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TeraWulf Inc. reported total revenue of $34.0 million for the three months ended March 31, 2026, including $12.99 million from digital asset revenue and $21.02 million from HPC lease revenue. The company incurred a net loss of $427.6 million, significantly higher than the $59.6 million loss in the prior year period, driven by increased operating expenses, depreciation, impairment charges, and interest expense.
IREN stock jumped 16% Friday morning as investors cheered the company’s accelerating AI expansion, which now includes decommissioning Bitcoin mining hardware an...
HIVE Digital Technologies said Friday it is investing in new fiber infrastructure at its Grand Falls, New Brunswick campus as the Bitcoin miner continues repositioning itself toward AI and high-performance computing services.
IREN signed a five-year, $3.4 billion AI cloud contract with NVIDIA while deepening a broader strategic partnership that could see the chipmaker invest as much as $2.1 billion into the data center operator, underscoring how Bitcoin miners are increasingly repositioning themselves as AI infrastructure providers.
MARA Holdings is seeking bondholder approval to avoid triggering a mandatory debt buyback tied to its proposed acquisition of the Long Ridge natural gas-powered data center and energy assets, according to a company statement released Thursday.
Soluna Holdings completed the $53 million purchase of the Briscoe Wind Farm, a move that integrates renewable power generation with its digital infrastructure operations. During the same period, the company acquired full ownership of Project Dorothy 1A and expanded its hosting partnership with Blockware Solutions, which now exceeds 17 MW of total capacity.
This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting, curating the latest news in energy, bitcoin, and AI compute from Th...
American Bitcoin effectively secured a steep discount on a February Bitmain miner purchase after pledging Bitcoin collateral valued far above the cryptocurrency...
Core Scientific is accelerating its expansion into AI infrastructure while continuing to wind down its legacy bitcoin mining operations, as the company disclose...