While BTC has rebounded above $87,000 after a harsh selloff, analysts say liquidity has returned without momentum.
The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.
TeraWulf has shared plans for a $500 million convertible note offering to fund a new Texas data center, extending its AI-focused expansion.
Benchmark’s revised model values Bitdeer at six times projected 2026 revenue, citing improving unit economics and AI buildout timelines.
CleanSpark joins other bitcoin miners exploring AI data-center conversions as traditional compute assets command steep valuation premiums.
MARA Holdings raised $940.5 million in net proceeds to restructure previously issued debt securities and finance additional bitcoin purchases.
Cango Inc. generated 147 bitcoin this week and now holds 4,387 BTC, as the restructured miner joins MARA and CleanSpark in surpassing 50 EH/s of hashrate.