Core Viewpoint - IREN Limited (NASDAQ:IREN) has been added to the MSCI USA Index, which is expected to enhance its visibility and accessibility to institutional investors and index-tracking funds [2][3]. Group 1: Company Overview - IREN Limited, founded in 2018, operates renewable-energy-powered data centers focused on Bitcoin mining and AI cloud services, with its headquarters in Sydney, Australia [4]. Group 2: MSCI USA Index Inclusion - The inclusion in the MSCI USA Index will take effect after market close on February 27, 2026, and the index tracks approximately 85% of the U.S.'s free float-adjusted market capitalization [2]. - Co-Founder and Co-CEO Daniel Roberts stated that this milestone reflects the scale and liquidity built in the business and will broaden institutional access as the company executes its AI Cloud strategy [3]. Group 3: Analyst Ratings - On February 10, 2026, Canaccord Genuity analyst Joseph Vafi reiterated a Buy rating on IREN Limited with a price target of $70 [3].

Core Insights - Riot Platforms, Inc. is a leader in the Bitcoin-driven industry focused on developing large-scale data centers and bitcoin mining applications, with an earnings conference call scheduled for March 2, 2026 [1][4] Company Overview - Riot's vision is to be the most trusted platform for powering and building digital infrastructure, aiming to positively impact various sectors, networks, and communities [3] - The company operates Bitcoin mining facilities in central Texas and Kentucky, with engineering and fabrication capabilities located in Denver and Houston [4] - Riot is expanding into data center development, reinforcing its role as a foundational builder in the digital economy [4]

Core Viewpoint - Bitdeer Technologies Group has announced a registered direct offering of 5,503,030 Class A ordinary shares at a price of US$7.94 per share, aiming to raise approximately US$43.5 million in net proceeds, which will be used for various corporate purposes including debt repayment and business expansion [1][2][3]. Group 1: Offering Details - The registered direct offering is priced at US$7.94 per Class A ordinary share and is expected to close on February 26, 2026, subject to customary closing conditions [1]. - The net proceeds from the registered direct offering are estimated to be around US$43.5 million after deducting offering expenses [2]. - The offering is part of a broader financing strategy that includes a separate private offering of 5.00% Convertible Senior Notes due 2032, which could raise approximately US$315.1 million [2]. Group 2: Use of Proceeds - Bitdeer plans to allocate approximately US$29.2 million of the proceeds to cover the costs of capped call transactions [3]. - An estimated US$138.2 million will be used to repurchase US$135.0 million of its 5.25% convertible senior notes due 2029 [3]. - Remaining proceeds will be directed towards datacenter expansion, high-performance computing (HPC) and AI cloud business expansion, ASIC-based mining rig development, and general corporate purposes [3]. Group 3: Transaction Contingencies - The completion of the registered direct offering is contingent upon the successful completion of the notes offering and the note repurchase transactions [4]. - The notes offering is not contingent on the completion of the registered direct offering or the note repurchase transactions [4]. Group 4: Company Overview - Bitdeer Technologies Group is a leading technology company specializing in Bitcoin mining and AI infrastructure, providing comprehensive solutions including equipment procurement, datacenter design, and operations [7][8]. - The company is headquartered in Singapore and has deployed datacenters in various countries including the United States, Norway, and Bhutan [8].

