Markets2m read
TeraWulf Seeks $3.5 Billion Debt Financing for Anthropic-Leased Data Center
Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing, led by Morgan Stanley, for its Kentucky data center leased by AI firm Anthropic.
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Markets2m read
Bitdeer Stock Jumps 14% on $36 Million Nevada Manufacturing Facility for SEALMINER Machines
Bitdeer's stock surged by 14% after announcing a $36 million Nevada facility for producing SEALMINER Bitcoin mining machines.
Markets2m read
MARA Shares Surge 15% Following 2 GW Texas Infrastructure Deal for AI Expansion
Bitcoin miner MARA saw its shares surge 15% after announcing a 2 GW Texas site acquisition for AI and digital infrastructure expansion.
Markets2m read
TeraWulf Shares Jump Following $19 Billion Anthropic AI Lease and Data Center Divestment
Bitcoin miner TeraWulf secured a $19 billion, 20-year AI infrastructure lease with Anthropic and sold its majority stake in an AI data center JV.
Markets2m read
TeraWulf Secures $19 Billion AI Data Center Lease with Anthropic
Bitcoin miner TeraWulf secured a 20-year, $19 billion lease with AI firm Anthropic for its Kentucky campus, marking a major strategic pivot.
Bitcoin2m read
SBI Crypto to Cease Bitcoin Mining Pool Operations by July 31, Affecting 2% of Global Hashrate
SBI Crypto will discontinue its Bitcoin mining pool operations, which represent approximately 2% of the global hashrate, by July 31.
Bitcoin2m read
SBI Crypto to Cease Bitcoin Mining Pool Operations After Five Years
SBI Crypto will shut down its Bitcoin mining pool on July 31 after five years, which held 2.2% of the global hashrate.
Markets2m read
Bitcoin Miners' Power Infrastructure Becomes Key Asset for AI Companies Amid Energy Crunch
Bitcoin miners' existing power infrastructure is becoming a critical asset for AI companies facing a significant power shortage.
Markets2m read
Celsius-Linked Bitcoin Miner Ionic Digital Seeks Nasdaq Direct Listing, Pivots to AI
Ionic Digital, a Bitcoin mining firm associated with the bankrupt Celsius, is pursuing a Nasdaq direct listing while repurposing its infrastructure for AI and HPC workloads.
Markets2m read
Hut 8 Settles Investor Lawsuit for $2.35 Million Over U.S. Bitcoin Corp. Merger
Crypto mining firm Hut 8 has agreed to pay $2.35 million to settle an investor lawsuit related to its 2023 merger with U.S. Bitcoin Corp.
Bitcoin3m read
JPMorgan: Bitcoin Mining Network Increasingly Sensitive to Price Swings
JPMorgan reports that Bitcoin mining's hashrate and difficulty are now more responsive to price swings as more miners operate near breakeven.
Markets3m read
Crypto Business Brief: Miners Eye AI, RWAs Surge, Ripple Expands, SBF Appeal Denied
Bitcoin miners are increasingly exploring AI, tokenized real-world assets hit $43 billion, Ripple strengthens its African network, and Sam Bankman-Fried's appeal is denied.
Bitcoin3m read
Bitcoin Miners Face Sustained Pressure as Costs Outpace Price for Five Months
Bitcoin miners are experiencing significant financial strain as the digital asset has traded below its average production cost for five consecutive months.
Markets3m read
Bitcoin Miners Face Billions in Funding Gaps for AI Infrastructure Pivot
Bitcoin mining companies, led by IREN, require billions in capital to transform their operations into high-demand AI data centers.
Markets2m read
Bitcoin Miner Iris Energy Expands to Europe, Pivots to AI Cloud with Nostrum Acquisition
Bitcoin mining firm Iris Energy is expanding into Europe with the acquisition of Nostrum in Spain, adding 490 MW of power and accelerating its pivot to AI cloud services.
Markets3m read
Nvidia's $20 Billion Bond Sale Fuels Bitcoin Miners' AI Ambitions
Nvidia's substantial bond issuance underscores booming AI demand, providing a strong signal for Bitcoin miners diversifying into AI data centers.
Markets3m read
Nvidia's Massive Bond Sale Underscores AI Boom, Bolstering Bitcoin Miners' Strategic Shift
A significant bond issuance by Nvidia highlights robust demand for AI infrastructure, strengthening the case for Bitcoin miners diversifying into AI data centers.
Bitcoin3m read
Bitcoin Mining Difficulty Plummets 10% in Significant Network Adjustment
The Bitcoin network recently saw its second-largest downward difficulty adjustment this year, reducing mining effort by 10% and impacting miner profitability.
Markets3m read
Blockware Appoints Megan Brooks-Anderson as CEO, Pivots to AI/HPC
Blockware, a leading infrastructure platform, has appointed Megan Brooks-Anderson as its new CEO, signaling a strategic push into AI/HPC alongside its core Bitcoin mining operations.
Bitcoin3m read
Tether-Backed Adecoagro to Power Bitcoin Mining with Sugarcane Waste in Brazil
Agribusiness giant Adecoagro, with significant backing from Tether, is set to launch a sustainable Bitcoin mining operation in Brazil using energy derived from sugarcane byproducts.
Markets2m read
Iris Energy Unveils Massive 800MW AI Data Center Campus in South Australia
Crypto infrastructure firm Iris Energy, known as IREN, announced plans for a significant 800-megawatt artificial intelligence data center campus in Australia.
Bitcoin2m read
Bitcoin Miner Hive Digital Pivots to AI, Eyes Canada's Largest Private AI Data Center
Bitcoin mining firm Hive Digital Technologies reported significant revenue growth last year while aggressively expanding into AI infrastructure with a new large-scale data center.