In its one-year journey since shifting from automotive services to Bitcoin mining, Cango has achieved a remarkable 50 EH/s global capacity. Q2 2025 financials reveal robust revenue and […]
DOE Invests $1 Billion in AMD Supercomputers to Fuel AI and HPC Advancements
The U.S. Department of Energy has partnered with Advanced Micro Devices (AMD) to develop two advanced supercomputers, Lux AI and Discovery, worth a billion dollars. These machines will […]
Hut 8 Shifts Gears: From Bitcoin Mining to Power Infrastructure
Hut 8 is taking a bold strategic leap, transitioning from its traditional role in bitcoin mining to expanding into energy infrastructure. This move positions the company at the […]
AI Investments Drive HPC Stocks Higher as Oracle Leads Surge
Financial markets are buzzing with activity thanks to substantial investments in artificial intelligence infrastructure driven by tech giant Oracle. This influx of capital is creating ripples across various […]
Bitfarms Raises $500 Million in Convertible Notes to Fuel AI and HPC Expansion
Crypto mining company Bitfarms has significantly increased its convertible notes offering, raising $500 million to fund the expansion of its artificial intelligence (AI) and high-performance computing (HPC) infrastructure. […]
Bitfarms Shifts Focus Toward AI and HPC Technologies for Long-Term Growth
Bitfarms has made a significant strategic move, pivoting its focus towards Artificial Intelligence (AI) and High-Performance Computing (HPC) technologies. This shift is driven by the need to navigate […]
Bitfarms Stock Soars: Focus Shifts to AI and HPC Technology
Bitfarms, a company renowned for its cryptocurrency mining operations, has experienced a significant stock price surge this year. This surge marks the firm’s strategic transition towards Artificial Intelligence […]
Bitcoin Mining Stocks Soar as AI and HPC Demand Rise
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 […]