Bitcoin

TeraWulf Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Financial management, Growth, HPC, Nautilus, GAAP, Revenue, Miner, Artificial intelligence, Mining, Cryptocurrency

EASTON, Md., March 19, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more than 95% zero-carbon energy, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Non-GAAP adjusted EBITDA increased by $64.9 million to $30.7 million in 2023, as compared to $(34.2) million in fiscal 2022.
  • Reported cash and cash equivalents of $54.4 million as of December 31, 2023, as compared to $1.3 million at fiscal year-end 2022.
  • Net debt¹ at fiscal year-end 2023 declined 41% to $84.9 million, as compared to $144.7 million at fiscal year-end 2022.
  • As previously announced, TeraWulf will host its fourth quarter and full year 2023 earnings call and business update for investors today, Tuesday, March 19, 2024, commencing at 5:00 p.m. Eastern Time (3:00 p.m. Pacific Time).

Bullet Blockchain Deploys an Additional 10 Licensed Bitcoin ATMs

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Software as a service, Patent, Bullet, Bitcoin ATM, Web 3.0, OTC, Station Casinos, Cryptocurrency

RENO, NV, March 19, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Bullet Blockchain, Inc. (“BULT” or the “Company”), (OTC: BULT), a pioneering software development and SaaS company at the forefront of blockchain technologies and Web 3.0, proudly announces the successful deployment of an additional 10 licensed Bitcoin ATMs across the State of Georgia as part of the Company’s planned deployment in the peach state.

Key Points: 
  • With the addition of these 10 Bitcoin ATMs, BULT has now satisfied the majority of its initial phase of deployment of Bitcoin ATMs in Atlanta, increasing the Company’s revenue potential and visibility in the Georgia marketplace while extending its cryptocurrency offerings and improving accessibility of digital assets for the Georgia residents through licensed Bitcoin ATMs.
  • Additionally, Bullet is pleased to announce that the Company has retained the services of Bryan Lindsey to serve as the Global Strategist for Bullet Blockchain.
  • Mr. Lindsey emphasized, “I am excited to work with the Bullet Blockchain team and I can envision significant business opportunities over many different verticals, especially with the patents Bullet Blockchain currently holds in its portfolio.
  • The Company will continue to pursue unlicensed Bitcoin ATM operators and manufacturers violating the Company’s Bitcoin ATM intellectual property portfolio.

ONGOING DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Hut 8

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Research, Bankruptcy, News, LLP, Data mining, Hut 8, Advertising, Court, Mergers and acquisitions, Cryptocurrency

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).

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

Retrieved on: 
Tuesday, March 19, 2024
Bitcoin, Research, Bankruptcy, Patient, Defendant, News, Data mining, Rett syndrome, Hut 8, P.C, Clinical trial, MCI, Radar, Mergers and acquisitions, Cryptocurrency

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 Anavex class action go to: https://bespc.com/cases/AVXL

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

Retrieved on: 
Monday, March 18, 2024
Titan, Bitcoin, Mining, Class, Hut 8, Advertising, Court

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.

Investview to Expand into the Securities Brokerage Business - Completes the Acquisition of Broker-Dealer, “Opencash Securities, LLC”. - Updated

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Growth, Research, DIY, Acquisition, OTCQB

(“Opencash”), an early-stage registered broker-dealer that plans to offer investors an online platform to enable self-directed retail brokerage and other related services.

Key Points: 
  • (“Opencash”), an early-stage registered broker-dealer that plans to offer investors an online platform to enable self-directed retail brokerage and other related services.
  • In addition, the acquisition establishes a path for Investview to integrate the OpenCash investment platform application with the proprietary algorithmic trading platform it acquired in September 2021.
  • Victor Oviedo, Chief Executive Officer of Investview commented, "We are pleased to announce the acquisition of Opencash.
  • Even though Opencash is currently in an early-stage mode, the acquisition is significant to us from a strategic perspective.

TIMC-driven Modular Blockchain - Axiomesh: Dedicated to Building a New Paradigm of 'Mass Commercial Adoption'

Retrieved on: 
Monday, March 18, 2024
Ethereum, Bitcoin, Punishment, Reward, TIMC, Growth, Communication, Trust (social science), Blockchain, Communication protocol, Ecosystem, Commerce, Privacy, AXC, Cryptocurrency

This development is a significant leap forward in integrating blockchain into a wide range of commercial applications within the Web3 domain.

Key Points: 
  • This development is a significant leap forward in integrating blockchain into a wide range of commercial applications within the Web3 domain.
  • This approach ensures the provision of customized blockchain solutions, effectively aligning blockchain functionalities with the specific demands of different industrial sectors.
  • These challenges encompass high barriers to user entry, insufficient privacy protection for users, and scalability constraints within public blockchain networks.
  • With the expansion of Axiomesh's commercial application suite, the variety and potential worth of these assets are expected to increase.

Introducing $EGGY - unique meme token with $BTC rewards

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Knowledge, Marketing, UTC, BTC, Cryptocurrency

It’s a revolutionary concept that combines the power of meme culture with the stability and growth potential of Bitcoin.

Key Points: 
  • It’s a revolutionary concept that combines the power of meme culture with the stability and growth potential of Bitcoin.
  • With every transaction, holders of $EGGY receive reflections in Bitcoin directly into their wallets, making it a unique and lucrative investment opportunity.
  • Reflections it’s a mechanism where holders of $EGGY token receive a portion of Bitcoin (BTC) as rewards based on their holdings of the token.
  • Holders of the $EGGY can benefit from exposure to both the volatile meme token market and the more established and stable Bitcoin market, diversifying their cryptocurrency portfolio.

Nano Labs Announces Second Half of 2023 Financial Results

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Metaverse, Research, PIN, ETF, RMB, DIY, Policy, AI, ZK, Athlete, Translation, IP, Optimism, Marketing, Advertising, IPS, Cryptocurrency

Gross loss was RMB40.6 million (US$5.7 million) for the second half of 2023, compared to a gross profit of RMB53.8 million in the same period of 2022.

Key Points: 
  • Gross loss was RMB40.6 million (US$5.7 million) for the second half of 2023, compared to a gross profit of RMB53.8 million in the same period of 2022.
  • Net loss was RMB120.0 million (US$16.9 million) for the second half of 2023, compared to a net loss of RMB80.3 million in the same period of 2022.
  • Cost of revenues was RMB66.6 million (US$9.4 million) for the second half of 2023, compared to RMB549.2 million for the same period of 2022.
  • Net loss was RMB120.0 million (US$16.9 million) for the second half of 2023, compared with RMB80.3 million in the same period of 2022.

Investview to Expand into the Securities Brokerage Business - Completes the Acquisition of Broker-Dealer, “Opencash Securities, LLC”.

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Growth, Research, DIY, Acquisition, OTCQB

(“Opencash”), an early-stage registered broker-dealer that plans to offer investors an online platform to enable self-directed retail brokerage and other related services.

Key Points: 
  • (“Opencash”), an early-stage registered broker-dealer that plans to offer investors an online platform to enable self-directed retail brokerage and other related services.
  • In addition, the acquisition establishes a path for Investview to integrate the OpenCash investment platform application with the proprietary algorithmic trading platform it acquired in September 2021.
  • Victor Oviedo, Chief Executive Officer of Investview commented, "We are pleased to announce the acquisition of Opencash.
  • Even though Opencash is currently in an early-stage mode, the acquisition is significant to us from a strategic perspective.