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CleanSpark issues a $1.15B convertible note to expand its BTC mining operations

CleanSpark issues a $1.15B convertible note to expand its BTC mining operations

Nasdaq-listed Bitcoin mining company CleanSpark has announced a $1.15 billion convertible note offering to accelerate its growth in both Bitcoin mi...
CleanSpark Launches $1.15B Convertible Note Offering to Expand Bitcoin and AI Operations

CleanSpark Launches $1.15B Convertible Note Offering to Expand Bitcoin and AI Operations

CleanSpark is raising $1.15 billion through a convertible note offering to expand its Bitcoin mining and AI infrastructure operations. The post Cle...
Gemini Stock Hits Low After First Post-IPO Earnings Report

Gemini Stock Hits Low After First Post-IPO Earnings Report

Gemini’s shares fell to an all-time low after its first post-IPO report revealed widening losses despite a strong revenue increase.
TeraWulf Q3 Revenue Surges 87% to $50.6M on Bitcoin Rally and AI Expansion

TeraWulf Q3 Revenue Surges 87% to $50.6M on Bitcoin Rally and AI Expansion

TeraWulf’s Q3 revenue jumped 87% to $50.6 million, fueled by higher Bitcoin prices and growing AI infrastructure income. The post TeraWulf Q3 Reven...
TeraWulf Q3 revenue jumps 87% to $50.6 million - AI/HPC services contribute $7.2 M

TeraWulf Q3 revenue jumps 87% to $50.6 million - AI/HPC services contribute $7.2 M

TeraWulf reported third quarter financial results on Monday, with the company stating that revenue reached $50.6 million, an 87% year‑over‑year inc...
Tether-Backed Rumble Agrees to Acquire Germany’s Northern Data in All-Share Deal

Tether-Backed Rumble Agrees to Acquire Germany’s Northern Data in All-Share Deal

Rumble agreed to buy Germany’s Northern Data in an all-share deal to expand its cloud and AI infrastructure with one of Europe’s largest Nvidia GPU...
70% of top Bitcoin miners are already using AI income to survive bear market

70% of top Bitcoin miners are already using AI income to survive bear market

Seven of the top ten miners by hashrate report AI or high-performance computing initiatives already generating revenue, with the other three planni...
Bitcoin miners face market exit pressure as hash price drops to critical levels

Bitcoin miners face market exit pressure as hash price drops to critical levels

Bitcoin’s hash price has dropped to around $42 per petahash per second (PH/s), nearing critical profitability levels.
Bitcoin Miners Face Squeeze as Hash Price Nears Break-Even Levels

Bitcoin Miners Face Squeeze as Hash Price Nears Break-Even Levels

Bitcoin’s mining industry is feeling the strain as profitability plunges to its lowest point in months, forcing many operators to weigh shutdowns. ...
TSMC ramps 3 nm production in Taiwan to 160K wafers/month for Nvidia

TSMC ramps 3 nm production in Taiwan to 160K wafers/month for Nvidia

TSMC is cranking its 3 nm output up to 160,000 wafers per month to satisfy the exploding demand from Nvidia’s Blackwell chips.