Core Viewpoint - Bitdeer Technologies Group has announced the pricing of a US$325 million offering of 5.00% Convertible Senior Notes due 2032, increasing from the previously announced US$300 million, with an option for initial purchasers to buy an additional US$50 million [1][2] Group 1: Convertible Notes Offering - The notes will accrue interest at a rate of 5.00% per year, payable semiannually starting September 1, 2026, and maturing on March 1, 2032 [2] - The initial conversion rate is set at 100.7557 Class A ordinary shares per US$1,000 principal amount, equating to an initial conversion price of approximately US$9.93 per share, representing a 25% premium over the offering price [2] - Bitdeer may redeem the notes for cash starting March 6, 2030, under certain conditions, including if the Class A ordinary shares trade at least 130% of the conversion price for 20 trading days [3][4] Group 2: Use of Proceeds - Bitdeer estimates net proceeds from the notes offering to be approximately US$315.1 million, or US$363.7 million if the option for additional notes is fully exercised [7] - The proceeds will be used to cover costs related to capped call transactions, repurchase existing convertible senior notes, and fund datacenter expansion, HPC and AI cloud business expansion, and ASIC mining rig development [7] Group 3: Capped Call Transactions - Bitdeer has entered into capped call transactions to offset potential dilution from the conversion of the notes, with an initial cap price of US$15.88 per Class A ordinary share [8][9] - The capped call transactions are designed to mitigate the impact of any conversion on the market price of the Class A ordinary shares [8] Group 4: Concurrent Registered Direct Offering - Bitdeer has also announced a registered direct offering of 5,503,030 Class A ordinary shares at US$7.94 per share, with settlement scheduled for February 26, 2026 [12] - The net proceeds from this offering will be used in conjunction with the notes offering to repurchase US$135 million of its November 2029 notes for approximately US$138.2 million [12]

We recently published 10 Losing Stocks in an Otherwise Optimistic Market. TeraWulf Inc. (NASDAQ:WULF) was one of the worst performers on Wednesday. TeraWulf slashed its share prices by 4.94 percent on Wednesday to close at $15.38 apiece as investors parked funds while waiting for the results of its earnings performance later this month, as well as further developments to bolster buying appetite. According to the company, it is scheduled to release its financial and operating highlights in the fourth qua ...

Cipher Mining Inc. (NASDAQ:CIFR) is one of the best stocks to buy and hold for the next 6 months. On February 9, Morgan Stanley initiated coverage of Cipher Mining Inc. (NASDAQ:CIFR) with an Overweight rating and a $38 price target. Strong Analyst Support and Funding Boost Cipher Mining Inc. (CIFR)’s Outlook According to the investment bank, Cipher Mining is one of the Bitcoin mining companies well-positioned to benefit from a pivot to data centers. The investment bank expects Bitcoin companies with esta ...

CleanSpark Inc. (NASDAQ:CLSK) is one of the best single digit stocks to buy according to analysts. On February 9, Keefe Bruyette lowered its price target for CleanSpark from $18 to $14 and kept an Outperform rating. The firm noted that while ERCOT’s proposed batch study introduces uncertainty regarding the company’s Texas pipeline, the firm remains constructive on the Sealy project. On the same day, Clear Street analyst Brian Dobson lowered the firm’s price target on CleanSpark to $22 from $27 while keep ...

U.S. law firm Lehotsky Keller Cohn filed a lawsuit against a committee of the bankrupt Bitcoin miner Rhodium Enterprises’ board and an investor group on Feb. 13. The Texas-based law firm sued the miner for allegedly blocking the legal fee of $11 million and attacking its reputation. Related: Another crypto company files for Chapter 11 bankruptcy Rhodium filed for bankruptcy protection in August 2024 Rhodium is a Bitcoin mining firm that filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for t ...

Core Insights - A new leader has emerged in the public Bitcoin mining sector, with Bitdeer surpassing MARA in self-mining hash rate, now at 63.2 EH/s compared to MARA's 60.4 EH/s [1] Group 1: Company Performance - Bitdeer added 8 EH/s in January, attributed to the deployment of its proprietary SEALMINER rigs, marking an impressive growth [5] - Bitdeer mined 668 BTC in January, representing a 430% year-over-year increase [6] - Bitdeer reported a total hash rate under management of 78.1 EH/s, including 13.0 EH/s for hosted operations [6] Group 2: Industry Trends - Bitcoin mining has become more challenging due to rising network difficulty, post-halving reward reductions, and volatile energy prices, squeezing margins for miners [3] - Many Bitcoin miners are pivoting to artificial intelligence, Ethereum staking, or shutting down operations [4] - MARA has shifted its focus from aggressive Bitcoin mining to broader digital infrastructure and AI workloads for customers, making direct output comparisons more difficult [6][7]

Group 1 - Riot Platforms (RIOT.US) shares rose over 5%, reaching $15.4 [1] - Activist investor Starboard Value is urging Riot Platforms to accelerate its transition to artificial intelligence data centers [1] - The company is positioned favorably to capitalize on the growing demand for artificial intelligence infrastructure [1]