Breaks Categories: News

WednesdayJul 20, 2022 2:23 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Financial Report Showing Record Annual Revenue, Earnings

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) is reporting is financial and corporate results for the full fiscal year ended March 31, 2022. Highlights of the report include revenue reaching $211.2 million, a 212% increase from the prior year; record net income of $79.6 million, up from $24.1 million last year; and growth of basic income per share from 191% to $1.02 from $0.35 during the prior year. The report also noted that gross mining margin expanded to $163.9 million, up from $51.1 million the previous year. According to the company, the gains in revenues and earnings are a…

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WednesdayJul 20, 2022 2:12 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Schedules Release of Q2 2022 Financial Results, Earnings Call

Coinbase (NASDAQ: COIN) has announced that it will publish its second quarter 2022 shareholder letter, including financial results, on its Investor Relations website after market close on Tuesday, Aug. 9, 2022. In addition, at 2:30 p.m. PT on Aug. 9, the company will hold a question and answer session to discuss its financial results. Starting at 9:00 a.m. PT on Aug. 2, shareholders will be able to visit https://ccw.fm/Ha7Nu and submit and upvote questions for Coinbase management. The Q&A platform will remain open until 24 hours before the earnings call. Interested parties should visit https://ccw.fm/orZGu to register for the webcast.…

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WednesdayJul 20, 2022 11:59 am

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Arranges for 254 MW of Hosting Arrangements with Options to Expand

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has made arrangements with a variety of hosting providers to secure an estimated 254 megawatts (“MW”) of new hosting arrangements for its Bitcoin mining operations; arrangements include options to increase that amount to 324 MW. Hosting providers include Applied Blockchain Inc. (NASDAQ: APLD) and Compute North, with APLD agreeing to supply 200 MW of hosting, with an option to increase that amount to 270 MW. Applied Blockchain will provide hosting at its Texas and North Dakota facilities. Marathon now has hosting arrangements in place to support its…

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TuesdayJul 19, 2022 12:29 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Inks Five-Year Hosting Agreement with Applied Blockchain

Marathon Digital Holdings (NASDAQ: MARA) is partnering with Applied Blockchain Inc.(NASDAQ: APLD) to host Bitcoin miners. The five-year hosting contract, which calls for 200 megawatts (“MW”) of Bitcoin mining capacity, notes that APLD will provide comprehensive hosting services for MARA’s Bitcoin miners at Applied Blockchain’s owned and operated cohosting data centers. A builder and operator of next-generation data centers across North America, Applied Blockchain has partnered with some of the most recognized names in the industry to develop, deploy and scale businesses. APLD management called the multiyear agreement a “significant step forward in Applied Blockchain’s growth trajectory,” noting that demand for the…

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TuesdayJul 19, 2022 11:23 am

CryptoNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Announces Appointment of New CTO

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, has named a new chief technology officer. A senior software architect and Bitcoin expert, Aziz Pulatov has accepted the new position; Pulatov is also a senior devops engineer and Amazon Web Services-certified sysops administrator. In conjunction with the new appointment, LQwD noted that Albert Szmigielski had resigned from his position as chief technology officer; Szmigielski will serve as a strategic advisor to the company. “LQwD's management and board of directors would like to sincerely thank Mr. Szmigielski for his many contributions…

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ThursdayJul 14, 2022 11:03 am

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Update Regarding Delayed Annual Filings

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) is sharing an update regarding the status of its audited financial statements for the year ended March 31, 2022, as well as its CEO and CFO certifications, and management discussion and analysis for the same period. HIVE reports that the company is working diligently with its auditors to complete the required filings and plans on filing the documents on or before July 18, 2022. According to the update, HIVE notes that there has been “no material change in the information contained in the default announcement issued on June 29, 2022, and there is…

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WednesdayJul 13, 2022 2:46 pm

CryptoNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Issues June 2022 Production Update

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has announced its unaudited bitcoin and ethereum production and corporate updates for the month of June 2022. According to the announcement, the company earned 67.6 bitcoins and 0.0 ETHs in June 2022. In addition, on June 30, 2022, Treasury holdings of BTC and ETH were 860.7 and 313.6, with a fair market value of approximately $17.0 million and $0.3 million, respectively. As of June 30, 2022, the company owned 38,135 bitcoin miners and 731 ethereum miners with an estimated maximum total hash rate of 2.7 EH/s and…

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TuesdayJul 12, 2022 4:29 pm

CryptoNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Sale of Shares to Devote Resources More Extensively to North American Market

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a share sale and purchase agreement with an unaffiliated third party (the “buyer”). Under the agreement, the company agreed to sell and the buyer agreed to purchase approximately 51% of the total issued share capital of Loto Interactive Limited, representing 279,673,200 shares of Loto Interactive, each at the price of HK$0.28, for the total consideration of HK$78,308,496 (the “transaction”). Upon closing of the transaction, the company’s share ownership in Loto Interactive will decrease to 8.79%. “Following our strategy to focus on developing in the U.S.,…

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TuesdayJul 12, 2022 2:40 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Encourages Stockholders to Vote at Upcoming AGM

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, is encouraging stockholders to vote for Proposal No. 4 during the upcoming Annual General Meeting. The recommendation comes from both Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co., leading independent proxy advisor firms that provide voting recommendations to institutional investors. Stockholders are encouraged to vote in one of three ways: before or during the meeting by internet, by mail, or by dialing 1-866-620-9211 or 1-800-690-6903. The voting deadline is July 26, 2022, at 11:59 p.m. ET, and stockholders are encouraged to vote well in advance. Proposal No.…

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MondayJul 11, 2022 12:34 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Bitcoin Donation Drive to No Kid Hungry in Appreciation of Stockholder AGM Participation

Riot Blockchain (NASDAQ: RIOT) is an industry leader in Bitcoin (“BTC”) mining and hosting. On Friday, the company announced that, to express its appreciation for stockholder participation, Riot will make a charitable donation of $1.00 in Bitcoin to No Kid Hungry on behalf of every unique stockholder that votes for matters pertaining to Riot’s upcoming annual general meeting of stockholders (“AGM”). The announcement provided instructions for shareholders to vote by internet, phone or mail and indicated that votes will not only be used to determine important business decisions but to contribute to a great cause. In the U.S., as many…

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