Browsing: pivot
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
By 行政
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production…
Intchains Group is pulling back from fresh Ethereum purchases after its first-half revenue collapsed by 94% and is now focused…
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
By 行政
Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around…
Core Scientific, a longtime Bitcoin miner now converting sites for AI computing, reported a negative 56% self-mining gross margin in…
Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing a $20 million preferred-equity…
New York has become the first US state to impose a statewide moratorium on large new data centers, creating an…
Immutable has removed most of its game development team and will outsource much of the work on its in-house titles.…
Financial advisers remain interested in crypto but are increasingly focused on stablecoins and tokenised assets rather than Bitcoin. Interest is…
K Wave Media said it can redirect up to US$485 million from a Bitcoin treasury strategy into AI infrastructure. The…
Bernstein cut IREN’s price target to $100 from $125 but kept the stock as its top pick among AI-focused Bitcoin…