Thursday - June 5, 2025
Customer Deployments Begin at Project Dorothy 2: Phase 1, and Project Sophie Achieves a Record 1.0 EH/s ALBANY, N.Y. / Jun 05, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its May 2025 project site-level operations, developments, and updates. The Company... Read more
SYDNEY, June 05, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for May 2025. May Highlights Record monthly revenue and hardware profit $1.6m daily hardware profit in May On track for 50 EH/s by June 30 AI Cloud Services revenue continuing to scale Horizon 1 AI Data Center on track for Q4 ’25... Read more
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for May 2025. Key Highlights Key Metrics May 2025 BTC Mined1 179 BTC Sold 64 BTC Held2 966 Deployed Mining Rigs 75,000 Month End Operating Hashrate... Read more
VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its preliminary operational results for May 2025: Bitcoin mined: 31 BTC (vs 30 BTC in Apr 2025) Hashrate: 1.89 EH/s (vs 1.93 EH/s in Apr 2025) Bitcoin balance:... Read more
Approaches 50 EH/s milestone with fully self-operated infrastructure Doubles BTC treasury year-over-year to 12,502 and expands contracted power capacity to 987 MW LAS VEGAS, June 3, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended May 31, 2025. "May was a strong execution... Read more
Riot Produces 514 Bitcoin in May 2025 CASTLE ROCK, Colo., June 3, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), a Bitcoin-driven industry leader in the development of large scale data centers for high performance compute and bitcoin mining applications, announces unaudited production and operations updates for May 2025. Bitcoin Production and Operations... Read more
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for May 2025. Management... Read more
AUM & Continued Monthly Net Inflows: Valour reported assets under management (AUM) of US$812M (C$1.1B) as of May 30, 2025, reflecting a 13.5% increase month-over-month. Net inflows for May remained strong at US$12.7M (C$17.5M), bringing year-to-date inflows to US$71.4M (C$99.3M)—underscoring accelerating investor demand for Valour's ETPs. Strong Financial Position & Treasury Strategy: The company... Read more
NEW YORK, June 2, 2025 /PRNewswire/ -- WhiteFiber Inc., the wholly-owned HPC subsidiary of Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), announced today that it has completed the acquisition of a 96-acre, ~1 million square foot industrial property in Madison, North Carolina. The Company will retrofit the facility into a flagship AI data center campus ("Facility"). The Facility has... Read more
SHENZHEN, China, June 02, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has closed the acquisition of Shanghai Kuanghui Network Technology Co., Ltd. ("Kuanghui", also known as Shanghai Kuanghui Internet Technology Co., Ltd.), which operates Hupu, a leading sports media and... Read more
MIAMI, June 02, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended May 31, 2025, combined with an operations update. All monetary references are expressed in U.S. dollars unless... Read more
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra," the "Company," or "we"), a bitcoin company that develops and operates digital infrastructure assets with the goal of maximizing its per-share bitcoin holdings, today announces our first quarter ("Q1") financial results for 2025: Q1 2025 Financial Highlights Total revenues for the three months... Read more
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Banxa Holdings Inc. (TSXV: BNXA) (OTC Pink: BNXAF) (FSE: AC00) ("Banxa'' or the "Company") is pleased to report the unaudited financial results for the third quarter of fiscal year 2025, being the period ended March 31st, 2025 ("Q3"). The full results including Management Discussion & Analysis ("MD&A") are available on SEDAR. DECEMBER QUARTER FINANCIAL... Read more
Hong Kong, May 29, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS) The Company is pleased to announce certain highlights of its operating results for the first quarter of fiscal year 2025 These figures have not been reviewed or audited by the Company’s auditors. (‘mn) 2025Q1 2024Q1 +/- （％） Revenue from... Read more
HAMILTON, Bermuda, May 29, 2025 /PRNewswire/ -- In a landmark activation at the Digital Finance Forum in Bermuda, Coinbase and Penrose Partners advanced the adoption of digital finance and onchain innovation, delivering one of the world's first fully compliant stablecoin airdrops to local residents. In partnership with event hosts, Bermuda-based blockchain advisory firm Penrose Partners and global investment... Read more
Strategic Expansion into Turkiye: DeFi Technologies enters collaboration with Misyon Bank and Misyon Kripto to work to introduce ETPs, offering Turkish investors alternative access to digital assets like Bitcoin and Ethereum. Tapping a High-Growth Market: Turkiye ranks among the top countries in crypto adoption, driven by inflation, currency volatility, and a digitally native population, with over 50% of... Read more
Fiscal 2025 marked a strategic shift in MineHub's revenue model, as the Company prioritized the growth of stable, recurring SaaS revenue over non-recurring and highly variable professional services contracts, resulting in a 17% YoY increase in SaaS revenue. MineHub's customers transacted US$14.7 billion in commodities on the MineHub platform in Fiscal 2025, a 20% year-over-year increase, reflecting strong growth... Read more
NEW YORK, May 29, 2025 /CNW/ - Galaxy Digital Inc. ("Galaxy" or the "Company") (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced the pricing of its upsized underwritten offering of 31,600,000 shares of its Class A common stock, consisting of 26,400,000 shares offered by Galaxy and 5,200,000 shares offered by certain stockholders of Galaxy, at the... Read more
San Antonio, Texas--(Newsfile Corp. - May 28, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 10 Exahash per second (EH/s) of global Bitcoin mining hashrate, and in the process has added 1 EH/s each week for the last month. As of today, HIVE reports a total... Read more
VANCOUVER, British Columbia, May 27, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated data center and digital asset technology company, announces that DMG’s digital asset custody subsidiary, Systemic Trust Company (“STC”) has added the capability to send... Read more
