MINING
Canaan Inc. Refocuses on Crypto Ventures, Abandons AI Semiconductor Unit
Canaan Inc. announced a strategic shift, ceasing its AI semiconductor operations to concentrate on its core crypto mining business, aiming to enhance efficiency and shareholder value.
Canaan Inc. Reports Record Bitcoin (BTC) Production Amid U.S. Trade Challenges
Canaan Inc. announces a record 25% increase in Bitcoin production for May 2025, despite U.S. trade challenges affecting its operations. The company achieved a new high of 109 Bitcoins.
Riot Platforms Reports Significant Bitcoin (BTC) Production Increase in May 2025
Riot Platforms announced a notable 11% rise in Bitcoin production for May 2025, with 514 BTC mined, reflecting strategic advancements in its data center operations.
MARA Reports Record Bitcoin Mining Performance in May 2025
MARA Holdings achieved a record high with 282 blocks mined in May 2025, producing 950 Bitcoin (BTC). The company increased its BTC holdings to 49,179, marking substantial monthly growth.
Canaan Inc. Unveils $30 Million Share Repurchase Plan Amid Market Challenges
Canaan Inc. announces a $30 million share buyback program, reflecting confidence in its strategic direction despite market volatility and new U.S. tariffs, according to a recent statement.
Canaan Inc. Surpasses Expectations in Q1 2025 Financial Results
Canaan Inc. reported a 135.9% year-over-year increase in revenues for Q1 2025, driven by strong mining performance despite market volatility.
Nasdaq Warns Canaan Inc. Over Minimum Bid Price Compliance
Canaan Inc. faces a compliance issue with Nasdaq due to its shares trading below $1.00, receiving a 180-day period to address the matter.
Canaan Inc. Reports on April 2025 Bitcoin Mining and Production Achievements
Canaan Inc. reveals its latest bitcoin mining and production updates for April 2025, highlighting global operational advancements and strategic expansions.
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.
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.