IREN Completes First AI Cloud Phase for Microsoft in $9.7 Billion Deal
Bitcoin miner-turned-AI firm delivers 50MW Horizon 1 facility in Texas, earns Nvidia recognition and advances pivot to high-performance computing
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Riot Platforms Shares Rise After Securing $9.1 Billion AI Compute Agreement
The Bitcoin miner-turned-data center operator will supply 191 megawatts of capacity from its Texas site under a 20-year contract linked to Anthropic
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Ripple Secures Over 50 State Licenses, Exceeding Proposed PACE Act Thresholds for Fed Access
Ripple has obtained more than 50 money transmitter licenses across U.S. states, surpassing the minimum requirements outlined in the proposed Payment Access to Cryptocurrency Entities Act for potential direct connections to Federal Reserve payment systems
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SpaceX Shares Climb as 911 Million Unlock Amid Strong Results and Chip Plant Push
SPCX rose roughly 6% after a major post-IPO lockup released shares worth about $100 billion, while the company and Tesla committed $16.8 billion to a Texas semiconductor facility
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Texas Records Highest Crypto Kiosk Losses as States Expand Bans
Texans reported $56.8 million in 2025 kiosk scams, the most of any state, while lawmakers signal possible restrictions beyond regulation and three states prohibit the machines
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Ionic Digital Shares Climb 26% in Nasdaq Direct Listing Debut
The Celsius-linked Bitcoin miner and AI infrastructure firm closed at $62.90, reaching a roughly $2.8 billion valuation after opening at $50
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Core Scientific Seals Multi-Gigawatt AMD Partnership to Accelerate AI Data Center Shift
Core Scientific and AMD agree on 15-year leases for 529 MW of capacity starting in 2027, with expansion rights to 2.5 GW and potential base revenue exceeding $14 billion, as the firm winds down bitcoin mining
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Poolin, Once Bitcoin's Top Mining Pool, Files for Chapter 11 Bankruptcy
Former industry leader Poolin Technology has entered U.S. bankruptcy proceedings with $173 million in liabilities, planning to sell its Texas mining assets to address massive debts owed primarily to wallet customers
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Hut 8 and IREN Drive Gains in Bitcoin Mining Stocks with Major AI Infrastructure Deals
Hut 8 fully leased its 1 GW Texas AI campus through a second $9.8 billion agreement, while IREN secured $2.8 billion in cloud contracts and raised its revenue targets, boosting shares across the sector amid the ongoing shift toward high-performance computing
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Galaxy Digital Secures 15-Year Naming Rights Deal for Texas Tech Stadium
Galaxy Digital has entered a long-term agreement with Texas Tech University to rename its football stadium Galaxy Stadium and serve as the official data center and digital assets partner for athletics programs
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