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Empowering Independence: How LogicMark Supports Aging Adults At Home And Beyond

Benzinga

By Meg Flippin Benzinga America’s seniors are embracing a vibrant new chapter of life. Today, they are breaking away from traditional expectations, enjoying greater independence, engaging in diverse activities and redefining what it means to age gracefully and actively. More than ever, seniors are embracing devices that empower their pursuit of an independent and fulfilling lifestyle, whether they prefer to stay home or explore. Many aging Americans already use digital devices to set their thermostats, see who’s at their door and alert them when it’s time to take their medication. All of these devices are Internet-connected and can talk to each other, sharing data and information with doctors and loved ones - that’s the beauty of the Internet of Things (IoT). But IoT goes beyond managing the home and monitoring heart rate and blood pressure. Thanks to companies like LogicMark Inc. (NASDAQ: LGMK), these IoT devices are protecting older adults in and out of the home. This added layer of protection is essential, as independence can come with risks – unintentional falls remain the leading cause of injury and death among people aged 65 and older. LogicMark specializes in personal emergency response systems (PERS), health communication devices and IoT technologies, all designed to create a seamless connected care platform for seniors – providing support and safety both at home and on the go. Instead of relying on in-person monitoring, the company uses advanced technology to offer a comprehensive suite of products aimed at protecting users from falls wherever they occur. Take a glance at LogicMark’s stock chart here Help Is A Push Of A Button Away LogicMark’s Freedom Alert Max, is more than just a portable safety device—it’s also a fully functional cellular phone, making it a groundbreaking innovation in medical alert technology. The device includes features such as fall detection, geofencing location boundaries, and unlimited non-emergency calls. It also offers 24/7 U.S.-based monitoring, ensuring help is always available when needed. Powered by mobile 4G LTE technology, the device provides reliable, two-way communication and advanced GPS location services for precise tracking. LogicMark’s Care Village companion app enables fall detection alerts, device pairing, GPS location monitoring and the ability for a caregiver to monitor the user and device status Meanwhile Freedom Alert Mini is an on-the go, lightweight device, designed to enhance safety inside and outside of the home. The compact 4G LTE device allows users to call for help at the push of a button, ensuring assistance is available anywhere with cellular coverage. It also includes fall detection technology which senses when someone has fallen and sends an alert to an emergency monitoring center, a loved one or 911. The device can be life-saving in situations where a user falls and is unable to call an emergency contact due to injury, unconsciousness, or disorientation. Complementing the fall detection feature are the Freedom Alert Mini’s GPS location services, which can accurately pinpoint the user’s location and notify authorities for a swift response.. The Freedom Alert Mini connects to a 24/7 monitoring service that promptly contacts first responders, loved ones or caregivers when necessary. In addition to these two devices LogicMark has a suite of in-home and on-the-go devices that do everything from detecting falls to automatically alerting 911 and loved ones. LogicMark reports that these devices are gaining strong traction in the marketplace. The company recently announced third-quarter revenue of $2.7 million, reflecting a 14% year-over-year increase. A significant contributor to this growth was the rising sales of the Freedom Alert Mini. Aging In Place With An Assist With the number of 65 and older Americans projected to reach 82 million by 2050, a 47% increase from the 58 million today, the market for remote monitoring devices like the ones made by LogicMark looks set to take off. Between now and 2028 the market is forecast to grow at a CAGR of 11.2%. Older adults are embracing independence and staying active as they age in place, and they are seeking devices that support their dynamic lifestyles. LogicMark is meeting this demand by offering a comprehensive suite of personal remote monitoring devices designed to ensure safety and peace of mind both at home and on the go. To learn more about its offering, check out LogicMark’s investment deck here. Featured photo by Jacek Dylag on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 09:00 AM Eastern Standard Time

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Cognition Therapeutics Presents Phase 2 Results For Drug To Fight DLB At International Conference

