Core Scientific closed a $500M credit facility from Morgan Stanley, with the option to expand to $1B, to support development of data center infrastructure and AI computing capacity.
Former OpenAI researcher Leopold Aschenbrenner has grown Situational Awareness LP from $383 million to $5.52 billion in under a year.
Core Scientific plans to sell nearly all its 2,537 BTC in Q1 2026 to fund AI colocation expansion and boost liquidity.
Core Scientific unveiled plans to reduce its Bitcoin holdings significantly as its data center buildout continues ramping up.
Two major Bitcoin miners, MARA Holdings and Core Scientific, are shifting strategies to sell portions of their bitcoin ...
Bitcoin mining companies such as TeraWulf are now looking to repurpose their massive computing capacity for AI. TeraWulf has been selling Bitcoin to finance its AI expansion plans. As long as the ...
Over the weekend, bitcoin miner Cango sold 4,451 bitcoin for around $305 million. According to a company press release, the sale was completed to partially pay down a bitcoin-collateralized loan.
Olga Kharif writes on how the plunge in the value of Ether is highlighting the debate around the prospects for the second-largest cryptocurrency. The crypto selloff is deepening — and no one’s sure ...
WULF is rising +12% in the pre-market following the announcement of the strategic acquisition of two locations, contributing 1.5 GW of power capacity. This essentially doubles the company’s potential ...
Bitcoin miners globally are facing increasing challenges to stay afloat in their business. The whole Bitcoin-halving gambit and the volatility of crypto as a whole, thanks to geopolitical tensions, ...
During the coronavirus pandemic, some of my acquaintances feared they would get laid off and were exploring different revenue streams. Those interested in innovative methods were quickly drawn to ...
Bitcoin Core, the main software used by most full Bitcoin nodes, recently released versions 30.0 and 30.1 and it came with a warning that peaked people's interests on Tuesday. In the absolute worse ...