The analyst framed some bitcoin mining sites as infrastructure assets, lifting CIFR and WULF shares while MARA lags.
Miners are facing significant challenges, with bitcoin revenue per petahash falling by half from a peak of $70 to $35.
The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.
Larger rival Sberbank beat Sovcombank to the punch, but it's still running as a pilot program.
Also: Open-source alternative for bitcoin miners, EF’s quantum-computing team and a new lending protocol for XRP
Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.
The acquisitions bring TeraWulf’s capacity to 2.8 gigawatts as it targets major infrastructure expansion to supply power-hungry computing demand.
Stablecoin issuer Tether said its new MiningOS is a modular, self-hosted software stack built to run mining operations from small home rigs to multi-site industrial setups.
In its fourth quarter earnings report, Meta said capital spending plans for 2026 should be in the range of $115-$135 billion, well ahead of consensus forecasts.
Anthropic is set to raise $20 billion in its latest funding round, double the amount it initially targeted, according to the FT.
KBW's Stephen Glagola said that turning business models toward AI and HPC may take longer to pay off than the market expects.
Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.
The Shark Tank investor is preparing shovel-ready sites for bitcoin miners and data centers, betting that infrastructure — not tokens — will drive the next wave of value.
The company sold nearly $100 million of bitcoin to fund the purchase of its 200-acre Rockdale site and signed a leasing agreement with Advanced Micro Devices that could deliver $1 billion in revenue.
U.S.-listed bitcoin miners entered 2026 with rising revenues, improving margins and recovering valuations, setting a more constructive near-term backdrop.
BlackRock is telling clients to stop looking at artificial intelligence as software and start treating it as energy. In its 2026 Global Outlook, the BlackRock Investment Institute argued that the AI buildout is pushing against physical limits and highlighted electricity as the constraint investors are underpricing. The report’s headline-grabber is its warning that AI-driven data […]
The post BlackRock warns crypto’s love affair with AI is over as an energy war with Bitcoin miners begins appeared first on CryptoSlate.
Miners that look like infrastructure companies may win, while those that rely on pure mining margins face a tougher 2026.
Mining profitability also declined last month, with daily block reward revenue down 7%, and 32% year-on-year.
The company is selling the site to the Sympatheia Power Fund, managed by Singapore-based Hawksburn Capital.
The bank raised its its price target on the shares to $24 from $9.50.
Sberbank used its in-house crypto custody tool to back a loan for mining firm Intelion Data, signaling broader interest in crypto lending.
Megawatts are still trading hands, and the AI trade is very much alive, according to investment banker Joe Nardini, as miners pivot to HPC and buyers chase scarce power.
Shares of the bitcoin miner jumped higher last week on its $7 billion pact with Google-backed Fluidstack.
The co-founders and co-CEOs of IREN Limited have transformed the bitcoin mining firm into an AI infrastructure powerhouse.
The bank kept its buy rating on the stock and $74 target, citing a Microsoft GPU ramp and ample funding options.
Bitcoin usage still skews toward long-term storage, as seen in how much BTC sits unmoved, says Terahash co-founder Hunter Rogers. But this behavior preserves individual wealth while starving the network.
Chipmaker Broadcom's 10% slide weighs on the market as Chicago Fed's Goolsbee signals more cuts than the median for 2026.
The bank’s volatility-adjusted bitcoin-to-gold model still points to a theoretical price around $170K over the next six to twelve months.
Authorities released a report revealing 14,000 illegal bitcoin miners siphoned electricity from the national grid worth $1.1 billion since 2020.
The pivot to AI comes with risks, including heavy borrowing and concerns about sustainability, with potential shortfalls if demand for AI slows.