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Poolin entered Chapter 11 with about $173 million in obligations and a $52 million stalking-horse bid for its West Texas bitcoin mining assets. ...
Bitcoin mining and AI-infrastructure stocks rose despite a Nasdaq selloff, supported by new multibillion-dollar data-center contracts. ...
Bitdeer Technologies Group mined 990 bitcoin in June, up 7.5% from the previous month, as the company continued deploying its proprietary mining machines while expanding its artificial-intelligence cloud business.
Big Digital and 10NetZero acquired a Texas site for $10 million, targeting up to 300 MW of AI and HPC data center capacity. ...
Hut 8 Corp. (Nasdaq, TSX: HUT) announced the full commercialization of its Beacon Point AI data center campus located in Nueces County, Texas. This follows the execution of a second 15-year triple-net lease valued at $9.8 billion. The deal doubles the IT capacity footprint for the existing tenant, adding 352 megawatts (MW) to their previous commitment.
Soluna Holdings has appointed former Microsoft data center construction executive Ryan Carver as chief development officer, adding hyperscale development experience as the bitcoin mining operator advances two planned artificial intelligence and high-performance computing campuses in Texas.
IREN has appointed former Nutanix security executive Eric Hammersley as chief information security officer, adding another senior hire as the company expands its AI cloud business across data center infrastructure, computing hardware and software.
Galaxy Digital has appointed former Xerox Chief Executive Officer Steven Bandrowczak to its board of directors, adding an enterprise-technology veteran as the company expands beyond digital assets into large-scale data center infrastructure.
Meta is expanding its Louisiana AI data center to 5 GW in a more than $50 billion buildout, supported by major power and infrastructure investments. ...