Core Viewpoint - TeraWulf Inc. plans to offer $400 million in convertible senior notes due 2031, subject to market conditions, to qualified institutional buyers [1][10] Group 1: Offering Details - The company may grant initial purchasers an option to buy an additional $60 million in convertible notes within 13 days of the initial issuance [2] - The offering is contingent on market conditions, and there is no assurance regarding its completion [2] - The convertible notes will be senior unsecured obligations, accruing interest payable semi-annually starting March 1, 2026, and maturing on September 1, 2031 [4] Group 2: Use of Proceeds - Net proceeds from the offering will be used to cover costs related to capped call transactions and to finance data center expansion and general corporate purposes [3] Group 3: Conversion Terms - The convertible notes can be converted into cash or a combination of cash and shares of common stock, subject to stockholder approval for an increase in authorized shares [5] - Conversion is restricted until certain conditions are met prior to June 1, 2031, after which it can occur at any time until two trading days before maturity [4][5] Group 4: Capped Call Transactions - The company plans to enter capped call transactions to reduce potential dilution of common stock upon conversion of the notes [6][7] - Initial hedging activities related to these transactions may influence the market price of the common stock and convertible notes [8] Group 5: Company Overview - TeraWulf develops and operates environmentally sustainable data center infrastructure in the U.S., focusing on high-performance computing and bitcoin mining [12]

Represents $6.7 Billion in Contracted Revenue, with Potential to Reach $16 Billion with Lease Extensions Total Contracted Capacity Increases to Over 360 MW of Critical IT Load TeraWulf and Fluidstack Engaged in Discussions Regarding Additional Capacity EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that Fluidstack, a premier AI c ...

About Bitfarms Ltd. TORONTO, Ontario and NEW YORK, N.Y., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the "Company"), a global energy and compute infrastructure company, today announced that the Board of Directors (the "Board") has unanimously approved the appointment of Wayne Duso to the Company's Board, effective immediately. With the appointment of Mr. Duso, Bitfarms' Board is now comprised of seven directors, six of whom are independent. Mr. Duso is a distinguished senior engineer ...

Core Viewpoint - The Trump administration faces significant opposition regarding its plans to reduce subsidies for wind and solar energy, with a notable increase in Solaredge Technologies' stock price following lobbying efforts from a key industry coalition [1][2]. Group 1: Stock Performance - Solaredge Technologies' share price increased by over 17%, contrasting sharply with the S&P 500 index, which declined by 0.3% [2]. Group 2: Industry Coalition's Actions - The Data Center Coalition formally requested U.S. Treasury Secretary Scott Bessent to maintain the current federal subsidy framework for wind and solar projects [3]. - The coalition emphasized that any regulatory delays in deploying new energy generation would hinder the ability to meet future electricity demands driven by artificial intelligence [5]. Group 3: Coalition Composition - The coalition includes major tech and financial companies such as Google, Amazon Web Services, and Visa, indicating a strong influence on the government's decision-making process [6].

Core Viewpoint - Iren Limited (IREN) is identified as a promising investment opportunity due to its alignment with key technology trends such as artificial intelligence, cryptocurrency, and cloud computing, alongside strong fundamentals and technical momentum [1][4]. Company Overview - Iren Limited operates next-generation, vertically integrated data centers designed for AI, crypto mining, and high-performance cloud workloads, fully powered by renewable energy [3]. - Founded in 2018 and headquartered in Sydney, the company has established large-scale, grid-connected facilities across North America, providing scalable and energy-efficient compute infrastructure [3]. Financial Performance - Analysts have significantly revised earnings forecasts for Iren Limited, with current quarter estimates raised by 31% and FY25 projections increased by 134%, resulting in a Zacks Rank 2 (Buy) rating [5]. - Revenue is expected to grow by 173% this year to approximately $515 million, followed by an 86% increase next year, nearing $960 million, highlighting the company's growth potential in AI, crypto, and cloud computing [6]. Valuation Metrics - Despite the anticipated explosive growth, IREN is trading at a forward earnings multiple of 16.6x, which is considered attractive given its momentum and sector trends [7]. Technical Analysis - The stock has experienced a significant rally, increasing over 250% since April, and is currently forming a consolidation pattern, which often precedes further upward movement [9]. - Shares are near a key resistance level around $19.15, and a decisive move above this level could trigger a technical breakout, leading to increased buying momentum [10]. Investment Consideration - Iren Limited presents a compelling alternative to larger competitors like Nvidia and Vertiv, offering a smaller market cap with high growth potential in the AI and data center sectors [11]. - With positive earnings revisions, substantial projected revenue growth, reasonable valuation, and a favorable technical setup, IREN is emerging as a strong candidate for growth-oriented investors [12].

