Mining
Are Pure Play Bitcoin Miners Going to Reprice Like AI/HPC Miners?
MARA and CLSK rally as bitcoin nears $118,000 and sector momentum builds.
NAKA Plunges 55% as PIPE Investors Ready Sales
AI-related bitcoin mining stocks extended gains as Tesla jumps on Elon Musk’s share purchase.
GPU Gold Rush: Why Bitcoin Miners Are Powering AI’s Expansion
Bitcoin mining firms are transforming their energy-hungry facilities into AI data centers, chasing stable contracts and higher returns as crypto profitability wanes.
Nebius-Microsoft $17.4B Deal Lifts AI Mining Stocks in Pre-Market Trading
Nebius surges 47%, Cipher Mining and IREN both advance on speculation of more AI infrastructure partnerships.
MARA Mines 705 BTC in August as Treasury Holdings Top 52,000
Company holds 52,477 BTC, advances Texas wind farm and European growth while shares face year-to-date decline.
IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb
The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit
Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.
Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill
The effort from Senator Cynthia Lummis is one of several crypto tax provisions in an amendment aimed at reducing tax burdens in core areas of the industry.
Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald
A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far more than the markets believe thanks to its strategic role in powering AI.
Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report
A similar mining scheme occurred in the region in 2022.
