NEW YORK, April 29, 2021 /PRNewswire/ — Bit Digital, Inc.
The newly purchased miners comprised 954 Whatsminer M20S, 261 Whatsminer M31S, 1,426 Bitmain Antminer S17, 1,800 Bitmain Antminer S17+, 280 Avalon A1246 and 50 VM V1 miners.
Subsequent to quarter end, as of April 29, 2021, the Company had completed the installation of a further 3,496 miners in North America.
“We made great progress continuing to scale our mining business in the first quarter of 2021, producing 1,013.40 bitcoins.
is a bitcoin mining company headquartered in New York City with one of the highest operating hash rates among all US listed bitcoin miners, and growing.
Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under “Risk Factors” in Item 3.D of our most recent Annual Report on Form 20-F for the fiscal year ended December 31, 2020.
The company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov.
It would complement or come as an alternative to a possible foreign-funded factory, with the aim to double the EU’s market share in semiconductors to 20% by 2030, a target set out by European internal market chief Thierry Breton.
with a price tag of almost $400 and Goldman Sachs Group Inc., recently trading near $350.Keith Lerner, chief market strategist at Truist Advisory Services, says Amazon.com’s potential inclusion would be more about prestige than anything else, considering the Dow is one of the most commonly quoted indexes.“Getting into the Dow is symbolic more than anything and it just shows you that you are a leading company on a global stage and a leader in your industry,” he said, adding that a split could make its shares more accessible to retail investors.Independent Advisor’s Zaccarelli agrees that should a potential split bring its per-share price down to between $100 and $300, it could make the stock more attractive to mom-and-pop investors.
Ford lowered its 2021 forecast for adjusted earnings before interest and taxes to a range of $5.5 billion to $6.5 billion — not much more than the $4.8 billion it made in the first quarter.That caused consternation in the investment community, which had traded up Ford shares by more than 40% this year before Wednesday, impressed by new models such as the Bronco Sport and new Chief Executive Officer Jim Farley’s more aggressive electric vehicle strategy.RBC Capital Markets analyst Joseph Spak called Ford’s profit forecast “confusing” in a research note.
Even though rising yields can hurt returns in the short-run, they’re a plus since they can help reduce the present value costs of obligations.Paltry yields that seemingly have nowhere to go but up have been an almost universal worry that has prompted investors to question the wisdom of sticking with the long-favored portfolio diversification recommendation of 60% stocks and 40% bonds.Ten-year Treasury yields have risen over a percentage point since August, nearly reaching 1.8%, as an improved vaccine rollout sparks business reopenings amid trillions in fiscal stimulus.
It would be part of a strategy to borrow as much as $20 billion over the next five years to make up for an expected shortfall in revenue.More to ComeAsset and debt sales are likely to account for the lion’s share of future deals, according to Hasnain Malik, head of equity research at Tellimer, a London-based firm that provides analysis on emerging markets.“Securitizing future cash flows and issuing bonds, as well as private equity sales, appear a far less onerous method of raising finance from international investors than selling equity via an IPO,” said Malik, who’s covered Middle Eastern markets for more than 20 years.
The group, which includes Austrian Airlines, Swiss and Eurowings, also stepped up warnings to German unions that it is ready to use forced dismissals to cut more jobs.
unit of Volkswagen’s AG over a marketing stunt in which it falsely said it was changing its name in the United States to “Voltswagen,” a person briefed on the matter confirmed.
On the same day that Ford Motor Co said it would be able to produce only half as many cars as planned due to a global chip shortage, Apple Inc announced blowout quarterly earnings as smartphone and computer sales soared, with the chip shortage having only a small impact on its business.
New York timeThe Nasdaq 100 rose 0.5%The Dow Jones Industrial Average rose 0.7%The MSCI World index rose 0.4%CurrenciesThe Bloomberg Dollar Spot Index was little changedThe euro was little changed at $1.2128The British pound rose 0.1% to $1.3950The Japanese yen fell 0.3% to 108.89 per dollarBondsThe yield on 10-year Treasuries advanced two basis points to 1.63%Germany’s 10-year yield advanced four basis points to -0.19%Britain’s 10-year yield advanced five basis points to 0.84%CommoditiesWest Texas Intermediate crude rose 1.7% to $65 a barrelGold futures were little changedFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.