Cango has sold a significant portion of its bitcoin reserves as part of a strategic shift aimed at reducing financial pressure and repositioning its business toward artificial intelligence infrastructure. The company offloaded more than 4400 bitcoin during February, signaling a departure from accumulation strategies that previously defined the mining sector. The move reflects broader changes […]
Activist investor Starboard Value is pushing bitcoin miner Riot Platforms to move more aggressively into artificial intelligence data center partnerships, arguing the company is well positioned to benefit from surging demand for AI infrastructure. In a letter addressed to Riot chief executive Jason Les and executive chairman Benjamin Yi, Starboard said the company should urgently […]
Investor and media personality Kevin O’Leary is significantly expanding his exposure to crypto and artificial intelligence by focusing on physical infrastructure rather than digital tokens. O’Leary said he now controls roughly 26,000 acres of land across multiple regions, including 13,000 acres in Alberta and another 13,000 acres in locations currently moving through permitting. His strategy […]
Bitcoin’s network hash rate has fallen to its lowest level in four months, signaling continued pressure across the mining sector as operators increasingly redirect resources toward artificial intelligence workloads. Network computing power declined below the one zetahash threshold, with the seven day average slipping to just under one thousand exahashes per second in mid January. […]
Bitcoin miner Bitfarms is exiting Latin America after agreeing to sell its Paso Pe facility in Paraguay in a deal valued at up to $30 million, marking another step in the company’s geographic and operational repositioning. The transaction involves an upfront payment of $9 million, with the remaining amount payable over the next ten months […]
U.S. regulators are sharpening their stance on crypto related investment structures after labeling certain third party Bitcoin mining arrangements as securities in a high profile fraud case. The action centers on hosted mining contracts marketed as passive income opportunities, where investors supplied capital but relied entirely on an outside operator to run equipment and deliver […]
Hash power infrastructure repurposed for machine learning demand. From Mining to Machine Learning In 2025, Bitcoin mining firms are undergoing a strategic pivot. After years of relying on volatile crypto rewards, many are repurposing their infrastructure to support the booming demand for artificial intelligence data centers. The same facilities that once powered hash computations are […]
