Hyperscale Data sold 685 bitcoin for approximately $43 million as it reduced debt and funded its Michigan AI data center.
In May 2025, Keel's CEO said firm's bitcoin business was “strong” and said company remained “bullish on mining economics."
Benchmark sees over 150% upside for Bitdeer as bitcoin mining operations fund its $4.7 billion AI data-center buildout.
The deal includes two five-year extension options that could raise the potential contract value to $16.1 billion.
Like many other Bitcoin miners, Keel has been shifting its focus from mining in favor of becoming a supplier of AI infrastructure.
The company is focused increasingly focused on becoming a provider of AI infrastructure, expanding beyond its core bitcoin mining business.
Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.
Bernstein rates CleanSpark Outperform at $24 on AI lease progress, while keeping MARA at $17 as it awaits its first commercial AI contract.
MARA's net loss widened to $611.3 million, or $1.60 per diluted share, while CleanSpark’s was $239.8 million, or $0.89 per basic share.
MARA's net loss widened to $611.3 million, or $1.60 per diluted share, while CleanSpark’s was $239.8 million, or $0.89 per basic share.
HPC leasing accounted for roughly 71% of TeraWulf's $44.8 million in Q2 revenue, up from 62% in the prior quarter.
Bitcoin miner Bitdeer shares jump after disclosing $4.7 billion AI data center lease terms with Volta in Norway.
Fortitude Mining completed the cash acquisition of a 12.5 MW mining facility for a net outlay of about $4.7 million after credits.
American Bitcoin expanded its reserve to 8,002 BTC after a record 932 BTC mined in Q2, with revenue rising 8% to $67 million.
Owning shares in these companies fit into Aschenbrenner’s belief power and data-center capacity will be critical to scaling AI.
The new Zcash miners are scheduled to ship in Q4and will be deployed across Fortitude's more than 60 MW of power capacity.
Hyperscale Data sold 100 bitcoin and opened a credit facility to fund its Michigan AI data center campus build.
Bernstein values Core Scientific's AMD deal at $14B over 15 years, with AMD backstopping a neocloud lease and holding warrants for 30M CORZ shares.
Runets and his company were reportedly involved in a deal with local conglomerate En+ that resulted in $12.5 million in damages.
Ionic Digital was formed from Celsius Mining’s assets and later took direct control of its sites from Hut 8.
The “privately funded" Texas campus is expected to generate a minimum of $130 million for McGregor's local tax base, Galaxy said.
Fortitude expects its new 12-megawatt mining facility to cut its direct cash mining cost from about $70 to roughly $40 per ZEC.
Core Scientific and AMD partner on 500 MW of U.S. AI data-center capacity from 2027, scalable to 2.5 GW, with warrants to buy CORZ stock.
Poolin Technology filed for Chapter 11 with $173 million in claims, lining up a $52 million stalking-horse bid for its Texas mining assets.
Hut 8 and IREN shares climb on fresh AI data center deals worth billions as the bitcoin-to-AI pivot continues to accelerate.
Bernstein pegs TeraWulf at 5% and Cipher at 4% stabilized ROA, calling Core Scientific's 75% figure a capex-advantaged outlier.
CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June despite mining difficulty dropping more than 10%.
The deal isn't an upfront purchase, but is structured instead as up to $600 million in milestone-based payments
Former Digital Realty executive Ganesh Aiyer will lead Keel's commercial growth and power pipeline expansion.
Anthropic will lease at TeraWulf's Justified Data site in Hawesville, Kentucky, which is expected to provide 401 MW of IT load.