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News
How a public crypto firm's 4.3% AI gain hides millions in balance sheet losses
4+ week, 2+ day ago (454+ words) SRX's Form 10-Q shows that its company-wide digital-asset balance began the quarter at $8.333 million...consisted of a $3.201 million operating loss and $939,000 of net other expense, which included the digital-asset...hypothetical model result over 14 days, while $1.410 million is the…...
Alkemya Metacore Secures $50M via Tokenised Equity to Scale Nickel Energy and Security Tech
1+ week, 5+ day ago (411+ words) partnership based in Luxembourg, which is registered as an Issuer with CNAD (National Commission of Digital...Assets) in El Salvador....The Token affords investors a combination of an asset-backed investment and a thematic play on energy...trajectory but also…...
A $22.9 million capital deficit threatens to derail an energy firm's pivot to off-grid Bitcoin mining
3+ week, 2+ day ago (701+ words) Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May....Olenox had $3.40 million of total current assets at June 30, leaving a working-capital deficit of about...Olenox paid preliminary upfront consideration of $30 million for CS Digital…...
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
3+ week, 1+ hour ago (432+ words) Nasdaq-listed Digital Currency X Technology Inc. is asking shareholders to approve a 160-for-1 reverse...Digital Currency X recently shifted from electric-vehicle manufacturing into the digital asset sector...
This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal
3+ week, 5+ day ago (609+ words) Cypherpunk held 323,394.38 ZEC as of Aug. 11, roughly 2% of the digital asset's circulating supply, and...
Crypto miner warns of potential bankruptcy as unclosed financing leaves $33 million in maturing debt exposed
3+ week, 6+ day ago (408+ words) In addition, it held $6.027 million of digital assets, or $9.2 million combined, compared with $33.138...
Bitcoin miner Ionic gets 90% of revenue from AI lease as BTC drives $35M loss
3+ week, 3+ day ago (626+ words) AI infrastructure leasing supplied nearly all of Ionic Digital's Q2 revenue, while a $28.2 million Bitcoin...Ionic Digital, a Bitcoin miner repositioning its power sites for AI infrastructure, generated 90% of...Deferred digital infrastructure leasing revenue fell by $39.8 million during the first half,…...
After selling all its Bitcoin to pay off debt, AI firm tries to rebuild $827 million treasury from scratch
2+ week, 2+ day ago (558+ words) Genius Group, an AI-powered education company that previously used Bitcoin as a treasury asset, has proposed...year-end filing showed $2.42 million of cash, while an August update reported unaudited June net assets...
Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss
4+ day, 23+ hour ago (481+ words) Another 698.5 BTC sat in its cryptocurrency assets category....recorded as cryptocurrency receivables worth $70.9 million at June 30, separately from cryptocurrency assets...
CleanCore stock offering lifts share count above 502 million
3+ week, 23+ min ago (669+ words) 226,260,684 to 502,090,260, with proceeds tied to its shift from cleaning products and Dogecoin treasury assets...