Search Results for "bitcoin mining"
Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
CleanSpark (CLSK) to Announce 2024 Financial Results in Upcoming Webcast
CleanSpark Inc. (Nasdaq: CLSK) will present its fiscal year 2024 financial results through a live webcast on December 2, 2024, following market closure.
CleanSpark (CLSK) Launches $550 Million Convertible Notes Offering
CleanSpark, Inc. has announced the pricing of a $550 million convertible notes offering, aiming to bolster its financial strategy and expand its Bitcoin mining operations.
Riot Platforms Evaluates AI and HPC Integration at Corsicana Facility
Riot Platforms is assessing the use of its Corsicana Facility’s power capacity for AI and HPC, pausing Bitcoin mining expansion to focus on potential partnerships.
Riot Platforms (RIOT) Achieves Record Revenue in 2024 Amid Bitcoin Market Dynamics
Riot Platforms reported $376.7 million in revenue for 2024, driven by strategic Bitcoin mining and acquisitions, despite challenges from the 2024 Bitcoin halving and increased global hash rates.
Riot Platforms (RIOT) Revamps Board and Explores AI Opportunities
Riot Platforms announces new board members and evaluates AI and HPC opportunities, aiming to enhance asset value. The company engages Evercore and Northland Capital Markets for advisory roles.
Riot Platforms Reports February 2025 Bitcoin Production Decline
Riot Platforms produced 470 BTC in February 2025, an 11% decrease from the previous month, due to maintenance and weather-related power curtailments, according to Riot Platforms.
Riot Platforms Secures $100 Million Credit Line with Coinbase to Boost Bitcoin Mining
Riot Platforms partners with Coinbase for a $100 million credit facility to accelerate strategic initiatives in Bitcoin mining. The facility offers non-dilutive funding and is backed by Bitcoin holdings.
Bitfarms (BITF) to Host Q1 2025 Conference Call on May 14
Bitfarms Ltd. will release its Q1 2025 financial results on May 14, 2025, followed by a management-hosted conference call. The event will detail the company's Bitcoin mining and energy initiatives.
Bitfarms (BITF) Sees Revenue Surge Amid Strategic U.S. Expansion
Bitfarms reported a 33% increase in revenue for Q1 2025, pivoting towards HPC/AI with significant U.S. expansion and new financing, despite facing operational losses.
