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Bitfarms Reports First Quarter 2022 Results

Retrieved on:

Monday, May 16, 2022

TORONTO and BROSSARD, Québec, May 16, 2022 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, reported its financial results for the first quarter ended March 31, 2022. All financial references are in US dollars. During Q1 2022, Bitfarms mined 961 Bitcoin (BTC) at an average cost of production of $8,700/BTC*.

Key Points:

TORONTO and BROSSARD, Qubec, May 16, 2022 (GLOBE NEWSWIRE) -- Bitfarms Ltd.(NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, reported its financial results for the first quarter ended March31, 2022.
We delivered another profitable quarter in Q1 2022, even with the decline in the price of BTC, and revenues were up 42% compared to Q1 2021, said Geoff Morphy, Bitfarms President and COO.
Financial results in Q1 2022 were substantially impacted by the decline in the market price of BTC during the quarter as compared to Q4 2021.
Financial Results for the Quarter ended March31, 2022
In Q1 2022, the Company generated revenues of $40 million, up $12 million, or 42%, compared to Q1 2021.

Bitfarms Provides April 2022 Production and Mining Operations Update

Retrieved on:

Monday, May 2, 2022

TORONTO, Ontario and BROSSARD, Québec, May 02, 2022 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, provided a Bitcoin (BTC) production and mining operations update for April 2022.

Key Points:

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release.
The Company has also assumed that no significant events occur outside of Bitfarms normal course of business.
The Company undertakes no obligation to revise or update any forward-looking information other than as required by law

DeFi Protocols Raising Millions for Structured Products in DeFi

Retrieved on:

Monday, April 18, 2022

NEW YORK, April 18, 2022 /PRNewswire/ -- Decentralized Finance (DeFi) is continuing to gain traction and DeFi protocols are raising millions to offer retail investors better access to the growing market. Ribbon Finance, a protocol that makes it easier for investors to benefit from the complicated world of crypto derivatives, just raised $8.8 million after partnering with Paradigm to build new risk products native to DeFi and double down on the project's multi-chain approach. At the same time, Struct Finance raised $3.9 million to develop structured products in DeFi, which the company will use to build the tools allowing institutions to easily customize interest rate products and to combine them with options to build structured products that are better suited to the profiles of different investors. Structured products in DeFi allow investors of various risk profiles to participate in the DeFi ecosystem thus boosting investor interest in DeFi. WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Bit Digital Inc. (NASDAQ:BTBT), Bitfarms Ltd. (NASDAQ:BITF) (TSXV:BITF), Coinbase Global, Inc. (NASDAQ:COIN), and HIVE Blockchain Technologies (NASDAQ:HIVE) (TSXV:HIVE) are benefitting from the growing interest in DeFi and crypto.

Key Points:

NEW YORK, April 18, 2022 /PRNewswire/ --Decentralized Finance (DeFi) is continuing to gain traction and DeFi protocols are raising millions to offer retail investors better access to the growing market.
At the same time, Struct Finance raised $3.9 million to develop structured products in DeFi, which the company will use to build the tools allowing institutions to easily customize interest rate products and to combine them with options to build structured products that are better suited to the profiles of different investors.
Structured products in DeFi allow investors of various risk profiles to participate in the DeFi ecosystem thus boosting investor interest in DeFi.
As we continue our consolidation of leading licensed crypto platforms, our user count, revenue and pool of talent continues to grow."

DeFi Protocols Raising Millions for Structured Products in DeFi

Retrieved on:

Monday, April 18, 2022

NEW YORK, April 18, 2022 /PRNewswire/ -- Decentralized Finance (DeFi) is continuing to gain traction and DeFi protocols are raising millions to offer retail investors better access to the growing market. Ribbon Finance, a protocol that makes it easier for investors to benefit from the complicated world of crypto derivatives, just raised $8.8 million after partnering with Paradigm to build new risk products native to DeFi and double down on the project's multi-chain approach. At the same time, Struct Finance raised $3.9 million to develop structured products in DeFi, which the company will use to build the tools allowing institutions to easily customize interest rate products and to combine them with options to build structured products that are better suited to the profiles of different investors. Structured products in DeFi allow investors of various risk profiles to participate in the DeFi ecosystem thus boosting investor interest in DeFi. WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Bit Digital Inc. (NASDAQ:BTBT), Bitfarms Ltd. (NASDAQ:BITF) (TSXV:BITF), Coinbase Global, Inc. (NASDAQ:COIN), and HIVE Blockchain Technologies (NASDAQ:HIVE) (TSXV:HIVE) are benefitting from the growing interest in DeFi and crypto.

