بٹ کوائن کان کنوں کا گڑھ قرض میں کمی کے لیے کان کنی کی رِگز واپس کرے گا۔ خسارہ بڑھنے کے ساتھ ہی حصص میں کمی

Shares of Bitcoin miner Stronghold Digital Mining Inc. plunged more than 25% in U.S. trading on Wednesday after the company said losses in the second quarter widened from a year earlier despite a restructuring plan that included the return of about 26,200 Bitcoin mining machines to slash debt in half.

متعلقہ مضمون ملاحظہ کریں: Bitcoin miner Hut 8 کے حصص کی آمدنی، آؤٹ لک میں اضافہ - Q2 منافع میں کمی کے باوجود

تیز حقائق۔

• The Nasdaq-listed mining firm’s net loss widened to US$40.2 million in the second quarter of this year, compared to a US$3.2 million loss a year earlier, Stronghold’s latest آمدنی کی رپورٹ دکھایا.
• Stronghold Tuesday نے کہا it has reached agreements with New York Digital Investment Group and another lender to return Bitcoin mining rigs to reduce US$67.4 million in debt, in a move the company expects to “significantly improve the financial condition of Stronghold and position it for increased financial flexibility going forward.”
• The company also received a commitment letter from WhiteHawk Finance LLC to restructure and expand its current equipment financing agreements to add up to US$20 million in borrowing capacity.
• With these agreements and another convertible note restructuring in its plan, Stronghold is seeking to slash its outstanding dues by US$79 million, or about 55% of total principal outstanding as of June 30, the company said.
• “Stronghold has been consistently toggling between selling power to the grid and mining Bitcoin,” amid lower margins on the crypto and higher costs for power, the company said.
• Stronghold’s power generation capacity remains unchanged. “[While] our Bitcoin mining fleet has been reduced in the short run, we have significantly more open exposure to strong power markets, which remain tight,” Greg Beard, cochairman and chief executive officer of Stronghold, said in the statement.

متعلقہ مضمون ملاحظہ کریں: چینی کان کنی رگ بنانے والی کمپنی کنان کا کہنا ہے کہ 'کرپٹو سرما' کے باوجود عالمی سطح پر توسیع