IREN’s stock is soaring — up over 530% in six months — as analysts backed its shift from bitcoin mining to AI-cloud and a major GPU expansion. Bitcoin miner IREN Limited’s stock (NASDAQ: IREN) blasted ...
Google has helped strike another deal with a Bitcoin miner. On Thursday, Cipher Mining announced that it was leasing a data warehouse it owns in Colorado City, Texas, to an AI computing startup. The ...
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 ...
The rising network difficulty and the need to pay for energy are pushing out smaller players and even publicly traded corporations. The Bitcoin (BTC) mining difficulty, a metric that tracks the ...
Bitcoin mining stocks and treasury companies often hold significant amounts of the cryptocurrency. This leaves them exposed if the price crashes. Some of these companies even end up outperforming ...
A new report from J.P. Morgan reveals the U.S.-listed Bitcoin mining sector hit an unprecedented $56 billion market cap in September. CoinDesk's Jennifer Sanasie unpacks the report and what's driving ...
The FTX Bankruptcy Trust filed a $1.15 billion lawsuit against Bitcoin mining firm Genesis Digital Assets. The FTX Bankruptcy Trust has filed a $1.15 billion lawsuit against Bitcoin mining firm ...
On Sept. 26, JPMorgan Chase & Co. trimmed Bitcoin miner CleanSpark Inc. (NASDAQ: CLSK) from an ‘overweight’ rating to ‘neutral’ and an unchanged price target of $14. According to the Wall Street bank, ...
Investing.com -- JPMorgan shuffled its ratings on U.S.-listed bitcoin miners, flagging risks around inflated valuations at Iris Energy or IREN and limited upside at CleanSpark, while highlighting Riot ...
Investment firm DL Holdings (1709) said it agreed to spend a total of HK$320 million ($41 million) on bitcoin mining rigs from Bitmain as it aims to become Hong Kong's largest publicly traded bitcoin ...
After its best quarter to date, CleanSpark is scaling up operations with another $100 million worth of financing from Coinbase. CleanSpark (CLSK) shares closed Sept. 22 at $13.74, and the price has ...
Bitcoin mining company CleanSpark (CLSK) has secured a new $100 million credit facility with Coinbase Prime, giving it access to fresh capital without selling its bitcoin holdings or raising equity.