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Bitcoin Miner IREN Surges on AI Cloud Contract Wins
IREN's stock jumped more than 20% over the past week, following news that the company secured new multi-year AI cloud contracts. In today's "Chart of the Day," presented by Crypto.com, CoinDesk's ...
Bitcoin miner TeraWulf plans to raise approximately $3 billion to expand its data center operations, with backing from Google (NASDAQ:GOOG), according to CFO Patrick Fleury. The debt is expected to be ...
As Bitcoin maintains its strong position at high price levels, the mining industry is witnessing another wave of growth. For traditional miners, hardware costs, electricity expenses, and maintenance ...
IREN is now focusing on building on top of its Bitcoin mining core revenues with AI infrastructure. They’re targeting over $500 million in AI Cloud ARR by Q1 2026. For now, Bitcoin mining remains ...
Google has helped strike another deal with a Bitcoin miner. On Thursday, Cipher Mining announced that it was leasing a data warehouse it owns in Colorado City, Texas, to an AI computing startup. The ...
CleanSpark Inc (NASDAQ:CLSK) shares are trading higher in Monday’s after-hours session after the company announced new financing to scale Bitcoin (CRYPTO: BTC) mining operations and energy portfolio.
Bankrupt Bitcoin mining firm Rhodium recently received a legal setback when the court ruled that certain holders should be treated as creditors. Rhodium is a Texas-based Bitcoin mining firm that filed ...
Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains. Strong Bitcoin miner and corporate BTC accumulation fuel ...
Key takeaway: American Bitcoin Corp. (ABTC), backed by Donald Trump’s sons, rose 9% after Dominari Holdings revealed a $170M stake. The miner only listed on Nasdaq earlier this month and has already ...
A Republican lawmaker has called for a federal review of two companies that manufacture Bitcoin mining hardware, saying that their increasing presence in the US could present a national security risk, ...
American Bitcoin Corp (NASDAQ: ABTC) experienced a 15% increase during Friday’s trading, elevating its market capitalization to approximately $6.6 billion. The recently listed cryptocurrency company ...
Eric Trump and Donald Trump Jr.’s stake in American Bitcoin is worth more than $1.5 billion after its roaring stock debut on Wednesday. The bitcoin-mining company more than doubled its value, soaring ...
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