IREN Enters Europe via Nostrum Acquisition to Accelerate AI Cloud Infrastructure Expansion
Pivoting from volatile crypto mining to contract-based compute revenue, the firm scales its global power portfolio to 5 gigawatts.
Tether Consolidates Control of Twenty One Capital in SoftBank Stake Buyout
Tether has officially strengthened its grip on Twenty One Capital by buying out SoftBank’s massive equity position. The transaction underscores Tether’s long-term conviction in building a publicly traded Bitcoin powerhouse that merges treasury operations, mining, and financial services.
Canaan Posts $88.7M Net Loss in Q1 2026 as Equipment Sales Plummet 75%
Squeezed profit margins and a collapse in hardware demand have dragged down Canaan’s first-quarter financials, reflecting broader headwinds across the crypto-mining sector as giants like MARA post steep losses.
Trump-Backed American Bitcoin Slashes Mining Costs by 23% in Q1 Defying AI Pivot
American Bitcoin (ABTC) reduced its cost per coin to $36,200 in Q1, positioning the Trump-linked miner as a low-cost leader while the broader industry pivots toward AI.
Core Scientific Shares Slide 7% Despite Revenue Growth as Net Losses Mount
Bitcoin miner Core Scientific reported a $347 million net loss in Q1 2026, driven by non-cash impairments, even as revenue climbed on the back of its surging colocation business.
Tether Reimagines Bitcoin Mining with Modular High-Density Compute Systems
By
David Walker
Tether is moving beyond its stablecoin roots to disrupt the Bitcoin mining industry, partnering with Canaan to build modular, immersion-cooled hardware that separates compute from power for industrial-scale efficiency.
Core Scientific Pivots to AI with Massive 1.5GW Data Center
Bitcoin miner Core Scientific is repurposing its mining capacity for a 1.5 gigawatt AI data center campus in Texas, backed by a multibillion-dollar funding round.
Eric Trump’s American Bitcoin Jumps 12% After Boosting Mining Capacity
American Bitcoin shares surged after the company increased its mining capacity and expanded its fleet, strengthening its position in the Bitcoin market.
Tether Buys 8.2% Stake in Bitcoin Mining Lender Antalpha
Tether has taken a significant stake in Antalpha, deepening its exposure to Bitcoin mining finance as it continues to diversify investments.
HIVE Plans $75M Raise to Accelerate AI and Data Center Expansion
HIVE Digital Technologies is seeking $75 million to fund GPU purchases and data center growth as it continues its transition from Bitcoin mining to AI infrastructure.
Bitcoin Mining and AI Diverge on Decentralization Paths, Research Suggests
Bitcoin mining is becoming more centralized while AI may shift toward decentralization through edge computing, according to new research.
Bitdeer to Build Norway’s Largest AI Data Center for Nvidia Chips
By
David Walker
Bitdeer partners to build Norway’s largest AI data center, pivoting from bitcoin mining to support Nvidia’s next-gen AI infrastructure.
BitFuFu Cuts Self-Mined Bitcoin Output, Bets on Cloud Mining Growth
BitFuFu slashes self-mining output in 2025 as cloud mining becomes its primary revenue driver amid rising difficulty and lower returns.
Bitcoin Miners Help Drive Nuclear Power Revival as AI Energy Demand Surges
Rising energy demand from artificial intelligence data centers is accelerating interest in nuclear power. Bitcoin miners were early adopters of nuclear energy for high-performance computing infrastructure.
Bhutan Moves $11.8M in Bitcoin from State Holdings
Bhutan has transferred 175 BTC from its national crypto reserves, according to blockchain analytics data. The move follows a series of periodic sales tied to the country’s state-backed mining program.
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