| American Bitcoin to go public via merger with Gryphon Digital Mining |
American Bitcoin, a Bitcoin mining company launched earlier this year by Hut 8 Mining Corp (TSX:HUT) and backed by Donald Trump's sons Eric Trump and Donald Trump Jr, will go public via a stock-for-stock merger with Gryphon Digital Mining. Shares of Gryphon added 170% in the early afternoon on Monday. |
proactiveinvestors.com |
2025-05-12 16:25:13 |
Czytaj oryginał (ang.) |
| Hut 8 Subsidiary American Bitcoin Announces Go-Public Transaction |
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”) pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bitcoin board of directors, including Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim, and management team, including Mike Ho, Matt Prusak, and Eric Trump. |
globenewswire.com |
2025-05-12 10:30:00 |
Czytaj oryginał (ang.) |
| Hut 8 Q1 Earnings: A $1B Bitcoin Stash And A Capital-Light Future |
Hut 8 Corp. missed consensus revenue estimates but beat EPS estimates, reporting $21.8 million in revenue and a $134.3 million net loss due to Bitcoin value changes. The creation of American Bitcoin allows HUT to decouple mining investments, reducing capital burden and potentially increasing margins through a capital-light structure. HUT's 1.34x Hodl multiple is fairly valued, with 75% of its market cap backed by Bitcoin holdings, indicating a strong BTC-backed risk-reward profile. |
seekingalpha.com |
2025-05-09 18:52:23 |
Czytaj oryginał (ang.) |
| 'UP, UP AND AWAY': Crypto soars after Trump's UK trade deal |
'The Big Money Show' panel discusses the impact of President Donald Trump's U.K. trade deal on cryptocurrency. |
youtube.com |
2025-05-08 19:45:00 |
Czytaj oryginał (ang.) |
| Hut 8 Corp. (HUT) Q1 2025 Earnings Call Transcript |
Hut 8 Corp. (NASDAQ:HUT ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Sue Ennis - Head, Investment Relations Asher Genoot - Chief Executive Officer Sean Glennan - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallam Paul Golding - Macquarie John Todaro - Needham Patrick Moley - Piper Sandler Brett Knoblauch - Cantor Fitzgerald Bill Papanastasiou - KBW Mike Grondahl - Northland Brian Dobson - Clear Street Stephen Glagola - Jones Trading Operator Good day. Thank you for standing by. |
seekingalpha.com |
2025-05-08 15:11:08 |
Czytaj oryginał (ang.) |
| Hut 8 Reports First Quarter 2025 Results |
ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8's evolution as an integrated energy infrastructure platform Earnings Release Highlights Revenue of $21.8 million, net loss of $134.3 million, and Adjusted EBITDA of ($117.7) million. Total energy capacity under management of 1,020 megawatts (“MW”) as of March 31, 2025. |
globenewswire.com |
2025-05-08 10:30:00 |
Czytaj oryginał (ang.) |
| HUT Set to Report Q1 Earnings: What's in Store for the Stock? |
Hut's first-quarter 2025 performance is expected to have benefited from digital infrastructure growth, power asset monetization, and diversification into AI and HPC markets. |
zacks.com |
2025-05-06 15:30:28 |
Czytaj oryginał (ang.) |
| Buy the Dip: Top Tech Stocks Analysts Say Are Undervalued |
It has been a rough start to the year for the tech sector, as companies have been hit hard by tariffs, trade tensions with China that have axed the flow of essential rare earth metals to the United States, and more. The benchmark Technology Select Sector SPDR Fund NYSEARCA: XLK, a broad proxy for the entire sector, has plunged by about 10% year-to-date (YTD) while the S&P 500 has fallen by only 5% overall during the same period. |
marketbeat.com |
2025-05-03 11:34:51 |
Czytaj oryginał (ang.) |
| Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining |
Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIOT, TeraWulf Inc WULF and Hut 8 Corp HUT — seriously lagged. |
benzinga.com |
2025-05-01 16:19:42 |
Czytaj oryginał (ang.) |
| Hut 8 Schedules First Quarter 2025 Earnings Release and Conference Call |
MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced it will release financial results for the first quarter of 2025 before the market opens on May 8, 2025. The Company will host a conference call and webcast to review the results on the same day at 8:30 a.m. |
globenewswire.com |
2025-04-10 21:30:00 |
Czytaj oryginał (ang.) |
| PIZZA HUT® CREATES A FIRST-OF-ITS-KIND INNOVATION: "PIZZA CAVIAR" |
Pizza Hut Flips the Caviar Trend on its Head with a Bold New Creation – a savory Pepperoni-Flavored "Caviar" – Served in the Exclusive New Pizza Caviar Bump Box PLANO, Texas , April 9, 2025 /PRNewswire/ -- Pizza Hut is putting an indulgent twist on the caviar craze sweeping foodie culture with the launch of "Pizza Caviar"* – a first-of-its-kind innovation that transforms the fine dining trend into something completely unexpected. Caviar has been elevating some of the world's most beloved comfort foods with the unexpected hi-low pairings popping up in upscale restaurants and gracing social feeds across the country. |
prnewswire.com |
2025-04-09 10:02:00 |
Czytaj oryginał (ang.) |
| Hut 8 Operations Update for March 2025 |
102% increase in deployed hashrate from an average of 4.6 EH/s in February 2025 to 9.3 EH/s as of the end of March 2025 31% improvement in fleet efficiency from an average of 29.3 J/TH in February 2025 to 20.1 J/TH as of the end of March 2025 Launch of American Bitcoin in partnership with Eric Trump MIAMI, April 04, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today released its operations update for March 2025. “This month, we achieved strong alignment between operational momentum and long-term strategic direction,” said Asher Genoot, CEO of Hut 8. |
globenewswire.com |
2025-04-04 21:30:00 |
Czytaj oryginał (ang.) |
| Bitcoin Price: Here’s Why It’s Rising 2% Today |
The bitcoin price is up 2% today at it gets closer to reclaiming the $87,000 level. The broader cryptocurrency market is following bitcoin’s lead, with digital assets like ether, Tether and XRP also making gains. Bitcoin’s gains come on a day when the stock market is under pressure due to tariff uncertainty. In the cryptocurrency market, positive sentiment could be the result of stablecoin issue Circle revealing its IPO plans as it sets its sights on the publicly traded markets. There are also signs of greater mainstream adoption of bitcoin that could finally be starting to show up in the BTC price. Key Points Bitcoin is the tide lifting crypto boats higher today. There are a few positive catalysts, including signs of greater mainstream adoption. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here here.(Sponsor) Mainstream Adoption Investment firm Fidelity, which is a household name, is reportedly making it easier for Americans to include bitcoin in their retirement portfolios. According to Bitcoin Magazine, Fidelity has introduced a zero-fee retirement plan that makes it easy for savers to invest in bitcoin, drawing cheers from the cryptocurrency community. Investors already have the option to buy bitcoin for their 401(k) plans, where it is supposed to provide diversification from other asset classes like equities and fixed income. Separately, crypto asset manager Grayscale has just introduced two new bitcoin ETFs with a strategy around systematic covered call writing. Also, President Trump’s sons Don Jr. and Eric are venturing into bitcoin mining. According to a report in The Wall Street Journal, their company American Data Centers will combine with American Bitcoin, a BTC mining farm owned by Hut 8 (Nasdaq: HUT). The companies are looking to become the biggest crypto miner on the planet while also building their own bitcoin reserve. Crypto hedge fund Pantera Capital in a letter to investors said that the BTC price is not factoring in recent positive catalysts, suggesting the bitcoin price should be hovering near $120,000 at least. The firm pointed to catalysts like a pro-bitcoin president, a strategic bitcoin