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BTC Digital Ltd. Adjourned Extraordinary General Meeting to August 4, 2025
Prnewswire· 2025-07-21 20:30
SINGAPORE, July 21, 2025 /PRNewswire/ -- BTC Digital Ltd. (Nasdaq: BTCT) (the "Company") announced today that its previously announced extraordinary general meeting (the "Meeting"), originally scheduled for Monday, July 21, 2025, at 9:30 a.m. Eastern Time, has been adjourned to Monday, August 4, 2025, at 9:30 a.m. Eastern Time. There is no change to the physical location, the record date, the purpose, or any of the proposals to be acted upon at the Meeting.The Meeting was convened on Monday, July 21, 2025, ...
Bit Origin Acquires Over 40 Million Dogecoin (DOGE) to Advance Treasury Strategy
GlobeNewswire News Room· 2025-07-21 12:30
SINGAPORE, July 21, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced the initial purchase of approximately 40.5 million DOGE. This represents the first strategic acquisition under the Company's digital asset treasury initiative, supported by previously announced capital facilities of up to $500 million. Dogecoin Treasury KPIs as of July 21, 2025: Holdings: 40,543,745 DOGEAverage Acquisition Cost: ~$0.2466 per DOGEInitial DOGE-Per-Share (DPS): ~0.691 “Ou ...
As Bitcoin Hits New Highs, These 3 Stocks Could Explode
MarketBeat· 2025-07-21 11:11
Studying financial history can be a significant advantage for investors seeking to gain an edge in today's market, especially as new hot asset classes emerge in terms of both popularity and price action, such as cryptocurrency and Bitcoin. Examining this new class and its hype can be compared to when gold or oil became the hottest commodities in the past financial markets, offering a valuable lesson. The true wealth wasn't made by buying gold or oil itself, regardless of how bullish or rapid their price inc ...
BitFuFu (FUFU) Conference Transcript
2025-07-16 14:05
BitFuFu (FUFU) Conference July 16, 2025 09:05 AM ET Speaker0Everyone. Welcome to the eighty fourth Emerging Growth Conference and day one of our two day virtual investor conference. I'm Anna Berry. Just a few notes. Today, we're running until 04:30 eastern.When we switch to the next company, you'll see a black screen for a moment. Don't go anywhere. That's just us moving to the next company. If you do experience downtime, refresh your browser. Everything usually works properly once you do that.And our platf ...
Cipher Mining Announces Date of Second Quarter 2025 Business Update Conference Call
Globenewswire· 2025-07-15 20:05
NEW YORK, July 15, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced it will provide a business update and release its second quarter 2025 financial results before U.S. markets open on Thursday, August 7th, 2025. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time. The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher’s website at https://investors.ciphermin ...
BitFuFu to Present at the Emerging Growth Conference on July 16, 2025
Globenewswire· 2025-07-15 18:00
Core Viewpoint - BitFuFu Inc. is set to participate in the Emerging Growth Conference on July 16, 2025, where it will discuss its strategic initiatives and growth outlook [1][2]. 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 cloud mining platform and rapidly scaling infrastructure [4]. Conference Details - The presentation will be led by Charley Brady, Vice President of Investor Relations, and will include a Q&A session for investors to engage with company leadership [2]. - The conference aims to facilitate public companies in presenting their new products and services to the investment community efficiently [5]. - The audience for the conference includes individual and institutional investors, investment advisors, and analysts, potentially reaching tens of thousands [6]. Additional Information - For those unable to attend the live presentation, a recorded webcast will be available post-event on EmergingGrowth.com and YouTube [3]. - Interested parties can submit questions in advance to enhance engagement during the event [2].
NR7 Miner launches an easy-to-use XRP cloud mining platform that uses artificial intelligence technology to help cryptocurrency enthusiasts easily obtain Bitcoin
GlobeNewswire News Room· 2025-07-15 16:08
New York, NY, July 15, 2025 (GLOBE NEWSWIRE) -- To counter the expansion and volatility of the cryptocurrency market,NR7 Miner , a provider of cloud-based cryptocurrency mining solutions, today announced the launch of its XRP Cloud Mining service. The platform features a unique "Zero Entry" approach, enabling users to begin mining XRP without initial capital investment. While XRP currently trades near $2.94, NR7 Miner's solution provides an alternative method for cryptocurrency exposure regardless of marke ...