Benzinga

By Meg Flippin, Benzinga Cognition Therapeutics, Inc. (NASDAQ: CGTX), a clinical-stage company developing drugs that treat neurodegenerative disorders including dementia with Lewy bodies (DLB), had the opportunity to raise awareness about its experimental drug zervimesine (CT1812) when the company presented trial results in a podium presentation at the International Lewy Body Dementia Conference (ILBDC). The eighth International Lewy Body Dementia Conference, held in Amsterdam last week, drew an international audience of advocates, scientists and physicians looking for ways to fight this debilitating disease. Zervimesine is an experimental, orally delivered small molecule oligomer antagonist designed to treat this progressive form of dementia. Cognition Therapeutics recently reported positive topline results of its exploratory phase 2 SHIMMER study for the drug, announcing zervimesine produced strong therapeutic responses across behavioral, functional, cognitive and movement measures in patients with DLB. “Older adults with DLB are often placed in care facilities not because of memory issues, but due to the severity of neuropsychiatric or motor symptoms that overwhelm their caregivers,” said James E. Galvin, MD, MPH, director of the Comprehensive Center for Brain Health at the University of Miami Miller School of Medicine, who was the study director for SHIMMER. “Patients on zervimesine had fewer cognitive fluctuations and showed better motor control than placebo-treated patients. The results from this exploratory phase 2 trial demonstrated zervimesine could have a meaningful, positive impact on DLB patients across multiple measures of cognitive, behavioral, movement and functional performance, potentially enabling people with DLB to live at home with the assistance of their care partners.” DLB Drug Holds Promise DLB is a progressive form of dementia characterized by symptoms that fluctuate in severity and can be difficult to diagnose early. It can cause people to have hallucinations, delusions and anxiety as well as cognitive declines that impair their thinking and reasoning. It can cause uncontrollable changes in alertness, sleep disruptions, tremors and slow movement. DLB impacts about 1.4 million people in the U.S. and is the costliest form of dementia. The double-blind, placebo-controlled phase 2 SHIMMER study had 130 adults enrolled who were evenly divided into groups that received either a placebo or a daily dose of zervimesine for six months. Cognition Therapeutics reported the study met its primary endpoint of safety and tolerability. As presented at ILBDC, zervimesine-treated DLB patients scored an average of 86% better than placebo-treated patients on the neuropsychiatric inventory (NPI) A-L at the end of the study. This tool describes the frequency and severity of 12 separate behavioral symptoms. The impact on the NPI scale in the SHIMMER trial means that patients receiving zervimesine had fewer or less severe hallucinations and delusions and less anxiety and agitation than placebo-treated patients, the company noted. These symptoms are a hallmark of DLB and can be debilitating for patients. The improvement in these behavioral symptoms was measured not only for patients but also their care partners, who reported improvements in their levels of distress caused by these symptoms. Patients, Caregivers Benefit From Zervimesine Patients who received zervimesine also preserved 52% more of their ability to care for themselves, measured by the activities of daily living (ADCS-ADL) scale, compared to those taking the placebo. Cognition said this was likely due to the improvements in behavioral symptoms as well as a 91% reduction in cognitive fluctuations in zervimesine-treated patients. Cognitive fluctuations are another hallmark of DLB and are described as a non-responsive state that can occur suddenly and last for hours. The person experiencing the fluctuation may or may not be aware that it is happening. On top of all that, the company said that based on trial results, zervimesine treatment allowed patients to maintain 62% better motor function – including gait, balance and tremors – than those on the placebo. “Dr. Galvin’s presentation is an important opportunity to educate an international audience of advocates, scientists and physicians about the impressive efficacy signals that were observed in participants treated with zervimesine (CT1812),” said Anthony O. Caggiano, MD, PhD, Cognition’s CMO and head of R&D. “The improvement we observed across behavioral, cognitive, functional and motor symptoms in zervimesine-treated participants suggest a broad and meaningful impact on their daily lives. These results reinforce zervimesine’s potential to address the complex and debilitating symptoms of this disease.” Featured photo by Pawel Czerwinski on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 09:00 AM Eastern Standard Time

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New Crypto Alert: Skyren DAO Introduces Game-Changing Airdrop Collection Mechanism

