Company Valuation & Capacity - Fermi Energy IPO at $682.5 million market cap [1] - Fermi is building 11 GW power infrastructure in Texas [1] - Fermi is building 39x the capacity of Core Scientific [1] - Core Scientific operates 280 MW capacity at $3.1 billion valuation [1] - Fermi is trading at 22% of Core Scientific's price [1] Financial Highlights & Investment - Fermi to collect $150 million prepayment from first tenant on October 15 [1] - Vaneck is positioned in Fermi, considering it underpriced [1] Industry Perspective - Power infrastructure is getting Bitcoin mining multiples without mining Bitcoin [1]

KEY TAKEAWAYSBitcoin is the first decentralized cryptocurrency, launched in 2009 by Satoshi Nakamoto.Cryptocurrencies use cryptography and blockchain to secure, verify, and record transactions.Blockchain is a transparent, immutable ledger underpinning Bitcoin and other digital currencies.Mining validates transactions, secures the network, and issues new bitcoins.Bitcoin derives value from scarcity, utility, trust, and adoption, similar to gold.Risks include volatility, regulation, security breaches, and sca ...

Kentucky State Senator Sued Over Bitcoin Mining Business► https://t.co/X6XKAABJwe https://t.co/X6XKAABJwe ...

Core Insights - IREN Limited has significantly expanded its GPU fleet to 23,000 units, acquiring 12,400 GPUs for approximately $674 million, indicating strong market demand and growth potential [1][2] - The company has raised its annualized run-rate revenue target for its AI Cloud segment to over $500 million by the end of Q1 2026, up from a previous target of 10,900 GPUs by year-end [2] - Management anticipates that investments in GPUs will enhance long-term revenue and operational efficiency, particularly leveraging the Blackwell architecture for improved AI performance and energy efficiency [3] Company Overview - IREN Limited operates as a sustainable Bitcoin mining and AI infrastructure company, focusing on large-scale data centers powered by renewable energy, with key facilities located in Texas and British Columbia [4] - The company's primary offerings include mined Bitcoin and high-performance AI cloud services [4]

JUST IN: Reuters highlights Bitcoin mining as a way to prevent wasted renewables and grow clean energy. ⚡🌎🟧 https://t.co/EnzUJ6vP6F ...

New Record Global Bitcoin Mining Hashrate1,050,000,000,000,000,000,000x per second https://t.co/7Go3TJaxQK ...

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 ...

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 ...

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]

🔥 INSIGHT: In 2025, 5 solo Bitcoin miners each struck a full block and earned over $350K. https://t.co/QkYoLEbH67 ...