Ethereum shift: Bit Digital CEO explains bold move – ICYMI
Proactiveinvestors NA· 2025-07-12 13:22
Bit Digital Inc (NASDAQ:BTBT) earlier this week outlined plans to transform its business by shifting away from Bitcoin mining to focus on Ethereum. The company said it had sold 280 Bitcoin and combined those proceeds with cash to acquire more than 100,000 Ethereum. CEO Sam Tabar told Proactive that the strategy draws inspiration from Michael Saylor's Bitcoin playbook. Proactive: The company has some really interesting news about where it's going in the future. We'll talk about that in just a second. But for ...
Why Now Could Be the Smartest Time to Buy Crypto Stocks
MarketBeat· 2025-07-10 20:09
Group 1: Cryptocurrency Market Overview - The U.S. dollar has decreased by 10.7% against other currencies in the first half of 2023, marking its worst performance in over 50 years, prompting investors to seek alternative investments [1] - Cryptocurrencies, despite their volatility, are seen by some investors, including BlackRock CEO Larry Fink, as having the potential to become a new reserve currency, possibly overtaking the U.S. dollar [1] - The increase in the debt ceiling by several trillion dollars may provide secondary benefits to cryptocurrencies [1] Group 2: Cryptocurrency-Adjacent Stocks - Investors looking for exposure to the cryptocurrency space may consider stocks of companies involved in crypto mining or providing infrastructure and hardware for the industry [2] - One notable firm has successfully pivoted towards energy sales, showcasing the potential for diversification within the sector [2] Group 3: Marathon Digital Holdings - Marathon Digital (NASDAQ: MARA) is one of the largest crypto mining firms in the U.S., with a market value exceeding $6 billion and a significant mining fleet [3] - In June, Marathon won 211 Bitcoin blocks, accounting for over 5% of all available Bitcoin rewards that month, leading to a 6% increase in its stock price over the last month [3][6] - The company aims to achieve a production target of 75 exahashes per second by year-end, which is 40% higher than its hash rate at the end of 2024 [4] - As of the end of June, Marathon held nearly 48,000 BTC, valued at approximately $5.2 billion, representing a significant portion of its market value [5] Group 4: Cipher Mining - Cipher Mining (NASDAQ: CIFR) is another major player in Bitcoin mining, with a recent share price increase of about 47% due to positive performance news [8] - In Q2, Cipher exceeded its self-mining capacity guidance at its new Black Pearl site in Texas, reporting a hash rate of 3.4 EH/s, significantly above the predicted 2.5 EH/s [9] - Analysts have provided 11 Buy ratings for CIFR shares, forecasting an upside of 26% [10] Group 5: Hut 8 Mining Corp - Hut 8 (NASDAQ: HUT) has seen its shares double in price since late April, driven by its expansion into Dubai and a partnership with American Bitcoin Corp. that raised $220 million [12][13] - The company has successfully deployed energy infrastructure that can be utilized for both mining and traditional applications, securing five-year capacity contracts for 310 MW of power generation [13] - Hut 8 has received unanimous Buy ratings from all 19 analysts, with a projected upside of 21% [14]
BitFuFu Reaffirms Commitment to Sustainable and Efficient Bitcoin Mining in 2025
Globenewswire· 2025-07-10 12:00
Core Viewpoint - BitFuFu Inc. is committed to building a sustainable and energy-efficient Bitcoin mining operation, focusing on renewable energy and innovative technologies to enhance mining efficiency throughout 2025 [1][2]. Company Initiatives - Strategic acquisitions and infrastructure developments over the past nine months have demonstrated how sustainable Bitcoin mining can scale effectively by utilizing renewable energy resources and improving miner energy efficiency through advanced software technology [2]. - The company aims to secure 1 GW of power by the end of 2026 through acquisitions and greenfield developments, which will enhance cost control and operational efficiency in a post-halving environment [2]. Renewable Energy Utilization - BitFuFu acquired a majority stake in an 80 MW Bitcoin mining facility in Ethiopia, leveraging the country's hydropower resources for sustainable energy production [5]. - The company is also engaging in flared gas mining, capturing gas that would otherwise be wasted at oil drilling sites to generate electricity for Bitcoin mining [5]. Technological Innovations - BitFuFuOS, launched in January, allows users to customize operational modes for their miners based on temperature, power availability, and market conditions, optimizing efficiency and reducing energy consumption [5].