Skyren DAO

By Simon Frasier, Benzinga Meta Description: Skyren DAO is redefining DeFi with its innovative airdrop collection mechanism. Learn how SKYRN is changing the game for investors seeking secure, verified airdrops. In a crypto world filled with fleeting trends and complex investment strategies, one project looks to make waves by simplifying the way users earn. Skyren DAO, powered by the SKYRN token, has introduced a unique airdrop collection mechanism designed that claims to help users potentially maximize their crypto rewards without the usual risks and confusion. The concept of airdrops is nothing new — many blockchain projects distribute free tokens to incentivize adoption. However, the process is often chaotic. Investors struggle to track legitimate airdrops, navigate unreliable sources, or avoid scams. Skyren DAO aims to change that, offering a structured, automated solution that benefits both new and experienced crypto users. Solving the Airdrop Dilemma Airdrops have become an essential part of DeFi, allowing early adopters to access new tokens before they hit major exchanges. Yet, the traditional airdrop model is flawed. Many users miss out due to lack of information, while others fall victim to phishing scams and fraudulent giveaways. Skyren DAO eliminates these concerns by curating and verifying every airdrop opportunity listed on its platform. Instead of scouring multiple sources, users can rely on Skyren’s automated system to track, filter, and deliver only high-quality airdrops. The SKYRN token looks to play a central role in this process. Holders gain access to exclusive airdrop campaigns from legitimate projects, ensuring that rewards are not only accessible but also valuable. This approach removes the uncertainty from airdrop hunting and replaces it with a secure, user-friendly experience. How Skyren DAO Stands Out What makes Skyren different from existing airdrop collection tools is its multi-layered approach to earnings. Instead of simply listing airdrops, the platform integrates staking, governance, and automated tracking to create a self-sustaining rewards ecosystem. 1. Verified Airdrops, Zero Guesswork Skyren’s system ensures that every airdrop listed meets strict security and quality standards. Users no longer need to verify projects manually—Skyren does the work for them. 2. Staking for Passive Income Beyond airdrops, Skyren offers staking rewards for SKYRN holders. Staking not only generates passive income but also unlocks access to premium airdrop campaigns. 3. DAO Governance for Transparency Skyren is structured as a decentralized autonomous organization (DAO), meaning token holders have a say in the platform’s development. This governance model ensures that users influence the direction of the project and its reward distribution strategies. These combined features position Skyren DAO as a full-fledged earning platform built for sustainable growth. Built for Accessibility and Efficiency Skyren DAO operates on the Polygon blockchain, leveraging its low fees and fast transaction speeds to provide a seamless user experience. Polygon’s infrastructure ensures that claiming airdrops, staking tokens, and participating in governance votes remain cost-effective and efficient. With Ethereum gas fees still a concern for many DeFi users, Skyren’s choice of Polygon makes its airdrop mechanism affordable and accessible to a global audience. Security and Transparency: A Must in DeFi Trust is everything in DeFi, and Skyren DAO prioritizes