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American Bitcoin Highlights American Bitcoin aims to become the world's largest, most efficient pure-play miner while building a robust strategic Bitcoin reserve Path to 50+ EH/s at average fleet efficiency of
Spot Debuts Alongside Latest Culinary Innovation with Signature Pizza Hut Flavors Designed to Dip and Dunk Just in Time for March Madness® PLANO, Texas , March 26, 2025 /PRNewswire/ -- Some people bring the party. Others bring the pizza.
President Donald Trump's plans to create a strategic crypto reserve generated sector tailwinds earlier this month.
Pizza Hut's Digital-Led Experience Enhances Game Time, Turning Solo Viewing into a Shared, Interactive Event PLANO, Texas , March 19, 2025 /PRNewswire/ -- Pizza Hut has always been a go-to for bringing people together over great food and good times. Now, as the Official and Only Pizza Sponsor of college basketball's biggest tournament, the brand is extending that role into the digital space with Hutty – a second-screen companion designed to enhance every game, keep fans connected, and serve up rewards all tournament long.
Four months ago, I recommended holding off on Hut 8 due to its inflated valuation despite a decent Q3 report. More recently, HUT 8 was able to grow total revenue by 69% for the full year 2024. Gross margins improved, but the company still lost money during the year. The reported $338 million in positive net income for 2024 was entirely due to a $509 million unrealized gain in the company's Bitcoin holdings.
The cryptocurrency market is officially crashing as marketwide bearish sentiment triggers a sell-off among speculators. While the current cryptocurrency crash has been bad news for tokens and blockchain stock values, some investors are taking it as an opportunity to add high-tech holdings to their portfolios.
Because Meat and Cheese Had a Good Run PLANO, Texas , March 11, 2025 /PRNewswire/ -- Move over, salami and brie—Pizza Hut is taking charcuterie to the next level just in time for Pi Day (3.14). Introducing Pizza Charcuterie, a customizable, Instagram-worthy pizza board designed for the ultimate social gathering.
592-acre site secured for newest River Bend campus in Louisiana ASIC fleet upgrade underway with deployment of new miners Vega development progressing on schedule for Q2 energization MIAMI, March 06, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today released its operations update for February 2025. “We made significant progress in February across every layer of our platform, from expanding our footprint to developing digital infrastructure and upgrading our ASIC fleet,” said Asher Genoot, CEO of Hut 8.
Reiterating a bullish stance on Hut 8 with a $30 price target, citing improved fundamentals and diversification beyond Bitcoin mining. Hut 8's strategic shift includes revenue from AI, data centers, and power generation, reducing dependency on Bitcoin's volatile price. Strong 2024 earnings showed significant growth in net income and adjusted EBITDA, despite a decline in quarterly revenue due to Bitcoin halving.
Hut 8 Corp. (NASDAQ:HUT ) Q4 2024 Earnings Conference Call March 3, 2025 8:30 AM ET Company Participants Asher Genoot - Chief Executive Officer Sean Glennan - Chief Financial Officer Conference Call Participants Mike Colonnese - H.C. Wainwright Patrick Moley - Piper Sandler Bill Papanastasiou - KBW John Todaro - Needham Stephen Glagola - Jones Trading Joseph Vafi - Canaccord Genuity Brett Knoblauch - Cantor Fitzgerald Operator Good morning and welcome to Hut 8's Full-Full-Year 2024 Financial Results Conference Call.