reserve and favorable legal outcomes around companies like Coinbase (Nasdaq: COIN) that should be powering the bitcoin price ahead. Now What? The bitcoin price is still a far cry from its all-time high of just over $109,000 and is hovering about 20% below that level. Nevertheless, bitcoin bulls appear to be encouraged by signs of further mainstream adoption, including greater opportunities for future retirees to bet on bitcoin and the Trump family’s BTC investments. Whether it’s enough momentum for the bitcoin price to string together a winning streak remains to be seen, but for today crypto investors will take it. The post Bitcoin Price: Here’s Why It’s Rising 2% Today appeared first on 24/7 Wall St.. |
https://247wallst.com |
2025-04-03 15:35:11 |
Czytaj oryginał (ang.) |
| Hut 8: The New JV Is Ho-Hum, But The Stock Looks Cheap |
Hut 8 Corp.'s new venture with Eric Trump aims to boost its Bitcoin mining capacity. The stock is near a potential bottom, with positive divergences on momentum indicators, but confirmation requires breaking above the 20-day EMA. Bitcoin's performance is crucial for Hut 8's bull case, though current market conditions are risk-off, creating risk to the stock. |
seekingalpha.com |
2025-04-03 12:29:48 |
Czytaj oryginał (ang.) |
| Eric Trump, Hut 8 CEO outline partnership to launch new bitcoin mining company: CNBC Crypto World |
On today's show, bitcoin climbs to the $85,000 level to kick off April while notching back-to-back monthly losses in March. And, crypto investor Chun Wang blasts off into space in the first human spaceflight mission to fly over the Earth's polar regions. |
youtube.com |
2025-04-01 19:54:24 |
Czytaj oryginał (ang.) |
| Hut 8 and Eric Trump Launch American Bitcoin to Set a New Standard in Bitcoin Mining |
American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reserve Path to 50+ EH/s at average fleet efficiency of |
globenewswire.com |
2025-03-31 09:15:00 |
Czytaj oryginał (ang.) |
| PIZZA HUT® LAUNCHES NEW TV SPOT AND BRAND CAMPAIGN FEATURING "PETER ZAHUT" - THE ULTIMATE DELIVERY GUY WHO BRINGS THE GOOD TIMES - ALONGSIDE CHEESY BITES PIZZA & NEW RANCH LOVER'S FLIGHT |
Spot Debuts Alongside Latest Culinary Innovation with Signature Pizza Hut Flavors Designed to Dip and Dunk Just in Time for March Madness® PLANO, Texas , March 26, 2025 /PRNewswire/ -- Some people bring the party. Others bring the pizza. |
prnewswire.com |
2025-03-26 08:02:00 |
Czytaj oryginał (ang.) |
| 3 Crypto Stocks Traders Should Keep on Their Radar |
President Donald Trump's plans to create a strategic crypto reserve generated sector tailwinds earlier this month. |
schaeffersresearch.com |
2025-03-19 16:48:49 |
Czytaj oryginał (ang.) |
| PIZZA HUT INTRODUCES HUTTY - YOUR SECOND-SCREEN BUDDY FOR COLLEGE BASKETBALL, BRINGING FANS TOGETHER WITH HOOPS INSIGHTS AND EXCLUSIVE REWARDS |
Pizza Hut's Digital-Led Experience Enhances Game Time, Turning Solo Viewing into a Shared, Interactive Event PLANO, Texas , March 19, 2025 /PRNewswire/ -- Pizza Hut has always been a go-to for bringing people together over great food and good times. Now, as the Official and Only Pizza Sponsor of college basketball's biggest tournament, the brand is extending that role into the digital space with Hutty – a second-screen companion designed to enhance every game, keep fans connected, and serve up rewards all tournament long. |
prnewswire.com |
2025-03-19 09:02:00 |
Czytaj oryginał (ang.) |
| Hut 8: Paper Gains Mask A Brutal 2024 |
Four months ago, I recommended holding off on Hut 8 due to its inflated valuation despite a decent Q3 report. More recently, HUT 8 was able to grow total revenue by 69% for the full year 2024. Gross margins improved, but the company still lost money during the year. The reported $338 million in positive net income for 2024 was entirely due to a $509 million unrealized gain in the company's Bitcoin holdings. |
seekingalpha.com |
2025-03-16 07:04:50 |
Czytaj oryginał (ang.) |