security and transparency through multiple layers of protection. Smart Contract Audits: Skyren DAO’s contracts have been independently audited by Cognitos and Cyberscope, ensuring that the platform operates securely. KYC Verification: The Skyren team has undergone KYC verification with Cognitos and SolidProof, reinforcing its commitment to transparency. For users hesitant about engaging in new crypto projects, these steps provide a layer of credibility that many platforms lack. Who Should Consider Skyren DAO? Skyren’s model is designed to cater to a wide range of crypto participants. New Investors: If you’re just entering the crypto space, Skyren simplifies the airdrop process, making it easy to claim and benefit from free token distributions. Seasoned DeFi Users: For those already familiar with airdrops, Skyren offers a structured, high-quality alternative to manually hunting for rewards. Long-Term Holders: If you’re looking for passive income, SKYRN’s staking feature adds an additional incentive beyond just holding the token. Skyren’s unique combination of automation, verified rewards, and staking ensures that users earn more while doing less. Airdrops with a Future: What’s Next for Skyren DAO? The team behind Skyren has ambitious plans to expand its ecosystem. While its airdrop collection mechanism is the current focus, future developments include: Expanding Cross-Chain Functionality: Skyren plans to integrate additional blockchains, providing users access to airdrops beyond the Polygon network. Advanced Portfolio Analytics: A dashboard for tracking airdrop rewards, staking returns, and overall portfolio performance. Strategic Partnerships: Skyren aims to collaborate with major DeFi projects to ensure continuous high-value airdrop campaigns for its users. Skyren is not just reacting to trends — it’s shaping the future of how investors interact with airdrops and rewards-based DeFi. Final Thoughts: Airdrop Collection, Reinvented For too long, airdrop collection has been an unorganized, risky experience. Skyren DAO’s automated, security-focused approach is set to change that. With verified airdrops, staking rewards, DAO governance, and a transparent framework, Skyren offers a next-generation solution for crypto investors looking to potentially maximize their earnings. As more users seek reliable, structured DeFi rewards, Skyren DAO says it is well-positioned to lead the charge—and with backing from trusted audits and KYC verification, it’s a project worth watching. To learn more about Skyren DAO’s vision and how you can participate, check out skyren.io. Feature photo courtesy of Skyren. Your Gateway to Exclusive Cryptocurrency Airdrops.Skyren is a groundbreaking airdrop collection service that connects cryptocurrency enthusiasts to unique token airdrops they might have missed or were unaware of their eligibility.With cutting-edge proprietary technology, Skyren tirelessly scans all layer one, two, and standalone blockchains to unearth new and exciting airdrops, ensuring its users never miss out on potential opportunities.By holding the $SKYRN token, users can enjoy the benefits of cryptocurrency airdrops without the need to search for projects and become eligible themselves.Skyren simplifies the complex task of airdrop hunting with a user-friendly interface, offering a streamlined experience accessible to anyone. This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks. Contact Details Info@skyren.io maverick@skyren.io Company Website https://skyren.io/

