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Crypto Miner Pivots to AI Data Centers Amid Fleet Upgrades and BTC Hedging

Moby Read original source (opens in a new tab)
The Story

News Summary

  • A Bitcoin miner reported fleet restructuring losses and lower production as it pivots toward AI infrastructure and GPU colocation.
  • The firm implemented Bitcoin hedging strategies, lowered average mining costs to $73,313 per coin, and held 1,056 BTC alongside $23 million in total liquidity.
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76409.70 +11.10% over the displayed period

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