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IREN Limited announced it has inked a multi-year GPU cloud services contract with Microsoft, marking a major partnership in the rapidly expanding field of artificial intelligence (AI) infrastructure. Microsoft Taps IREN for Next-Gen GPU Infrastructure As explained in the release, under the five-year agreement, IREN (Nasdaq: IREN) will supply Microsoft with access to Nvidia GB300 … Read more
IREN Limited has signed new multi-year cloud contracts and is on track to generate more than $500 million in annualized revenue from its artificial intelligence (AI) cloud segment by the end of the first quarter in 2026. AI Demand Fuels IREN’s Growth, Company Secures New Cloud Contracts The company announced the new deals, which are … Read more
Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and what it means for shareholders. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to Bitcoin mining … Read more
Cleanspark expanded its capital strategy, adding $100 million in bitcoin-backed credit capacity from Coinbase Prime to fund energy, mining, and high-performance computing growth, the two companies said on Monday. Cleanspark Gravitates Toward Energy and HPC Scaling The Las Vegas-based miner, Cleanspark (Nasdaq: CLSK), said the non-dilutive financing will be deployed across strategic capital expenditures, including … Read more
Hut 8 could see its hash rate rise from 5.6 exahashes per second to 24 EH/s by Q2 2025 should it also execute a 15 EH/s purchase option with Bitmain. Go to Source
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific’s (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years. … Read more
CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations. Go to Source
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year. Go to Source
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle. Go to Source
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital … Read more