Shares of Galaxy Digital rose about four percent in U.S. trading on Thursday after the company secured approval to significantly expand power capacity at its Helios data center campus in West Texas. The approval, granted by the state’s grid operator ERCOT, allows Galaxy to add 830 megawatts of capacity, more than doubling the site’s total […]
Investor focus on bitcoin mining economics shifted late on December 31 after fresh analyst commentary reframed TeraWulf’s business model around artificial intelligence and high performance computing infrastructure. The reassessment reflects a broader trend among listed miners seeking to stabilize earnings by repurposing power and data center capacity toward enterprise compute demand. Rather than being valued […]
Demand for power intensive infrastructure is keeping capital flows active across the intersection of artificial intelligence and crypto markets, even as broader sentiment around the AI trade fluctuates. Investment activity tied to data centers continues as buyers compete for scarce megawatts capable of supporting GPU heavy workloads. Crypto miners, pressured by tighter margins following the […]
Wall Street dealmaking tied to artificial intelligence infrastructure remains active, driven less by market sentiment and more by persistent demand for power and data center capacity. According to investment bankers working in the sector, fears that the AI investment cycle has stalled are not reflected in transaction activity tied to energy intensive facilities. Bitcoin miners […]
