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Latest from Aoyon Ashraf
BIT Mining’s Q4 Revenue to Fall Due to Its Mining Pool Exiting China
The crypto mining firm is working to mitigate the revenue lost during its migration out of China.
Bit Digital Migrates All Its Bitcoin Mining Out of China Amid Ban
The New York-based miner expects to increase its mining power to 2.6 EH/s by mid-2022.
Bitcoin Miner Iris Energy Upsizes Its IPO, Valuing Company at $1.5B
The Australian bitcoin miner expects to start trading on the Nasdaq Nov. 19 under the ticker symbol IREN.
Gryphon Digital Mining Delays Plan to Become Publicly Traded
The miner’s plan to execute a reverse merger with Nasdaq-listed data management firm Sphere 3D is now expected to take place in the first quarter of 2022.
Marathon Digital Sell-Off a Buying Opportunity, DA Davidson Analyst Says
The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates
The bitcoin miner reported a net loss in the quarter of 16 cents per share, while analysts were expecting a gain of 35 cents per share.
Hive Blockchain Posts Record Revenue in Q2 on Higher Crypto Prices
The crypto miner’s fiscal Q2 earnings per share rose 433% from the same quarter last year.
Stronghold Digital Outperforms Peers After DA Davidson Buy Rating
The investment bank initiated its coverage of the bitcoin mining company with a 12-month price target of $42.
Marathon Receives SEC Subpoena Related to 2020 Hardin Data Center Agreement; Shares Tumble
The bitcoin miner’s shares plummeted 27% on Monday, significantly underperforming other crypto miners.
Greenidge Generation Reports Record Revenue in Q3, Names New CFO
The bitcoin miner’s third-quarter revenue grew 484% year over year, and the company appointed Robert Loughran as its new chief financial officer.
