JUST IN: #Bitcoin mining company Hut 8 just announced it partnered with Google for financial backing on a 15-year lease.Bullish 🚀 https://t.co/NQN9JmW0ob ...

CoreWeave (CRWV) has seen its share price fall more than 60% from its June record amid growing concerns that the AI infrastructure boom may have peaked. New details reported Tuesday by the Wall Street Journal highlight how fragile the buildout has become as operational delays collide with heavy leverage and tightening credit conditions. Investors are increasingly focused on two core risks with CRWV, according to the story. First, the company relies heavily on high interest debt to finance purchases of ad ...

Company Performance - Hut 8 Corp. (NASDAQ:HUT) experienced a significant decline, falling 14.21% to close at $35.44 as investors reduced their positions due to a drop in Bitcoin prices [1] - In the third quarter, Hut 8 reported a remarkable increase in attributable net income, surging over 7,600% to $50.1 million from $647,000 in the same period last year [4] - Revenues for Hut 8 jumped by 91% to $83.5 million, driven by strong performance in high-performance computing (HPC), which generated $70 million, a 410% increase from $13.7 million year-on-year [5] Market Context - Bitcoin prices were down by 2.27% at $86,168, with traders taking early profits ahead of the Christmas holiday, impacting Hut 8 and its peers like Terawulf, Cipher Mining, and CleanSpark [2] - The overall sentiment in the AI sector has turned pessimistic, particularly due to concerns over heavy investments in AI, exemplified by Oracle Corp.'s debt rising to $108 billion amid increased spending [3]

Core Viewpoint - A class action has been filed against Bitdeer Technologies Group, alleging that the company misled investors regarding its business prospects and the development of its SEALMINER A4 machine [1][2]. Group 1: Allegations and Business Prospects - The complaint claims that Bitdeer created a false impression of having reliable information about the development of the SEAL04 ASIC chip technology, which was expected to enhance energy efficiency and increase revenue through self-mining and external sales in fiscal year 2025 [2]. - It was asserted that the company consistently communicated that the SEAL04 research and development was on track for mass production in the second quarter of 2025, despite facing design issues that led to delays and a dual-track approach in production [2]. Group 2: Financial Performance - On November 10, 2025, Bitdeer reported a net loss of $266.7 million, or $1.28 per share, primarily due to increased operating expenses related to the R&D of its ASIC roadmap [3]. - Following the announcement of these financial results, Bitdeer's stock price fell over 14%, dropping from $17.65 per share to $15.02 per share the next day [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must file their papers by February 2, 2026, to serve as lead plaintiff, representing other class members in the litigation [4]. - It is noted that shareholders do not need to participate in the case to be eligible for recovery, and they can remain absent class members if they choose [4].

NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Bitdeer Technologies Group (NASDAQ: BTDR) between June 6, 2024 and November 10, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2026. SO WHAT: If you purchased Bitdeer securities during the Class Per ...

Market Overview - Bitcoin mining equities experienced a decline of approximately 10% following a significant drop in bitcoin prices, which fell from $89,474 to $87,024.78 within an hour [1] - The decline in bitcoin prices coincided with reports of forced closures of cryptocurrency mining operations in China [1] Regulatory Impact - The Chinese Communist Party (CCP) has intensified its crackdown on bitcoin mining, resulting in the shutdown of 1-2 GW of mining operations in Xinjiang, equating to a loss of 100 EH/s in bitcoin mining hashrate, or 1/12th of the network's total computing capacity prior to the crackdown [2] Company Performance - CleanSpark (NASDAQ: CLSK) reported the largest decline among publicly traded bitcoin miners, with shares falling 13.83% to $12.09 [3] - TeraWulf (NASDAQ: WULF) also saw a significant decrease, with shares down 12.56% to $12.53 [3] - Cipher Mining (NASDAQ: CIFR) shares retreated 12.46% to $14.93, while IREN (NASDAQ: IREN) lost 9.59% to $36.28 [4] - Riot Platforms (NASDAQ: RIOT) dropped 6.99% to $14.23, and MARA (NASDAQ: MARA) fell 6.81% to $10.74 [4] - Galaxy Digital (GLXY) experienced a moderate decline of 5.05% to $25.40, while Core Scientific (NASDAQ: CORZ) showed resilience with a smaller decline of 4.78% to $15.74 [4]

Key Points Recent Bitcoin price action has done little to prop up Hut 8's valuation, as most Bitcoin miners have been hit hard in today's session. A leveraged Bitcoin mining model works in a rising price environment, but some investors appear willing to call it quits. In combination with significant underperformance from a key subsidiary, there's not a lot to like about the outlook for this company right now. 10 stocks we like better than Hut 8 › Hut 8 (NASDAQ: HUT) is seeing yet another day of i ...

