Breaks Categories: News

WednesdayAug 03, 2022 12:28 pm

NetworkNewsBreaks – Canaan Inc. (NASDAQ: CAN) Announces Scheduled Release of Q2 2022 Financial Results, Conference Call

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced plans to report its financial results for the second quarter ended June 30, 2022, before the U.S. market opens on Aug. 18, 2022. On the same day at 8:00 a.m. ET, the company’s management team will hold a conference call to discuss the results. Interested parties should visit https://nnw.fm/wDvAp to complete the online registration process in advance of the call. Upon registering, each participant will receive a set of dial-in numbers and a unique access PIN, which can be used to join the call. A live and archived webcast…

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WednesdayAug 03, 2022 12:15 pm

NetworkNewsBreaks – 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 approximately 439 BTC. The company also reported that it held some 6,696 BTC, all produced by Riot’s self-mining operations. In addition, the company sold 275 BTC, which generated approximately $5.6 million in net proceeds. The…

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WednesdayAug 03, 2022 11:38 am

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Further Diversifies Hosting Portfolio with Primarily Hydro-Powered Site

Bit Digital (NASDAQ: BTBT), a digital asset mining company headquartered in New York, today announced that it has finalized an agreement for 5 megawatts of incremental hosting capacity to power its miners. The facility is located in Canada and utilizes a primarily hydro-power operated energy source. Currently powering approximately 650 of the company’s miners, the facility is expected to accommodate 1,500 units over the coming months. “We are pleased to further diversify our hosting portfolio with this primarily hydro-powered site,” said Bit Digital’s CEO Bryan Bullett. “We continue to believe that a diversity of hosting sites mitigates risk and enhances…

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WednesdayAug 03, 2022 10:45 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Adds EV Technology Team Centrally Located to Motor City Resources

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the addition of a new EV Technology team, focusing on developing EV technologies for Mullen’s portfolio of commercial vans. Located in Pontiac, Michigan, and centrally located to all automotive resources the Motor City Area has to offer, the team will be home to a new division of engineers and technology developers focused on Mullen’s Class 1 – 5 commercial vehicle development. The “Detroit Tech Center” and its team will play a critical role in Mullen’s goal of developing highly efficient EV technology that utilizes less energy consumption while…

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TuesdayAug 02, 2022 3:18 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Record Results for Q2 2022

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0), a publicly-traded investment company, today announced its second quarter 2022 financial results, including record revenue, gross profit and net earnings of its wholly-owned portfolio company Belle Pulses Ltd. “Belle Pulses’ performance is exceeding expectations, and we remain very pleased with the growth rate and strong ability to execute from Tony and Francis Gaudet as they continue to lead Belle Pulses. The team delivered record revenue and record gross profit as they fulfill their mission to feed families globally, while our CPG investments continue to scale rapidly across channels. I am…

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TuesdayAug 02, 2022 12:56 pm

NetworkNewsBreaks – Advisors Mortgage Group Opens West Atlantic City Branch Opening

Advisors Mortgage Group, based in Ocean Township, New Jersey, has announced a new branch opening; the group has officially opened a West Atlantic City, New Jersey, office. According to the announcement, Advisors is the top purchase lender on the Jersey Shore and has claimed a spot on the Inc. 5000 Fastest-Growing Private Companies list 10 times since 2003; in addition, the company has been recognized by NJBIZ as one of New Jersey’s best places to work every year for the past decade. An Advisors official noted that the group’s recent expansion in Monmouth, Ocean, Atlantic and Cape May counties has…

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TuesdayAug 02, 2022 12:50 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) CEO Spotlighted in Benzinga Live Interview

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, will be the topic of discussion in an upcoming Benzinga YouTube channel interview. The live interview, hosted by Zunaid Sulemanet and slated for Aug. 4, 2022, at 1:30 p.m. ET will feature Mullen CEO and chair David Michery. According to the announcement, Michery’s previous interviews with Benzinga have been some of its most popular events, with viewers from around the world watching the live one-on-one discussions. “I look forward to connecting with Benzinga later this week, especially after a recent health event that kept me away from the office for…

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TuesdayAug 02, 2022 12:26 pm

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Expands Credit Facilities to Add Capacity, Optionality in Financing Future Growth

Marathon Digital Holdings (NASDAQ: MARA) is a leader in supporting and securing the bitcoin ecosystem. The company has expanded its credit facilities with Silvergate Bank, the leading provider of innovative financial infrastructure solutions to the digital currency industry, by refinancing its existing $100 million revolving line of credit and adding an additional $100 million term loan on July 28. “We are pleased to be closing on these debt facilities and believe that the combination of a term loan and revolver provide Marathon with exceptional flexibility as to our funding options,” said Hugh Gallagher, Marathon’s CFO. “With these facilities in place,…

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TuesdayAug 02, 2022 12:21 pm

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Featured in Bell2Bell Podcast

Aditxt (NASDAQ: ADTX) was featured in the Bell2Bell Podcast, a part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Amro Albanna, co-founder, chairman and CEO of Aditxt, joined the latest episode to provide an overview of the company and discuss its business model. “We are a biotech innovation company, and our focus is on immune diseases. The reality is that immune diseases are caused either by someone having too little immune response or too much immune response,” Albanna said. “When you have too little immune response and you’re dealing with COVID-19, we all understand…

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TuesdayAug 02, 2022 11:38 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters Joint Venture with Colombia’s Largest Indigenous Tribe

Flora (NASDAQ: FLGC) is a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands. The company today announced a joint venture agreement with Pharma Indigena Misak Manasr Sas (“Manasr”), the largest indigenous tribe in Colombia, on the development of cultivation best practices, manufacturing, export, and marketing of cannabis and cannabis containing products. “We are honored to be given opportunity to work hand-in-hand with the Misak people,” said Luis Merchan, Flora’s chairman and CEO. “Through this partnership, we will collaborate with the tribe on the processing and distribution of their Colombian-grown cannabis while offering Manasr a powerful platform…

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