Bitcoin Mining

From smelters to servers: Alcoa to cash in on crypto’s thirst for energy
Alcoa is in advanced negotiations to sell its dormant Massena East smelter in upstate New York to Bitcoin mining firm NYDIG.

TeraWulf stock declines on $900 million share sale to fund AI data center expansion
The shares had been on a big run higher, rising more than 50% since late March.

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.
The kingdom's holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.

Are AI giants coming for bitcoin miners' power?
Anthropic's multi-gigawatt compute deal with Google and Broadcom highlights how AI companies are now directly competing with bitcoin miners for the same energy infrastructure. Several major miners have already started converting capacity to AI hosting, but does this mean that bitcoin mining is dying? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Solo bitcoin miner overcomes 1-in-28,000 odds to secure $210,000 block reward
The win landed the same week listed miners Riot, MARA, and Genius Group disclosed selling more than 19,000 BTC from their treasuries.

Cango raises capital as it faces NYSE delisting risk with shares below $1
The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.

Bitfarms targets zero bitcoin on the balance sheet as it pivots to AI
The company is actively selling bitcoin and redeploying capital into AI-focused data centers as part of a broader transformation away from mining.

Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI
The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.

Cipher Digital stock rises 9% on new data center deal with Hyperscale tenant
The new 15-year hyperscale lease and $200 million in financing underscore the push into AI data centers.

Fund services giant Apex to tokenize Bitcoin mining note on Coinbase’s Base platform
Apex will tokenize the Omnes Mining Note “OMN,” an institutional-grade structured note backed by Bitcoin hashrate.

