Group 1 - Core Scientific ended its sale deal to CoreWeave after shareholders voted against the proposal, marking the second failed attempt by CoreWeave to acquire Core Scientific [1][2] - CoreWeave had proposed an all-stock deal valued at $9 billion to acquire Core Scientific, aiming to secure energy and data center capacity amid rising demand [2] - Two Seas Capital, the largest active shareholder of Core Scientific, opposed the deal due to concerns regarding the sale process, deal structure, and valuation [2][3] Group 2 - The fixed exchange ratio in the proposed deal left Core Scientific shareholders exposed to fluctuations in CoreWeave's share price [3] - Core Scientific's board had recommended shareholders vote in favor of the sale, citing potential cost savings and synergies from the merger [3] - Proxy advisory firm Institutional Shareholder Services advised against the deal, suggesting Core Scientific should remain independent due to its success as a standalone entity [3] Group 3 - Following the vote, Core Scientific shares increased in early trading, while CoreWeave's shares fell nearly 5% [4]

Core Viewpoint - IREN Limited (NASDAQ:IREN) is recognized as a promising investment in the blockchain and crypto mining sector, with a strong position in AI and colocation markets, supported by bullish analyst ratings and significant contracts with AI firms [1][2][3]. Group 1: Analyst Ratings and Market Position - BTIG has raised its price target for IREN Limited from $32 to $75, maintaining a "Buy" rating, reflecting confidence in the company's market position [2]. - The firm highlights the increasing demand for on-demand power from hyperscalers and AI-focused "neoclouds," positioning IREN to benefit from high-performance computing (HPC) colocation opportunities [3]. Group 2: Business Developments - IREN Limited announced multi-year cloud service contracts with AI firms for NVIDIA Blackwell GPU deployments, covering 11,000 of its 23,000 GPUs [4]. - These contracts are expected to enhance IREN's GPU footprint in British Columbia and Texas data centers, projecting AI Cloud revenue of $225 million by the end of 2025 [4]. Group 3: Company Overview - IREN Limited operates as a Bitcoin mining and AI data center company across North America, providing high-performance computing infrastructure and GPU-based cloud services to enterprises and institutional clients [5].

Core Insights - MARA Holdings, Inc. is recognized as one of the 12 most promising blockchain and crypto mining stocks according to hedge funds [1] - Guggenheim analyst Jonathan Lee initiated coverage on MARA with a Hold rating, citing unclear strategic outlook despite the company's leadership in Bitcoin mining capacity and its acquisition of Exaion [2] - Cantor Fitzgerald raised its price target for MARA to $30, attributing this to higher Bitcoin prices and solid mining output, with the company mining 736 Bitcoin in September, generating approximately $83.5 million in revenue [3][4] Company Performance - MARA Holdings generated $245.7 million in revenue for the third quarter of 2025, showcasing strong operational performance [4] - The company has one of the largest Bitcoin reserves among public companies, positioning it as a key player in the crypto-mining ecosystem [5] Market Dynamics - The share price of MARA is closely correlated with Bitcoin's price, which has experienced increased volatility recently, contributing to a cautious outlook from analysts [2] - Despite a slight reduction in fiscal 2025 revenue and EBITDA estimates due to rising network hash rates, confidence remains in MARA's execution and operational efficiency [5]

Core Insights - Riot Platforms, Inc. (NASDAQ:RIOT) is recognized as one of the 12 most promising blockchain and crypto mining stocks by hedge funds [1] - Piper Sandler has raised its price target for Riot Platforms from $18 to $25 while maintaining a "Neutral" rating [2] - The firm anticipates potential partnerships in AI and high-performance computing (HPC) at Riot's facilities in Corsicana and Rockdale, Texas, due to their significant power access and proximity to major metro areas [3] Company Overview - Riot Platforms operates large-scale Bitcoin mining and engineering facilities across Texas and Kentucky, providing power infrastructure, custom electrical solutions, and data center services to industrial and governmental clients [5] Strategic Outlook - Piper Sandler believes that Riot Platforms is positioned to explore discussions for transitioning part of its Bitcoin mining operations towards high-performance computing applications, indicating potential long-term strategic diversification [4]

Group 1 - TeraWulf Inc. (NASDAQ:WULF) is recognized as one of the 12 most promising blockchain and crypto mining stocks according to hedge funds [1] - Northland raised its price target on TeraWulf from $15 to $16.25, maintaining an "Outperform" rating, citing attractive debt pricing and improving financial conditions [2] - The company announced a $3.2 billion senior secured notes offering, due in 2030, to fund expansion and enhance liquidity in response to rising demand for AI and digital assets [3] Group 2 - TeraWulf operates Bitcoin mining facilities in New York and Pennsylvania and provides mining hosting services to third parties [4]

British Columbia Wants to Permanently Ban New Crypto Mining Sites► https://t.co/OuFnkczVVD https://t.co/OuFnkczVVD ...

Global Crypto Mining News in September: Bitdeer launched a new generation of mining machines, while tech giants such as Google and Nvidia increased investment in data centers and AI infrastructure. KuCoin introduced a cloud mining platform, and several Hong Kong-listed companies entered or expanded their mining operations, etc.https://t.co/C8KZafQVUj ...

🇨🇦 LATEST: Canadian province British Columbia proposes legislation to limit AI data center power usage and permanently ban new crypto mining operations, per Bloomberg. https://t.co/tYOIrdWc21 ...

Core Insights - Canaan Inc. has regained compliance with Nasdaq's minimum bid price requirement, with its American depositary shares (ADS) closing at or above US$1.00 for ten consecutive business days from October 1 to October 15, 2025 [1][2] Group 1: Company Performance and Strategic Initiatives - The company has demonstrated operational resilience and agility despite global trade uncertainties and bitcoin price volatility, consolidating competitive advantages in product innovation, supply chain integration, and international market expansion [2] - Canaan secured a significant order for over 50,000 Avalon® A15 Pro bitcoin miners, indicating strong demand for its products [2] - The company has initiated a "Gas-to-Computing" project to convert flared natural gas into low-cost power for high-density computing in Alberta, Canada, showcasing its commitment to sustainability [2] - A partnership with Soluna has been established to deploy 20MW of next-generation Avalon miners, further enhancing its market position [2] Group 2: Company Background - Canaan Inc. was established in 2013 and focuses on ASIC high-performance computing chip design, research and development, production of computing equipment, and software services [3] - The company is recognized for shipping the world's first batch of mining machines utilizing ASIC technology under the Avalon brand [3] - Canaan went public on the Nasdaq Global Market in 2019, reflecting its growth and market presence [3]

Core Insights - Bitdeer Technologies (NASDAQ: BTDR) experienced a significant share price increase of nearly 29% following a positive operational update, outperforming the S&P 500 index's 0.4% gain [1] Company Performance - Bitdeer reported mining 452 Bitcoin in September, a notable increase from 375 Bitcoin mined in August, indicating a strong operational performance [3] - The company has commenced mass production of its new product line, Sealminer 3, which includes four models, with initial deliveries expected this month [4] Industry Context - The crypto mining sector is currently benefiting from rising prices of digital currencies like Bitcoin and expanding into data center operations, creating favorable conditions for companies like Bitdeer [5]