News Archives - Page 16 of 18 - BillionDollarClub

ThursdayOct 20, 2022 2:22 pm

BillionDollarBreaks – Tingo Inc. (TMNA) Enters Trade Agreement with Nigeria Ag/Commodities Umbrella Organization

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has signed a trade agreement with the All Farmers Association of Nigeria (“AFAN”). Tingo has signed a merger agreement to be acquired by MICT Inc. (NASDAQ: MICT); AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria. According to the agreement, AFAN will add a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s current 9.3 million customer base. For its part, Tingo will provide an array of value-added products and services, including Tingo-branded smartphones, access to the Nwassa agri-fintech marketplace platform and…

TuesdayOct 11, 2022 12:39 pm

BillionDollarBreaks – Coinbase Global Inc. (NASDAQ: COIN) Schedules Release of Q3 2022 Financial Results

Coinbase Global (NASDAQ: COIN) plans to publish its third-quarter 2022 shareholder letter, which will include financial results, on Nov. 3, 2022. The letter will go live after market close and will be available on the company’s investor relations website. In addition, the company announced plans to host a webcast, slated for 2:30 p.m. PT on the same day, after it releases the report. The webcast will include a discussion of the report and will feature a Q&A session. The company invites shareholders to submit questions for the event beginning on Oct. 27, 2022; questions can be submitted until 24 hours…

FridayOct 07, 2022 11:37 am

BillionDollarBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Enter Merger Agreement for Acquisition

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, and MICT Inc. (NASDAQ: MICT), have signed a merger agreement outlining plans for MICT to acquire 100% of the operating business and assets of Tingo. According to the announcement, the new merger with the accompanying MICT funding should expedite the launch of Tingo’s food-produce export business; existing high-margin and material export contracts will allow a substantial portion of Tingo’s revenues to shift directly into U.S. dollars. In an amendment, the two companies accelerated and restated the original agreement and merger plan. The transaction will also support the acceleration of the development and…

ThursdayOct 06, 2022 2:46 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports September 2022 Bitcoin Production, Mining Operation Numbers

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, has released unaudited Bitcoin (“BTC”) production and miner installation updates for September 2022. According to the announcement, Marathon produced 360 BTC in September 2022, with a total of 616 BTC in Q3 2022. In addition, the company noted that total Bitcoin Holdings reached 10,670 BTC, which represents a fair market value of $207.3 million. Looking forward, the company observed that current operations at its King Mountain wind farm are in line with expectations. The announcement also noted that the King Mountain facility is hosted by Compute North,…

MondaySep 19, 2022 3:00 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Secures 276MW Contracted Capacity of New Ellendale, North Dakota-Based Facility

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, in conjunction with Applied Blockchain Inc. (NASDAQ: APLD), a designer, builder and operator of next-generation datacenters, executed the option for an additional 70MW of hosting at Applied Blockchain’s new facility located in Ellendale, North Dakota. Applied Blockchain today announced the Sept. 8 groundbreaking of the facility, and the mutually executed option brings contracted capacity with Marathon to 276MW and total contracted hosting for APLD to nearly 500MW. “The community of Ellendale and representatives of North Dakota have been amazing to work with as we bring this…

FridaySep 16, 2022 10:47 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Large-Scale Coherence

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, has published a peer-reviewed milestone study of the first large-scale demonstration of coherent quantum annealing. For the first time, the research exhibits dynamics of a quantum phase transition in a large-scale programmable quantum annealing processor using up to 2000 qubits in a D-Wave processor. The announcement reads, “The paper---a collaboration between scientists from D-Wave, the University of Southern California, the Tokyo Institute of Technology, and Saitama Medical University---entitled ‘Coherent quantum annealing in a programmable 2000-qubit Ising chain,’ was published in the peer-reviewed journal Nature Physics today and is…

TuesdaySep 13, 2022 1:14 pm

BillionDollarBreaks – D-Wave Quantum Inc.’s (NYSE: QBTS) Trailblazing Efforts in Quantum Market Featured in Bell2Bell Podcast

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, was featured in the Bell2Bell Podcast, a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Dr. Alan Baratz, CEO of D-Wave, joined the latest episode to introduce D-Wave and discuss its position as a trailblazer in quantum computing. “D-Wave is the first and only commercial quantum computing company. While everybody else in the quantum space is talking about government research grants as revenue, and national labs and academic institutions as customers, we talk about companies like Mastercard, PayPal, Johnson & Johnson,…

WednesdaySep 07, 2022 2:47 pm

BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces August BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for August 2022. “In August, we continued to install and energize miners with our hosting providers, increasing our hash rate and steadily improving our bitcoin production,” said Fred Thiel, Marathon’s chairman and CEO. “Our hosting providers have continued to install miners at multiple locations. Based on their latest reports, we expect to have approximately 65,000 additional miners, or approximately 6.9 exahashes per second of capacity, brought online at multiple facilities over the next 90 days. With…

TuesdayAug 23, 2022 11:02 am

BillionDollarBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of 166.8%. In addition, Tingo’s Q2 2022 gross profit amounted to $164.2 million, an increase of 208.6% versus Q2 2021 gross profit of $53.2 million. “We are again pleased to announce a strong operating performance for the second quarter of 2022, building on a strong first…

TuesdayAug 16, 2022 3:11 pm

BillionDollarBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Q2 2022 Results, Operational and Financial Highlights

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended June 30, 2022. “We are extremely encouraged by Riot’s financial resilience and operational achievements this quarter,” said Jason Les, CEO of Riot. “We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building and the successful transition of all miners, which were previously hosted by Coinmint, to our Whinstone Facility, which will further reduce our operating costs. Going forward, we will continue to focus on executional excellence as…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000

Breaks Categories: News