Core Viewpoint - Jet.AI reported a decline in revenues for the second quarter of 2025, primarily due to reduced charter and jet card revenues as clients anticipated the sale of its aviation business to flyExclusive, despite an increase in software application revenue [3][4][5]. Financial Results Summary Second Quarter 2025 - Revenues were $2.2 million, down from $3.1 million in the same period last year, reflecting a decrease in Cirrus Charter and Jet Card revenue [3]. - Software App and Cirrus Charter revenue was $1.3 million compared to $1.6 million in the same period last year [4]. - Management and Other Services revenue totaled $533,000, down from $914,000 year-over-year [4]. - Jet Card and Fractional Programs revenue was $421,000, compared to $559,000 in the same period last year [5]. - Cost of revenues decreased to $2.3 million from $3.5 million, attributed to reduced charter flight activity [5]. - Gross loss was approximately $110,000, improved from a loss of $417,000 in the same period last year [6]. - Operating expenses totaled $2.4 million, down from $2.8 million, mainly due to lower general and administrative and sales and marketing expenses [6]. - Operating loss was approximately $2.5 million, compared to a loss of $3.2 million in the same period last year [7]. - As of June 30, 2025, cash and cash equivalents were approximately $8.3 million [7]. Six Months 2025 - Revenues for the six months ended June 30, 2025, were $5.7 million, down from $6.9 million in the same period last year [8]. - Software App and Cirrus Charter revenue for the six months was $3.1 million, compared to $4.0 million in the same period last year [8]. - Management and Other Services revenue totaled $1.8 million, slightly up from $1.7 million year-over-year [10]. - Jet Card and Fractional Programs revenue was $765,000, down from $1.2 million in the same period last year [10]. - Cost of revenues for the six months totaled $5.9 million, down from $7.5 million, due to decreased payments for aircraft management and operations [11]. - Gross loss for the six months was approximately $226,000, improved from $541,000 in the same period last year [12]. - Operating expenses totaled $5.4 million, down from $5.8 million, primarily due to lower general and administrative expenses [13]. - Operating loss for the six months was approximately $5.7 million, compared to a loss of $6.4 million in the same period last year [14]. Operational Highlights - The company announced a capital contribution to AIIA Sponsor Ltd., which is associated with a SPAC focusing on AI and data center opportunities [9]. - A joint venture with Consensus Core Technologies Inc. was formed to develop two hyperscale data-center campuses in Canada [9]. - The transaction with flyExclusive is on track to close by October 31, 2025 [9][16]. Company Overview - Jet.AI, founded in 2018, is transitioning to a pure-play AI data center company, leveraging expertise in data center development and AI technologies [17].

Landmark financing to support long-term agreement with CoreWeave and fast-track delivery of critical AI and HPC infrastructure in Texas CoreWeave Executes Second-Phase Lease Agreement for Helios Datacenter Expansion NEW YORK, Aug. 15, 2025 /PRNewswire/ - Galaxy Digital Inc. (Nasdaq: GLXY) (TSX: GLXY) (the "Company" or "Galaxy"), a global leader in digital assets and datacenter infrastructure, today announced the closing of a $1.4 billion project financing facility ("Debt Facility") to support the continued ...

Sometimes it's the not-so-familiar names that offer the potential for market-beating returns. For those keenly focused on artificial intelligence (AI) stocks, there are the usual suspects. From graphics processing unit (GPU) leader Nvidia to hyperscalers like CoreWeave and Nebius, it's unsurprising when investors focused on AI stocks find certain names popping up again and again -- and again. But the lack of popularity with respect to other AI-focused companies doesn't mean that their stocks are any less de ...

Samsung C&T, Partner To Build $1.3 Billion Data Center In Vietnam https://t.co/v7fYkXekVY https://t.co/v7fYkXekVY ...

Core Insights - Digi Power X Inc. has reported significant financial improvements, including the removal of going concern risk and achieving over $30 million in cash and equivalents, which includes approximately 80 Bitcoin and 715 Ethereum [5][7] - The company is positioned to capitalize on the expanding AI infrastructure market, with plans to deploy its first NVIDIA B200 GPU cluster by Q1 2026 and is in advanced negotiations for AI infrastructure contracts [5][8][12] Financial Performance - Positive Adjusted EBITDA was achieved in Q2 2025, marking a milestone towards sustainable profitability [7] - Colocation revenue for the first six months of 2025 reached $9.57 million, a 163% increase year-over-year [7] - Energy sales revenue grew 127% year-over-year in Q2 2025 to $5.7 million [7] - The company reported a net loss of $12.07 million for the six months ended June 30, 2025, compared to a net income of $0.08 million in the same period of 2024 [15] Strategic Developments - The company is on track to deploy its first B200 GPU cluster in partnership with Super Micro Computers, Inc. by Q1 2026 [7] - Digi Power X is in advanced discussions with multiple AI customers to secure long-term infrastructure contracts, which are expected to enhance revenue growth [7][12] - The company plans to expand its operational capacity from approximately 100MW to 200MW and beyond, leveraging its existing asset portfolio and targeted acquisitions [8] Capital and Liquidity - The company raised $12.9 million in Q2 2025 through a private placement and warrant exercises [7] - As of now, Digi Power X holds over $30 million in cash, Bitcoin, Ethereum, and cash equivalents, marking its strongest liquidity position in history [7] - Subsequent to the quarter-end, an additional $1.83 million was raised through warrant exercises [7] Market Outlook - The company anticipates continued strength in colocation and AI infrastructure deployments in the second half of 2025, driven by rising demand from enterprise AI, fintech, and data-intensive sectors [8][12] - Strong partnerships and enhanced liquidity position the company to pursue larger-scale projects, including planned expansions in Alabama and North Carolina [8]