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SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ:SAIH), today reported audited financial results for the fiscal year ended December 31, 2024. Financial Highlights for the Year Ended December 31, 2024 Total revenues were US$5.54 million, representing a decrease of 18% compared to US$6.78 million in 2023 primarily due to revenue decreases across business segments of sales of products, hosting service and mining pool, which was partially offset by 125% revenue increase from mining revenue for the year ended December 31, 2024. Gross loss was US$1.01 million, compared to gross profit of US$0.46 million in 2023. Net loss was US$5.89 million,
SINGAPORE, April 23, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW)), announced that the Company has been covered by uSMART Securities for launching an initial equity research report coverage on March 26, 2025. Click Here to view the full equity research report. Company Highlights: SAIH: A Hybrid Computing Provider and Energy Infrastructure Play at the Forefront of AI Acceleration SAIHEAT is a computing and energy operator providing bitcoin (BTC) and AI computing services, in addition to liquid cooling and modular nuclear power solutions. As an emerging AI and BTC computing provider, SAIHEAT is capitalizing on the exponential growth in compu
SINGAPORE, March 31, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW)), announces the sale of 40MW of cutting-edge liquid-cooling container products to one of the subsidiaries of Bitdeer Technologies Group ("Bitdeer") (NASDAQ:BTDR). The liquid-cooling containers are designed to host Bitdeer's high-performance SEALMINER mining rigs and will be deployed at Bitdeer's new data center. The Company expects to deliver these containers to Bitdeer beginning in April 2025 and complete the deployment within three months. With the order secured, the Company believes that it will significantly expand its sales of equipment business and make positive contribu
SINGAPORE, March 31, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW)), announces the sale of 40MW of cutting-edge liquid-cooling container products to one of the subsidiaries of Bitdeer Technologies Group ("Bitdeer") (NASDAQ:BTDR). The liquid-cooling containers are designed to host Bitdeer's high-performance SEALMINER mining rigs and will be deployed at Bitdeer's new data center. The Company expects to deliver these containers to Bitdeer beginning in April 2025 and complete the deployment within three months. With the order secured, the Company believes that it will significantly expand its sales of equipment business and make positive contribu
SINGAPORE, Jan. 24, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) ("SAIHEAT" or the "Company") (NASDAQ:SAIH, SAITW)), announced the naming of Alexandre Nakata Ezzidi as its Nuclear Energy Strategy Consultant. In this role, Alex will focus on assessing opportunities to expand the company's small modular reactor market presence across Asia and internationally. Alex Nakata Ezzidi is a next-generation nuclear energy system safety expert with over 40 years of expertise, primarily in severe accident analysis for various water reactor designs, including PWR, BWR, ATR, APWR, SPWR, EPR, and ATMEA. He holds a degree in Nuclear Reactor Engineering from the French Atomi
6-K - SAIHEAT Ltd (0001847075) (Filer)
20-F - SAIHEAT Ltd (0001847075) (Filer)
6-K - SAIHEAT Ltd (0001847075) (Filer)