Billion Dollar Archives - Page 2 of 2

Wednesday Dec 14, 2022 - 10:24 am

InvestorNewsBreaks – MICT Inc.’s (NASDAQ: MICT) Subsidiary Establishes Strategic Presence in Malawi and East Africa

MICT (NASDAQ: MICT) announced that, together with its wholly owned subsidiary Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), has today launched in Malawi, as it establishes a strategic presence in East Africa and accelerates its pan-African rollout. Having already achieved a substantial user base in West Africa, Tingo Mobile’s move into Malawi is an important development due to its sizeable target market for…

Monday Dec 12, 2022 - 12:24 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with DMCC to Unveil Global Commodity Platform and Export Business

Tingo (OTC: TMNA), a leading agri-fintech business in Africa and a wholly owned subsidiary of MICT Inc. (NASDAQ: MICT), has partnered with the Dubai Multi Commodities Centre to launch a global commodity platform and export business. According to the announcement, Tingo Mobile’s strong relationships and trade deals with numerous Nigerian and Ghanian farming cooperatives and associations provides the group with access to substantial quantities of agricultural…

Wednesday Dec 07, 2022 - 10:08 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Reports Numbers for November 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 November 2022. According to the announcement, the company produced 472 Bitcoin during the month, bringing the total to date for the quarter to 1,087. In addition, the company reported that, as of Nov. 30, 2022, it had increased its unrestricted cash…

Thursday Dec 01, 2022 - 12:53 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an…

Wednesday Nov 30, 2022 - 9:50 am

InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Issues Update on Acquisition of Tingo Inc. (TMNA)

MICT (NASDAQ: MICT) previously announced that it is scheduled to complete the acquisition of the operating business and assets of Tingo (OTC: TMNA) by Nov. 30, 2022. This will be achieved through the acquisition of 100% of Tingo’s sole operating subsidiary, Tingo Mobile Limited. In return, MICT is issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B…

Wednesday Nov 16, 2022 - 1:36 pm

InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Announce Tingo Mobile PLC’s Launch of Key Partnerships

Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that Tingo Mobile, which is being wholly acquired by MICT with a scheduled completion date of Nov. 30, 2022, has launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently disclosed trade deal with Tingo Mobile, AFAN has committed to deliver a minimum of 20 million additional subscribers, which…

Monday Nov 14, 2022 - 3:16 pm

InvestorNewsBreaks – Canaan Inc. (NASDAQ: CAN) Releases Q3 2022 Financial Report

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, is reporting its unaudited financial and operating results for the three-month period ended Sept. 30, 2022. Numbers of note from the report include computing power sold during the quarter totaling 3.5 million Thash/s, a 37.1% decrease from Q2 2022 and a 48.5% from 6.7 million Thash/s in the same period of 2021. CAN revenues reached $137.5 million, a decrease…

Monday Nov 14, 2022 - 12:45 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Strong Q3 2022 Results, Positioned for Continued Growth and Acceleration of Expansion Strategy

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 nine months ended Sept. 30, 2022. Among the highlights, the company reported growth in its Nwassa agri-fintech business that has driven increases of 64.8 % in revenues and 53.9 % in operating profit as compared to Q3 2021. In…

Thursday Nov 10, 2022 - 10:23 am

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti,…

Wednesday Nov 09, 2022 - 1:46 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end of this month. Once the merger is finalized, MICT will…

Monday Nov 07, 2022 - 11:55 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3-2022 Results, Continued Strengthening of Leading Position in Uranium, Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR) announced its financial results for the quarter ended Sept. 30, 2022. Among the highlights, the company reported a robust balance sheet with $122.3 million of working capital as of Sept. 30, 2022, including $77.1 million of cash and cash equivalents, $11.6 million of marketable securities, $27.3 million of inventory, and no short-term (or long-term) debt. The company’s product…

Friday Oct 21, 2022 - 11:58 am

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Now Available in AWS Marketplace

D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only quantum computing company building both annealing and gate-model quantum computers, has launched in AWS Marketplace. The first and only pure-play quantum computing company with offerings available in AWS Marketplace, D-Wave’s offerings will include the Leap(TM) quantum cloud service, which offers real-time access to D-Wave’s state-of-the-art quantum computers as…

Thursday Oct 20, 2022 - 1:51 pm

InvestorNewsBreaks – 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…

Monday Oct 10, 2022 - 9:49 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Initiates Safety Evaluation Study of Its Novel Time-Released Ketamine Formulation

Silo Pharma (NASDAQ: SILO) is a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research. The company today announced that it has initiated a preclinical toxicity study of its novel time-released, dosage controlled formulation of ketamine, designated as SP-26, for the treatment of fibromyalgia. “We are working closely with our joint venture partner Zylö Therapeutics in developing a topical sustained released ketamine…

Friday Oct 07, 2022 - 11:01 am

InvestorNewsBreaks – 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…

Thursday Oct 06, 2022 - 2:41 pm

InvestorNewsBreaks – 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…

Monday Sep 19, 2022 - 2:55 pm

InvestorNewsBreaks – 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…

Friday Sep 16, 2022 - 9:37 am

InvestorNewsBreaks – 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…

Tuesday Sep 13, 2022 - 1:04 pm

InvestorNewsBreaks – 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…

Thursday Sep 08, 2022 - 1:29 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Heralding Next Wave of Computing’

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services. Positioned as the only company building both quantum annealing and gate-based quantum computers, D-Wave is committed to delivering customer value through practical applications for complex problems. “D-Wave’s quantum computers use qubits, representing many values between zero and one, as well as zero and one simultaneously. Classical computers can only process set values…