Key Points:

NEW YORK, April 18, 2022 /PRNewswire/ --Decentralized Finance (DeFi) is continuing to gain traction and DeFi protocols are raising millions to offer retail investors better access to the growing market.
At the same time, Struct Finance raised $3.9 million to develop structured products in DeFi, which the company will use to build the tools allowing institutions to easily customize interest rate products and to combine them with options to build structured products that are better suited to the profiles of different investors.
Structured products in DeFi allow investors of various risk profiles to participate in the DeFi ecosystem thus boosting investor interest in DeFi.
As we continue our consolidation of leading licensed crypto platforms, our user count, revenue and pool of talent continues to grow."

Bitfarms Provides February 2022 Production and Mining Operations Update

Retrieved on:

Tuesday, March 1, 2022

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Key Points:

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The Company has also assumed that no significant events occur outside of Bitfarms normal course of business.
Accordingly, readers should not place undue reliance on any forward-looking information.
The Company undertakes no obligation to revise or update any forward-looking information other than as required by law

HARD ROCK HOTELS® BRINGS REVERB BY HARD ROCK® TO EUROPE

Retrieved on:

Thursday, January 13, 2022

HAMBURG, Germany, Jan. 13, 2022 /PRNewswire/ -- Hard Rock Hotels today announced plans for the opening of its newest REVERB by Hard Rock set to take center stage in Hamburg, Germany.

Key Points:

HAMBURG, Germany, Jan. 13, 2022 /PRNewswire/ -- Hard Rock Hotels today announced plans for the opening of its newest REVERB by Hard Rock set to take center stage in Hamburg, Germany.
"Hard Rock has been celebrating the spirit of music for five decades, and with REVERB the spotlight shines directly on the fans," said Todd Hricko, Senior Vice Presidentof Hotel Development at Hard Rock International.
As REVERB Hamburg finalizes its programming, Hard Rock will remain steadfast in its commitment to working with local artists to curate City Guides.
The versatile portfolio of the RIMC Group of business hotels, city hotels, vacation hotels - of different categories is currently a healthy and promising mix of hotel products.

Bunker Labs Launches Bunker Connect in 12 Cities Nationwide to Boost Veterans' Career Opportunities

Retrieved on:

Wednesday, October 30, 2019

The Bunker, Research Triangle, Raleigh, North Carolina, Geography of North Carolina, Cities in the United States, North Carolina

Founded in 2014 in Chicago, Bunker Labs has expanded to support veteran entrepreneurs through local chapters in 26 cities.

Key Points:

Founded in 2014 in Chicago, Bunker Labs has expanded to support veteran entrepreneurs through local chapters in 26 cities.
"The Bunker is excited to grow our impact by piloting Bunker Connect over the next year," said Todd Connor, chief executive officer and founder of Bunker Labs.
A Raleigh veteran stated after the September 26 Bunker Connect, "[Bunker Connect] got me out of my comfort zone.
This fall, Bunker Labs will host Bunker Connect events in Raleigh-Durham, Seattle, Austin, Detroit, and Boston.

Bunker Hill Announces Amendment to Lease and Option to Purchase

Retrieved on:

Tuesday, October 22, 2019

Economy, Business law, Leasing, Landlord–tenant law, Bunker Hill, Law, The Bunker, Articles, Lease

TORONTO, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the Company or Bunker) (CSE:BNKR) is pleased to announce that the Company has signed a further amendment to its Lease with Option to Purchase for the Bunker Hill Mine.

Key Points:

TORONTO, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the Company or Bunker) (CSE:BNKR) is pleased to announce that the Company has signed a further amendment to its Lease with Option to Purchase for the Bunker Hill Mine.
The original Lease with Option to Purchase was announced on August 28, 2017 and became effective on November 1, 2017.
The purchase option may be exercised at anytime during the remaining period of the lease.
About Bunker Hill Mining Corp.
Bunker Hill Mining Corp. has an option to acquire 100% of the marketable assets of the Bunker Hill Mine.