Data Centers

Data Centers

Finance

Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move

The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Markets

WhiteFiber NC-1 deal is promising, says B. Riley, seeing 127% upside after stock price plunge

The analyst team said the first long-term co-location agreement at NC-1 validates WhiteFiber’s retrofit model.

Data center servers (Taylor Vick/Unsplash)

Markets

WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million

The firm's Enovum unit will deliver 40 megawatts of critical IT load in two phases at a campus in Madison, North Carolina, under a 10-year agreement.

Bitcoin miners (Shutterstock)

Finance

Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord

The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.

Banks of computers in a data center. (Shutterstock)

Markets

Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.

Bitcoin miners (Shutterstock)

Finance

Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal

The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.

Data center servers (Taylor Vick/Unsplash)

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 (Taylor Vick/Unsplash)

Markets

Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion

The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations.

(Bitdeer Group)

Markets

Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade

Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.

Data center servers (Taylor Vick/Unsplash)