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TeraWulf Reports Q1 2026 Results and New Revolving Credit Facility
TeraWulf Inc. reported total revenue of $34.0 million for the three months ended March 31, 2026, including $12.99 million from digital asset revenue and $21.02 million from HPC lease revenue. The company incurred a net loss of $427.6 million, significantly higher than the $59.6 million loss in the prior year period, driven by increased operating expenses, depreciation, impairment charges, and interest expense.
IREN Shares Jump 16% as Bitcoin Mining Retreat Fuels AI Expansion
IREN stock jumped 16% Friday morning as investors cheered the company’s accelerating AI expansion, which now includes decommissioning Bitcoin mining hardware an...
May 8, 2026
HIVE Advances Canadian Sovereign AI Push With New Brunswick Fiber Network Upgrade
HIVE Digital Technologies said Friday it is investing in new fiber infrastructure at its Grand Falls, New Brunswick campus as the Bitcoin miner continues repositioning itself toward AI and high-performance computing services.
3d ago
IREN Deepens NVIDIA Partnership With $3.4 Billion AI Cloud Agreement
IREN signed a five-year, $3.4 billion AI cloud contract with NVIDIA while deepening a broader strategic partnership that could see the chipmaker invest as much as $2.1 billion into the data center operator, underscoring how Bitcoin miners are increasingly repositioning themselves as AI infrastructure providers.
3d ago
MARA Moves to Amend $600M Long Ridge Notes Ahead of Power Asset Acquisition
MARA Holdings is seeking bondholder approval to avoid triggering a mandatory debt buyback tied to its proposed acquisition of the Long Ridge natural gas-powered data center and energy assets, according to a company statement released Thursday.
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