Bitcoin miners pivot to AI, with IREN's $9.7B Microsoft deal driving 580% stock surge as US blocks China chip access.

Valuation frameworks are shifting with it. Miners pivoting to AI are trading near $6 million per megawatt of capacity, while pure Bitcoin miners sit closer to $3 million. The premium reflects a simple ...

Bitcoin mining stocks are now outperforming both BTC and corporate treasuries — a rare signal that could define the next leg of the bull market. Bitcoin’s corporate treasuries and bitcoin mining ...

Bitcoin mining stocks have been on a multi-month bull run, with some tickers seeing over 100% gains. Bitcoin mining stocks have been on the rise in recent months, and today’s gains continue that ...

Shares of CleanSpark Inc. surged as much as 13% after the Bitcoin miner announced that it was expanding into date-center infrastructure and the hiring of Jeffrey Thomas from Saudi Arabian AI firm ...

Bitcoin mining stock prices fell across the board this week, extending last week’s sell off as the sector cools off after a record run. Only two bitcoin mining stock prices were up for the cohort this ...

Shares of the large-scale computing outfits that make Bitcoin work are once again outperforming the original cryptocurrency, as more pivot to hybrid models built around artificial intelligence and ...

CleanSpark (NASDAQ:CLSK) shares surged 14% in Monday afternoon trading after the company said it's expanding beyond bitcoin (BTC-USD) mining by developing and operating AI data center infrastructure, ...

CoreWeave (CRWV) CEO Michael Intrator told CNBC the company will not raise its $9 billion all-stock offer for bitcoin miner Core Scientific (CORZ), calling the acquisition a “nice to have, not a need ...

As temperatures crept above 100 degrees Fahrenheit (37.8C) on a July day, air-conditioners across Texas churned overtime and ...

Hot-handed bitcoin miner turned AI infrastructure play IREN (IREN) continues to have major upside, according to Wall Street brokerage Cantor Fitzgerald. "Over the past several months, IREN has heavily ...

The U.S. trading giant Jane Street Capital has revealed holding stakes in three of the most prominent Bitcoin mining companies. For those unaware, Bitcoin mining is the process of solving complex ...