Core Scientific (CORZ) : 6-month performance

Core Scientific, which has operations in five U.S. states, mines for bitcoin and other cryptocurrencies.

Sector: Technology

Industry: Software - Infrastructure

Full Time Employees: 325

Founded in 2017 by Darin Feinstein and Mike Levitt

Headquartered in Dover, Delaware

https://corescientific.com

Ticker:  CORZ

• IPO: 21 July 21 via a merger with a blank-check company Power & Digital Infrastructure Acquisition Corp (XPDI) backed by BlackRock Inc (BLK), in a deal that values the cryptocurrency miner at $4.3 billion.
• 2021: Core was one of the largest publicly traded crypto mining firms in the U.S.
• Filed for bankruptcy in December 2022; relisted January 24, 2024

One month later: Sep 16, 24

Sep 16, 24

Core Scientific’s 104 megawatt Bitcoin mining data center in Marble, North Carolina 

-=Overstock.com (OSTK) : signs a cryptocurrency deal

Overstock.com (OSTK) subsidiary tZERO announced the signing of a letter of intent with GSR Capital, a private equity firm organized under the laws of Hong Kong, to participate in tZERO's Security Token Offering. In accordance with the LOI, GSR will purchase $160 mln in tZERO Security Tokens pursuant to the Simple Agreement for Future Equity. The purchase price per Security Token will be $10.00. To accommodate the investment from GSR, tZERO's STO has been extended to August 6, 2018.

-=Overstock (OTSK): SEC is investigating its tZERO unit

Shares of Overstock.com dropped after the e-commerce retailer that's developed cryprocurrency operations in the last year disclosed that the Securities and Exchange Commission is investigating the firm over digital tokens.

"In February 2018, the Division of Enforcement of the SEC informed the Company that it is conducting an investigation in the matter Re: Overstock.com, Inc. (NY-9777) and requested that the Company voluntarily provide certain documents related to the Offering and the Tokens in connection with its investigation," according to an 8-K filing with the commission.

Overstock.com's subsidiary tZero is raising $250 million through a token sale and is launching a digital token exchange. The company says it has a license for an alternative trading system through another acquisition.

=Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform

Overstock.com'S tZERO to trade KODAKCoin on its future U.S. regulated security token trading platform; parties intend that the KODAKCoin will launch in Q1 2018

• KODAKCoin will be the first third-party security token to launch on the security token platform that tZERO is developing. KODAKCoin will serve as the currency to power the recently announced KODAKOne digital imagery platform. The parties intend to follow the tZERO roadmap by offering a security token in accordance with U.S. federal securities laws requirements with subsequent trading to occur on the tZERO trading platform. tZERO will provide end to end advisory services, technology implementation and trading services for KODAKCoin. 
• The KODAKCoin security token offering will open on January 31, 2018 and will be open to accredited investors from the U.S., U.K. and Canada.

Marathon Patent Group (MARA): Global Bit Ventures acquired 1,300 of cryptocurrency mining machines

• Marathon Patent Group's subsidiary, Global Bit Ventures, acquired 1,300 cryptocurrency mining machines. 
• Jan 12:  #15

Marathon Patent Group: Global Bit Ventures (being acquired by MARA) has purchased 1,300 of Bitmain's Antminer S9 miners  

• Co announced that Global Bit Ventures purchased 1,300 of Bitmain's Antminer S9 miners Marathon and GBV have entered into a definitive purchase agreement whereby Marathon is acquiring 100% ownership of GBV.
• The 1,300 Antminer S9s are expected to utilize an estimated 1.8 MW of power once fully deployed and add 14 Ph/s of ASIC mining capacity.
• GBV currently owns 1,000 GPU mining servers capable of 250 GH/s. The Antminer S9s are able to mine any cryptocurrency using the SHA256 algorithm, including Bitcoin and Bitcoin Cash.

Eastman Kodak (KODK) to launch a photo-centric cryptocurrency

Eastman Kodak and WENN Digital announce licensing partnership to launch KODAKOne and KODAKCoin, a photo-centric cryptocurrency 

Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.

