Bitcoin miners globally are facing increasing challenges to stay afloat in their business. The whole Bitcoin-halving gambit and the volatility of crypto as a whole, thanks to geopolitical tensions, are making many miners move away from the business to something more sustainable, like artificial intelligence. They have the machines, they have the power, so why not pivot? One Bitcoin miner is facing an even bigger trouble, like a double-edged sword: bankruptcy and leadership turmoil. Related: What is Bitc ...

Bitcoin mining stocks faced a sea of red Monday as a sharp decline in cryptocurrency prices collided with analyst skepticism regarding the sector’s expensive transition to AI. Stock prices have dropped alongside bitcoin’s 10% correction over the last week despite a flurry of announcements regarding data center expansions. HIVE dropped 8.2% to $2.56 on Monday’s open. The miner recently announced plans to grow its Paraguay operations by 100 megawatts in 2026 and launched a new high-performance computing b ...

BitRiver, Russia’s largest Bitcoin miner, controlling over 50% of the nation’s mining market, is spiraling toward bankruptcy after a court instituted observation proceedings against its parent company. The Sverdlovsk Regional Arbitration Court ruled on January 27 to begin monitoring Fox Group of Companies LLC, which owns 98% of Bitriver Management Company, following a $9.2 million debt claim from En+ subsidiary Infrastructure of Siberia. The crisis marks a dramatic reversal for a company that generated ...

BitRiver, one of Russia’s largest bitcoin miners, is facing potential bankruptcy after a court launched insolvency proceedings over unpaid debts. The company has been hit by asset freezes, rising power debts, data center shutdowns, and management exits, while its founder Igor Runets has reportedly been placed under house arrest on tax charges. https://t.co/VIBZ78D01N ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitdeer Technologies Group securities between June 6, 2024, and November 10, 2025, of the upcoming lead plaintiff deadline on February 2, 2026 [1] Group 1: Class Action Details - Investors who bought Bitdeer securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - The firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4] Group 2: Case Background - The lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically about the mass production of its fourth-generation SEALMINER (A4) rigs and the expected energy efficiency of its SEAL04 ASIC chip [5] - Defendants are accused of failing to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production was expected to begin in the second quarter of 2025 [5] - These misleading statements led to investors purchasing Bitdeer securities at inflated prices, resulting in damages when the true information became public [5]

Bitcoin mining activity has suffered its sharpest setback in more than four years after severe winter storms across the United States forced large operators to scale back production, dragging down network hashrate, output and revenues. Key Takeaways: US winter storms forced miners offline, driving a 12% drop in Bitcoin’s network hashrate. Mining revenues and output fell sharply as power disruptions hit major operators. The slowdown marks the steepest production decline since the post-halving period i ...

Bitcoin mining software and services company Luxor has filed a lawsuit against a former employee and bitcoin mining infrastructure provider Giga Energy, alleging ‘systematic’ employee poaching and client interference leading to loss of business. Per the complaint filed on January 30 in the U.S. District Court, Western District of Washington (Seattle), Luxor says that Giga poached two of its employees, Collin Kelly and Aaron Foster, and alleges the company purposely directed them to leverage their prior bu ...

Bitcoin miners are struggling to eke out a profit lately amid the asset’s falling price and external complications, including a winter storm that rocked a large chunk of the United States last weekend, impacting the production of top mining firms. A ratio that tracks the relationship between Bitcoin’s price and the profitability of running Bitcoin mining operations has hit a 14-month low, according to data from CryptoQuant.  “The miner profit/loss sustainability index is at 21, the lowest since November 20 ...

Core Viewpoint - Rosen Law Firm is reminding investors about a class action lawsuit against Bitdeer Technologies Group, alleging that the company misled investors regarding its business operations and the performance of its SEALMINER Bitcoin mining technology [1][2]. Group 1: Allegations - The lawsuit claims that Bitdeer provided misleading information about its SEALMINER Bitcoin mining machine, specifically regarding the mass production of its fourth-generation SEALMINER (A4) rigs and the expected energy efficiency of its SEAL04 ASIC chip technology [3]. - Defendants allegedly failed to disclose that the SEAL04 chip, projected to have an energy efficiency of 5 J/TH, would not be ready for use in the A4 rigs until mass production was expected to begin in the second quarter of 2025 [3]. Group 2: Legal Proceedings - Shareholders interested in participating in the class action must file motions to serve as lead plaintiff by February 2, 2026, with the lead plaintiff representing other class members in the litigation [4]. - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [4]. Group 3: Rosen Law Firm Overview - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [6].

Core Viewpoint - IREN Limited is expected to report significant revenue growth of 92.42% year-over-year for Q2 fiscal 2026, but faces a widening bottom-line loss, indicating deteriorating earnings quality compared to the previous year [1][7]. Financial Performance - The Zacks Consensus Estimate for Q2 fiscal 2026 revenues is $230.12 million, reflecting a substantial increase from the previous year [1]. - The consensus estimate for the bottom-line loss is 9 cents, which has widened by two cents over the past month, contrasting with earnings of 9 cents in the same quarter last year [1]. - Over the last four quarters, IREN has missed earnings expectations three times, with an average negative earnings surprise of 26.52% [2]. Earnings Expectations - IREN currently has an Earnings ESP of -39.29% and a Zacks Rank of 3, indicating a lower likelihood of an earnings beat this quarter [4][3]. - The company’s earnings quality is expected to weaken due to the absence of unrealized gains that previously inflated net income and EBITDA [9]. Operational Factors - IREN is expanding its GPU capacity from 23,000 to a targeted 140,000 GPUs by the end of 2026, which is expected to support revenue growth amid rising AI cloud demand [5]. - The company has a strong liquidity position with approximately $1.8 billion in cash, which helps sustain its Bitcoin mining operations despite power cost volatility [6]. Capital Expenditure and Strategy - IREN plans to invest approximately $5.8 billion in GPUs and related infrastructure, which may increase leverage and dilute shareholders [8]. - The company’s capital-intensive expansion strategy poses risks to financial flexibility and performance in the near term [7][17]. Competitive Landscape - IREN faces heightened competition in the AI cloud and HPC sectors from rapidly expanding peers like Applied Digital and TeraWulf, which may impact its growth objectives [16]. - Despite a strong liquidity position and operational momentum, the company’s premium valuation raises downside risk [17]. Stock Performance - IREN's shares have declined 1.5% over the past three months, underperforming the broader Finance sector, which returned 4.3% [10]. - The stock is currently considered overvalued, with a forward 12-month price/sales ratio of 8.04, significantly higher than the industry average of 3.03 [12].