Bitmine Immersion Technologies now holds 5.28 million ETH, about 4.37% of the total 120.7 million Ethereum tokens, aiming to reach 5% by the end of 2026. The company recently acquired 71,672 ETH in one week, viewing price dips as buying opportunities. Bitmine stakes 4.7 million ETH, generating $289 million in annual revenue with a 2.8% yield, and plans to expand its MAVAN staking platform to institutional investors. This move positions Bitmine as the largest Ethereum treasury globally, with potential regulatory clarity from the CLARITY Act expected to boost Wall Street crypto products.
SharonAI Holdings reported a first-quarter EPS loss of $1.43, slightly worse than last year's $1.34 loss, with revenue declining to $294,014 from $325,092. Despite this, the company highlighted strong demand for its AI cloud services and announced an...
ImmunityBio secured exclusive U.S. development and supply rights for the Tokyo-172 strain of BCG, an investigational bladder cancer therapy not yet FDA-approved. This follows positive Phase 3 trial results showing Tokyo-172 BCG is as effective as the...
LanzaTech announced a registered direct offering of common stock to raise about $20 million, aiming to improve its financial position. Despite a 66% stock drop over the past year and a first-quarter loss of $1.77 per share, the company is making oper...
Baidu reported strong Q1 2026 earnings, with EPS of $1.75 surpassing analyst expectations of $1.67 and revenue of $4.65 billion beating estimates of $4.54 billion. The company's rapid growth in AI-powered cloud services now accounts for over half of ...
Arbor Biotechnologies appointed Mathew Pletcher, Ph.D., as its new Chief Scientific Officer, succeeding John Murphy who is retiring. Dr. Pletcher brings nearly 20 years of experience in gene therapy and rare diseases, having held leadership roles at ...
