Day: December 6, 2024

SYDNEY, Dec. 06, 2024 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly investor update for November 2024. Key HighlightsBitcoin Mining379 Bitcoin mined 2.96 c/kWh Childress electricity cost 28 EH/s installed capacity at month- end, up by 33% from 21 EH/s 50 EH/s accelerated to H1 2025AI / HPCNVIDIA H200 GPUs undergoing customer testing Advancing negotiations for other AI opportunities Installing liquid-cooling for Blackwell GPUs   Data Centers460MW operating at month-end, up by 28% from 360MW 810MW accelerated to H1 2025 1.4GW Sweetwater site energization in April 2026CorporateQ1 FY25 Results webcast, replay available here $440m convertible notes offering (upsized from $300m)Key Metrics Nov-24 Oct-24* Sep-24Bitcoin...

Accoat A/S, a 100% owned SP Group subsidiary, will close all production activities at the facility in Kvistgaard within the next 12 months. Phasing out the activities will entail minor one-off costs, the extent of which is still being assessed, and will be included in the budget for 2025. The one-off costs relate to the phase out of the production facilities, where certain activities may be transferred to other parts of the group, dismissal of employees etc. The decision is made after evaluations of how Accoat, not being a core activity, matches the future strategy for the entire SP Group. Furthermore, there is uncertainty associated with the future use of PFAS substances in production due to upcoming international and Danish regulation combined with a recognition that the production plant is inappropriately located in the middle of a...

Anurag Hans and Dr Jérôme Salomon_WHO SPECS_December_2024From left to right: Anurag Hans, Head of Mission at EssilorLuxottica and President of the OneSight EssilorLuxottica Foundation, and Dr. Jérôme Salomon, Assistant Director-General, Universal Health Coverage, Communicable and Noncommunicable Diseases, WHO, formalize their collaboration under the WHO SPECS 2030 initiative. This collaboration marks a milestone effort to advance global vision care and expand access for underserved communities worldwide.OneSight EssilorLuxottica Foundation Joins Forces with World Health Organization to Advance Global Vision Care Under WHO SPECS 2030 Initiative  Paris, France and Geneva, Switzerland (6 December 2024) – The OneSight EssilorLuxottica Foundation is proud to announce its collaboration with the World Health Organization (WHO) as a global...

The Company Announces New Website, Name, Logo and Ticker Symbol “KAS” to Reflect its Kaspa-Centered Strategy Vancouver, B.C, Dec. 06, 2024 (GLOBE NEWSWIRE) — Dynamite Blockchain Corp. (the “Company” or “Dynamite”) (CSE: KAS) is excited to announce that it has changed its name change to “Dynamite Blockchain Corp.” and has launched a new website. Concurrent with the Company’s rebranding, the Company also announces that its ticker symbol will also change to “KAS,” effective December 6, 2024. This comprehensive rebranding reflects the Company’s strategic focus on a Kaspa-driven Blockchain Ecosystem, encompassing efficient Kaspa Mining, cutting-edge Kaspa Products, and innovative Kaspa Services. New Website: dynamiteblock.com The rebranding reflects the leadership and vision of the Company’s CEO, Akshay Sood and underscores...

● 1,643 BTC held and 84 BTC produced from self-mining operations in November 2024 ● Net cash of US$98 million as of November 30, 2024 ● Targeting 1 GW of additional capacity by the end of 2026 SINGAPORE, Dec. 06, 2024 (GLOBE NEWSWIRE) — BitFuFu Inc. (“BitFuFu” or the “Company”) (NASDAQ: FUFU), a global leader in Bitcoin mining and comprehensive mining services, today announced unaudited production and mining operations updates for November 2024. Starting in December 2024, BitFuFu will begin regularly issuing monthly updates for investors and the general public and expects to gradually expand its monthly disclosures with additional data. BTC Held: 1,643 BTC1 as of November 30, 2024 BTC Produced: 84 BTC produced from self-mining operations in November 2024 New Miner Acquisition and Energization: Self-mining fleet increased by 13,300...

Showcases Robust Development and Commitment to Sustainable Mobility Solutions Munich, Dec. 06, 2024 (GLOBE NEWSWIRE) — The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono” or the “Company”, parent company to Sono Motors GmbH or “Sono Motors”) today announced its financial results for the first six months of 2024, highlighting a €60.6 million profit and its recovery following its exit from insolvency earlier this year. Key financial highlights – €60.6 million profit: The profit primarily stemmed from the extinguishment of liabilities, parental guarantee reversal and recapitalization and reconsolidation of Sono Motors. – Operational efficiency: General and administrative expenses decreased significantly from €8.1 million in H1 2023 to €2.9 million in H1 2024, reflecting leaner operations...

Tel Aviv, Israel, Dec. 06, 2024 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company’s ordinary shares was at $1.00 per share or greater for the last 10 consecutive business days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers...

Today, Styrkás hf., a company 63.4% owned by SKEL fjárfestingafélag hf., today signed heads of terms for the acquisition of 100% of the shares in Hringrás ehf. The sellers in the transaction are TF II slhf., a venture capital fund managed by Landsbréf, which owns 60% of Hringrás, and Hópsnes ehf., which owns 40%. The proposed acquisition aligns with Styrkás’ strategy to establish environmental services as one of the company’s core business areas in the Icelandic economy. The agreement values Hringrás at an enterprise value of ISK 6,300 million, with the potential to reach ISK 6,500 million if performance criteria are met. The equity value will depend on the net interest-bearing debt and estimated remaining investments as of the reference date. The entire purchase price will be settled through the issuance of new shares in Styrkás, with...

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