Bit Digital reported a 13.6% revenue decline in Q1 2026 to $27.9 million, driven by weaker Ethereum prices, reduced staking yields, and lower mining output. Despite a 23.9% rise in colocation services revenue, overall profitability was pressured by significant unrealized losses on its large Ethereum holdings. The company also integrates its AI-focused WhiteFiber subsidiary, valued at $322.1 million, which diversifies its portfolio. Bit Digital posted a net loss of $146.7 million but improved from the previous quarter's $185.3 million loss, with adjusted EBITDA at negative $9.4 million and cash reserves at $79.5 million.
Altice France has extended the exclusivity period granted to Bouygues Telecom, Free-Groupe iliad, and Orange for their joint offer to acquire certain Altice France assets. The initial exclusivity was set to expire on May 15, 2026, but has now been pr...
Solutions 30 SE announced its Annual General Meeting and Extraordinary General Meeting will be held on June 17, 2026, at its registered office in Luxembourg. Both meetings will be broadcast live on the company's website, allowing shareholders to part...
Altice France has extended the exclusivity period for Bouygues Telecom, Free-iliad Group, and Orange to finalize their joint offer of 20.35 billion euros for Altice France assets until June 5, 2026. The initial exclusivity was set to expire on May 15...
Nexans has received early clearance from the US Federal Trade Commission to acquire 100% of Republic Wire Inc., a key step for the deal. This approval accelerates Nexans' strategic expansion in the US market, expected to create long-term value for sh...
Nexans has received early clearance from the US Federal Trade Commission to acquire Republic Wire Inc., allowing the company to proceed with the full acquisition. This approval marks a significant step in Nexans' strategy to expand its presence in th...
