News list for " city company"
Canadian-listed company Sol Strategies (CSE: HODL) announced an update to the terms of its second private funding round, which will issue convertible bonds and target 2.50 million Canadian dollars. The company said that after the completion of this round of financing, the total private placement will reach 30 million Canadian dollars, and the proceeds will be used to increase SOL holdings and expand validator node operations.
On January 16th, according to Globenewswire, Canadian listed company Goodfood Market Corp. (TSX: FOOD) announced a strategic shift in its financial management. Goodfood is adopting bitcoin investments as a financial reserve asset, joining the global community of forward-thinking companies leveraging digital currencies. The company has completed an initial investment of about $1 million in bitcoin through a spot ETF and plans to strategically increase its holdings by investing a portion of its re...
Nasdaq-listed company Bitdeer released the latest unaudited mining and operation update report, which revealed that 145 BTC was mined in December 2024, a decrease from 150 BTC mining output in the previous month. In addition, Bitdeer also disclosed that it has fully repaid the outstanding principal balance of the senior secured notes issued to the seller when it announced the acquisition of TROLL HOUSING AS and TYDAL DATA CENTER AS 10 million USD.
On January 8th, US-listed company SUNation Energy, Inc. (Nasdaq: SUNE) announced that its board of directors has approved the inclusion of bitcoin as an asset in the company's money management plan. As part of this strategy, SUNation plans to use 30% of its excess cash to purchase BTC based on its projected six-month operating expenses. The allocation will depend on factors such as market conditions and the company's operational requirements, including an expansion strategy to support its plans....
Kontrol Technologies Corp., a publicly traded Canadian company, announced the addition of multiple urban clients (clients) following the completion of multiple successful RFPs (Request for Proposals). Kontrol won these opportunities by competing with larger organizations, and Kontrol will provide its sustainability solutions for multiple buildings in its client portfolio. Following the press release dated November 8, 2024, the company accelerated its strategy of Bitcoin on its balance sheet and ...
Nasdaq-listed Canaan Technology announced that its Singapore subsidiary, Canaan Creative Global Pte. Ltd., has signed a mining machine purchase agreement with AGM Group Holdings Inc. to initially provide 2,000 bitcoin mining machines, in addition to providing users with the option to purchase approximately 30,000 additional BTC mining machines.
According to Bitcoin Magazine, Nasdaq-listed company Nano Labs has increased its bitcoin holdings to 360 coins, worth $36 million.
Nasdaq-listed Worksport announced it would invest 10 per cent of its cash reserves in bitcoin and XRP, up to a maximum of $5 million. CEO Steven Rossi said the move was aimed at fighting inflation and making trading more efficient. More than a dozen companies have announced purchases of bitcoin since Trump's election, but Worksport's choice to deploy XRP at the same time is rare. Rossi, a long-time owner of XRP, believes XRP is gradually stabilising and emphasizes the importance of decentralized...
Canadian-listed company Bitcoin Well Inc. uses Bitcoin as a reserve asset and is raising $2 million to buy more BTC.
Canadian-listed company Bitcoin Well Inc. adopted Bitcoin as a reserve asset and raised $2 million to buy more BTC.
On November 26th, the Hong Kong Stock Exchange held the second HKEX China Talk in Shanghai. Chen Yiting, CEO of the Hong Kong Stock Exchange Group, said that for companies that have been listed on class A shares, if they meet certain conditions, they can enter the fast-track approval process when applying for listing on the Hong Kong Stock Exchange. On October 18 this year, the Hong Kong Stock Exchange and the Hong Kong Securities Supervision Commission jointly announced to further optimize the ...
Nasdaq-listed Nature's Miracle Holding Inc. announced the establishment of a wholly-owned subsidiary, NM Data Inc., which will mainly enter the field of development and acquisition of bitcoin mining facilities. It has signed an agreement with bitcoin mining company Future Tech to invest $3 million in it. It is reported that the initial investment of this transaction is 200,000 US dollars, and an additional 2.80 million US dollars will be paid within twelve months after the initial closing.
The board of directors of Nasdaq-listed Anixa Biosciences has approved the purchase of bitcoin as a reserve asset. The company also reaffirmed its ongoing share buyback program. CEO Amit Kumar said the decision on bitcoin is another approach to prudent financial management that can achieve higher shareholder value. It is reported that Anixa Biosciences is a biotechnology company focused on the treatment and prevention of cancer.
On November 19, Wu Qing, chairperson of the Securities Supervision Commission, said at the International Financial Leaders Investment Summit today that as of the end of October, class A share listed companies have announced interim cash dividends of 644.10 billion yuan, and 1360 new repurchase plans have been disclosed.
Nasdaq battery material supplier listed company Solidion Technolog announced the implementation of the Bitcoin enterprise financial strategy, intends to allocate its additional capital reserves to Bitcoin, the company said it plans to use 60% of the excess cash generated by the operation to purchase Bitcoin, and will convert the interest income of cash held in the money market account into Bitcoin, and also promised to raise funds to acquire more Bitcoin in the future, is expected to earmark a c...
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