Ebang International Holdings Inc. Class A Ordinary Shares
EBONEbang International Holdings Inc. is a Chinese technology company primarily involved in the design and manufacturing of cryptocurrency mining hardware and related blockchain technology. Founded in 2010, the company has expanded its product offerings to include blockchain platforms and solutions, aiming to support the development of the digital currency industry. Ebang is known for its innovative equipment used in mining cryptocurrencies like Bitcoin.
Company News
SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology and Fintech company, today announced its financial results for the fiscal year ended December 31, 2023.
Bitcoin-related stocks and funds rose on Tuesday, as the cryptocurrency’s price climbed above $57,000 to the highest level seen since it hit an all-time high in November 2021.
Crypto-related stocks and funds rallied on Monday after bitcoin briefly rose above $50,000 for the first time since December 2021, as demand for recently launched spot bitcoin ETFs remains robust.
The long-awaited debut of the first spot bitcoin exchange-traded funds in the U.S. is widely seen as a major boost to the crypto space at large. Still, that doesn't mean the ETFs will benefit everyone -- such as existing bitcoin-related products that could see their market share diminished, according to analysts.
Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally earlier this month.
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