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Prairie Operating Co. Stock Price, News & Analysis

CRKR OTC

Welcome to our dedicated page for Prairie Operating Co. news (Ticker: crkr), a resource for investors and traders seeking the latest updates and insights on Prairie Operating Co. stock.

Prairie Operating Co. (CRKR) maintains an active presence in energy markets through strategic developments in oil, gas, and natural gas liquids. This news hub provides investors and industry observers with timely updates on the company's operations in the DJ Basin, including the Niobrara and Codell formations.

Our curated collection offers essential insights into CRKR's financial announcements, asset acquisitions, and operational milestones. Users will find comprehensive coverage of earnings reports, partnership developments, and production updates that reflect the company's disciplined approach to energy asset management.

The page features verified information on drilling operations, regulatory compliance efforts, and capital allocation strategies. Regular updates ensure stakeholders stay informed about CRKR's progress in maintaining operational efficiency while navigating commodity market dynamics.

Bookmark this resource for direct access to Prairie Operating Co.'s official communications and third-party analysis. Check back frequently to monitor developments in natural gas production, resource development strategies, and other critical aspects of CRKR's energy sector activities.

Rhea-AI Summary

Creek Road Miners, Inc. (OTCQB:CRKR) has secured 600 ANTMINER S19 XP cryptocurrency miners from Bitmain Technologies. The S19 XP features a hash rate of 140 Th/s and a power efficiency of 21.5 j/Th, consuming 3010W of power. This acquisition aligns with the company's Five Cornerstone Strategy for operational scaling. CEO Scott D. Kaufman emphasized the importance of Bitmain’s support in achieving strategic growth. Creek Road Miners focuses on leveraging mobile power generation and mining facilities to utilize stranded natural gas for revenue generation.

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Creek Road Miners (OTCQB:CRKR) announces a significant expansion in cryptocurrency mining capabilities, expecting delivery of a new Modular Data Center and additional miners. The company has ordered 270 S19j Pros (100Th/s) and 270 S19s (90Th/s), and is in talks for 540 S19 XPs (140Th). This expansion could lead to a nearly 500% increase in hashing power within months, aiming to add over 125 Ph/s to existing operations. The focus is on scaling mining operations and acquiring energy assets to improve revenue streams.

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Creek Road Miners, Inc. (OTCQB: CRKR) plans to uplist from OTC to NYSE American to enhance growth. The CEO, Scott D. Kaufman, highlights this move supports their strategy to acquire traditional energy assets for cryptocurrency mining operations. While this uplisting could significantly boost visibility and credibility, it is contingent upon meeting exchange requirements and receiving approval. There are no guarantees on the outcome of this application, emphasizing the inherent uncertainties in such strategic transitions.

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Creek Road Miners (OTCQB: CRKR) announced the acquisition of a second mobile data center for bitcoin mining, enhancing its capacity to 27 Petahash per second (Ph/s). This facility will increase the total mining capacity to 51 Ph/s with 520 Antminer S19j Pro miners. The company is focused on a growth strategy based on vertical, energy, geographic, cryptocurrency, and revenue diversification. Its first modular facility is operational in Louisiana, and efforts are underway to expand geographically.

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Creek Road Miners (OTCQB:CRKR) has announced the acquisition of its second mobile data center, enhancing its bitcoin mining capacity to 27 Petahash per second (Ph/s). This new facility, coupled with its existing one in Louisiana, is projected to total a capacity of 51 Ph/s with 520 Antminer S19j Pro miners. The company focuses on a strategy of vertical integration, energy and geographic diversification, cryptocurrency diversification, and revenue diversification as it aims for accelerated growth in the competitive cryptocurrency market.

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Creek Road Miners, Inc. (OTCQB:CRKR) has announced the successful completion and deployment of its first commercial-scale cryptocurrency mining facility. Mining at a rate of 16 Petahash per second, the company has generated its initial Bitcoin revenue. This unique mobile operation utilizes Antminer S19 Pros and is powered by a one-megawatt natural gas turbine from Capstone Green Energy Corporation (NASDAQ:CGRN). The facility's mobility allows it to capitalize on unutilized energy sources, enhancing operational flexibility.

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Creek Road Miners, Inc. (CRKR) has received its first commercial-scale batch of Antminer S19 Pro cryptocurrency miners from Bitmain Technologies. This deployment is part of a proof-of-concept initiative, with the company planning to launch its inaugural facility soon. The S19 Pro features a hash rate of 110 TH/s and efficiency of 29.5 J/TH, positioning Creek Road Miners for growth. Chairman Scott D. Kaufman highlighted this delivery as a significant milestone, indicating an expansion of their crypto-mining infrastructure.

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Creek Road Miners, Inc. (OTCQB: CRKR) has announced the divestiture of its interest in Jevo Holdings, LLC, focusing on its cryptocurrency mining operations. This strategic move raises additional capital to support its streamlined business model. CEO Scott D. Kaufman emphasized that the transition to cryptocurrency mining was positively received by shareholders. The company aims to enhance its position in the crypto sector by leveraging underutilized resources for ESG-focused mobile bitcoin mining facilities across the United States.

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Creek Road Miners, Inc. (OTCQB:CRKR) has announced a strategic shift from live events to cryptocurrency mining operations. Under the leadership of CEO Scott D. Kaufman, the company sold its event production rights to Fan Expo and is focusing on establishing a mining business leveraging stranded natural gas for energy. Creek Road plans to deploy 160 miners and has secured funds exceeding $3.5 million. The initiative aims to control energy costs and maintain dual revenue streams, while managing potential logistic delays due to COVID-19.

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Creek Road Miners, Inc. (OTCQB:CRKR), formerly known as Wizard Brands, Inc. (OTCQB:WIZD), announced a name and ticker symbol change effective September 3, 2021. The rebranding reflects the company’s commitment to expanding its cryptocurrency mining operations. No action is required from existing shareholders regarding the ticker symbol change. The Company aims to develop ESG-focused mobile bitcoin mining facilities in strategic locations within the United States, utilizing energy that would otherwise be wasted during oil production.

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FAQ

What is the market cap of Prairie Operating Co. (crkr)?

The market cap of Prairie Operating Co. (crkr) is approximately 97.8M.
Prairie Operating Co.

OTC:CRKR

CRKR Rankings

CRKR Stock Data

97.81M
23.74M
45.56%
16.19%
Capital Markets
Financial Services
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United States
Oklahoma City