Wednesday Sep 07, 2022 - 2:43 pm

InvestorNewsBreaks – 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…

Tuesday Aug 30, 2022 - 1:15 pm

InvestorNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Helping Companies Across Various Sectors Implement Quantum Computing Solutions

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the only company building both quantum annealing and gate-based quantum computers, has expanded its portfolio with a growing stream of customers. Through an innovative new program, D-Wave is helping companies from a variety of industries, including manufacturing and logistics, financial services and life sciences, as they show increasing interest in evaluating the…

Friday Aug 26, 2022 - 2:02 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) on Target to Own, Control ‘the Elements’ to Supply EV, Renewable Energy, Other Technology Manufacturers

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently entered into binding agreements to acquire 17 mineral concessions in Brazil. A recent article reads: “The acquisitions, located in the state of Bahia and total approximately 58 square miles, have the potential to provide UUUU’s White Mesa Mill with large quantities of rare-earth-element and uranium-bearing natural monazite sand for decades. “This is another very significant step in…

Tuesday Aug 23, 2022 - 10:49 am

InvestorNewsBreaks – 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…

Wednesday Aug 17, 2022 - 2:20 pm

InvestorNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) White Mesa Mill ‘Meets Definition of Domestic Clean-Energy Infrastructure’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based producer of uranium and vanadium and an emerging producer of rare earth elements (“REE”) products. “After concerns surfaced about the impact a Utah uranium mill [Energy Fuel’s White Mesa Mill] might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is ‘no evidence that implies the tailings…

Tuesday Aug 16, 2022 - 2:03 pm

InvestorNewsBreaks – 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…

Monday Aug 08, 2022 - 9:51 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reports Second Quarter 2022 Results

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has filed its Q2 2022 financial results for the period ended June 30, 2022; the company also scheduled a webcast to discuss those results. The webcast is slated for Aug. 9, 2022, at 4 p.m. EDT. Highlights of the report show that Energy Fuels has a robust balance sheet with $134.1…

Wednesday Aug 03, 2022 - 11:57 am

InvestorNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Releases July 2022 Updates on Productions, Operations

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin mining and hosting, has released its July 2022 production and operations report. According to the report, during the month of July, Riot produced 318 BTC, a 28% decrease from the company’s July 2021 production of 443 BTC, and earned approximately $9.5 million in power credits as a result of curtailment activity; those power credits equate to…

Friday Jul 29, 2022 - 12:13 pm

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q2 2022 Earnings Conference Call

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the Bitcoin ecosystem, will be releasing its financial results on Monday, Aug. 8, and has scheduled an earnings call for that same day, to begin at 4:30 p.m. ET. The financial report will be released prior to the call and will be available on the company website, in the investor relations section. Financial results will…

Tuesday Jul 26, 2022 - 3:00 pm

InvestorNewsBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) File Form S-4 Merger Registration and Joint Proxy Statement

Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that they have filed a registration and joint proxy statement with the Securities and Exchange Commission (“SEC”) in connection with their anticipated merger. According to the update, the merger is expected to create a >$1.0 billion annualized revenue and highly profitable fintech and agri-fintech company serving the African and Asian markets with a global expansion strategy.…

Friday Jul 08, 2022 - 10:30 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues June 2022 Bitcoin 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 June 2022. Among the highlights, the company reportedly produced 707 BTC in Q2 2022, up 8% year-over-year from Q2 2021, and now holds 10,055 BTC directly. “In the second quarter, we continued to work through several operational obstacles as we…

Wednesday Jun 29, 2022 - 11:07 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues Update on Montana-Based Bitcoin Mining Operations

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has disclosed that, as a result of a storm that passed through Hardin, Montana, earlier this month, the company’s mining operations in the region are currently without power and likely to remain offline until the damaged power generating facility can be repaired. Based on the latest inspection reports, Marathon’s Montana-based miners…

Friday Jun 10, 2022 - 11:20 am

InvestorNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces May 2022 BTC Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), one of the largest enterprise bitcoin self-mining companies in North America, today published unaudited bitcoin (“BTC”) production and miner installation updates for May 2022. “Although we continue to install miners at the Texas facilities, we have experienced delays in energization as Compute North’s energy provider awaits federal agency confirmation of its exempt status for tax purposes based upon its arrangements…

Thursday May 19, 2022 - 12:53 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Agreement for Major Rare Earth Land Position in Brazil

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has signed binding agreements to secure an estimated 58.3 square-mile, heavy-mineral sand position. The agreements cover the acquisition of 17 mineral concessions located between Prado and Caravelas, towns in the state of Bahia, Brazil. Called the Bahia Project, the area has potential to feed the Energy Fuel’s White Mesa Mill…

Tuesday May 17, 2022 - 10:20 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all…

Friday Apr 29, 2022 - 3:17 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in REE Processing, Production Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company that is also moving faster than any other company to re-establish a domestic rare earth elements (“REE”) supply chain, appears set to benefit from growth of the global REE market. A recent Mordor Intelligence article is reporting that the sector has reached an estimated 161,354.65 tons this year, with an expected compound…

Wednesday Apr 27, 2022 - 2:08 pm

InvestorNewsBreaks – Tingo Inc. (TMNA) Driven to Provide Technology Solutions, Positive Social Impact

Tingo (OTC: TMNA) founder and CEO Dozy Mmobuosi has spearheaded the company’s growth from an upstart selling ringtones to mobile phone networks into a robust agri-fintech ecosystem, a cellular network catering to rural locations, a leading mobile payment application (TingoPay), a digital agri-marketplace branded Nwassa, and nearly 10 million users in Nigeria that undergird annual revenue of $860+ million. “The company is driven to provide…

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