Company Profile:

Grayscale Ethereum Classic Trust (ETC) ("ETCG") is an investment vehicle that enables investors to gain access and exposure to Ethereum Classic in the form of a security without the challenges of buying, storing, and safekeeping it directly. Shares are distributed through sales in private placement transactions and become eligible to sell into the public market after a statutory one-year holding period. While an investment in the shares is not a direct investment in Ethereum Classic, the shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to Ethereum Classic. The shares are quoted on OTCQX under the ticker symbol "ETCG." ETCG's investment objective is for its shares (based on Ethereum Classic per share) to reflect the value of the Ethereum Classic held by ETCG, less ETCG's expenses and other liabilities. To date, ETCG has not met its investment objective and the shares quoted on OTCQX have not reflected the value of Ethereum Classic held by ETCG less, ETCG's expenses and other liabilities, but have instead traded at a substantial premium over such value. For as long as the Shares trade at a substantial premium, investors who purchase Shares on OTCQX will pay substantially more for their Shares than investors who purchase Shares in the private placement. Ethereum Classic per share is updated daily here: http://gryscl.co/ETC. ETCG's sponsor is Grayscale Investments, the world's largest digital currency asset manager. 

Invested 5/14/2018

@44.01

MARA Holdings Inc, formerly Marathon Digital Holdings, Inc. is a digital asset compute that develops and deploys technologies. The Company’s digital asset compute portfolio spans multiple states and countries. It manages large grid-connected deployments that reduce energy waste and inefficiencies, as well as small, dispersed deployments that transform stranded or wasted energy resources into more productive and sustainable assets. Its technologies include 2PIC by MARA, MARAFW, MARA SLIPSTREAM, ANDURO, and ALYS. The Company’s 2PIC by MARA is a next generation of immersion cooling technology. MARATools provides a streamlined process for firmware installation, configuration, and management of ASICs. Anduro is a multi-sidechain platform on bitcoin. ALYS is a bitcoin sidechain where builders can use Ethereum smart contracts. The Company’s digital asset compute portfolio approximately 265,000 operational miners. 

Company Contact

Headquarters

1180 N Town Center Dr Ste 100

Las Vegas, NV 89144-6308

Invested 5/12/2018

@ 5.20275

*All time high was

234.00 per share on

3/1/2012.

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********12th Highest gainer

across all portfolios 

UP +252.94%^

UP +563.97% in 2nd portfolio.

(Chase IRA)

*Cost basis $2.85 / share.

4/09/2019.

*MW Marathon Digital logs record earnings as it pushes past 'operational challenges'

8:14 PM ET 5/9/24 | MarketWatch

By Emily Bary

The company sold 26% of the bitcoin it produced during the first quarter

Marathon Digital Holdings Inc. said that it faced "operational challenges" in the latest quarter but managed nonetheless to take advantage of the cryptocurrency boom.

The bitcoin-mining company on Thursday posted first-quarter net income of $337.2 million, or $1.26 a share, compared with net income of $118.7 million, or 72 cents a share, in the year-before period.

The company also posted adjusted earnings before interest, taxes, depreciation and amortization of $528.8 million, up from $144.5 million a year ago.

Marathon's (MARA) revenue rose to $165.2 million from $51.1 million, while analysts were expecting $182.1 million. Both the revenue and net-income totals were records, Marathon said.

Shares dipped 1% after hours.

"Despite the operational challenges we faced in the first quarter, we were able to leverage our agility to redistribute equipment to newly acquired sites amidst ongoing repairs," Chief Executive Fred Thiel said in a release. "When combined with our HODL strategy, these actions allowed us to capitalize on bitcoin's positive momentum and produce record financial results for the quarter."

See also: Bitcoin is trading sideways, but get ready for another rally in September

Marathon describes that HODL strategy on its website, where it calls itself "frequently" one of the biggest bitcoin holders among listed U.S. companies. "We HODL (hold) a large amount of bitcoin as a tenet of our corporate treasury strategy," the website says.

The company sold 26% of the bitcoin it produced during the first quarter, putting the proceeds toward operating expenses.

Operational challenges in the first quarter included equipment malfunctions and greater weather disruptions than Marathon had projected.

Marathon disclosed a $488.8 million quarterly gain on digital assets, whereas it racked up $137.4 million in such gains during the same period a year before. The difference in gains largely reflected a dramatically higher bitcoin price in the early part of 2024 relative to what was seen in 2023.

