Key Highlights: Core Scientific will completely conclude its exit from Bitcoin mining during the fourth quarter of 2026, transitioning entirely into a high-density colocation and AI infrastructure provider by 2027. Third-quarter revenue reached $232.9 million, with colocation services contributing roughly 92% ($215.4 million) of total revenue, while self-mining revenue fell 79% year-over-year to $12.3 million. ...
Key Highlights: Riot Platforms has finalized a massive $28 billion deal with Claude developer Anthropic to convert 910 megawatts of its Corsicana, Texas site into AI infrastructure. Total project costs are projected at $5.5 billion, which includes up to $3.6 billion to reimburse Anthropic for datacenter construction, carrying a potential 12% interest rate. Once fully ...
Key Highlights: American Bitcoin swung to a net profit of approximately $126 million in Q3, fueled by a $197.3 million non-cash fair value gain on its digital asset portfolio. Operational mining challenges intensified as production dropped to roughly 891 Bitcoin and per-coin mining costs climbed from $36,500 to roughly $42,100 due to seasonal power spikes. ...
Key Highlights: MARA transferred more than 2,600 BTC to institutional platforms within a four-week span, including an October 8–9 transfer of 996.105 BTC worth roughly $81.13 million to a Galaxy Digital-affiliated wallet. The company’s treasury reserves dropped from 53,822 BTC at the end of 2025 to 35,577 BTC by June 30, 2026, driven by first-half ...
Key Highlights: Bitcoin Improvement Proposal 54 (BIP-54), known as the Great Consensus Cleanup, addresses four long-standing network vulnerabilities including time-warp exploits and poison blocks. Co-author Matt Corallo estimates an 80% likelihood that BIP-54 will become Bitcoin’s first consensus soft fork since the Taproot activation in November 2021. Major mining pools MARA Pool and ViaBTC have ...
Key Highlights: American Bitcoin swung from a $57.2 million net loss in Q2 to a net income of approximately $126 million in Q3 2026, driven by a $197.34 million gain on digital assets. Satoshis Per Share rose by roughly 5% to 11,572, even as mining margins narrowed to approximately 41% due to elevated seasonal power ...
Key Highlights Hut 8 posted a net income of $189.5 million ($131.1 million attributable to the company), heavily propelled by a $413.8 million gain on digital assets. The company fully commercialized its Texas-based Beacon Point AI campus by signing a second 352 MW lease with a high-investment-grade tenant, pushing its aggregate AI base-term contract value ...
Key Highlights: Major Bitcoin mining companies are expanding into artificial intelligence computing, leasing high-performance hardware to tech firms rather than exclusively pursuing block rewards. Bitcoin’s network hashrate stands near 1.09 zetahash per second (ZH/s), showing resilience as hardware is often sold or redeployed rather than taken offline. Retail infrastructure demand continues to see interest, with ...
Key Highlights: Publicly traded Bitcoin mining companies secured over $70 billion in AI and high-performance computing (HPC) deals by the end of March, according to CoinShares data. A survey by Luxor across more than half of its roughly 2-gigawatt software footprint revealed that despite sufficient power and fiber, extensive data center rebuilds are required to ...
Key Highlights: Luxor is expanding its core infrastructure offerings by brokering AI servers and graphics processing units (GPUs) alongside its existing digital mining operations. The firm is rolling out financial derivatives tied to computing capacity, including over-the-counter options and forward contracts linked to compute rental indexes. The pivot aligns with a massive broader industry shift, ...
Key Highlights: Nasdaq-listed NIP Group plans to increase its bitcoin mining capacity by roughly 48%, aiming for approximately 195 bitcoin per month upon full deployment. Luxor found that while many mining facilities have ample power and fiber, transitioning to AI workloads requires constructing entirely new data centers. To mitigate market volatility, Luxor is introducing hedging ...
Key Highlights: On-chain tracker Lookonchain reported that recent movements by MARA Holdings may indicate potential sales activity, following an estimated offloading of 1,000 BTC last week. MARA Holdings reportedly intends to continue liquidating a fraction of the Bitcoin generated through mining operations and retained in its treasury reserves through 2026. While the company made a ...