Bitcoin Mining
Search documents
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Bitdeer Technologies Group Investors to Secure Counsel Before Important Deadline in Securities Class Action - BTDR
TMX Newsfile· 2026-01-21 03:11
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 lawsuit alleges that Bitdeer provided misleading information regarding its SEALMINER Bitcoin mining machine, specifically about the energy efficiency of its SEAL04 chip and the timeline for mass production [5] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4]
Bitcoin mining stocks drop as bitcoin tests $90,000 support
Yahoo Finance· 2026-01-20 15:36
Bitcoin mining stocks opened sharply lower Tuesday to begin the trading week as bitcoin’s price retreated toward a critical support level. Major operators including MARA (NASDAQ: MARA) and Riot (NASDAQ: RIOT) erased recent gains and tracked a broader decline in cryptocurrency markets. Bitcoin traded at $90,489 on the stock market open, a loss of 2.28% over 24-hours. Bitcoin hovered just above the $90,000 mark and exerted downward pressure on bitcoin mining stock valuations across the board. MARA led the ...
LM Funding America Adds Additional 35 PH/s with Energization of Second Oklahoma Immersion Unit
Globenewswire· 2026-01-20 13:00
TAMPA, Fla., Jan. 20, 2026 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin treasury and mining company, today announced that it has successfully energized the second BC40 Elite immersion cooled Foghashing unit at its Oklahoma site. This unit, powering an additional 160 next-generation Bitmain S21 immersion miners, adds approximately 35 Petahash (“PH/s”), bringing the Company’s total energized hashrate to an estimated 785 PH/s. “We are now operating at o ...
Bitfarms Ltd. (BITF) Announces the Sale of Bitcoin Mining Site in Paso Pe
Yahoo Finance· 2026-01-19 13:02
Group 1 - Bitfarms Ltd. announced the sale of its 70 MW Bitcoin mining site in Paraguay to Sympatheia Power Fund, marking its exit from Latin America [1][2] - The transaction is expected to close within 60 days, with Bitfarms receiving $9 million in cash and up to $21 million in milestone payments over the next 10 months [2][3] - This strategic move aligns with the company's initiative to focus on North America for higher returns in HPC/AI infrastructure, accelerating expected free cash flow from the sold site [2][3] Group 2 - Bitfarms Ltd. is recognized as a leading North American energy and digital infrastructure company, specializing in high-performance computing and Bitcoin mining [3]
Northland Initiates CleanSpark (CLSK) at Outperform with $22.50 PT on Strategic AI Pivot
Yahoo Finance· 2026-01-19 13:02
Core Viewpoint - CleanSpark Inc. (NASDAQ:CLSK) is recognized as a promising long-term investment, particularly due to its strategic pivot towards AI data centers and its strong position in Bitcoin mining [1][2][3]. Group 1: Company Overview - CleanSpark operates as a Bitcoin mining company in the Americas, owning, leasing, and managing data centers and power assets [4]. - The company currently has approximately 50 EH/s of mining capacity in the US [1]. Group 2: Strategic Developments - Northland initiated coverage of CleanSpark with an Outperform rating and a price target of $22.50, emphasizing the company's diversification into HPC and AI data centers [1][3]. - Maxim Group also initiated coverage with a Buy rating and a price target of $22, highlighting CleanSpark's shift from Bitcoin mining to AI data centers to meet rising infrastructure demand [2]. - The company has acquired a 285MW site in Texas and secured approximately 1.5GW of contracted power by November 2025, providing a competitive edge over rivals facing approval delays [3].
