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Asking-Auction Value Spread Reaches Historic Highs in Several Ag Equipment Markets

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LINCOLN, Neb., July 8, 2024 /PRNewswire/ — According to the newest Sandhills Global market reports, asking and auction values for used farm equipment in Sandhills marketplaces are continuing a downward trend. However, auction values are declining at a faster rate, driving an increasing gap between auction and asking values, especially among used combines, planting equipment, and 100-plus-horsepower tractors.

“The spread between asking and auction values has grown significantly over the past few months,” says TractorHouse Manager Ryan Dolezal. “While dealers have begun to cut prices, this spread exceeds historical values. Dealers should monitor these trends closely as we expect a large influx of equipment ahead of this year’s harvest season.”

This value spread is also occurring in Sandhills’ used construction equipment marketplaces such as MachineryTrader.com. “Heavy equipment inventory is still accumulating on dealers’ lots,” says Director of North American Construction Stephanie Olberding. “This is causing equipment value depreciation to accelerate further.”

The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage of asking values over auction values.

Additional Market Report Takeaways
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.

U.S. Used Tractors 100 Horsepower and Greater

Inventory levels in this category experienced a marginal month over month decrease in June but were up 40.37% compared to last year’s figure. Inventory levels are trending sideways.Values continued a downward trend in June. Asking values rose less than 1% M/M in June, were up 3.89% YOY, and are trending down.Auction values continue to fall faster than asking values, increasing the separation between the two, referred to as the EVI spread. Following consecutive monthly decreases, auction values fell 3.53% M/M and 6.09% YOY in June.EVI spread increased to 45% in June, exceeding the historic 39% peak for this category observed in 2015.

U.S. Used Planters

Following seasonal declines, used planter inventory levels ticked down 0.23% M/M in June but were up 16.22% YOY and are trending upward.After months of decreases, asking values decreased 1.65% M/M and remained nearly steady YOY with a marginal increase.Auction values increased 0.97% M/M, dropped 19.24% YOY, and are trending down.The rapid decline in auction values pushed the EVI spread wider. The EVI spread for the used planter market reached 73% in June, exceeding historic highs last seen in 2015.

U.S. Used Combines

The U.S. used combine market showed slight relief from inventory increases in June. Levels decreased 1.59% M/M, rose 11.1% YOY, and are now trending sideways.Asking values remained steady M/M and are trending sideways, but posted a noteworthy 11.24% YOY increase.Auction values followed months of declines with a 2.83% M/M decrease in June but remained 1.9% higher than the previous year’s figure.EVI spread has increased dramatically for used combines over the past few months, reaching 57% in June.

U.S. Used Compact and Utility Tractors

Inventory in the used compact and utility tractor market continued downward trends in June. Inventory levels decreased 1.27% M/M and rose 2.77% YOY.Following months of decreases, asking values were down 0.94% M/M and 3.21% YOY.Auction values dipped 0.56% lower M/M after months of decreases and fell 4.16% YOY.

U.S. Used Medium-Duty Construction Equipment

The used skid steer category has driven a surge in inventory level increases across the U.S. used medium-duty construction equipment market. In the overall market, inventory levels rose 7.56% M/M and 51.85% YOY, adding to consecutive months of increases.Asking values, following moths of decreases, ticked 0.74% lower M/M and dropped 7.16% YOY in June.Auction values also continued a trend of monthly decreases, dropping 2.27% M/M and 11.63% YOY in June.

U.S. Used Heavy-Duty Construction Equipment

Inventory continues a steady recovery in this market, but at a slower rate compared to medium-duty construction equipment. Inventory levels of used heavy-duty construction equipment rose 4.15% M/M and 21.02% YOY in June, adding more pressure on values, which remain on downward trends.Sandhills has observed several months of decreases in both asking and auction values. Asking values decreased by 1.91% M/M and 5.41% YOY in June.Auction values fell 2.92% M/M and 9.56% YOY in June.

U.S. Used Heavy-Duty Trucks

Inventory levels of used heavy-duty trucks decreased slightly M/M in June by 1.24%, increased by 0.7% YOY, and are now trending sideways.Values, meanwhile, continue trending down following months of decreases. Asking values decreased by 1.66% M/M and 17.6% YOY in June.Auction values dropped by 4% M/M and 20.18% YOY.

U.S. Used Semitrailers

Inventory levels of used semitrailers are nearing pre-COVID levels, driven primarily by increases in the dry van trailer category. Used semitrailer inventory levels dropped just 0.66% M/M but are trending up and were 26.81% higher YOY in June.After several months of decreases, asking values decreased 2.15% M/M and 19.55% YOY.Auction values have also experienced months of decreases. Auction values were down 0.33% M/M and 19.68% YOY in June.

U.S. Used Medium-Duty Trucks

Inventory levels in this category were up 2.65% M/M in June following months of increases and were 28.21% higher than last year.Rising inventory levels of medium-duty trucks continue to add pressure to asking and auction values, which are both trending downward. Asking values posted a marginal M/M increase in June, decreased by 12.85% YOY, and are trending down.After months of decreases, auction values dropped by 3.02% M/M and 16.37% YOY in June.

U.S. Used Lifts

Inventory levels of used lifts remain elevated while values continue downward trends. Inventory levels in this market were up 5.3% M/M and 11.29% YOY in June and are trending upward.Asking values dropped by 3.2% M/M and 9.05% YOY.Auction values fell 3.65% M/M and 14.78% YOY.

Obtain the Full Reports
For more information, or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.

