#worksport

[newtras]

WORKSPORT GAAP EPS from - $ 5.84 beats for $ 0.02, revenue of $ 8.48 million; Initiates FY25 Outlook

WORKSPORT GAAP EPS from – $ 5.84 beats for $ 0.02, revenue of $ 8.48 million; Initiates FY25 Outlook Source link

[satrthere]

WORKSPORT GAAP EPS from - $ 5.84 beats for $ 0.02, revenue of $ 8.48 million; Initiates FY25 Outlook

WORKSPORT GAAP EPS from – $ 5.84 beats for $ 0.02, revenue of $ 8.48 million; Initiates FY25 Outlook Source link

[hamzaaslam]

Worksport Subsidiary Terravis Energy Announces Two Major Heat Pump Breakthroughs, Begins 20-Day Countdown

Solving Two Key Market Challenges; Successful R&D Has Achieved a Solution Expected to Revolutionize Home Heating & Cooling, While Being Affordable and Highly Efficient. West Seneca, New York – Newsfile Corp. – January 22, 2025 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck,…

[leprivatebanker]

Worksport expects to exceed 2024 revenue view of $8M

[sfujioka1]

2024.12.15ワークスポーツの株は、BTC、XRPを財務戦略に追加した後、9%急上昇（Worksport stock jumps 9% after adding BTC, XRP to treasury strategy）  テーマ：英語のお勉強日記カテゴリ：仮想通貨Worksport stock jumps 9% after adding BTC, XRP to treasury strateg

[alcoraplant]

Solar tonneau cover powers tools from a pickup’s load bed

US firm Worksport has unveiled a novel tonneau cover for pickups that carries a solar array to provide a portable power supply. Depending on the model, the foldable load bed lid is fitted with three or four robust Solis panels mounted on a rail system. These protect any cargo from wind and rain, and their thick copper foundation apparently allows them to cope with more flexing and vibrations than…

[blockinsider]

MicroStrategy Invests $2.1B in Bitcoin, Securing 2% of Global Supply

Key Points

MicroStrategy Inc has added 21,550 Bitcoins to its holdings, valued at about $2.1 billion.

The company now owns over 2% of Bitcoin’s total supply, with plans to become the largest Bitcoin bank.

MicroStrategy Inc, an American software development firm, has further increased its Bitcoin holdings. The company’s Chairman, Michael Saylor, recently announced the acquisition of an additional 21,550 Bitcoins, equivalent to approximately $2.1 billion.

MicroStrategy’s Commitment to Bitcoin

The recent acquisition marks MicroStrategy’s fifth consecutive weekly Bitcoin purchase, reflecting the company’s dedication to the leading cryptocurrency. The 21,550 Bitcoins were bought at an estimated cost of $98,783 per coin.

This purchase has boosted the company’s Bitcoin Yield to 43.2% for the quarter and 68.7% for the year. Consequently, MicroStrategy’s Bitcoin portfolio now comprises 423,650 Bitcoins, purchased for $25.6 billion at an average cost of $60,324 per coin. This latest acquisition means the company now owns over 2% of Bitcoin’s total supply.

The company made the latest purchase between December 2 and 8. It was reported that MicroStrategy announced the acquisition of 15,400 Bitcoins on December 2 for approximately $1.5 billion. The company plans to hold its Bitcoins for the long term and aims to become the largest Bitcoin bank. This ambitious goal is largely supported by institutional investors looking to diversify into crypto.

MicroStrategy’s Influence on Bitcoin Adoption

MicroStrategy’s success has prompted other companies worldwide to consider Bitcoin as a strategic reserve asset. The company has managed to attract global investors, including European central banks.

Worksport, a renewable energy firm, recently announced plans to buy Bitcoin for its corporate treasury. Rumble Inc, a fast-growing video-sharing platform and cloud services provider, also made a bold move towards Bitcoin adoption. The company announced plans to purchase $20 million worth of Bitcoin, depending on market conditions. Following the announcement, Rumble’s shares surged by over 28% to trade at about $7.6.

In addition, MARA Holdings Inc, a prominent Bitcoin miner, has revealed plans to acquire more Bitcoins. The company intends to use proceeds from its $700 million private offering of 0% convertible senior notes, due in 2031, to fund the purchase.

The National Center for Public Policy Research (NCPPR) has also proposed a shareholder recommendation to Amazon, suggesting that the company diversify at least 5% of its financial reserves into Bitcoin. Meanwhile, Microsoft is set to make history as its shareholders vote on a Bitcoin adoption proposal this week.

[cgnews]

XRP enters corporate treasury reserves with Worksport and BC Bud Co investments

XRP’s recent price surge has sparked growing interest from institutional players, with Worksport and The BC Bud Co. announcing plans to include the token in their treasury strategies. Traditionally, corporate crypto investments have centered on Bitcoin, a trend set by companies like MicroStrategy. However, XRP’s impressive 300% rally over the past month has propelled it into the top three digital…

[blockchainfeed]

Worksport Ltd, a U.S.-based manufacturer and innovator of hybrid and clean energy solutions is to buy $5 million bitcoin for treasury reserves. #Blockchain #Crypto

[nawapon17]

Rivian R1T will get a solar-powered tonneau cover 'to go further'

[solarpowerindustry]

Worksport Initiates Alpha Launch of Solis Solar Array and COR Mobile Battery Power Generator

New Nano-Grid System 'SOLIS' and 'COR' Stores 4000Wh or more of Clean Energy Daily, Offering Modular, Portable Power Solutions for Vehicles, ... http://dlvr.it/TDS676

[jcnnewswire]

Worksport Signs Long Term Agreement with Customer for US Factory Product and Expects US$16,000,000 in Annual Sales, Marking Significant Growth and Demand at NY Factory

http://dlvr.it/SwKTct

[hamzaaslam]

Worksport ($WKSP) Reports Significant 581% YoY Revenue Growth in Q3 2024, Eyes Record 2025

Company Announces Consecutive Surge in Quarterly Revenues; Provides Positive Outlook for Fiscal Year 2025; Ongoing Expansion and New Product Lines Fuel Momentum West Seneca, New York – Newsfile Corp. – November 13, 2024 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and…

[leprivatebanker]

Worksport Projects Growth with Strategic Expansions in 2025