February 06, 2025 08:55 AM Eastern Standard Time

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Skyren DAO Unveils Revolutionary Airdrop Collection Token: What You Need To Know

Skyren DAO

By Simon Frasier, Benzinga Meta Description: Skyren DAO is transforming DeFi with its innovative airdrop collection token, SKYRN. Discover how it simplifies earnings and secures verified airdrops. Airdrops have long been a way for blockchain projects to distribute tokens and grow their communities, yet the process remains chaotic. Scams, eligibility confusion, and inefficient tracking prevent many investors from capitalizing on these free rewards. Skyren DAO has stepped in to change this narrative, introducing SKYRN — an airdrop collection token that aims to streamline and secure the process for users. The innovation behind Skyren DAO goes beyond just gathering tokens; it provides an ecosystem where earning through airdrops becomes predictable, accessible, and profitable. With its integration into decentralized finance (DeFi), SKYRN is reshaping how users interact with token rewards while leveraging blockchain transparency and automation. Why Airdrop Collection Needed a Makeover For many, the appeal of airdrops lies in their ability to distribute value without an upfront investment. However, the traditional model is riddled with inefficiencies: Scams and Fraudulent Airdrops: Users risk falling into phishing schemes that compromise their wallets. Eligibility Confusion: Many airdrops require multiple steps, obscure verifications, or social media engagement. Lack of Organization: Investors often miss lucrative opportunities due to a lack of centralized tracking tools. Skyren DAO eliminates these pain points by offering a platform that automatically curates, verifies, and facilitates airdrop participation through its SKYRN token. How Skyren DAO Revolutionizes Airdrop Participation The SKYRN token is at the heart of Skyren DAO’s ecosystem, serving as a gateway to premium airdrops and additional earning opportunities. Here’s what sets it apart: 1. Verified, Scam-Free Airdrops Skyren DAO ensures that every airdrop listed on its platform is thoroughly vetted. This reduces the risk of engaging with fraudulent token distributions and provides users with a secure earning environment. 2. Passive Earnings Through Staking Unlike traditional airdrop hunting, which requires constant monitoring, SKYRN holders can stake their tokens for additional rewards. This ensures that while benefiting from airdrops, investors also potentially earn a steady return through staking incentives. 3. Governance Rights for Platform Development SKYRN holders play an active role in shaping Skyren DAO’s future. Through decentralized governance, users vote on important decisions, from expanding airdrop opportunities to refining staking mechanisms. 4. Polygon-Powered Efficiency Built on Polygon, Skyren DAO leverages the blockchain’s low transaction fees and fast processing speeds, making it accessible to users worldwide. Ethereum’s gas fees often deter small investors, but Polygon ensures cost-effective engagement with Skyren’s features. Security and Transparency: A Necessity in DeFi DeFi has evolved, but security concerns remain. Skyren DAO is addressing these concerns through rigorous security measures, including: Smart Contract Audits: Skyren DAO has undergone comprehensive audits by Cognitos and Cyberscope, ensuring the integrity of its smart contracts. KYC Verification: The project’s team has completed KYC verification with Cognitos and SolidProof, reinforcing transparency and legitimacy. These elements help build trust within the community, ensuring that Skyren DAO stands as a credible player in the DeFi space. Who Benefits from SKYRN? Skyren DAO’s airdrop collection mechanism is designed for a broad audience: New Crypto Enthusiasts: A simplified platform for those looking to claim verified, scam-free airdrops. Experienced Investors: An organized, efficient way to participate in high-value token distributions. DeFi Yield Seekers: Staking SKYRN ensures a consistent return alongside airdrop earnings. The ease of use combined with multiple earning streams makes SKYRN a compelling asset for anyone engaging in the crypto ecosystem. Future Plans: What’s Next for Skyren DAO? Skyren’s roadmap includes: Expanding Blockchain Support: Future integrations with additional networks will enable more cross-chain airdrops. Enhanced Staking Features: Adjustments to staking rewards to accommodate growing demand. User Analytics Dashboard: A tool for tracking earnings, airdrop history, and staking performance. Skyren DAO’s goal is to make airdrops a mainstream earning strategy, not just a speculative bonus. Final Thoughts: Airdrop Collection Made Smarter Skyren DAO looks to revolutionize the way users engage with airdrops, turning them from unreliable, hit-or-miss events into structured, potentially high-value opportunities. Through security-first mechanisms, staking incentives, and decentralized governance, SKYRN is setting a new standard for crypto rewards. With more users looking for steady returns and dependable earnings, Skyren DAO aims to emerge as a leading choice in DeFi. To stay updated on developments and insights, follow Skyren DAO on X. Feature photo courtesy of Skyren. Your Gateway to Exclusive Cryptocurrency Airdrops.Skyren is a groundbreaking airdrop collection service that connects cryptocurrency enthusiasts to unique token airdrops they might have missed or were unaware of their eligibility.With cutting-edge proprietary technology, Skyren tirelessly scans all layer one, two, and standalone blockchains to unearth new and exciting airdrops, ensuring its users never miss out on potential opportunities.By holding the $SKYRN token, users can enjoy the benefits of cryptocurrency airdrops without the need to search for projects and become eligible themselves.Skyren simplifies the complex task of airdrop hunting with a user-friendly interface, offering a streamlined experience accessible to anyone. This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks. Contact Details Info@skyren.io maverick@skyren.io Company Website https://skyren.io/

February 06, 2025 08:55 AM Eastern Standard Time

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Globavend (NASDAQ: GVH) Inked Key Partnerships In Home Market Oceania As It Focuses On Footprint Expansion, Competing With The Likes Of FedEx and DHL

