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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. Operational and Financial Highlights for Fiscal Year 2023 Total net revenues in the 2023 fiscal year decreased by 85.0% to US$4.9 million, from US$32.3 million in the 2022 fiscal year. Gross loss in the 2023 fiscal year was...

SINGAPORE, Aug. 25, 2023 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology and Fintech company, today announced its unaudited financial results for the first six months of fiscal year 2023. Operational and Financial Highlights for the First Six Months of Fiscal Year 2023 Total net revenues in the first six months of 2023 were US$4.09 million, representing an 83.69% period-over-period decrease from...

HANGZHOU, China, April 28, 2023 (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, 2022. Operational and Financial Highlights for Fiscal Year 2022 Total computing power sold in fiscal year 2022 was 0.41 million Thash/s, representing a year-over-year decrease of 72.27% from 1.47 million Thash/s in fiscal year...

HANGZHOU, China, March 14, 2023 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that its cryptocurrency exchange platform, Ebonex, has no exposure incurred in events relating to Silvergate Bank, Signature Bank and Silicon Valley Bank. Mr. Dong Hu, Chairman, Chief Executive Officer of the Company, commented, “We have been committed to providing customers with a safe trading...

HANGZHOU, China, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced that the Company’s shareholders have approved the 1-for-30 reverse split of its issued and outstanding ordinary shares (the "Reverse Stock Split") at the Company’s extraordinary general meeting on November 20, 2022 at 8:00 a.m. (Singapore Time). The Reverse Stock Split will become effective after...

HANGZHOU, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced its unaudited financial results for the first six months of fiscal year 2022. Operational and Financial Highlights for the First Six Months of Fiscal Year 2022 Total computing power sold in the first six months of 2022 was 0.32 million Thash/s, representing a period-over-period decrease of 60.00%...

SYDNEY, Australia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that its Australian cryptocurrency exchange platform, Ebonex, has collaborated with Mastercard to enable a new crypto-linked card. Ebonex allows customers to buy, sell and trade crypto assets. This collaboration with Mastercard will give Ebonex customers the flexibility to spend their crypto...

HANGZHOU, China, June 24, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON) (the “Company”, “we” or “our”), a global blockchain technology company, today announced that the Company had received a notification letter (the “Notice”), dated June 17, 2022, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement for continued...

HANGZHOU, China, June 16, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that the Company intends to obtain a Money Service Operator License (the “MSO License”) from the Hong Kong Customs and Excise Department. If and when obtained, the MSO License will allow the Company to operate a money service in Hong Kong as either a money changing service and/or a remittance...

HANGZHOU, China, April 29, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced its financial results for the fiscal year ended December 31, 2021. Operational and Financial Highlights for Fiscal Year 2021 Total computing power sold in fiscal year 2021 was 1.50 million Thash/s, representing a year-over-year increase of 200% from 0.50 million Thash/s in fiscal year 2020. Total...

HANGZHOU, China, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced the official launch of Ebonex Exchange, the Company’s cryptocurrency exchange in Australia, on February 15, 2022. Eligible participants in certain geographical regions will be able to register and trade by visiting the official website on www.ebonex.com.au or by downloading our app from the Apple...

HANGZHOU, China, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced that the Company’s wholly owned subsidiary Ebonex Australia Pty Ltd (“Ebonex Australia”) has received registration approval from Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange as of December 3, 2021. Mr. Dong Hu, Chairman and Chief Executive Officer...

HANGZHOU, China, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company” ), a blockchain technology company operating in the global market, today announced that it will hold its 2021 Annual General Meeting of Shareholders (the “2021 Annual Meeting”) on December 15, 2021 at 9:00 a.m. (Eastern Time), at the offices of Sullivan & Worcester LLP at 1633 Broadway, 32nd Floor, New York, NY 10019. Only record or beneficial owners of the Company’s Class...

HANGZHOU, China, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global application-specific integrated circuit (“ASIC”) chip design company and a manufacturer of high-performance Bitcoin mining machines, today announced its unaudited financial results for the first six months of fiscal year 2021. Operational and Financial Highlights for the First Six Months of Fiscal Year 2021 Total computing power sold in the...

HANGZHOU, China, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”), a blockchain technology company, today announced the results of a mediation related to a dispute from a sales contract with one of its customers. As disclosed in the Company’s recent annual report filed with the Securities and Exchange Commission (the “SEC”), on November 22, 2019, the Company brought a claim in the Hangzhou Intermediate People’s Court against one of its...

HANGZHOU, China, May 28, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”), a blockchain technology company, today issued a statement on the changes in regulatory landscape in China and their impact on the Company. As China's central government recently intensified a crackdown on bitcoin mining and trading, Ebang International Holdings, Inc. stressed in a latest statement that the crackdown has no direct or immediate impact on the company by...

HANGZHOU, China, April 30, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced its financial results for the fiscal year ended December 31, 2020. Operational and Financial Highlights for Fiscal Year 2020 Total computing power sold in fiscal year 2020 was 0.50 million TH/s, representing a year-over-year decrease of 91.64% from 5.97 million TH/s in fiscal year...

HANGZHOU, China., April 13, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”), a blockchain technology company, today issued an open letter from the Company’s chairman to shareholders. Dear Shareholders: Now that we are past the first quarter of 2021, I had planned to provide a shareholder update in connection with the upcoming filing of our annual report. As a result of some of the articles that surfaced last week and the input and questions that I...

HANGZHOU, China, April 09, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that it plans to address the shareholders in an open letter at the beginning of next week to respond to allegations in the short seller report issued by Hindenburg Research on April 6, 2021. In the open letter, the management will reaffirm its vision for the Company’s future and...

HANGZHOU, China, April 06, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”), a blockchain technology company, today issued the following statement in response to the short seller report issued by Hindenburg Research (the “Hindenburg Report”), a short selling research firm, on April 6, 2021. Based on the review by the Company’s management team, we believe that the Hindenburg Report contain many errors, unsupported speculations and inaccurate...