For instance, the price of bitcoin (BTCUSD) exceeded $71,000 at the end of March 2024, whereas it was over $28,000 at the end of March 2023, Marathon noted.

-Emily Bary

BTCS Company Overview   

BTCS  Inc., formerly Bitcoin Shop, Inc., is engaged in the business of  hosting an online e-commerce marketplace where consumers can purchase  merchandise using digital currencies, including bitcoin and with  operations in the blockchain and digital currency ecosystems. The  Company operates a beta e-commerce marketplace, which accepts a range of  digital currencies, have designed a beta secure digital currency  storage solution BTCS Wallet. The Company's transaction verification  services business (bitcoin mining) enables running application-specific  integrated circuit (ASIC) servers. The ASIC servers solve a set of  prescribed mathematical calculations in order to add a block to the  blockchain and thereby confirm bitcoin transactions. The Company's beta  e-commerce marketplace offers approximately 250,000 curated products and  utilizes its Intelligent Shopping Engine to find competitive prices on  products from over 250 retailers.  

Company Contact

Headquarters

9466 Georgia Ave # 124
Silver Spring, MD 20910-1456.

Invested 8/09/2017

@ 0.92993

Added to Investment

3/22/2022 

@ 4.1976

Added to Investment

7/18/2022 

@ 1.519

Added to Investment

7/20/2022 

@ 1.639

Added to Investment

10/06/2022 

@ 1.499

Added to Investment

10/26/2022 

@ 1.34

Added to Investment

2/27/2023 

@ 1.57

Dividend

$0.05

Yield

3.52%

Ex-Dividend Date

3/16/2022

Dividend Payable Date

4/11/2022

*Dividend paid 4/11/2022

*All time high was 

***$2,106,000.00 PER SHARE on

May 1st, 2010.

*BTCS Inc. Welcomes Ashley DeSimone to Its Board of Directors

8:30 AM ET 4/18/24 | Dow Jones

Silver Spring, MD, April 18, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, is thrilled to announce the appointment of Ashley DeSimone to its Board of Directors. This addition underscores BTCS's commitment to enhancing its governance structure and driving sustainable growth through adding expertise.

Ashley DeSimone brings to BTCS a wealth of experience in corporate strategy, and investor and public relations, having held leadership roles in a leading capital markets advisory and investor and public relations firm, as well as having executive experience at an investment firm. Her background in public company investor relations is anticipated to help BTCS' board continue to navigate the rapidly evolving blockchain ecosystem.

"We are delighted to welcome Ashley to the BTCS Board," said Charles Allen, CEO of BTCS. "Her deep experience working with and advising high-profile companies in the U.S. capital markets, combined with her understanding of the blockchain space, make her an invaluable asset to our team. Ashley's appointment is a testament to our commitment to strengthening our board and ensuring our company's governance is robust and poised for future growth."

Ashley's appointment comes at a pivotal time as the Company has just announced new initiatives, including Builder+ and ChainQ, to expand its operations and explore new opportunities within the blockchain industry. Her insights and leadership are anticipated to play a critical role in guiding BTCS through its next phase of innovation and expansion.

"I am excited to join the BTCS Board of Directors and work alongside a team that is at the forefront of leveraging blockchain technology for real-world applications," said Ashley DeSimone. "I believe in the Company's vision and look forward to contributing to its success."

With the addition of Ashley, BTCS continues to demonstrate its dedication to diversity and excellence in its leadership team, ensuring it is well-equipped to achieve its strategic goals and enhance shareholder value.

About BTCS:

BTCS Inc. is a Nasdaq listed company operating in the blockchain technology sector since 2014 and is one of the only U.S. publicly traded companies with a primary focus on proof-of-stake blockchain infrastructure. Our core focus is on driving scalable growth through a diverse range of business streams leveraging and built on top of our core and proven blockchain infrastructure operations. BTCS secures and operates validator nodes on cutting-edge blockchain networks that power Web 3, earning native token rewards by staking our proof-of-stake crypto assets, with an emphasis on Ethereum. Our innovative "StakeSeeker" platform empowers crypto holders with an analytics-focused cryptocurrency dashboard. It also offers a non-custodial Staking-as-a-Service solution, enabling users to earn staking rewards, while BTCS earns a percentage of token holders' rewards, creating the potential for scalable revenue with limited additional costs. We've also introduced "Builder+", an Ethereum block builder. This technology leverages advanced algorithms to maximize profit through optimized block construction. Builder+ creates opportunities for new scalable revenue streams by being utilized by third-party nodes. www.btcs.com.

