Crypto mining stocks jumped on Tuesday after Nebius Group announced a five-year agreement to supply Microsoft (MSFT) with graphic processing units valued at $17.4 billion.The deal, aimed at bolstering Microsoft’s…
Bitcoin BTC$107,673.75 miner IREN (IREN) posted its first full-year profit as the company founded in 2018 expanded into AI cloud computing and ramped up production capacity with more efficient rigs.…
IREN (IREN) reported fourth-quarter results that highlighted rapid progress in both its bitcoin mining and artificial intelligence infrastructure businesses, according to a Friday research report by broker Canaccord Genuity.The broker…
AI infrastructure firm CoreWeave (CRWV) has agreed to buy bitcoin miner Core Scientific (CORZ) in an all-stock deal valuing CORZ at approximately $20.40 per share, based on recent closing…
Australian bitcoin miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH/s) installed self-mining capacity.The growth from 31 EH/s at the end of…