BBX News: Cipher Digital Q1 signed its third large-scale lease agreement, totaling $1.14 billion, 907 MW, with a daily increase of 23.5%; Circle CLARITY Act compromises to retain USDC revenue sharing,+20%, Q1 financial report on May 11th; K Wave abandons $485 million BTC plan to switch to AI, with a stock price of -25%, and plans to rename itself Talivar Technologies.
Core points:
——Cipher Digital (NASDAQ: CIFR): Q1 revenue of $34.8 million, net loss of $114.3 million; Three large-scale leases totaling $11.4 billion, 907 MW, and annualized NOI of $787 million; Cash of $715 million, pipeline of 3.3 GW;+23.5%.
——Circle Internet Group (NYSE: CRCL): CLARITY Act compromises retention of usage revenue sharing; +20% (May 4th); BTC breaks $80K; Q1 financial report on May 11th; Wells Fargo's target price is $142.
——K Wave Media (NASDAQ: KWM) plans to invest $485 million BTC in AI data centers and GPU computing power; Sell Play Co. to eliminate $48 million in debt; Proposed name change to Talivar Technologies; The stock price is -25%, with a market value of approximately $21 million.
Source: bbx.com
