CryptoNewsBreaks

TuesdayNov 08, 2022 12:43 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Strong Results for Q3 2022

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has released financial results for the three-month period ended Sept. 30, 2022. “Our results this quarter are a strong testament to the benefits of Riot’s vertically-integrated and diversified business model, which is further complemented by our conservative financial approach,” said Jason Les, CEO of Riot. “Despite rising energy prices, which significantly impacted many bitcoin miners, Riot was able to leverage our long-term fixed rate power contract to generate significant power credits and, in doing so, significantly reduce our operating costs. Additionally, our strong liquidity position…

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MondayNov 07, 2022 12:42 pm

CryptoNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues Global Bitcoin Production Figures for October 2022

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) has announced production figures from the company’s global Bitcoin operations for the month of October 2022, with 307 Bitcoin produced and a BTC HODL balance of 3,311 Bitcoin as of Nov. 5, 2022. According to the summary, HIVE has a strong balance sheet, with approximately $70 million USD of Bitcoin, and no expensive borrowing against equipment like ASICs or GPU chips or digital assets. “We are very happy to be producing over 300 Bitcoin per month, which is about 1% of the global network, even when network difficulty is at an…

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FridayNov 04, 2022 12:40 pm

CryptoNewsBreaks – Coinbase Global Inc. (NASDAQ: COIN) Announces Q3 2022 Shareholder Letter, Financial Results

Coinbase (NASDAQ: COIN) has announced the release of its third quarter (“Q3”) 2022 shareholder letter. The letter, which includes the company’s financial results, can be found on its Investor Relations website. In addition, Coinbase held a question-and-answer session to discuss its Q3 2022 results on Thursday, Nov. 3, 2022. A replay of the call and transcript are also available on the company’s Investor Relations website. To view the full press release, visit https://ccw.fm/FVd6i About Coinbase Global Inc. Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012…

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FridayNov 04, 2022 12:29 pm

CryptoNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Plans to Release Q3 2022 Financial Report

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, will release its financial results for its Q3, the period September 30, 2022, on Nov. 14, 2022, before the U.S. market opens. In addition, the company announced that it will host a conference call that morning to discuss the earnings report; the call is slated to begin at 7 a.m. ET. Those interested can register for the event and will receive information, including dial-in numbers and an access PIN, to call in. Members of Canaan’s leadership team will facilitate the event, which will also include a Q&A session. In addition, a…

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ThursdayNov 03, 2022 1:38 pm

CryptoNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for October 2022 Bitcoin Production, Mining Operation Numbers

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for October 2022. According to the announcement, the company produced a record 615 BTC in October with total Bitcoin holdings reaching 11,285 BTC with a fair market value of $231.3 million. The report also noted that, after approximately 32,000 miners were successfully energized during the month, MARA’s operating mining fleet consisted of some 69,000 active miners producing approximately 7.0 EH/s at month’s end. The company has scheduled a webcast and conference call to discuss financial results for…

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ThursdayNov 03, 2022 1:32 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Schedules Q3 2022 Earnings Call

Stronghold (NASDAQ: SDIG) today announced that it will host a conference call on Wednesday, Nov. 9, at 5:00 p.m. Eastern Time to discuss its operations and financial results from the third quarter ended Sept. 30, 2022. According to the update, Stronghold management will provide prepared remarks, followed by a question-and-answer period. A live webcast and a replay shortly after the event will be available on the Investor Relations page of Stronghold’s website. Interested parties should visit https://ccw.fm/Fy1cD to access the call by phone. Upon registration, an email will be sent, including dial-in details and a unique access code required to…

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ThursdayNov 03, 2022 1:29 pm

CryptoNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces ‘Another Month of Executional Excellence’

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, today announced unaudited production and operations updates for October 2022. Among the highlights, the company reportedly produced 509 BTC, an increase of approximately 10% as compared to October 2021 production of 464 BTC. In addition, as of Oct. 31, 2022, Riot had a deployed fleet of 65,516 miners with a hash rate capacity of 6.9 exahash per second (“EH/s”). “October marked another month of executional excellence for Riot,” said the company’s CEO Jason Les. “We continued to make significant progress on the expansion of our…

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ThursdayNov 03, 2022 12:41 pm

CryptoNewsBreaks – RYVYL Inc. (NASDAQ: RVYL) Announces Plans to Report Q3 2022 Financial Results

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, is planning to release its third quarter 2022 financial report this month. The company announced that it will release the report on Nov. 14, 2022. On the same day, RYVYL executives will host a conference call and webcast to discuss the released report; the event will start at 4:30 p.m. ET. During the call, management will provide a summary of financial results as well as a corporate update; in addition, the event will include an audio Q&A session…

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WednesdayNov 02, 2022 12:10 pm

CryptoNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Executes on Strategy to Deliver Balance Sheet, Enhance Liquidity

Stronghold (NASDAQ: SDIG) has announced (i) the extinguishment of the final approximately $2.1 million of the total of approximately $67 million of principal amount of debt outstanding with NYDIG ABL LLC (“NYDIG”) and The Provident Bank (“BankProv”) and (ii) the closing of its previously announced WhiteHawk restructuring and credit facility that resulted in $23 million of additional borrowing capacity. According to the update, the company believes these moves are important steps in Stronghold’s plan to improve profitability and liquidity and to reduce leverage despite low Bitcoin prices. “We are executing on the strategy we outlined during our second quarter earnings…

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TuesdayNov 01, 2022 2:17 pm

CryptoNewsBreaks – Florida Bitcoin & Blockchain Summit Opens Doors

The second annual Florida Bitcoin & Blockchain Summit (“FBBS”) is being held this week. The event, produced by Cutting Edge Events LLC, is scheduled for Nov. 4, 2022, in Tampa, Florida. Florida’s first blockchain-and-fintech-focused event, FBBS aims to make the state a leader in the blockchain and financial tech space. The event gathers key representatives from a broad spectrum of stakeholders, businesses, startups, political leaders, policymakers, regulators, fintech communities and evangelists. The gathering provides invaluable information for three types of participants: those new to crypto investing and fintech interested in increasing their industry knowledge; stakeholders, institutions or startups poised to…

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