Data Center

New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin mining stocks.

Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.

A 16-year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams beyond Bitcoin.

Monday’s announcement that Texas Governor Greg Abbott set a moratorium on approval of ERCOT-linked data centers pending an audit won’t impact miners’ approved electricity contracts.

The Bitcoin miner is using part of its treasury and a BTC-backed credit facility to fund an AI campus tied to a potential multi-billion-dollar infrastructure contract.

Russian authorities charged BitRiver founder Igor Runets with fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire Oleg Deripaska.

The crypto-focused companies announced separate acquisitions as demand for power-intensive AI and digital infrastructure continues to grow.

Core Scientific reported strong second-quarter revenue growth as AI colocation became its largest business, though a non-cash accounting charge resulted in a $1.15 billion net loss.

Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor recovery program.