Bitcoin Mining

Bitcoin Mining

Finance

HIVE Digital's Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift

The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.

Data center servers

Markets

Bitcoin Miners Sit on Prime Power Assets as AI Pivot Accelerates: Canaccord

The broker said bitcoin mining still drives nearly all sector revenue even as the narrative shifts toward AI.

Racks of mining machines.

Finance

TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack

The bitcoin miner turned AI infrastructure firm will co-develop a 168 MW data center in Texas, with long-term revenue locked in.

Data center servers

Markets

Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

Hut 8 plant

Markets

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.

Racks of mining machines.

Markets

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Markets

Crypto Stocks Plunge Wednesday, With Galaxy, Bitcoin Miners Leading Decline

Momentum names are taking a beating on Wall Street, with many AI-related stocks leading that list.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test

Record debt and convertible note issuances signal a strategic shift as miners chase growth beyond bitcoin, but execution risk and revenue generation now take center stage.

CoinDesk

Markets

Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark

The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

CleanSpark Joins AI Rush in Expansion Beyond Bitcoin Mining

The company hired industry veteran Jeffrey Thomas to lead new AI data center division.

CoinDesk