Crypto Biz: Is AI the exit strategy for miners?
Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal.
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HIVE Lands $220 Million AI Cloud Deal With Bell Canada and Cohere
HIVE Digital’s BUZZ HPC unit has signed a three-year GPU cloud contract worth about $220 million as part of a Canadian sovereign AI infrastructure partnership with Bell Canada and Cohere.…
Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap
IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers.
50-Person Nostrum Team Gives IREN Europe Foothold as AI Cloud Demand Fuels Stock
IREN Limited completed its acquisition of Spain-based Nostrum Group on Monday, adding 490 megawatts of secured, grid-connected power as the bitcoin miner accelerates its expansion into AI cloud infrastructure. The…
From $255M to $13.7B in 6 Quarters: Leopold Aschenbrenner’s Massive Bet on AI Infrastructure
Leopold Aschenbrenner just took Situational Awareness LP from $255M to $13.7B in only six quarters. His Q1 2026 filing dropped and one new move stands out as especially sharp. Full…
Terawulf Expands AI Strategy With 1GW Data Campus and $3B Backing
Terawulf has acquired a major AI-focused data center site in Kentucky as it accelerates its shift from bitcoin mining toward high-performance computing. The deal strengthens the company’s power-backed infrastructure strategy…
Applied Digital Tops 1 GW as AI Factory Campus Locks $7.5B Hyperscaler Lease
Applied Digital has signed a 15-year, take-or-pay lease at its fourth artificial intelligence (AI) Factory campus, Polaris Forge 3, with the same U.S.-based investment-grade hyperscaler that signed at Delta Forge…
Bitcoin Miner MARA Holdings Signs $1.5B Deal for Ohio Gas Plant, Plans AI Data Center
MARA Holdings, Inc. signed a definitive agreement on Thursday in order to acquire Long Ridge Energy & Power LLC from FTAI Infrastructure Inc. (Nasdaq: FIP) for approximately $1.5 billion, adding…
Galaxy Digital Posts $216M Q1 Loss as 20% Crypto Drop Cuts Portfolio Value
Galaxy Digital reported a $216 million first-quarter loss amid a broad crypto market decline, while pushing ahead with its Helios data center project as a new source of revenue. The…
Miners Beat Bitcoin by 70% in 2026 as Terawulf Locks $12.8B in AI Contracts
The bitcoin mining and digital infrastructure sector has had a split personality through the first four months of 2026. Bitcoin itself opened the year around $88,700 and has spent most…