Breaks Categories: News

MondayJan 09, 2023 12:11 pm

CryptoNewsBreaks – AmeriCann Inc. (ACAN) Announces Record Fiscal Year-End and Quarterly Results

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today released financial and operational results for its fiscal year and quarter ending September 2022. “Our focus on cost efficiency has produced some of the strongest adjusted operating EBITDA margins in the industry,” said CFO Ben Barton. “We look forward to investing the cash flow we are generating to further expand operations at the Massachusetts Cannabis Center and to produce even better financial results for shareholders.” To view the full press release, visit https://cnw.fm/zpqDk About AmeriCann Inc. AmeriCann is a cannabis company that develops cultivation,…

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ThursdayJan 05, 2023 1:19 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces December 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, today released unaudited bitcoin (“BTC”) production and miner installation updates for December 2022. “In 2022, we made significant progress in increasing our hash rate while also transitioning to more sustainable power sources,” said Fred Thiel, Marathon’s chairman and CEO. “Despite challenges earlier in the year, we doubled our hash rate to 7.0 exahashes per second year-over-year, with a majority of it now located at the King Mountain wind farm in West Texas. We finished the year with one of our most productive quarters to date, producing…

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ThursdayJan 05, 2023 10:09 am

CryptoNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Releases December 2022 Production, Operations Report

Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s self-mining operations. Riot also saw net proceeds of some $10.2 million through sales of 600 BTC; in addition, as of the month end, the company had deployed fleet of 88,556 miners, with a hash rate…

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TuesdayJan 03, 2023 3:05 pm

CryptoNewsBreaks — Stronghold Digital Mining Inc. (NASDAQ: SDIG) to Extinguish Convertible Notes Through Exchange Agreement

Stronghold Digital Mining (NASDAQ: SDIG), a vertically integrated Bitcoin mining company with an emphasis on environmentally beneficial operations, has entered into an exchange agreement with the holders of the company’s amended and restated 10% notes. According to the announcement, the result is that the approximately $17.9 million of outstanding principal amount of debt and interest will be extinguished in exchange for shares of a new series of convertible preferred stock; the face value of the new shares will total an estimated $23.1 million. The closing, which is subject to customary conditions, will occur as soon as practicable following the satisfaction…

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TuesdayJan 03, 2023 3:00 pm

CryptoNewsBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Announces Rebranding to Reflect Its Corporate Vision

Riot Platforms (NASDAQ: RIOT) (formerly Riot Blockchain Inc.), an industry leader in Bitcoin mining and data center hosting, today announced the rebranding of its corporate name from Riot Blockchain Inc. to Riot Platforms Inc. The move underpins the company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform. “This is a significant milestone for Riot and comes as a result of our unique strategic position in the market,” said Jason Les, CEO of Riot. “Our successful acquisitions of Whinstone U.S., which developed and…

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ThursdayDec 29, 2022 10:22 am

CryptoNewsBreaks – Tingo Inc. (TMNA) Partners with Dozy Mmobousi to Open Leadership Centre

Tingo (OTC: TMNA), a leading agrifintech business in Africa, and Dozy Mmobuosi, renowned technology entrepreneur and philanthropist, have together unveiled the Dozy Mmobuosi Leadership Centre (DMLC), located in Oxford, United Kingdom. The centre is designed to offer a monthlong, in-person transformational leadership program for entrepreneurs and those involved in both private and public service. The centre is scheduled to welcome its first cohort of approximately 35 African leaders in February 2023. The centre can also be used as a meeting point for world leaders and researchers for high-level events. According to the announcement, Rt. Hon. Mark Simmonds will serve as the chair…

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TuesdayDec 27, 2022 12:52 pm

CryptoNewsBreaks – Upstream Announces Significant Milestones in 2022

Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”), recently reported its largest milestones of 2022. The announcement highlighted a considerable year for Upstream, which worked to usher in the future of trading. “We are very proud of what the Upstream and Horizon team has accomplished in 2022. We have launched multiple NFTs, expanded our ecosystem with great minds in the entertainment industry, introduced new features, and began taking applications for dual listings,” Fernanda De La Torre writes in the update. “We expect to continue to grow in 2023…

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TuesdayDec 27, 2022 11:43 am

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Begins Ethereum Staking Operations, Enters Partnership

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has officially begun Ethereum staking operations. The company announced that it plans to delegate, or stake, its ETH holdings to an Ethereum validator node in order to help secure and strengthen the blockchain network; the announcement also noted that stakers will be compensated for this commitment in the form of a reward of the native network token. In addition to beginning operations, the company has entered a new partnership with Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking. The partnership calls for Bit Digital to also participate…

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TuesdayDec 27, 2022 11:33 am

CryptoNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the stolen digital assets and has reported the incident to law enforcement authorities in Shenzhen, China. Due to local and internal coordination within the company, some of BTC.com’s digital assets have already been secured. On Dec.…

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ThursdayDec 22, 2022 12:20 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces Results from Shareholder Meeting, Strategic Acquisitions

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that all resolutions considered at its 2022 annual meeting of shareholders on Dec. 20, 2022, were approved by its shareholders. The company also provided a corporate update for its fiscal third quarter ending Dec. 31, 2022. Among the resolutions, shareholders present in person or represented by proxy at the meeting approved/re-approved all director nominees, which were duly elected or re-elected to HIVE’s board of directors, as well as the company’s stock option plan. In addition, the company announced acquisitions of Bitmain Antminer S19j Pro ASIC miners at opportunistic prices,…

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