Valour's Solana ETP Reclaims AUM Leadership: As of May 23, 2025, Valour's Solana ETP surpassed Valour's Bitcoin ETP to become the largest ETP by AUM at US$274.9M (C$377.5M), making it the third-largest Solana fund in Europe. As Valour's parent company, DeFi Technologies is the largest institutional asset manager of Solana in North America. DeFi Technologies Leads in Solana Monetization: Through a... Read more
EASTON, Md., May 27, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, announced today the acquisition of 100% of the membership interests of Beowulf Electricity & Data LLC and its affiliates (collectively, “Beowulf E&D”). The strategic transaction... Read more
NEW YORK, May 27, 2025 /CNW/ - Galaxy Digital Inc. ("Galaxy" or the "Company") (NASDAQ: GLXY) (TSX: GLXY), a global leader in digital assets and data center infrastructure, today announced an underwritten offering of 29,000,000 shares of its Class A common stock, consisting of 24,150,000 shares offered by Galaxy and 4,850,000 shares offered by certain stockholders of Galaxy. The underwriters for the offering also... Read more
Signs Term Sheet to Expand Pipeline with Project Annie ALBANY, N.Y. / May 22, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Annie, a new 75... Read more
MIAMI, May 22, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a vertically integrated power infrastructure company focused on developing cutting-edge data centers for high-performance computing, is pleased to announce that US Data Centers, Inc., a wholly owned subsidiary of the Company, has entered into a collaboration with Super Micro Computer, Inc.... Read more
Total revenues of US$18.2 million exceeds guidance, up 445.5% YoY Total ETH-based cryptocurrency units were approximately 7,023, up 23.2% QoQ Income from operations reach US$5.1 million, achieving turnaround from prior-year period SINGAPORE, May 22, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a company that engages in the provision of altcoin mining products, the... Read more
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its fiscal second quarter 2025 financial results. All financial references are in Canadian Dollars unless specified otherwise. Readers are encouraged to review the... Read more
Strategic Joint Venture to Launch Regulated Stablecoin: DeFi Technologies has entered into a joint venture and made a lead equity investment in Fire Labs, a stablecoin infrastructure provider backed by America First Technology ("AFT"). This partnership marks DeFi Technologies' entry into the Real-World Asset ("RWA") sector through the development of a fully regulated, USD-backed stablecoin issued directly by a... Read more
CASTLE ROCK, Colo., May 20, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has successfully upsized its existing $100 million credit facility (the "Existing Credit Facility") to a total commitment of up to $200 million (the "Upsized Credit Facility") with Coinbase Credit, Inc.... Read more
Q1 Revenue of $5.9 Million and 220MW of New Projects in Development ALBANY, N.Y. / May 16, 2025 / Business Wire / Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its financial results for the quarter year ended March 31, 2025. “Our outlook shines brighter with expanding project... Read more
Jordan Levy Elected Chairman of the Board AUSTIN, Texas / May 16, 2025 / Business Wire / Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced the appointment of Elizabeth Crain to its Board of Directors, effective immediately. Ms. Crain will also serve as the Chair of the Company’s Audit Committee. Ms. Crain... Read more
NEW YORK, May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for the First Quarter of 2025. The Company will host a conference call on May 16, 2025, at 10:00 AM ET to discuss results (click here for registration... Read more
San Antonio, Texas--(Newsfile Corp. - May 15, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 8.0 Exahash per second (EH/s) of global Bitcoin mining hashrate, marking another key milestone in the Company's strategic expansion toward its 25 EH/s target for in... Read more
Strategic Partnership: Valour appoints GulfCap Investment Bank as Transaction Advisor for the cross-listing of its digital asset ETPs on the NSE, expanding its footprint into African capital markets. Market Expansion: The cross-listing will provide Kenyan investors with regulated, local currency access to Valour's suite of over 65 digital asset ETPs already trading on leading European exchanges. Regulatory... Read more
SINGAPORE, May 15, 2025 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for Bitcoin mining, today released its unaudited financial results for the first quarter ended March 31, 2025. Q1 2025 Financial HighlightsAll amounts compared to Q1 2024 unless otherwise noted Total revenue was US$70.1 million vs. US$119.5 million. Cost of... Read more
MIAMI, May 15, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a vertically integrated power infrastructure company focused on developing cutting-edge data centers for high-performance computing, is pleased to provide a summary of the Company’s unaudited financial results for the three-month period ended March 31, 2025 (all amounts in U.S. dollars, unless... Read more
Highlights Recent Board Refreshment and Appointments of Kenneth Fearn and Christopher Krug as Independent Directors Notes Recent Purchase of New Mississippi Site and Progress Toward Closing on Sale of South Carolina Property Continues to Explore Various Options to Grow Mining Operations Amid Surging Institutional and Sovereign Demand for Bitcoin PITTSFORD, N.Y. / May 15, 2025 / Business Wire / Greenidge... Read more
SHENZHEN, China, May 15, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights: Total revenues were US$88.8 million, representing an increase of 10.5%... Read more
27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded... Read more
SYDNEY, May 14, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today reported its financial results for the three and nine months ended March 31, 2025. All $ amounts are in United States Dollars (“USD”) unless otherwise stated. “We’re pleased to report another quarter of strong EBITDA and net profit,” said Daniel Roberts, Co-Founder and Co-CEO of... Read more
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