US markets saw their sharpest selloff since July as inflation data exceeded expectations, causing significant declines in AI infrastructure and Bitcoin mining stocks.
New York Fed President John Williams warns that AI hardware supply shortages could persist for over two years, potentially fueling inflation while impacting Bitcoin miners' expansion plans.
Senegal has launched a Bitcoin mining pilot to monetize surplus energy as it negotiates the restructuring of its multi-billion dollar external debt.
SWI Group acquired a 77% stake in Genesis Digital Assets for $500 million to repurpose former Bitcoin mining infrastructure for AI workloads.
HIVE Digital Technologies is expanding its Paraguayan data center to 400 MW and plans to launch an AI facility by 2027.
HIVE Digital Technologies executive chairman Frank Holmes discusses how Bitcoin mining infrastructure is being repurposed to support the growing demands of the artificial intelligence sector.
Pakistan is advancing separate initiatives for landfill methane capture and Bitcoin mining using surplus coal power, though the two projects have not yet been integrated.
Riot Platforms has repaid a $200 million credit facility to Coinbase Credit, successfully releasing all pledged collateral without incurring additional penalties.
Canaan Inc. posted a $97.6 million net loss for Q2 2026 as falling Bitcoin prices and inventory write-downs severely impacted the mining hardware manufacturer's revenue.
JPMorgan upgraded IREN Limited to Overweight following a $5.5 billion deal with Nvidia and a strategic shift from Bitcoin mining to AI infrastructure.
A Bitcoin mining data center in El Reno, Oklahoma, leaked 3 million gallons of water, forcing the closure of local schools and government offices.
Firefighters faced critical safety failures at TeraWulf’s Lake Mariner data center during a June blaze, highlighting risks in the company's transition from Bitcoin mining to AI infrastructure.
