Bitcoin Mining Services
Search documents
CleanSpark reports $766M revenue for FY 2025, 43% increase in contracted power
Yahoo Finance· 2025-11-25 22:18
CleanSpark (NSADAQ: CLSK) reported $766.3 million in revenue for the 2025 fiscal year, more than double the prior year, as the company expanded its bitcoin mining capacity and secured new financing, according to a company statement released Tuesday. CleanSpark grew its bitcoin mining operations to 50 EH/s over the year, up from 27.6 EH/s at the end of the fiscal year 2024. The company reported net income of $346.5 million, or $1.25 per share, compared with a net loss of $145.8 million, or $0.69 per share, ...
CleanSpark(CLSK) - 2025 Q4 - Earnings Call Presentation
2025-11-25 21:30
FISCAL YEAR 2025 EARNINGS CALL FISCAL YEAR 2025 EARNINGS CALL SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this presentation, forward-looking statements include, but may not be limited to, statements regarding the Company's evolving business strategy to expand into the market for high-performing computing ("HPC") and artificial intelligence ("AI") and other statements regarding the Company's expecta ...
Cleanspark Unusual Options Activity - Cleanspark (NASDAQ:CLSK)
Benzinga· 2025-11-24 18:01
Investors with a lot of money to spend have taken a bullish stance on Cleanspark (NASDAQ:CLSK).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CLSK, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spott ...
Cango Inc. Class A Ordinary Shares Begin Trading on NYSE
Prnewswire· 2025-11-17 11:00
Cango's termination of the ADR Program and direct listing of its Class A ordinary shares did not involve the issuance of new shares or the raising of additional capital, ensuring no dilution to existing shareholders. As of the date hereof, Cango has approximately 356 million Class A ordinary shares outstanding. Â Accessibility StatementSkip Navigation DALLAS, Nov. 17, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced that its Class A ordinary shares will begin trading o ...
Why Bitfarms Plunged More than 12% Following Earnings
Yahoo Finance· 2025-11-13 18:32
Key Points Bitfarms reported Q3 numbers, which showed improvements in revenue, but the company's loss per share stayed the same. Both Bitfarms' revenue and earnings missed analyst expectations, leading many to expect analyst downgrades on the horizon. With a drop of more than 12% in morning trading on Thursday, it's clear the market is souring on the growth potential of this once-hot sector. 10 stocks we like better than Bitfarms › As of noon ET, Bitfarms (NASDAQ: BITF) is among the biggest mover ...
Bitcoin mining stock prices end week with mixed returns
Yahoo Finance· 2025-10-17 22:12
Market Performance - Bitcoin mining stock prices exhibited mixed performances, with leading stocks nearly evenly split between gainers and losers [1] - As of October 17, 2025, Bitdeer significantly outperformed the sector with a gain of 29.84%, while Hut 8, Bitfarms, Cipher Mining, and MARA also posted positive returns [2] - Monthly performance showed all stocks in the cohort increased by double-digit percentages [3] Investor Interest and AI Exposure - Investor appetite for AI exposure has bolstered bitcoin mining stock prices, with most companies proposing strategies to enter AI/HPC infrastructure or compute services [4] - Notably, MARA is the exception among these companies in pursuing AI initiatives [4] Financing and Strategic Deals - Companies are actively pursuing financing to support their AI goals, with TeraWulf and IREN drawing on $3.2 billion and $1 billion convertible notes, respectively, and Bitfarms proposing a $300 million convertible note [5] - This fundraising is aimed at capital expenditures (CAPEX) for AI business lines [6] - IREN announced a multi-year deal to provide cloud services, estimating $500 million in annual recurring revenue, while most bitcoin miners are focusing on building infrastructure for GPU operators [6]
Bitdeer: Could Ride The Bitcoin And AI Tailwinds, Yet Not My Top Pick - A Hold
Seeking Alpha· 2025-10-17 12:24
Company Overview - Bitdeer Technologies Group (NASDAQ: BTDR) is a Bitcoin mining company diversifying into the high-demand, high-performance computing market [1] - The company aims to reduce its dependency on Bitcoin and its volatility, which is a strategic move among legacy miners [1] Market Strategy - Bitdeer is positioning itself to strengthen its business model by entering a market that is experiencing significant demand [1] - This diversification reflects a broader trend in the industry where companies are seeking to mitigate risks associated with Bitcoin's price fluctuations [1]
Riot Announces Third Quarter 2025 Earnings Conference Call
Globenewswire· 2025-10-16 13:00
Core Viewpoint - Riot Platforms, Inc. is set to hold its third quarter 2025 earnings conference call on October 30, 2025, to discuss the financial results for the quarter ending September 30, 2025 [1] Company Overview - Riot Platforms, Inc. is a leader in the Bitcoin-driven industry, focusing on the development of large-scale data centers and bitcoin mining applications [1][3] - The company's vision is to become the world's leading Bitcoin-driven infrastructure platform, aiming to positively impact various sectors and communities [3] - Riot operates Bitcoin mining facilities in central Texas and Kentucky, along with electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas [4] Conference Call Details - The earnings conference call will be available via an audio-only webcast, with registration links provided for participants [2] - A replay of the webcast will be accessible after the call concludes [2]
Cathedra Bitcoin Announces Completion of Share Consolidation
Newsfile· 2025-10-15 22:14
Core Points - Cathedra Bitcoin Inc. has completed a 30:1 consolidation of its subordinate and multiple voting shares, effective October 15, 2025 [1][2][3] - The consolidation was aimed at reducing the number of shares outstanding and streamlining the company's capital structure [3] - Post-consolidation, the subordinate voting shares will resume trading on the TSX Venture Exchange under the symbol "CBIT" and on the OTCQB under "CBTTF" starting October 16, 2025 [3] Company Overview - Cathedra Bitcoin Inc. develops and operates digital infrastructure assets across North America, hosting bitcoin mining clients in three data centers with a total capacity of 30 megawatts located in Tennessee and Kentucky [4] - The company has recently developed and sold a 60-megawatt data center in North Dakota, where it held a minority interest, with the closing anticipated in 2025 [4] - Cathedra operates a fleet of proprietary bitcoin mining machines, producing approximately 400 PH/s of hash rate [4]
Cipher Mining Announces September 2025 Operational Update
Globenewswire· 2025-10-07 20:05
Core Insights - Cipher Mining Inc. reported its unaudited production and operations update for September 2025, highlighting significant metrics in bitcoin mining and operational efficiency [1] Production Metrics - The company mined approximately 251 BTC in September 2025 and sold around 158 BTC, ending the month with a total of approximately 1,500 BTC held [2][4] - Cipher deployed 114,000 mining rigs, achieving a month-end operating hashrate of 23.6 EH/s and a fleet efficiency of 16.8 J/TH [2][4] Operational Developments - The Black Pearl Phase I project reached full completion in September, contributing to a self-mining hashrate of approximately 10.1 EH/s from the latest-generation miners [3][4] - The company continues to focus on high-performance computing (HPC) alongside its bitcoin mining operations [3] Financial Context - The estimated power sales for September were equivalent to approximately 7 BTC, based on the month-end bitcoin price of $114,212, along with an additional 19 BTC mined at joint venture data centers [2][4]