10:29
Core Viewpoint - Thumzup Media Corporation is acquiring Dogehash Technologies, Inc. in an all-stock transaction to create a leading Dogecoin mining platform, leveraging Dogecoin Layer-2 infrastructure to enhance miner economics and yield [1][5][6] Group 1: Acquisition Details - Thumzup will acquire 100% of Dogehash's shares, resulting in the issuance of 30.7 million shares of Thumzup stock to Dogehash shareholders [5] - The new entity will be named "Dogehash Technologies Holdings, Inc." and will trade under the symbol "XDOG" on Nasdaq [5] - The transaction is subject to customary terms and conditions, including shareholder approval expected in Q4 2025 [5] Group 2: Dogehash Operations - Dogehash operates approximately 2,500 Scrypt ASIC miners in North America, with plans to increase production by year-end 2025 and throughout 2026 [2] - The mining operations are based in a renewable-energy data center, aiming for significant Dogecoin and Litecoin block rewards with a low-cost, high-uptime footprint [3] Group 3: Market Position and Strategy - Dogecoin is a widely used cryptocurrency, known for its fast block times and low transaction fees, ranking among the largest by market capitalization [4] - The combined company aims to explore utility-driven use cases for Dogecoin, enhancing its application for everyday payments and rewards [6] - Thumzup's recent $50 million offering will support the expansion of its crypto strategies, including the acquisition of mining rigs and digital assets [5][9]
Retail Investors' Top Stocks With Earnings This Week: Faraday Future, XPeng, Walmart And More
Benzinga· 2025-08-18 12:02
Investors are gearing up for another week of earnings reports, and some retail-investor favorites are part of the line-up. Here's a look at companies reporting this week that individual investors may be interested in. Monday, Aug. 18 Before Market Open: Crypto mining company Bitdeer Technologies Group BTDR will kick off the week with its second-quarter release before Monday's opening bell. Read Next: Michael Burry Joins Warren Buffett Going Long On UnitedHealth Stock After Market Close: Cybersecurity compan ...
X @Wu Blockchain
Wu Blockchain· 2025-08-16 03:11
Company Strategy - American Bitcoin, backed by Donald Trump Jr and Eric Trump, is seeking acquisition targets in Asia [1] - The company is targeting a listed company in Japan [1] - American Bitcoin may also look at Hong Kong to emulate Michael Saylor's Strategy [1] - The strategy involves stockpiling crypto in corporate treasuries [1]
HIVE Digital posts record Q1 revenue and profit on higher Bitcoin mining, HPC growth
Proactiveinvestors NA· 2025-08-15 12:59
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Canaan Inc. Reports Unaudited Second Quarter 2025 Financial Results
Prnewswire· 2025-08-14 11:00
Total computing power sold was 6.4 million Terahash per second (TH/s), a 16.5% sequential increase and a 3.0% year-over- year rise, reflecting diversified market penetration despite tariff headwinds. Total revenues of US$100.2 million exceeded guidance, up 39.5% YoY Bitcoin mining revenues reached an all-time high of US$28.1 million, up 201.6% YoY Bitcoin treasury[1] climbed to a milestone of 1,511 as of July-end 2025 SINGAPORE, Aug. 14, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Compa ...
Hyper Bit Completes Deposit for Hosting at Purpose Built Quebec Cyrpto Facility and Announces Convertible Debenture to Order up to 100 Next Gen DG2 Crypto Miners
Newsfile· 2025-08-14 07:05
Core Viewpoint - Hyper Bit Technologies Ltd. has completed a deposit for hosting at a dedicated crypto mining facility in Quebec and announced a convertible debenture to order up to 100 next-generation DG2 crypto miners [1][2][3]. Group 1: Company Developments - The company has made loans to Dogecoin Mining Technologies Corp. to finalize the deposit at an 11MW crypto mining facility in Quebec [1]. - Hyper Bit anticipates the delivery and setup of its first order of DG1+ miners and plans to begin active mining shortly [2]. - The company has revised loan agreements to facilitate the order of an additional 75 ElphaPex DG2 miners, bringing the total to 100 miners [3]. Group 2: Financial Instruments - Hyper Bit proposes a non-brokered private placement offering of unsecured convertible debentures totaling up to $521,525, with gross proceeds expected to be $453,500 [4]. - The principal amount of the debenture can be converted into units at a price of $0.30 per unit, with a maturity date set for three months following the issuance [5]. - Each unit will consist of one common share and one warrant, allowing the holder to acquire one common share at a price of $0.40 for a period of 36 months [6]. Group 3: Product Information - The ElphaPex DG2 miner is designed for mining Dogecoin and Litecoin, featuring a maximum hash rate of 18 GH/s with a power consumption of 3960W, resulting in a power efficiency of 0.22j/Mh [7][8].