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Hyperscale Data shut down its Michigan bitcoin mining facility to pivot toward AI infrastructure. The company liquidated 830 BTC worth $53 million over five weeks to fund the transition, keeping 275 …
Peter Schiff warns AI threatens Bitcoin by diverting speculative capital, electricity, and data-center capacity. Bitcoin miners are increasingly reallocating power toward AI infrastructure and sellin…
Cipher Digital is transitioning away from Bitcoin mining toward hyperscaler data center leasing. While current multiples reflect retired mining revenue and negative margins, upcoming contracted lease…
Mark Cuban warns Nvidia is bankrolling the AI boom like a circular IPO machine, citing IREN's $3.4B GPU cloud deal and stock option. IREN's spending far exceeds revenue, raising questions about AI fu…
IREN shares jumped 6% after Microsoft accepted its Horizon 1 AI data center under a $9.7B cloud deal, triggering monthly invoicing. NVIDIA's Exemplar Cloud status validates the GB300 NVL72 deployment…
Microsoft approved IREN's first AI data center (Horizon 1) under a $9.7B cloud deal, using Nvidia GB300 GPUs. This validates AI infrastructure demand and diversification away from Bitcoin mining amid…
Riot Platforms stock jumped 9% after signing a $9.1B, 20-year AI data center lease, likely with Anthropic. Q2 revenue rose 14% YoY, highlighting Riot's shift from bitcoin mining to AI infrastructure …
Riot Platforms stock jumped 17% after signing a $9.1B, 20-year data center lease with an AI firm (reportedly Anthropic), highlighting bitcoin miners' pivot to AI infrastructure amid crypto's slow dem…
Bullish thesis on IREN Limited highlights its pivot to AI Cloud infrastructure, $3.4B NVIDIA contract, Microsoft partnership, and 5GW power capacity, though execution risks and high short interest re…
Needham raised Bitdeer's price target to $22 on a $4.7B, 16-year data center lease with Volta in Norway. Volta launched with backing from Nvidia, a16z, Altimeter, and Michael Dell, alongside a $10B A…
IREN signed $2.8B in new AI cloud contracts, raising its 2026 ARR target to over $4B. Shares jumped 15% as the bitcoin miner pivots toward AI infrastructure, partnering with Microsoft and NVIDIA.
Terawulf (WULF) stock fell after announcing a $3.5B debt raise for a Kentucky AI data center anchored by an Anthropic lease, compounded by New York's new moratorium on hyperscale data center permits,…
Bank of America initiated coverage on TeraWulf with a 'Buy' rating, praising its strategic transition from volatile Bitcoin mining to high-performance computing and AI data center infrastructure.
TeraWulf surges 10% on plans for a 1GW AI/HPC data center campus in Kentucky. The facility will deliver 500MW by late 2028, with expansion to 1GW by 2030, reflecting the company's shift from Bitcoin …
Cantor Fitzgerald raised HIVE's price target to $4.60, citing growth in cloud-computing and AI data centre expansion. HIVE announced a $58M Toronto facility with 320MW capacity, potentially generatin…
Bitcoin miners are pivoting to AI due to higher profitability per megawatt, raising concerns over Bitcoin network security. Difficulty adjustments may balance mining incentives, while current price g…
Nvidia CEO highlights skyrocketing demand for AI computing power and announces next-gen chips delivering five times performance, signaling strong growth prospects ahead.
Google backs a $7 billion AI data center lease at Hut 8, marking crypto miners’ strategic shift toward AI infrastructure amid challenging Bitcoin mining conditions.