Latest from Aoyon Ashraf
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.
Bitfarms Doubles Hashrate to More Than 2 EH/s
Bitcoin miner Bitfarms has received and installed 1,500 S19j Pro miners so far in November.
Marathon Digital to Raise $500M in Convertible Notes
The bitcoin miner will use the proceeds to buy bitcoin and bitcoin miners.
Chinese Crypto Miner The9 Expands in US With Compute North Deal
The company also plans to add 14,000 miners with other hosting partners in countries including Canada.
Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M
The bitcoin miner plans to run approximately 6,200 Bitmain S19j Pro miners in the new hydro-powered facility, with potential capacity of 620 PH/s mining power.
