Key Highlights: Publicly traded Bitcoin mining companies secured over $70 billion in AI and high-performance computing (HPC) deals by the end of March, according to CoinShares data. A survey by Luxor across more than half of its roughly 2-gigawatt software footprint revealed that despite sufficient power and fiber, extensive data center rebuilds are required to ...
Key Highlights: Luxor is expanding its core infrastructure offerings by brokering AI servers and graphics processing units (GPUs) alongside its existing digital mining operations. The firm is rolling out financial derivatives tied to computing capacity, including over-the-counter options and forward contracts linked to compute rental indexes. The pivot aligns with a massive broader industry shift, ...
Key Highlights Publicly traded bitcoin miners have secured more than $70 billion in artificial intelligence (AI) and high-performance computing (HPC) contracts while offloading over 15,000 BTC to finance facility construction. High infrastructure expenses create significant capital strain, with AI-ready data centers costing between $8 million and $15 million per megawatt, compared to $700,000 to $1 ...
Key Highlights: IREN’s AI cloud services revenue surged to $128.8 million in fiscal year 2026, though the firm posted a net loss of $702.6 million driven by $638.8 million in non-cash impairments from decommissioning mining rigs. Bitcoin miners face steep production deficits, with Q2 2026 Bitcoin prices ($58,400) trailing cash mining costs ($75,500), accelerating operational ...
Key Highlights Riot Platforms fully repaid its $200 million Bitcoin-backed credit facility from Coinbase Credit on September 21, 2025, releasing 5,821 BTC, USDC, and cash held as collateral. The repayment carried no early termination fee and followed an April 2026 amendment that fixed the interest rate at 6.15% annually, replacing the original floating rate. Simultaneously, ...
HIVE Digital Technologies Reports $1 Million Daily Revenue Average, Driven by Bitcoin Mining HIVE Digital Technologies disclosed that its combined Bitcoin mining and GPU cloud operations generated more than $1 million in average daily revenue from August 21 through September 10, offering a concrete measure of how the company’s artificial intelligence pivot is contributing to ...
Bitcoin surged 21.5% between the Aug. 17 and Aug. 21 closes, but six of the seven major U.S.-listed Bitcoin miners ended the same trading period…