MGTI Company Overview

MGT Capital Investments, Inc. (MGT) is a  bitcoin miner. The Company is involved in mining bitcoin and ethereum,  whereby the Company earns revenue by solving blocks to be added to the  block chain. The Company has partnered with Bitmain Technologies and is  using their Bitmain S9 Antminers. MGT will own and operate approximately  7,000 Bitmain S9mining rigs, and 50 graphics processing unit  (GPU)-based ethereum mining machines.

Company Contact

Headquarters

150 FAYETTEVILLE STREET,, SUITE 1100
Raleigh, NC 27601

Invested 9/17/2019

@ 0.02405

*All time high was $88,000.00 per share on

July 1st, 1994.

*EARNINGS REPORT 8/17/2020 AFTER BELL

MGT Capital Reports First Quarter Results

9:05 AM ET 5/15/20 | Dow Jones

Important Disclosures Regarding May 11, 2020 Bitcoin Halving

RALEIGH, N.C., May 15, 2020 /PRNewswire/ -- MGT Capital Investments, Inc. (OTCQB: MGTI) yesterday filed its Form 10-Q quarterly report with the Securities and Exchange Commission for the period ended March 31, 2020. The complete filing can be accessed via the Company's website or at www.sec.gov.

Results for the first quarter reflect operations of the Company-owned and managed facility in Lafayette, GA. This site consists of 1,500 new generation Bitcoin miners (nearly all S17 Pro Antminers from Bitmain Technologies), collectively rated at approximately 80 Ph/s in computing power. As previously stated, all third-party hosting arrangements and investor-owned miner agreements were terminated by year-end 2019.

Revenue for the three months ended March 31, 2020 totaled $677,000, reflecting nearly a full quarter of mining at the site. Operating expenses for the quarter totaled $1.6 million, including $605,000 in cost of revenues and $1.0 million in general and administrative expenses. Non-operating expenses totaled $366,000, resulting in a net loss for the quarter of $1.3 million. Included in the net loss figure are non-cash charges totaling just under $1.0 million.

Cash flow provided by operations was $183,000 for the quarter and included the recovery of $431,000 in previously paid energy taxes in Sweden. The Company used $381,000 in investing activities, $343,000 of which was used to complete the final operating phase of its mining facility in Georgia.

In April, MGT secured a $108,000 loan in connection with the Paycheck Protection Program offered by the U.S Small Business Administration. During the quarter and through May 14, 2020, the Company issued 49.2 million shares of common stock upon the conversion of $500,000 in debt principal, reducing the outstanding debt principal to $429,000. Shares outstanding are 462,931,961 as of May 14, 2020. On this same date, the Company's cash balance was $65,000.

During April and May, the Company preliminarily resolved its derivative actions pending in state and federal courts. Consideration for the settlements include adoption of certain corporate governance reforms and payments to the Company totaling $290,000, of which approximately $180,000 will be paid to the plaintiffs and to the plaintiffs' counsel. As previously reported, MGT also reached a settlement in December 2019 resolving a federal securities class action lawsuit.

Lastly, on May 11, 2020, the third "halving," as proscribed in the Bitcoin protocol, occurred. This halving revised the mining network reward payout to 6.25 Bitcoin per block discovered, from the previous reward payout of 12.5 Bitcoin per block. Since network difficulty is based upon blocks, not coins, halving reduces the number of new Bitcoin being generated by the network in each period. Consequently, if the overall network hash rate does not fall, each miner will see its number of discovered Bitcoin reduced per Ph/s employed, as compared to pre-halving.

While the effect is to limit the supply of new coins, halving has no impact on the quantity of total Bitcoin already outstanding. Moreover, the daily new supply from mining represents an extremely small percentage of the 18.4 million BTC outstanding and a very small fraction of daily BTC trading activity. As a result, the price of Bitcoin could rise or fall based on overall investor and consumer demand. Should the price of Bitcoin remain unchanged after the latest halving, and the overall network hash rate stays stable, the Company's revenue would be reduced by 50%, with a much larger negative impact to profit.