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SAI

SAI.TECH Global Corporation

https://sai.tech

Industry

Financial - Capital Markets

SAI.TECH Global Corporation operates as an energy-saving Bitcoin mining operator and a clean-tech company that integrates bitcoin mining, power, and heating industries. It is developing energy-saving solutions that can optimize costs of bitcoin mining and promote clean energy transition. Its solutions use proprietary liquid cooling and waste heat recovery technology for bitcoin mining machines, which utilizes waste heat generated from bitcoin mining ASIC chips. The company was founded in 2019 and is based in Singapore.

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SAI.TECH has signed a Memorandum of Understanding (MOU) with the Idaho Central Aquatic Center for the SAI US Idaho Node Project. The project aims to reduce CO2 emissions by recycling wasted computing heat, potentially lowering emissions by 96,000 pounds per month and reducing the aquatic center's heating expenses by over 40%.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 1:01 pm

SAI.TECH Global shares are trading higher following the company's Board authorization of a buyback of up to $1 million and up to 1 million shares.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 11:26 am

Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) surged 47.4% in pre-market trading after announcing that Darden Restaurants, Inc. (NYSE:DRI) will acquire Chuy's for $37.50 per share in cash, valuing the deal at approximately $605 million. Other notable pre-market movers include Onconetix, Inc. (NASDAQ:ONCO), Apollomics, Inc. (NASDAQ:APLM), and Leslie’s, Inc. (NASDAQ:LESL).

Portfolio Pulse from Avi Kapoor

July 18, 2024 | 10:00 am

SAI.TECH has announced a new share repurchase program, planning to buy back up to 1 million shares by January 2025.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:49 am

SAI.TECH Global shares are trading higher following the company's Board authorization of a buyback of up to $1 million and up to 1 million shares.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:35 pm

SAI.TECH Global has announced that its board has authorized a buyback of up to $1 million and up to 1 million shares.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 8:34 pm

SAI.TECH Global Corporation shares are trading higher after the company announced the signing of a Memorandum of Understanding with Al-Farabi Kazakh National University in Kazakhstan to bolster educational and scientific research initiatives in the region.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 8:09 pm

SAI.TECH Global Corporation (NASDAQ:SAI) has signed a Memorandum of Understanding with Al-Farabi Kazakh National University to enhance technological education and AI computing power in Kazakhstan.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 8:08 pm

Information Technology stocks experienced significant movements in Monday's intraday session, with notable gainers including Vuzix, LivePerson, and Maxeon Solar Technologies, among others, due to recent earnings reports and market activities. Conversely, Akoustis Technologies and other companies faced declines, with Akoustis's drop attributed to its Q3 earnings report.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 4:30 pm

In Monday's pre-market session, 12 Information Technology stocks showed significant movement. Gainers included Ascent Solar Technologies, Signing Day Sports, Squarespace, Mawson Infra Gr, Information Servs Gr, and Rubicon Technologies with notable increases. Losers comprised Alpha Technology Group, Soluna Holdings, AEye, BTCS, SAI.TECH Global, and Cyngn, all experiencing declines. Squarespace, Information Servs Gr, and Cyngn's movements were attributed to their recent Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 12:06 pm

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