Several Nasdaq-listed Bitcoin mining companies experienced a significant pre-market surge, fueled by the increasing interest in artificial intelligence (AI) and high-performance computing (HPC). This trend suggests optimism about […]
Galaxy Digital Invests $1.4 Billion in AI & HPC Campus, Shifting Away from Crypto
Galaxy Digital has secured a major investment of $1.4 billion to convert its West Texas Helios campus into an AI and HPC facility, signaling a strategic shift away […]
Galaxy Digital Invests $1.4B to Develop AI & HPC Hub on Helios Campus
Galaxy Digital has secured a $1.4 billion financing deal for the conversion of its Helios campus in West Texas into an artificial intelligence (AI) and high-performance computing (HPC) […]
Galaxy Digital Secures $1.4B for Helios Data Center Expansion
Financial powerhouse Galaxy Digital has secured a substantial $1.4 billion loan to bolster its Helios data center in Texas. This funding will support upgrades that will elevate the […]
Marathon Digital Acquires Stake in Exaion, Aiming to Expand AI and HPC Infrastructure
Marathon Digital has made a strategic acquisition by purchasing a 64% stake in EDF’s high-performance computing (HPC) subsidiary Exaion for $168 million. This move is aimed at strengthening […]
MARA Invests in Exaion for AI and HPC Expansion, Pushing into New Market
Bitcoin mining giant MARA Holdings is making a significant move into the artificial intelligence (AI) and high-performance computing (HPC) market with a $168 million investment. The company has […]
Bitdeer Technologies Sees Revenue Drop Amid Shift to AI-Driven HPC
Bitdeer Technologies, a Singapore-based Bitcoin mining company, has reported a significant revenue decrease for the first quarter of 2025. The company’s earnings fell by 41% year-on-year, reaching $70.1 […]
Bitdeer Q1 Revenue Plummets Over 40%, Shifting Focus to HPC
Bitdeer Technologies Group saw a significant decline in revenue for the first quarter of 2025, dropping by more than 40% compared to the same period last year. The […]
Bitfarms Records Massive Q1 Loss, Shifts Focus to AI & High-Performance Computing
Canadian Bitcoin mining firm Bitfarms reported a significant first-quarter net loss of $36 million, largely attributed to the company’s strategic shift away from traditional mining towards artificial intelligence […]
Core Scientific Reports Record Q1 Profit Amidst Revenue Drop, Focuses on AI & HPC
Nasdaq-listed Bitcoin miner Core Scientific saw a significant boost in profits during the first quarter of 2025, generating $580 million in net income. However, despite this positive outcome, […]
Bitcoin Miners Underperform: JPMorgan Report Highlights Challenges and Economic Slowdown
JPMorgan recently released a report highlighting the ongoing struggles of Bitcoin miners, particularly those heavily reliant on high-performance computing (HPC). For the third consecutive month, these miners have […]
Bit Digital Acquires $53 Million Facility Amidst AI & HPC Expansion
Bitcoin mining company Bit Digital has made a significant investment, purchasing a new industrial building in Madison, North Carolina, for $53.2 million. This acquisition aligns with the company’s […]
Bitfarms Secures $300M Loan for HPC Project Expansion
Bitfarms has secured a significant financing deal of up to $300 million from Macquarie Equipment Capital to fund its expansion into high-performance computing (HPC). This move marks a […]
Bitfarms Secures $300 Million Debt for AI and HPC Expansion
Bitfarms has secured a significant $300 million loan from Macquarie Group to fuel its expansion into high-performance computing (HPC) and artificial intelligence (AI). This move aligns with the […]
Bitfarms Secures $300 Million for High-Performance Computing Project
Bitfarms has secured a significant $300 million loan from Macquarie Group to support development of its high-performance computing (HPC) project at Panther Creek, Pennsylvania. This investment marks a […]