Core Viewpoint - TeraWulf Inc. plans to offer $3.2 billion in senior secured notes to finance the expansion of its data center at the Lake Mariner campus in New York, with the offering subject to market conditions [1][2]. Group 1: Offering Details - WULF Compute LLC intends to offer $3.2 billion aggregate principal amount of senior secured notes due 2030 in a private offering [1]. - The notes will be fully guaranteed by WULF Compute's subsidiaries and secured by first-priority liens on substantially all assets of WULF Compute and the Guarantors [3]. - The offering is being managed by Morgan Stanley as the Sole Bookrunner [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to finance a portion of the data center expansion at the Lake Mariner campus [2]. - TeraWulf will provide customary completion guarantees to ensure the timely completion of the data center buildings [4]. Group 3: Regulatory and Legal Considerations - The notes have not been registered under the Securities Act and will only be offered to qualified institutional buyers under Rule 144A [5]. - The press release does not constitute an offer to sell or a solicitation of an offer to buy the notes [6]. Group 4: Company Overview - TeraWulf develops and operates environmentally sustainable, industrial-scale data center infrastructure in the U.S., focusing on high-performance computing [7]. - The company is led by a team of experienced energy infrastructure entrepreneurs and aims to lead the market in large-scale digital infrastructure [7].

Core Viewpoint - Bitfarms Ltd. has appointed Jonathan Mir as Chief Financial Officer, effective October 27, 2025, to support the company's transition to a North American HPC/AI infrastructure company [2][3][4] Company Overview - Bitfarms is a North American energy and digital infrastructure company focused on building and operating data centers and energy infrastructure for high-performance computing and Bitcoin mining [5][6] - The company has a 1.3 GW energy pipeline, with over 80% of its projects based in the U.S., strategically located in areas with strong access to power and fiber infrastructure [5] Leadership Transition - Jonathan Mir brings over 25 years of capital markets experience in energy infrastructure, having previously worked at Lazard Inc. and Bank of America [3][4] - The current CFO, Jeff Lucas, will retire but will remain as a strategic financial advisor until Q1 2026 to ensure a smooth transition [2][4] - CEO Ben Gagnon expressed gratitude for Jeff Lucas's contributions during his tenure, highlighting the company's transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company [4] Financial Position - Bitfarms currently holds approximately US$330 million in cash and Bitcoin, with an additional US$250 million available for financing its flagship Panther Creek Campus [4] - The company has successfully raised and deployed hundreds of millions of dollars and completed multiple acquisitions, including a significant public M&A deal [4]

Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $54 million, representing about 59% of its market capitalization as of October 13, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds approximately 130.7807 Bitcoin, valued at around $15.1 million based on the Bitcoin price of $115,170 on October 12, 2025 [2] - Sentinum's Bitcoin holdings consist of 29.0739 Bitcoin from mining operations and 101.7068 Bitcoin acquired from the open market, including 36.7950 Bitcoin purchased in the week ending October 12, 2025 [2] Investment Strategy - Hyperscale Data has allocated $38.9 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy to mitigate short-term market volatility [3][4] - The company targets investing at least 5% of allocated cash weekly, with actual amounts varying based on market conditions [4] Growth and Reporting - Both open-market purchases and self-mined Bitcoin contribute to the growth of the digital asset treasury position [5] - Hyperscale Data will issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [5] Future Plans - The company expects to divest Ault Capital Group, Inc. in the second quarter of 2026, focusing on data center operations and digital asset holdings post-divestiture [7] - The divestiture will involve a voluntary exchange of Series F Preferred Stock for shares of ACG, allowing stockholders to become shareholders of ACG [8]

Core Insights - Companies are collaborating to build and power large data centers specifically designed for AI operations, which require substantial electricity and a stable, lower-carbon energy source [1][4] Group 1: Partnership and Investment - Bloom Energy has formed a $5 billion partnership with Brookfield Asset Management to develop AI factories powered by Bloom's advanced fuel cell technology [2][5] - Brookfield recognizes the potential of AI and anticipates total spending on AI infrastructure to exceed $1 trillion this decade and $7 trillion over the next 10 years [3] Group 2: Infrastructure Requirements - AI factories necessitate a unique approach to construction, requiring massive power, rapid deployment, and real-time load responsiveness that traditional grids cannot support [4] - Electricity demand from AI data centers in the U.S. is projected to exceed 100 gigawatts (GW) by 2035, a significant increase from 4 GW last year [6] Group 3: Power Generation and Renewable Energy - Brookfield is heavily investing in renewable power, controlling over 46 GW of power-generation capacity and having about 230 GW of renewable energy development projects in its pipeline [7] - The company is also investing over $100 billion into digital infrastructure globally, including data centers and semiconductor fabrication facilities [8] Group 4: Future Growth Potential - The partnership between Bloom Energy and Brookfield aims to create scalable global solutions for AI factories, leveraging expertise in both data center development and power [9] - Bloom Energy's fuel cells are expected to play a crucial role in providing stable power for AI, potentially driving significant growth for both companies in the coming years [11]

Google is planning to invest more than $10 billion in southern India to set up a 1-gigawatt data center, marking one of its biggest bets in a market that’s key to its global expansion plans. https://t.co/gU9yjJdOtf ...

