MARA will acquire Long Ridge Energy for $1.5B, adding a 505 MW power plant and data center site as Bitcoin miners expand into ...
Bernstein sees IREN stock nearly doubling as it shifts from Bitcoin mining to AI cloud computing, backed by a Microsoft deal ...
IREN Likely to Abandon Bitcoin Mining to Go All-In on AI, Says Bernstein. Bernstein analysts have reduced IREN's price target to $100 per share, citing a shift towards AI cloud se ...
IREN stock fell ~8% to ~$44.66 ahead of its Q3 FY26 results scheduled on Thursday, May 7, as investors weigh its ongoing shift from Bitcoin mining to AI cloud. Co-founder Daniel R ...
IREN is pivoting from Bitcoin mining to AI infrastructure. By 2030, analysts project $5 billion in EBITDA, with margins ...
Tether unveils an open-source Bitcoin mining framework, MDK, to provide miners sovereignty over hardware and operations ...
Enflux points to oil-driven inflation as the main constraint, while questions around AI demand could reshape miner selling in ...
Core Scientific will transform its Pecos, Texas, Bitcoin mining site into an AI-focused data center campus with up to 1.5 gigawatts of capacity, reallocating 300 megawatts from mining. The shift comes ...
Cryptopolitan on MSN
MARA Holdings announces Bitcoin expansion beyond mining role
MARA Holdings has introduced a new initiative to strengthen Bitcoin’s long-term infrastructure, even as parts of the mining ...
Bernstein Sees IREN AI-Cloud Pivot Driving $3.7B In Revenue. Bernstein's latest research paints IREN as potentially the next ...
Bitcoin Mining Goes Open-Source As Tether Publishes Framework. Tether has rolled out an open-source development framework for ...
Stocktwits on MSN
MARA stock jumps on $1.5 billion Long Ridge deal in latest shift beyond bitcoin mining
MARA announced a $1.5 billion acquisition of Long Ridge Energy & Power on Thursday. ・The company said the new assets are expected to generate approximately $144 million in annualized adjusted EBITDA.
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