Bitcoin miners are shifting capacity into AI contracts, reshaping revenue models, equity risk, and long-term capital formation cycles.

HIVE Digital Technologies (Nasdaq: HIVE), the Bitcoin mining company, has seen its stock rally as the firm recently claimed to have captured 2% of global Bitcoin production. Founded in 2017, HIVE ...

Bitcoin miner manufacturer Canaan said Thursday that it has secured an order for over 50,000 rigs—its largest order in the last three years.

Bitcoin miners have increasingly courted AI companies, which require large amounts of computing power to stay competitive.

Canaan Inc. shares jumped more than 26% in early trading Thursday after the crypto mining firm landed a 50,000-rig order. Canaan said that a US-based company purchased the latest-generation “Avalon ...

Google takes a 5.4% stake in Cipher Mining, backing $1.4B Fluidstack leases, as Bitcoin miners pivot to AI-ready HPC infrastructure in Texas.