Core Insights - The focus is on overlooked stocks, particularly Applied Digital, which has shown resilience by trading higher despite market fluctuations [1][2] - Applied Digital has transitioned from a crypto mining hosting company to a player in AI and data centers, leveraging idle GPU capacity for increased yield [2][3] Financial Performance - Applied Digital reported an 85% increase in sales to $64 million, surpassing estimates of $45 million [4] - The company posted a loss of $0.03 per share, significantly better than the estimated loss of $0.15 per share [5] - Guidance for the year has improved, with expected losses reduced from $0.50 to $0.30 per share, and next year's losses projected to decrease from $0.30 to $0.12 per share, indicating a move towards break-even [6] Market Position and Growth Potential - The stock has increased by 400% year-to-date, with sales expected to reach $290 million this year, up from $173 million, and projected to approach $600 million next year [7][8] - The company has secured a significant long-term deal worth $11 billion with Coreweave, compared to last year's sales of approximately $170 million, highlighting substantial growth potential [14] Competitive Landscape - Applied Digital competes with other companies in the crypto mining and AI space, such as Riot Platforms, Mara, and Hive Technologies, all of which have also seen significant stock price increases [9][10] - The transition from crypto mining to AI processing is facilitated by existing infrastructure, allowing these companies to capitalize on high demand for computing power [11][12] Strategic Considerations - The long-term deal with Coreweave is crucial, provided it is a solid contractual obligation without cancellation clauses, as it could significantly impact future revenue growth [15] - The trend towards profitability and revenue growth is essential for Applied Digital and its competitors, although volatility remains a concern for long-term investors [15]

Key Points The company released its quarterly earnings on Friday, beating Wall Street's sales targets. AI compute demand still appears to be white-hot. 10 stocks we like better than Applied Digital › Shares of Applied Digital (NASDAQ: APLD) are climbing on Monday, up 7% as of 2:56 p.m. ET. The jump comes as the S&P 500 and the Nasdaq Composite were both moving higher. The artificial intelligence (AI) data center company's stock is still rising after it released its quarterly earnings that surpassed ...

Core Insights - Applied Digital's stock price surged by 30% in October, driven primarily by short-covering rather than fundamental improvements in the company's outlook [3][5][11] - The company reported a strong fiscal Q1, with core business growth of 85%, significantly exceeding consensus estimates [7] - Applied Digital is expanding its AI data center operations, with plans for a second facility that could double its capacity and generate an annualized net operating income (NOI) run rate of $500 million per facility, aiming for a total of $1 billion by 2028 [8][9][10] Company Performance - The core business growth of 85% in fiscal Q1 surpassed consensus by over 4,000 basis points [7] - The company is focusing on AI-driven demand, which is overshadowing its cryptocurrency-oriented operations [7] - New contracts and plans for additional AI-centric data centers are in progress, indicating strong future growth potential [8][10] Market Dynamics - Short interest in Applied Digital was over 32% in late September, contributing to the significant stock price movement [4] - Analysts have raised price targets for APLD, with a 12-month forecast average of $22.10, indicating a potential downside of 34.98% from the current price [11] - Institutional ownership exceeds 65%, with institutions buying robustly throughout the year, but the recent price surge may lead to profit-taking and increased selling pressure [13] Technical Analysis - The stock's recent surge created a bullish technical outlook, breaking critical resistance levels [14] - The potential for a pullback exists, with the stock possibly returning to previous highs near $30 before reaching new highs [14]

Core Viewpoint - Equinix, Inc. is a global digital infrastructure company with a market capitalization of approximately $78.4 billion, focusing on carrier-neutral data centers and interconnection services to support enterprises and cloud providers [1] Financial Performance - Equinix is expected to announce its fiscal third-quarter earnings for 2025 on October 29, with analysts predicting an FFO of $8.20 per share, a decrease of 9.4% from $9.05 per share in the same quarter last year [2][3] - For the full fiscal year 2025, analysts anticipate an FFO of $33.88 per share, down 3.3% from $35.02 per share in fiscal 2024, but expect a year-over-year increase of 4.8% to $35.50 in fiscal 2026 [3] Stock Performance - Equinix's stock has underperformed the S&P 500 Index, which gained 13.4% over the past 52 weeks, with EQIX shares down 8% during the same period [4] - The stock also underperformed the Real Estate Select Sector SPDR Fund, which declined by 5.4% [4] Growth Outlook - The company has announced plans for significant long-term investments to expand data center capacity to meet AI demand, although this has led to a cautious growth outlook and rising spending, disappointing some investors [5] Analyst Sentiment - Analysts maintain a bullish consensus on EQIX stock, with a "Strong Buy" rating from 21 out of 30 analysts, while the average price target is $962.85, suggesting a potential upside of 20.3% from current levels [6]

Shares of Bloom Energy soared as much as 36% in premarket trading as Brookfield agreed to invest up to $5 billion to deploy the company’s fuel cells at new data centers that operate AI https://t.co/EBGzvxDqad ...