  

=Long Island Iced Tea (LTEA) changing name to Long Blockchain

FARMINGDALE, N.Y. (AP) -- Long Island Iced Tea Corp. is changing its name to Long Blockchain Corp., as it wants to focus more on blockchain technology.

Blockchain is a ledger sheet where cryptocurrency transactions are recorded.

The company said Thursday that it plans to ask the Nasdaq to change its trading symbol from its current "LTEA," but didn't disclose what it wants the symbol changed to. It will continue to run Long Island Brand Beverages LLC, which concentrates on the ready-to-drink segment of the beverage industry.

Shares jumped more than 200 percent to $7.66 in morning trading. Over the past year, shares have traded between $1.70 and $9.49.

********

In conjunction with the shift in business strategy, the Company has submitted a request to the Securities and Exchange Commission to withdraw its previously filed S-1 registration statement relating to a proposed underwritten public offering, which was filed on November 11, 2017.

The Company is already in the preliminary stages of evaluating specific opportunities involving blockchain technology. The discussions are only in the preliminary stages but indicate the areas of focus for the Company. These opportunities include potential partnerships, investments or acquisitions involving:

• A blockchain software developer building blockchain infrastructure for the financial services industry
• A London-based FCA regulated, institutional provider of FX services that is building multiple blockchain and digital crypto currency technology solutions for global financial markets
• A new smart contract platform for building decentralized applications that provides scalability beyond currently available options

=Nova Lifestyle (NVFY) to begin accepting bitcoin

Nova Lifestyle says intends to begin accepting Bitcoin and other major cryptocurrency as it further develops its product distribution platform 
Nova LifeStyle recently announced its formation of a wholly-owned subsidiary "I Design Blockchain Technology Inc." The Company expects to integrate a community of product designers, users, interior decorators, customers and suppliers surrounding Nova-branded products built on Blockchain technology.

=Riot Blockchain (RIOT) : $37 million private placement

Riot Blockchain has entered into subscription agreements with accredited investors for the purchase of 1,644,444 restricted units of the Company at a purchase price of $22.50 per unit  

Each unit consists of one share of restricted common stock and one warrant to purchase one share of restricted common stock at an exercise price of $40.00 per share for a period of three years.

The $37 million in gross proceeds from the Investment will be used for the expansion of the Company's Bitcoin mining operations, strategic investments, and general working capital. 

Bitcoin Investment Trust (GBTC) to resume private placements of shares

Grayscale Investments is the investment community's trusted authority on digital currency investing.

• HQ: New York, New York, United States
• Founded: 2013
• Number of Employees: 1-10
• Website: grayscale.co

  

 

One week (12/11;  $1,799) and 2 weeks later (12/18;  $3,4885;  +100%)

Bitcoin Investment Trust to resume private placements of shares today 
Grayscale Investments, LLC, the sponsor of the Bitcoin Investment Trust, announced on behalf of the Trust that the Trust will resume private placements of shares today. The Trust plans to create shares from time to time in exchange for deposits of Bitcoin. Shares may only be created by certain authorized participants. Pursuant to the terms of the Trust's governing documents, the Sponsor may cause the Trust to cease creations of shares from time to time, including during affiliate sales windows.

Description

Bitcoin Investment Trust holds bitcoins and, from time to time, issues creation baskets in exchange for deposits of bitcoins and distributes bitcoins in connection with redemption baskets. The activities of the Trust includes issuing Baskets in exchange for bitcoins deposited by the authorized participants or liquidity providers, as applicable, with the custodian as consideration and transferring actual bitcoins as necessary to cover the combined fee and selling bitcoins as necessary to pay extraordinary fees. The activities of the Trust also includes transferring actual bitcoins in exchange for Baskets surrendered for redemption by the authorized participants, causing the sponsor to sell bitcoins on the termination of the Trust. The Trust also engages in all administrative and custodial procedures necessary to accomplish such activities in accordance with the provisions of the trust agreement, the custodian agreement, the license agreements and the participant agreements.

