Browsing Tag
Mining
509 posts
Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers
Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing a $20…
The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center
Galaxy Digital’s $3.507 billion financing for its CoreWeave data-center build in Texas comes with a steep price: about…
Hydropower overtakes gas as Bitcoin mining power use jumps 38%
Cambridge data shows Bitcoin mining power use rose 38% to 190 TWh as hydropower led the mix and…
Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives
Galaxy Digital pledged up to $5 million on July 21 to help Bitcoin prepare for the quantum era.…
Malaysia seized 75,000 mining rigs. The grid wars are real
75,578 rigs, $1.1B in stolen power, one arrest per 120 machines. Inside the global fight over cheap electrons,…
BitMine Stock Slides Despite $73M Ethereum Treasury Purchase
BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction shows…
DOJ moves to drop $722M BitClub case before trial as victims wait to learn what they will recover
The Justice Department plans to end its criminal case against Matthew Goettsche, who prosecutors accuse of helping run…
TeraWulf seeks $3.5B debt for Anthropic AI data center
TeraWulf reportedly seeks $3.5B in debt financing to build its Kentucky AI campus under a 20-year, $19B lease…
DOJ abandons BitClub founder case despite $722M fraud claims
The U.S. Department of Justice has reportedly moved to dismiss its criminal case against the founder of BitClub…
CoreWeave’s $20 billion funding haul shows why Bitcoin is losing the competition for liquidity
AI cloud infrastructure provider, CoreWeave, has secured more than $20 billion in debt and equity financing this year,…