Benzinga

By Kyle Anthony, Benzinga In an increasingly interconnected world where one’s customers are not only within their local market but can also be in different regions across the globe, the ability to efficiently deliver goods is critical. Globavend Holdings Limited (NASDAQ: GVH ), an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia and New Zealand, is entering the global logistics ecosystem, going against established players such as Deutsche Post AG (DHL) (OTC: DHLGY), FedEx Corp (NYSE: FDX) and Hongkong Post in delivering packages to the front door of awaiting individuals. Globavend’s mission is to combine their experience, knowledge and network with flexibility and agility to provide a one-stop logistics solution to customers and enterprises. Founded in 2016, the company has grown over the years, becoming a premier service provider of end-to-end logistics solutions. While traditional logistics providers often offer a piecemeal service, requiring customers to coordinate with various service providers to fulfill delivery, Globavend takes ownership across the logistics value chain, including warehousing, customs clearance and air freight or ground transportation services. The firm’s ability to undertake such ownership stems from its proprietary all-in-one shipping solution, which can be connected to the internal sales or booking systems of customers as well as the carrier management systems of ground transportation carriers to facilitate effective logistics management. Globavend reports that having this depth of control has enabled the firm to provide efficient and customer-oriented services to great success. Globavend became a publicly traded company in November 2023, and in March 2024, the firm entered into a $20 million equity purchase agreement with Square Gate Capital Master Fund, LLC – Series 1. In both instances, the impetus behind these liquidity corporate actions was to bolster the firm’s capabilities by expanding warehouse capacity or elevating e-commerce logistics services into different verticals of the logistics supply chain. Growth In E-Commerce Within Oceania Within Oceania, specifically Australia and New Zealand, e-commerce has grown in recent years. As reported by the 2024 Australia Post eCommerce Industry Report, Australians spent approximately AU$63 billion (roughly $40 billion) online in 2023. With 8 out of 10 Australians shopping online during the year – which is estimated to be around 9.5 million households – the adoption of e-commerce is growing. E-commerce adoption is expected to continue growing, as the online share of retail spending was just 16.8% for the year; down from the 25% threshold attained during the COVID-19 period. The growth in e-commerce is a key driver for the Australian freight and logistics market, which was estimated to be worth $89.78 billion in 2023 and is estimated to grow to $136.91 billion by 2032, based on research conducted by imarc. From a competitive standpoint, while multi-national firms such as DHL and FedEx are operators within the region, private logistic firms and governmental postal services are also competitive entities within the local logistical landscape. Within this competitive landscape, Globavend’s value proposition is being a reliable one-stop shipping provider specifically designed for e-commerce businesses, with a lower price point than DHL and FedEx but providing comparable service quality in delivery. As noted by Research and Markets, the growth of the logistical landscape will continue into the foreseeable future, as factors such as the Australian government improving logistical infrastructure, a growing consumer base, rising exports and imports and increasing demand for products will broaden the ecosystem. Globavend: Scaling For Operational Excellence Globavend is taking the necessary actions to meet the expected demand for e-commerce from its key markets in the coming years. As outlined in its corporate presentation, the firm plans to take strategic action to strengthen its competitive position within the markets it operates in. An example of this is expanding its logistical services into different verticals of the logistics supply chain. Given that Globavend currently utilizes a network of service providers, its expansion plans include setting up ground transportation and customs clearance service teams. Furthermore, the firm plans to leverage technology to enhance its service offerings, namely, expanding parcel collection networks with smart facilities and providing 24/7 pickup, collection and drop-off services. Attaining scale and a broad distribution network is essential for competitiveness within the logistics industry. To that end, Globavend plans to upgrade warehousing facilities for value-added logistics services and explore the formation of strategic alliances or acquisition opportunities. Recently, the firm began partnering with NZ Post – a state-owned enterprise with the New Zealand Government as its sole shareholder – for last-mile delivery services. The company entered into a similar partnership with Australia Post, another state-owned enterprise that provides postal services across Australia. Apart from these, Globavend has also entered into a block space agreement with Australia's largest airline, Qantas Airways. The airline carrier will provide Globavend with secured cargo space in its flights to and across Australia, thus allowing the firm to deliver products across the country more efficiently by leveraging the airline's significant network. Globavend, An Emergent Industry Leader With e-commerce expected to grow in the future, Globavend is positioning itself to be a logistical leader and a top-of-mind choice for clients seeking to move their goods to individuals. The strategic actions the firm is undertaking to bolster its value proposition in the marketplace seek to enable the company to grow its market share and be a distinct operator relative to its industry peers. To learn more about Globavend Holdings, click here. Featured photo by CHUTTERSNAP on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:50 AM Eastern Standard Time

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This Solar Company Is Helping Power The Next Generation Of Spacecraft

Benzinga

By Johnny Rice Benzinga Paul Warley, CEO of Ascent Solar Technologies, Inc. (NASDAQ: ASTI), was recently a guest on Benzinga’s All-Access. Ascent reports it is a leading provider of a highly flexible, efficient form of solar panels known as GIGS. The company has cemented its position in the manufacturing of these innovative, high-performance, flexible thin-film solar panels for space and aerospace applications. Mr. Warley spoke about how his company’s technology is being integrated into exciting space missions. Watch the full interview here: Featured photo by Jeremy Thomas on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:45 AM Eastern Standard Time

