Bitcoin

Bitcoin Well Announces Company Record of New Users Signed Up

Retrieved on: 
Thursday, March 28, 2024

EDMONTON, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence announces a company record for new users signed up in one day.

Key Points: 
  • EDMONTON, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence announces a company record for new users signed up in one day.
  • On March 27, 2024 the Company signed up 146 new users.
  • The Company attributes this specific success to a tutorial video posted on YouTube by popular Bitcoin YouTuber “BTC Sessions”.
  • “Our Bitcoin Portal’s differentiator of Automatic Self Custody, where users maintain control of their bitcoin, is resonating within the bitcoin community,” said Adam O’Brien, founder & CEO of the Company.

Hut 8 Reports Operating and Financial Results for the Six Months Ended December 31, 2023

Retrieved on: 
Thursday, March 28, 2024

MIAMI, March 28, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced its financial results for the six months ended December 31, 2023.

Key Points: 
  • While there is still work to do, I am proud of the progress we have made,” said Asher Genoot, CEO of Hut 8.
  • The outcome of this is a six-month set of financials, including audited financials for the six months ended December 31, 2023 and unaudited financials for the six months ended Dec 31, 2022.
  • Adjusted EBITDA increased by $49.5 million to $62.3 million from $12.8 million in the six months ended December 31, 2022.
  • Cost to mine including hosted miners was $18,815, versus $16,305 in the six months ended December 31, 2022.

HUT LAWSUIT ALERT: Levi & Korsinsky Notifies Hut 8 Corp. Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Hut 8 Corp. ("Hut 8" or the "Company") (NASDAQ: HUT) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Hut 8 Corp. ("Hut 8" or the "Company") (NASDAQ: HUT) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Hut 8 investors who were adversely affected by alleged securities fraud between November 9, 2023 and January 18, 2024.
  • Follow the link below to get more information and be contacted by a member of our team:
    HUT investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

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

Retrieved on: 
Thursday, March 28, 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).

Holzer & Holzer, LLC Reminds Shareholders of April 8, 2024 Lead Plaintiff Deadline in Hut 8 Corp. (HUT) Class Action – Nationally Ranked Investors’ Rights Firm Encourages Investors With Significant Losses to Contact the Firm

Retrieved on: 
Wednesday, March 27, 2024

ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT).

Key Points: 
  • ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Hut 8 Corp. (“Hut 8” or the “Company”) (NASDAQ: HUT).
  • The deadline to ask the court to be appointed lead plaintiff in the case is April 8, 2024.
  • Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation.
  • Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

Hut 8 Corp. Class Action: The Gross Law Firm Reminds Hut 8 Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 8, 2024 – HUT

Retrieved on: 
Wednesday, March 27, 2024

NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Hut 8 Corp. (NASDAQ: HUT).

Key Points: 
  • NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Hut 8 Corp. (NASDAQ: HUT).
  • Shareholders who purchased shares of HUT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
  • DEADLINE: April 8, 2024 Shareholders should not delay in registering for this class action.
  • The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

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

Retrieved on: 
Wednesday, March 27, 2024

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • Additional information about each case can be found at the link provided.
  • 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”).
  • For more information on the Innoviz class action go to: https://bespc.com/cases/INVZ

Tidal and Hashdex Announce Trading of U.S. Spot Bitcoin ETF

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).
  • Tidal ETF Services LLC serves as the Fund’s Administrator and BitGo serves as its Bitcoin Custodian.
  • The completed conversion of the Fund to a spot bitcoin ETF allows investors to gain exposure to spot pricing through an established product.
  • “We chose to partner with Hashdex on the Hashdex Bitcoin ETF because we knew that the firm’s extensive experience in the space would ensure that we custom-built an investor-friendly product that can offer benefits that otherwise may be unavailable when trading bitcoin directly in unregulated markets,” said Mike Venuto, CIO and Co-Founder of Tidal.

Reject anxiety, utilize TrendX wisely, and position yourself as smart money

Retrieved on: 
Tuesday, March 26, 2024

This article explores the strategic value of tools like TrendX, especially designed for these market conditions.

Key Points: 
  • This article explores the strategic value of tools like TrendX, especially designed for these market conditions.
  • TrendX excels in market analysis, tracking a vast array of projects, Twitter influencers, and smart money movements.
  • Harnessing Strategy Tools and AI:
    The integration of smart money tracking with sentiment analysis forms the backbone of TrendX’s AlphaSquare.
  • These strategies range from general investment approaches to more nuanced analyses combining smart money movements and KOL insights.

BlockQuarry Announces Executive Team Changes and Provides Operational and Financial Outlook Update

Retrieved on: 
Tuesday, March 26, 2024

The Company has also provided an updated outlook on its operations and financial performance.

Key Points: 
  • The Company has also provided an updated outlook on its operations and financial performance.
  • The company will continue to work directly with the engineering team in Missouri to expand its self-mining operations.
  • Alonzo Pierce will oversee public company operations, while the engineering team will manage day-to-day bitcoin mining activities.
  • These key factors will have a direct positive impact on the operational and financial outlook of BlockQuarry, and will allow the Company to create consistent value to its shareholders at a much more rapid rate.