Bitcoin

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Hut 8 Corp. (HUT)

Retrieved on: 
Friday, March 8, 2024

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In November 2023, Hut 8 formed following the merger of Hut 8 Mining Corp. (“Legacy Hut”) and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”) (the “Merger”).
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Allied Energy Corporation Signs Partnership Agreement on Green Lease Project

Retrieved on: 
Thursday, March 7, 2024

CARROLLTON, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) is delighted to announce the formalization of a Partnership Agreement with Petroloro LLC and ORO Energy LLC, collectively known as P&O Energy, to advance the Green Lease project.

Key Points: 
  • CARROLLTON, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) is delighted to announce the formalization of a Partnership Agreement with Petroloro LLC and ORO Energy LLC, collectively known as P&O Energy, to advance the Green Lease project.
  • Under this Partnership Agreement, P&O Energy will undertake the operation of the Project by initiating a comprehensive workover program on the M1 and X3 Wells.
  • Additionally, the Partnership Agreement outlines the development of further Wells within the Project area.
  • The initial drilling location has been identified, and pending the successful acquisition of permits, Allied Energy will transfer the Project land to P&O Energy.

Bitdeer Announces February 2024 Operations Updates

Retrieved on: 
Thursday, March 7, 2024

SINGAPORE, March 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for February 2024.

Key Points: 
  • SINGAPORE, March 07, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for February 2024.
  • Linghui Kong, Chief Business Officer of Bitdeer, commented, “This month, we aggressively advanced our technology vertical-integration strategy with the successful testing of our first Bitcoin mining chip, the 4nm SEAL01.
  • Boasting an exceptional power efficiency of 18.1 J/TH, the SEAL01 is designed to be seamlessly integrated into our new SEALMINER A1 mining machines.
  • Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.

Bitfarms Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

TORONTO, Ontario and BROSSARD, Québec, March 07, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF), a global Bitcoin vertically integrated company, reported its financial results for the fourth quarter and year ended December 31, 2023. All financial references are in U.S. dollars.

Key Points: 
  • - Achieved debt-free goal in February 2024, enhancing financial flexibility -
    TORONTO, Ontario and BROSSARD, Québec, March 07, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF), a global Bitcoin vertically integrated company, reported its financial results for the fourth quarter and year ended December 31, 2023.
  • Increased hashrate by 7% to 6.5 EH/s at December 31, 2023, through the installation of 2,300 miners, compared to 6.1 EH/s at the end of Q3 2023.
  • Received $11 million in proceeds during December 2023 and $6 million in proceeds during 2024 from exercise of warrants issued in the November 2023 private placement.
  • Initiated the Synthetic HODL™ strategy with the purchase of 135 long-dated BTC call options held by the Company as of December 31, 2023.

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hut 8

Retrieved on: 
Thursday, March 7, 2024

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • In November 2023, Hut 8 formed following the merger of Hut 8 Mining Corp. (“Legacy Hut”) and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. (“USBTC”) (the “Merger”).
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Hut 8’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ).

OTC Markets Group Upgrades Three Grayscale Products to OTCQX

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.
  • Grayscale Chainlink Trust (LINK), Grayscale Livepeer Trust (LPT) and Grayscale Solana Trust (SOL) begin trading today on OTCQX under the symbols “GLNK, GLIV, and GSOL” respectively.
  • These three products will join nine other Grayscale products currently trading on OTCQX: Grayscale Bitcoin Cash Trust (BCH), Grayscale Decentraland Trust (MANA), Grayscale Digital Large Cap Fund LLC, Grayscale Ethereum Trust (ETH), Grayscale Ethereum Classic Trust (ETC), Grayscale Horizen Trust (ZEN), Grayscale Litecoin Trust (LTC), Grayscale Stellar Lumens Trust (XLM), and Grayscale Zcash Trust (ZEC).
  • To round out a total of fifteen Grayscale products on the OTC Markets, Grayscale Basic Attention Token Trust (BAT), Grayscale Decentralized Finance (DeFi) Fund LLC, and Grayscale Filecoin Trust (FIL) trade on the OTCQB Market.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against iRhythm, Hut 8, Xponential, and Amplitude and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, March 7, 2024

The Company’s principal product is a monitoring patch that provides electrocardiogram (“ECG”) monitoring for up to 14 days, called Zio XT.

Key Points: 
  • The Company’s principal product is a monitoring patch that provides electrocardiogram (“ECG”) monitoring for up to 14 days, called Zio XT.
  • The Zio XT is intended for non-critical patients, as it does not provide real-time reporting.
  • These types of heart monitors that are approved for high-risk patients and provide near real-time alerts are also referred to as “real-time” monitors.
  • As a result of these misrepresentations, the price of iRhythm common stock traded at artificially inflated prices throughout the Class Period.

ROSEN, LEADING INVESTOR COUNSEL, Encourages Hut 8 Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HUT

Retrieved on: 
Wednesday, March 6, 2024

WHAT TO DO NEXT: To join the Hut 8 class action, go to https://rosenlegal.com/submit-form/?case_id=22432 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Hut 8 class action, go to https://rosenlegal.com/submit-form/?case_id=22432 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Tupan Launches the New Binance Smart Chain TCT

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, NY, March 06, 2024 (GLOBE NEWSWIRE) -- Recently, Tupan has announced the launch of the new Binance Smart Chain TCT.

Key Points: 
  • NEW YORK, NY, March 06, 2024 (GLOBE NEWSWIRE) -- Recently, Tupan has announced the launch of the new Binance Smart Chain TCT.
  • Bitcoin recently surpassed the $46,000 mark on January 8th, due to recent compliance with the SEC and becoming an ETF and consequently a semi-security.
  • Tupan has started a never-before-seen program to enable its community to farm an Equity token called Tupan Augreen, which represents the shares of the ForestAu Green Investment Fund.
  • To acquire your TCTs before the exchange launch and discover this unique opportunity, join the exclusive list at www.tupan.io/launch

Hut 8 Streamlines Operations with Closure of Drumheller Site

Retrieved on: 
Wednesday, March 6, 2024

MIAMI, March 06, 2024 (GLOBE NEWSWIRE) --  Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest Bitcoin miners and energy infrastructure operators, today announced the closure of its Drumheller site in Alberta, Canada. In line with ongoing restructuring and optimization initiatives designed to strengthen financial performance, the Company is executing several strategic measures at the site.

Key Points: 
  • In line with ongoing restructuring and optimization initiatives designed to strengthen financial performance, the Company is executing several strategic measures at the site.
  • Effectively immediately, Drumheller will cease to operate as a Bitcoin mining site.
  • Efficient miners will be relocated to the Medicine Hat site in Alberta, Canada, and old and inefficient miners will be retired from operations.
  • Hut 8 will maintain its lease at the site and the option value of re-energizing the site if market conditions improve.