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HIVE Digital Technologies Acquires Paraguay Bitcoin Mining Site, Targets 317% Hashrate Growth By September 2025

Benzinga

By Gerelyn Terzo, Benzinga HIVE Digital Technologies (NASDAQ: HIVE) is setting a tone of robust expansion for this year. The company, which is in the midst of relocating its headquarters from Vancouver, Canada to San Antonio, Texas, focuses on two white-hot market segments; high-performance computing (HPC) and Bitcoin mining. Now, HIVE reports it has significantly bolstered its global footprint by scooping up a 200 MW facility located in Yguazú, Paraguay from Bitfarms. Last year, HIVE mined 1,772 Bitcoin in a bullish environment in which the BTC price went well past the $100,000 threshold for the first time in history. HIVE’s Bitcoin holdings grew to 2,805 as of the end of 2024, reflecting 65% year-over-year growth. With their latest Paraguay expansion, HIVE Digital Technologies says it is positioning itself for explosive growth, targeting 25 EH/s by September 2025. The United States, where HIVE Digital Technologies is now based, has been leading the way in BTC mining, comprising more than 40% of the global Bitcoin mining hashrate amid regulatory tailwinds in states such as Texas. Bitcoin mining has become increasingly competitive as the global hashrate continues to soar. In response, HIVE plans to quadruple its hash rate capacity in 2025, a strategic move which positions the company to mine more Bitcoin while strengthening the network, just in time for what appears to be a bullish cycle in the crypto industry. Investors don’t have to mine their own Bitcoin to gain exposure to this rapidly expanding sector. They can explore HIVE Digital Technology’s stock to decide whether it has a place in their portfolio. HIVE Digital’s Expanding Hashrate Paraguay has become an increasingly attractive destination for Bitcoin miners, and its abundant renewable energy aligns perfectly with HIVE Digital Technology’s focus on sustainability. The nation boasts plentiful and inexpensive hydroelectric power, marked by the Itaipu Dam, one of the largest hydroelectric power plants on the planet. Additionally, Paraguay has implemented a Bitcoin-friendly regulatory framework in which companies like HIVE Digital Technologies can operate more freely. While temperatures can become scorching, there are cooling mechanisms in place as the country builds up its infrastructure to meet rising data center demand. HIVE Digital Technologies is no stranger to Paraguay, having recently broken ground on a 100 MW facility there. With the addition of Bitfarms’ 200 MW site, HIVE says it is now targeting 317% global hashrate growth by September of this year, from 6 EH/s to 25 EH/S, thereby hoping to capture 3% of the global Bitcoin network pie. With all of this control comes responsibility. Fortunately, HIVE says it has built a lean and efficient team that it believes will deliver $20 million in revenue per employee to the company each year. HIVE believes its revenue per employee (RPE) could surpass that of big tech companies like Apple (NASDAQ: AAPL), whose RPE hovers at $2.4 million, and even Nvidia (NASDAQ: NVDA), with an RPE last year of over $3 million. Not only is HIVE Digital Technologies increasing its own Bitcoin mining capabilities, but it says it is also creating a model for the industry to emulate for unparalleled efficiency. HIVE says it is targeting 16.5 joules per terahash (J/TH), reflecting BTC miner fleet efficiency relative to the hashrate. HIVE Digital’s Revenue Outlook HIVE has achieved a strong global presence since first going public in 2017, operating across nine different time zones and five languages. The company’s target of 430 MW capacity by Q3 2025 underpins its reputation in the eyes of many as a global technology leader. With the addition of the Yguazú facility, HIVE Digital Technologies believes its annual top-line revenue target of $500 million is now within grasp. Investors can learn more about HIVE Digital Technology’s stock here, ahead of the company’s expected earnings report on February 11. Featured photo by MidJourney on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:45 AM Eastern Standard Time