Production Growth - Bitdeer mined 526 bitcoin in November 2025, a 251% increase compared to the same period last year [1] - The production growth is attributed to the deployment of proprietary SEALMINER rigs, with a self-mining hashrate of 45.7 EH/s [1] Future Projections - The company expects to surpass 50 EH/s by the end of the year, joining other public miners with similar capacity [2] - Currently, Bitdeer has 34.3 EH/s of SEALMINER A2 model deployed and 3.3 EH/s in transit, along with 0.6 EH/s of the new A3 model deployed and 2.9 EH/s in transit [2] ASIC Chip Development - Bitdeer's SEAL04-1 chip demonstrated power efficiency of approximately 6-7 J/TH, with mass production targeted for Q1 2026 [3] - The SEAL04 chip's production was delayed, leading to a split in design and rollout into two batches: SEAL04-1 and SEAL-02 [3] High-Performance Computing Division - The high-performance computing division is on track to earn approximately $10 million in annual recurring revenue as of November, up from $8 million in October [4] - Expansion of AI infrastructure includes a new 2 megawatt data center in Malaysia, expected to launch by the end of 2025 [4] Data Center Expansion - The company is evaluating leasing opportunities for data centers in the U.S., including a 13 megawatt site in Wenatchee, Washington, and a 35 megawatt project in Knoxville, Tennessee [5] Setbacks - A localized setback occurred at Bitdeer's site in Massillon, Ohio, due to a fire, postponing the energization of approximately 26 megawatts [6] - The remaining 174 megawatts at the location are scheduled to come online in Q2 2026 [6]

Core Viewpoint - IREN's recent stock decline of 47% from its 52-week high is attributed to weak AI sentiment rather than a fundamental shift in its business model, presenting a potential buying opportunity for investors [1][7]. Stock Performance - IREN's stock was down 8.2% in early trading, priced at $36.82, while it had previously rallied 47% from October 22 to November 5, outperforming its HPC peers [2][3]. - The average decline for miners during the same period was about 25%, with CoreWeave and Nebius down 31% and 25%, respectively [1]. Funding and Capital Structure - IREN faces a funding gap of approximately $2.7 billion against planned HPC capital expenditures of about $11.6 billion, which includes significant investments in GPUs [4]. - The company has secured around $8.85 billion in capital, including a $1.94 billion prepayment from Microsoft and other financing arrangements [5]. - Recent balance sheet activities include the issuance of new convertible senior notes and a direct offering of ordinary shares, enhancing the company's capital position [6]. Market Sentiment and Investment Opportunity - The analysts suggest that the volatility in IREN's stock price indicates it tends to overshoot in both directions, making it a potential entry point for investors willing to accept sector volatility [3]. - The recent pullback is seen as a chance for investors to accumulate shares ahead of a possible rebound in AI enthusiasm and ongoing HPC expansion [7].

Core Insights - Discovery Capital Management, LLC sold 784,600 shares of Iren Limited, reducing its stake to 3,365,700 shares valued at $157.95 million as of September 30, 2025, which now accounts for 8.66% of the firm's Assets Under Management (AUM) [2][3] - Iren Limited is a vertically integrated data center operator and Bitcoin miner, focusing on providing compute power to AI companies and hyperscalers, with a market capitalization of $13.14 billion and revenue of $695.3 million for the trailing twelve months [3][5] - The company has raised significant capital this year, including a recent $2.3 billion offering in convertible senior notes, which has led to concerns about increasing debt and potential risks if the AI market experiences a downturn [10] Company Overview - Iren Limited operates data centers in Australia and Canada, combining physical infrastructure ownership with digital asset mining to achieve cost efficiency [5] - The company serves a global customer base, including institutional clients, and generates income through data center services and Bitcoin mining [9] - Iren's stock has seen significant appreciation, attributed to its profitable Bitcoin mining operations and the growing demand for compute power in the AI sector [6] Investment Actions - Discovery Capital's decision to take profits from Iren Limited may indicate a perception of a bubble in AI stocks, as the firm also sold its entire stake in Iren's peer, Nebius Group, valued at over $200 million [6][7] - The firm maintains a significant position in Iren, suggesting a strategy of risk mitigation while locking in profits [11]