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Soluna and Canaan Inc. Partner to Deploy 20 MW of Next-Gen Bitcoin Miners at Wind-Powered Data Center in Texas
Businesswire· 2025-09-30 11:30
ALBANY, N.Y. & SINGAPORE--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. ("Soluna†or the "Company†) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, and Canaan Inc. (Nasdaq: CAN) ("Canaan"), an innovator in crypto mining, today announced a strategic hosting agreement to deploy 20 megawatts (MW) of Avalon® A15 XP Bitcoin miners at Soluna's Project Dorothy in Briscoe County, Texas. This agreement marks a significant milestone for ...
X @Wu Blockchain
Wu Blockchain· 2025-09-29 23:29
According to Blockspace, ICE on Sept. 29 raided the Lonestar Dream bitcoin mining site in Pyote, Texas, targeting an ASIC repair center run by ADW Tech, an affiliate of Bitmain — the world’s largest bitcoin mining rig maker. The action is linked to a broader federal review of ASIC imports, as U.S. agencies probe whether Sophgo, a semiconductor firm tied to Bitmain CEO Micree Zhan, violated export controls. https://t.co/C1UQ1vlFYt ...
Hyperscale Data Upgrading Bitcoin Mining Fleet as Michigan AI Campus Expands
Prnewswire· 2025-09-29 10:00
Core Insights - Hyperscale Data, Inc. is upgrading its Bitcoin mining operations and integrating them with its artificial intelligence infrastructure at its Michigan Facility as part of a long-term digital asset strategy [1][2][4] Company Strategy - The company is transitioning to Bitmain Antminer S21+ miners, which will enhance Bitcoin production yield by 135% compared to the older S19J Pro miners, producing approximately 2.35 Bitcoin for each Bitcoin produced by the S19J Pro [2][3] - This dual-focus strategy aims to leverage existing Bitcoin mining infrastructure while developing a world-class AI data center, optimizing asset utilization and efficiency [3][4] Facility Details - The Michigan Facility spans 617,000 square feet on approximately 34.5 acres, designed to host both AI compute clusters and advanced Bitcoin miners [3] - The integration of NVIDIA-powered AI clusters alongside Bitcoin mining operations positions the company favorably among U.S. data center operators [2][4] Financial Strategy - The company plans to retain all Bitcoin holdings as part of its Digital Asset Treasury Strategy, with ongoing updates on total Bitcoin holdings and cash reserved for dollar-cost averaging to acquire more Bitcoin [4][15] - The company believes pairing Bitcoin holdings with market capitalization is in the best interest of stockholders, intending to use newly mined Bitcoin to strengthen its corporate treasury [4][15] Future Developments - Hyperscale Data is expanding its AI service capabilities with advanced NVIDIA hardware, including the next-generation Blackwell architecture [5] - The company anticipates the divestiture of its subsidiary Ault Capital Group, Inc. in the first quarter of 2026, which will further streamline its focus on data center operations and digital asset holdings [8][9]
X @Cointelegraph
Cointelegraph· 2025-09-29 08:30
🔥 INSIGHT: In 2025, 5 solo Bitcoin miners each struck a full block and earned over $350K. https://t.co/QkYoLEbH67 ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-09-28 01:23
RT Anthony Pompliano 🌪 (@APompliano)Jordi Visser (@jvisserlabs) joins this week to discuss bitcoin outlook for rest of the year, interest rate cuts, how to evaluate AI acceleration, Nvidia’s $100 billion deal with OpenAI, and what metrics investors should keep an eye on.@JohnPompliano did a great job filling in for me while I was gone. Hopefully he doesn't replace me and rename the show!Enjoy the conversation.YouTube: https://t.co/qBuaS8klWUSpotify: https://t.co/KbdDxdWpiDApple: https://t.co/hirb4gZ28YTIMES ...
Jim Cramer sends harsh warning on Eric Trump-backed stock
Yahoo Finance· 2025-09-27 14:16
Group 1 - Jim Cramer describes American Bitcoin (ABTC) as a "total spec," indicating its speculative nature in the market [2][3] - ABTC is a Bitcoin mining firm co-founded by Donald Trump's sons and is majority owned by Hut 8 [2] - The stock price of ABTC has declined from $8.32 to $6.58 since its debut on Wall Street on September 3, 2025 [5] Group 2 - Cramer mentions that while ABTC is inexpensive, it carries significant risk, stating it could "lose everything" [4][5] - Another Bitcoin mining stock, IREN Limited, has seen a 380% increase in stock price over the past year, but Cramer warns it is "too hot" [6][7] - Bitcoin's price has fallen over 5% in the last week, trading at $109,439.91 at the time of the report [7]
Why Iren Stock Plummeted by Nearly 10% on Friday
Finance.Yahoo· 2025-09-26 22:47
Key PointsAn analyst changed his recommendation on the stock.He now feels it's worthy only of a sell.10 stocks we like better than Iren ›Although the performance of stocks never depends entirely on the opinions of analysts, those market professionals can have quite an impact at times. More than once this week, crypto mining company Iren (NASDAQ: IREN) experienced that dynamic.Unfortunately, on Friday, this turned negative for the stock, and it lost almost 10% of its value. This occurred on a day for stocks ...
AI Won’t ‘Kill’ Bitcoin Mining – It Might Reprice It
Yahoo Finance· 2025-09-26 19:14
Since the latest Bitcoin halving cut block rewards in half, compressing revenues across the mining sector, large operators have been searching for ways to stabilize income streams. Increasingly, they are leasing their energy footprints to artificial intelligence and high-performance computing clients. The model is not speculative; it is already being written into multiyear contracts. In September, Cipher Mining signed a 168-megawatt agreement with Fluidstack, an AI cloud provider. The deal runs for ten y ...
Cipher Stock Rises as Bitcoin Miner Boosts Debt Offering to $1.1 Billion Following Google Deal
Yahoo Finance· 2025-09-26 17:07
Company Overview - Cipher Mining announced an increase in its convertible debt offering to $1.1 billion from an initial $800 million, following a $3 billion AI cloud hosting deal backed by Google [1][2] - The company signed a 10-year, approximately $3 billion high-performance computing colocation agreement with Fluidstack, which will involve delivering 168 MW of critical IT load at its Barber Lake site in Texas [4] Financial Details - The convertible senior notes are intended for qualified institutional buyers and will mature in 2031 [2] - Google will backstop $1.4 billion of Fluidstack's lease obligations, in exchange for warrants to acquire about 24 million shares of Cipher common stock, representing a 5.4% pro forma equity ownership stake [5] Market Performance - Cipher's stock (CIFR) rose nearly 5% to around $12.20 per share after experiencing a significant drop the previous day [3] - The stock has nearly recovered for the week after a notable decline earlier [3] Industry Context - The Bitcoin mining industry is adapting its infrastructure to meet the growing demand for AI, as companies leverage their data centers for both crypto mining and AI applications [6] - TeraWulf, another Bitcoin miner, also received a $1.4 billion backstop from Google, increasing its total stake to $3.2 billion [7]
Bitcoin miner Cipher secures $3B Google-backed AI hosting deal
Invezz· 2025-09-25 16:22
Group 1 - Google has taken a 5.4% equity stake in Cipher Mining, enhancing its investment in AI infrastructure [1] - Cipher Mining is recognized as one of the largest publicly traded Bitcoin mining companies [1]