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BTCS Offers Investors Ethereum Exposure And Triple-Digit Revenue Growth

Benzinga

By Meg Flippin, Benzinga Bitcoin is by far the largest cryptocurrency, with Ethereum following as a strong competitor. While Ethereum may not be surpassing $100,000 like Bitcoin did in late January, it is experiencing its own growth moment as big-name investors like BlackRock, Fidelity, and President Donald Trump’s DeFi project, World Liberty Financial, acquire coins. It doesn’t hurt that Ethereum, unlike Bitcoin, is more than just a digital token, it’s a decentralized network that is the backbone of DeFi and non-fungible tokens (NFTs). With improvements to the Ethereum blockchain underway, the network is expected by many analysts to attract more users, potentially driving the price of Ethereum even higher. All of that is good news for BTCS Inc. (NASDAQ: BTCS), a blockchain infrastructure company that pioneered Bitcoin mining as the first U.S. public company in the space in 2014. Over the past few years, BTCS has shifted its focus to Ethereum to leverage its expertise to drive growth in validator node operations and block building. Ethereum Shift Is Paying Off All of these strategies are delivering strong results, the company says. In 2024, BTCS posted more than $3.7 million in unaudited revenue, marking 177% year-over-year growth, driven by its Ethereum infrastructure operations. The growth, says BTCS, underscores how it is able to scale its core business. Since shifting to Ethereum, BTCS has become a key participant in Ethereum’s proof-of-stake ecosystem, operating 522 validator nodes. In a proof-of-stake blockchain network, a validator node is a computer that verifies and confirms the legitimacy of transactions before they can be added to the blockchain. Validator nodes are responsible for ensuring the security and integrity of the network by making sure the transaction adheres to the protocol rules. BTCS’s operations aim to enhance network security and decentralization while also generating staking rewards and revenue from block-building activities. “I firmly believe that Ethereum infrastructure—focused on block-building and validation— presents the most compelling growth opportunity I’ve ever witnessed in the crypto space, surpassing even the early days of Bitcoin mining in 2017,” wrote Charles Allen, CEO of BTCS in a recent letter to shareholders. “Ethereum block-building and validation offers exceptional revenue growth potential without high capital constraints. Going forward we aim to be the leading Ethereum blockchain infrastructure company and are currently the only pure-play, publicly traded company focused on this strategy.” Publicly Traded, Ethereum Pure-Play BTCS says it gives investors cryptocurrency exposure similar to MicroStrategy Inc. (NASDAQ: MSTR), which is the largest publicly traded holder of bitcoin. MicroStrategy’s stock price tends to move in lockstep with Bitcoin, while BTCS’s performance is driven by the broader sentiment of the crypto market. In addition, by staking Ethereum and running validator nodes, BTCS unlocks revenue potential similar to Bitcoin mining – without the need to invest in rapidly depreciating hardware. BTCS is currently the only publicly traded pure-play Ethereum infrastructure company and says it’s aligning its business with sustainability through energy-efficient proof-of-stake protocols. Proof-of-stake protocols are substantially more energy efficient than proof-of-work protocols, which Bitcoin is based on, because it eliminates the need for energy-hogging computers in the mining process. With proof-of-stake, validators are chosen based on their stake, not by solving complex mathematical puzzles that require a lot of energy. Bitcoin may get a lot of attention, but Ethereum is also growing. BTCS says it is focusing its attention on innovation, scalability and regulatory compliance, and that that direction will position it well, it hopes, to capitalize on the expanding blockchain ecosystem. To learn more about BTCS click here. Featured photo by Kanchanara on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:30 AM Eastern Standard Time

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This Turkish Ride-Hailing SuperApp Is In Growth Mode

Benzinga

By Johnny Rice Benzinga Oguz Alper Oktem, CEO of Marti Technologies, Inc. (AMEX: MRT), was recently interviewed by Benzinga. Marti fashions itself as Türkiye’s mobility super app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car and motorcycle drivers and operates a large fleet of rental e-mopeds, e-bikes and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. Mr. Oktem shared his vision for Marti’s future. Watch the full interview here: Featured photo by Viktor Bystrov on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:30 AM Eastern Standard Time

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