Riot Platforms, Inc. (NASDAQ: RIOT) Targets Significant Growth with Strategic Data Center Expansion
Financial Modeling Prep· 2026-01-17 00:09
Core Insights - Riot Platforms, Inc. is expanding into the data center space, aligning with the evolving demands of the digital age [1][3] - Cantor Fitzgerald has set a price target of $31 for Riot, indicating a potential upside of 64.63% from its current trading price of $18.83 [3] Strategic Moves - The company plans to acquire 200 acres of land for $96 million to expand its Rockdale data center, funded by selling 1,080 of its Bitcoin [2][3] - Riot has executed its first data center lease with Advanced Micro Devices (AMD) at the Rockdale site, with delivery expected to begin in January 2026 [2][3] Market Performance - Riot's stock has increased by 13.61%, trading at $18.82, with a daily fluctuation between $17.30 and $19.05 [4] - The company's market capitalization is approximately $7 billion, with a trading volume of 38.42 million shares [4] - Riot's data center portfolio has 1.7 gigawatts of fully approved power capacity, positioning it as a key player in the U.S. data center market [4]
Stock Market Today, Jan. 16: Riot Platforms Surges After Securing AMD Data Center Lease
The Motley Fool· 2026-01-16 22:59
On Jan. 16, 2026, a landmark AMD data center lease and Rockdale land purchase put this Bitcoin miner’s AI ambitions in sharper focus.NASDAQ : RIOTRiot PlatformsToday's Change( 16.11 %) $ 2.67Current Price$ 19.24Key Data PointsMarket Cap$6.2BDay's Range$ 17.30 - $ 19.3952wk Range$ 6.19 - $ 23.93Volume54MAvg Vol19MGross Margin-1168.45 %Riot Platforms (RIOT +16.11%), a Bitcoin mining and data center operator, closed Friday at $19.23, up 16.05%. The stock moved higher after news of a long-term data center lease ...
12 Best Future Stocks to Buy For the Long Term
Insider Monkey· 2026-01-16 20:25
Group 1: Tech Market Outlook - The tech bull market is expected to continue, with Nvidia's CEO Jensen Huang being recognized as a pivotal figure in the AI revolution, shifting focus from hardware to robotics and autonomous technology [1] - AI-related stocks have recently surged following strong earnings from Micron, indicating robust demand for memory chips, although there is a bipolar market environment where stocks react strongly to news [2] - The S&P tech sector is trading at a lower forward P/E ratio compared to the beginning of the year, suggesting that fears of an AI bubble are keeping valuations in check [2] Group 2: Future Market Predictions - Looking ahead to 2026, market vulnerability is anticipated, with the Federal Reserve identified as a primary threat to the bull market rather than valuation concerns [3] - A washout is deemed necessary to reset bullish sentiment, similar to how surprise tariffs in early 2025 prepared the market for a subsequent run [3] Group 3: Stock Recommendations - CleanSpark Inc. (NASDAQ:CLSK) is highlighted as a top future stock, with an average upside potential of 74.16% and 34 hedge fund holders, focusing on Bitcoin mining and expanding into AI data centers [8][9] - AstraZeneca (NASDAQ:AZN) is also recommended, with a 9.65% average upside potential and 54 hedge fund holders, bolstered by positive trial results for Saphnelo, which offers a new self-administered treatment option for systemic lupus erythematosus [12][13][14]
Riot Platforms stock jumps after $1B AMD AI deal
Yahoo Finance· 2026-01-16 19:40
Riot Platforms (NASDAQ: RIOT) is opening a new chapter in its expansion plans. The Bitcoin mining giant has entered a major partnership with semiconductor giant AMD (NASDAQ: AMD). Riot joins a growing group of Bitcoin miners pivoting toward artificial intelligence (AI) infrastructure, leveraging their access to power and real estate to diversify revenue streams as AI demand accelerates. Related: What is Bitcoin mining? Explained Bitcoin mining companies turn to AI Bitcoin mining companies are increasi ...
Why Shares of Riot Platforms Are Surging Today
Yahoo Finance· 2026-01-16 18:31
Key Points Riot Platforms will purchase 200 acres of land that it currently occupies. Riot will then lease the land to Advanced Micro Devices for data center capacity. It has not been uncommon for Bitcoin miners to transition their data centers to providing artificial intelligence capacity. 10 stocks we like better than Riot Platforms › Shares of the Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded nearly 13.5% higher today, as of 1:11 p.m. ET. The company announced the acquisition of land and ...