RT Documenting ₿itcoin 📄 (@DocumentingBTC)NVIDIA CEO Jensen Huang says, “Essentially, Bitcoin mining is taking excess energy and storing it into a new form. It's called currency. And you take that currency wherever you like. So you took energy from one place and now you've transported it everywhere.” https://t.co/u0OBh8j0Dy ...

Core Viewpoint - Iren's recent $9.7 billion contract with Microsoft marks a significant shift towards AI data centers, but the company's heavy reliance on Bitcoin mining poses serious risks to its existing business model [3][5][10]. Company Overview - Iren has experienced explosive revenue growth of 750% over the past three years, resulting in a stock price increase of 3,360% [2]. - The company primarily operates data centers, selling computing capacity, and has shifted focus from Bitcoin mining to AI data centers [2][3]. Financial Highlights - The new contract with Microsoft is expected to expand Iren's hardware backbone to 140,000 GPUs, potentially increasing the annualized revenue run rate to $3.4 billion, compared to $685 million in total revenue over the past four quarters [3]. - Iren's market capitalization stands at $13 billion, with a current stock price of $44.46 [4]. Business Risks - Bitcoin mining accounted for 97% of Iren's revenue in the most recent quarter, making the company vulnerable to the volatility of cryptocurrency prices [7]. - Historical data shows that Bitcoin's price has declined by over 60% multiple times, and it has fallen nearly 30% from its all-time high since early October [8]. - A prolonged downturn in Bitcoin prices could significantly impact Iren's cash flow and hinder its AI expansion plans [10]. Competitive Landscape - Equinix, a leading data center REIT, is highlighted as a more stable investment alternative, benefiting from AI demand without the need for costly GPU investments [11][12]. - Equinix operates 273 data centers globally and plans to double its capacity by 2029, with annualized gross bookings increasing by 25% year over year [12].

Energy & Cryptocurrency - NVIDIA CEO Jensen Huang views Bitcoin mining as a process of converting excess energy into a portable form of currency [1] - This currency allows for the transportation of energy value from one location to another [1]

NVIDIA CEO Jensen Huang says, “Essentially, Bitcoin mining is taking excess energy and storing it into a new form. It's called currency. And you take that currency wherever you like. So you took energy from one place and now you've transported it everywhere.” https://t.co/u0OBh8j0Dy ...

Core Points - BitFuFu Inc. will provide an update to investors at the Emerging Growth Conference on December 11, 2025 [1] - The presentation will be led by Charley Brady, Vice President of Investor Relations, and will include a Q&A session [2] - BitFuFu is recognized as a leading Bitcoin miner and innovator in mining services [5] Company Overview - BitFuFu Inc. is committed to empowering the global Bitcoin network through its cloud mining platform and innovative mining services [5] - The company is rapidly scaling its infrastructure to enhance its market position [5] Conference Details - The Emerging Growth Conference allows public companies to present their products and services to the investment community [6] - The conference targets a wide audience, including individual and institutional investors, investment advisors, and analysts [7] - BitFuFu's presentation is scheduled for 3:55 PM Eastern time and will last for 10 minutes [2]

We recently published December Disappointments: 10 Big Names Troubled Early. American Bitcoin Corp (NASDAQ:ABTC) is one of the worst performers of last week. American Bitcoin nosedived by 47.4 percent week-on-week, as investors sold off positions following the expiration of a lockup period, while presidential son and co-founder Eric Trump pointed to profit-taking as having dragged down its share price. “Our pre-merger private placement shares unlocked—these early investors are freely available to cash in o ...

My rough math based on average difficulty stats suggests that Bitcoin mining crossed the total 2**96 hashes milestone very recently?Seems like a good reason to insist on (close to) 128 bit security (ie. @drakefjustin was right) https://t.co/zrwtbdnan3 ...

I just discovered how to pay near zero on taxes legally using Bitcoin mining. And this is all public information in the United States tax code. How the wealthy avoid taxes legally and why Bitcoin mining is the newest loophole.So this is legal. This is something that the wealthy have known about for a very very long time. But because of Bitcoin mining, and we'll talk about Musk miners in a second, we can use the average person like you, like me, can use something in the United States tax code depreciation.An ...

Core Thesis - TeraWulf Inc. is transitioning from a Bitcoin miner to a vertically integrated data center and AI infrastructure provider, leveraging zero-carbon energy sources for its operations [2][4] Financial Performance - TeraWulf reported $47.6 million in revenue and $14.5 million in adjusted EBITDA for Q2 2025, indicating a significant turnaround supported by cost optimization and power normalization [5] Contracts and Revenue - The company has secured over $7.7 billion in contracted revenue, including a $1 billion deal with Core42 and a $6.7 billion agreement with Fluidstack/Google, which is backed by a $3.2 billion financial guarantee from Google [3][4] Infrastructure Capacity - TeraWulf's Cayuga site, under an 80-year ground lease, adds 400 MW of capacity potential, bringing the total digital infrastructure platform to over 1 GW [3] Market Positioning - The Google-backed contract validates TeraWulf's engineering and energy capabilities, supporting 85% site-level NOI margins and positioning it as a key green compute provider in the AI economy [4] Future Plans - The company plans to raise $3 billion in debt, advised by Morgan Stanley, to fund its AI infrastructure expansion, potentially transforming TeraWulf into a stable, high-margin AI data center operator [6] Hedge Fund Interest - TeraWulf is not among the 30 most popular stocks among hedge funds, with 26 hedge fund portfolios holding WULF at the end of Q2, down from 35 in the previous quarter [8]

🇲🇾 LATEST: Malaysia has deployed a joint air-ground task force to shut down 14K illegal Bitcoin mining rigs, tied to $1.1B in stolen electricity. https://t.co/6JzG3WLPe2 ...