About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.

About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.

Contact Sandhills
www.sandhills.com/contact-us
402-479-2181

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SOURCE Sandhills Global

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Bitmine Immersion Technologies Announces Cash Dividend of $0.1056 per Share of 9.50% Series A Perpetual Preferred Stock

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NORWALK, Conn., June 18, 2026 /PRNewswire/ — (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) announced today that its Board of Directors has declared a cash dividend of $0.1056 on the Company’s 9.50% Series A Perpetual Preferred Stock (the “Series A Preferred Stock”), which is listed on the New York Stock Exchange under the trading symbol “BMNP”.

The dividend will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The dividend will be paid on July 10, 2026 to holders of record of the Series A Preferred Stock as of the close of business on June 30, 2026.

About Bitmine

Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of “the alchemy of 5%,” the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.

For additional details, follow on X:

https://x.com/bitmnr
https://x.com/fundstrat

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. These forward-looking statements can be identified by terms such as “expects,” “projects,” “projected,” “intends,” “believes,” “anticipates,” “estimates,” and similar expressions. This document specifically contains forward-looking statements regarding the Company’s dividend payments on the Series A Preferred. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine’s ability to finance its current business, Ethereum treasury operations, and proposed future business; market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; regulatory developments affecting digital assets, including the ultimate enactment and implementation of pending legislation and SEC initiatives; the volatility and unpredictability of digital asset prices; the performance, reliability, and security of the Company’s staking operations; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine’s control, including those set forth in the Risk Factors section of Bitmine’s Form 10-K filed with the SEC on November 21, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of Bitmine’s filings with the SEC are available on the SEC’s website at www.sec.gov. Bitmine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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SOURCE Bitmine Immersion Technologies, Inc.

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Hyperscale Data Announces “At-the-Market” Offering of Common Stock

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LAS VEGAS, June 18, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), announced today that it has established an “at-the-market” equity offering program (the “Offering”) under which it may sell, from time to time, shares of its common stock for aggregate gross proceeds of up to $300 million. The shares of common stock will be offered through Spartan Capital Securities, LLC, which will act in its capacity as sales agent (the “Agent”).

Pursuant to a sales agreement with the Agent, sales of shares of the Company’s common stock may be made in transactions that are deemed to be “at-the-market” offerings, including sales made by means of ordinary brokers’ transactions on the NYSE American or otherwise at market prices prevailing at the time of sale or as agreed to with the Agent.

The Company intends to use a majority of the net proceeds from this offering, if any, to further develop its Michigan and Montana data facilities, to acquire more Bitcoin and to purchase precious metals, including gold, silver and/or copper. The Company also intends to use a smaller amount of the proceeds for working capital and general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of future indebtedness or capital stock. As of the date hereof, the Company cannot predict with certainty all of the particular uses for the net proceeds from this offering, if any. As a result, Hyperscale Data’s management will have broad discretion regarding the timing and application of the net proceeds from this offering.

The shares of common stock described above are being offered pursuant to a shelf registration statement (File No. 333-291595), which became effective on December 11, 2025.  Such shares of common stock may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Before making an investment in these securities, potential investors should read the prospectus supplement and the accompanying prospectus for more complete information about the Company and the Offering. Potential investors may obtain these documents for free by visiting EDGAR on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Alternatively, potential investors may contact the Agent, which will arrange to send them these documents:  Spartan Capital Securities, LLC, Attention: Eric Flesche, President, 45 Broadway, 19th Floor, New York, NY 10006, telephone: (212) 293-0123, eflesche@spartancapital.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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Ribbon and Comporium Expand Partnership to Advance Voice Infrastructure Modernization

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Delivers scalable, future-ready IP voice platform

PLANO, Texas, June 18, 2026 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in real-time communications technology and IP optical networking solutions, today announced that Comporium, a leading regional provider of broadband, voice, video and smart-home services, has selected Ribbon’s state of the art technology to further modernize its voice infrastructure.

“Ribbon is a trusted partner in our modernization journey, and we’re pleased to take this next step together to enhance the efficiency and scalability of our voice infrastructure,” said Mike Deller, SVP of Engineering and Planning at Comporium. “This investment supports our continued transition to a modern cloud-based environment, and reinforces our commitment to delivering reliable, high-quality services to our customers.” 

Ribbon is providing Comporium with a complete network transformation solution, including the vC20 Call Controller and Application Server. The solution is designed to enable significant reductions in footprint and power consumption compared to legacy TDM infrastructure and dedicated ATCA-based C20 hardware platforms. Ribbon’s industry leading professional services teams are supporting implementation and optimization.

“This expansion underscores the strength of our long-term partnership with Comporium,” said Elizabeth Page, Regional Senior Sales Director at Ribbon. “Our solutions are designed to help service providers modernize their networks, reduce operational complexity, and prepare for future needs, such as the expected transition of service provider interconnect to all-IP in the USA.”

About Ribbon
Ribbon Communications (Nasdaq: RBBN) is a global provider of voice communications software, IP routing, and optical networking to mobile and wireline service providers, enterprises, critical infrastructure and defense sectors. We support our customers’ Path to Autonomous Networks by leveraging the latest AIOps automation platforms and Agentic AI technologies, helping them deliver better customer experiences, reduce operational costs, and achieve sustainable growth. To learn more about Ribbon, visit rbbn.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact 
+1 (978) 614-8050
ir@rbbn.com    

Media Contact
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com

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SOURCE Ribbon Communications Inc.

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