Website 

https://grayscale.co/bitcoin-investment-trust/

=Digital Power (DPW) unveils cryptocurrency hardware

• Founded: 1969
• Headquarters: Fremont, CA
• Subsidiaries: Coolisys Technologies, Inc., Digital Power Limited, Digital Power Lending, LLC, Microphase Corporation
• digipwr.com

DPW holdings subsidiary Coolisys technologies unveils cryptocurrency hardware 
Coolisys stated that the first miner AC-DC switching power supply being produced will be for use by the Antminer S9 model by Bitmain Masters and can now be pre-ordered. The very popular and highly regarded Antminer S9 was the world's first dedicated bitcoin miner using an application-specific integrated circuit, (commonly known as an 'ASIC'), based on the sixteen nanometer ("16nm") process on its system.

Description

Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)). DPC offers a range of product variety, including custom product design, standard and modified-standard products. Its switching power rectifiers include defense and commercial custom power products, server power supplies, front-end, open-frame, enclosed, CompactPCI, MicroTCA, Desktop/Wall-mount Adaptors, Power over Ethernet and other product solutions. The Company's subsidiary, DPL, operates under the brand name of Gresham Power Electronics. DPL designs, manufactures and sells power products and system solutions, including power conversion, power distribution equipment, direct current/alternating current (DC/AC) inverters and uninterrupted power supply products.

Key stats and ratios

	Q3 (Sep '17)	2016
Net profit margin	-64.32%	-14.77%
Operating margin	-40.93%	-16.05%
EBITD margin	-	-13.93%
Return on average assets	-51.53%	-21.23%
Return on average equity	-120.15%	-31.92%
Employees	29

Long trade : Marathon Patent Group (MARA) (11/17)

Marathon Patent Group, Inc., together with its subsidiaries, acquires and monetizes patents primarily in the United States.

• Headquarters: Los Angeles, CA
• Founded: 2010
• Parent organization: Revere Investments
• marathonpg.com

  

• The following 2 days:

Cryptocurrency play Marathon Patent Group (MARA) extends this week's break out to multi-month high 

• Co acquired 100% ownership of Global Bit Ventures on November 2. Global Bit Ventures is a digital asset technology company that mines cryptocurrencies.
• The stock did a 1:4 reverse split in late October and has a ~5.5 mln share float. 

Description

Marathon Patent Group Inc. (MARA) is engaged in acquiring patents and patent rights from owners or other ventures. The Company monetizes its portfolio of patents and patent rights by entering into license discussions. The Company owns around 378 United States and foreign patents, and patent rights across a range of technologies and markets. The Company owns around 22 patent applications across a range of technologies and markets.

Key stats and ratios

	Q3 (Sep '17)	2016
Net profit margin	-3931.84%	-78.70%
Operating margin	-3515.51%	-42.54%
EBITD margin	-	22.30%
Return on average assets	-191.55%	-88.01%
Return on average equity	-	-1613.89%
Employees	6

=Seven Stars Cloud Group, Inc. (SSC)

Founded: 2004
http://www.sevenstarscloud.com
Sector: Technology > Industry: Cloud Computing Services

Dec 22, 2017: Seven Stars Cloud Group provides update on its 'vision and specifically on how it relates to Blockchain' 
"In this case of Seven Stars Cloud, we are applying Blockchain and Artificial Intelligence to create a hybrid solution for supply chain finance, risk management and asset-backed digital securitization. And these are only the first massive opportunities and markets we are targeting, with more plug and play opportunities to be announced in 2018."

Seven Stars Cloud (SSC)
 is aiming to become a global leader in providing next-generation Artificial-Intelligent (AI) & Fintech Powered, Supply Chain + Digital Finance Solutions.

By utilizing cutting-edge and all-encompassing fintech-powered technologies plus resources such as Artificial Intelligence, Blockchain, Cloud Computing & Data ("ABCD"), Seven Stars Cloud provides efficient, secure and margin-expanding digital supply chain solutions and asset-backed securitization for global industrial energy, commodity, exhibition/trade show & Intellectual Property, clients & markets.

Key stats and ratios

	Q3 (Sep '17)	2016
Net profit margin	-10.00%	-603.87%
Operating margin	-10.26%	-613.28%
EBITD margin	-	-557.22%
Return on average assets	-16.62%	-72.61%
Return on average equity	-47.65%	-111.24%
Employees	48