Canaan Adapts Strategy as Bitcoin Mining Hardware Sales Drop 96 Percent
November 12, 2026
Bitcoin mining hardware maker Canaan Inc. pivots to self-mining and holding BTC treasury reserves as machine sales experience a dramatic 96% decline.
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MARA Restructures Balance Sheet: Sells 13,597 Bitcoin to Repay $750M in Debt and Launches Stock Buyback
November 10, 2026
Bitcoin mining giant MARA Holdings has liquidated 13,597 BTC to clear $750 million in debt and authorized a $500 million share repurchase plan amid operational delays at key data centers.
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Core Scientific to Pivot Completely from Bitcoin Mining to AI Data Infrastructure
November 6, 2026
Core Scientific has announced a major strategic pivot, confirming plans to phase out its Bitcoin mining operations by year-end to become a dedicated pure-play AI data center provider.
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Core Scientific to Fully Exit Bitcoin Mining by Year-End in Bold Pivot Toward AI
November 6, 2026
Core Scientific is officially winding down its Bitcoin mining operations to become a pure-play AI data center provider, driven by surging demand for high-performance computing power.
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IREN Reports 58% Drop in Crypto Mining Revenue as AI Compute Business Reaches $200 Million
November 6, 2026
IREN reported a 58% drop in mining revenue alongside $200M in AI sales, pushing its $4 billion AI run-rate goal to early 2027 as it pivots data center operations.
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CleanSpark Secures $2.276 Billion Debt Financing to Expand Sandersville Data Center
September 26, 2026
CleanSpark has finalized a $2.276 billion senior secured notes offering at 7.875% interest to fund construction and optimize equity at its Sandersville, Georgia data center project.
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Illicit Crypto Farms in Mexican Highlands Highlight Cartels Shift to Digital Financial Frontiers
September 13, 2026
Discovery of hidden crypto mining rigs in Mexico's mountains reveals how drug cartels are leveraging stolen power and blockchain tech to launder funds and expand illicit revenue streams.
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Riot Platforms Pivots to AI Infrastructure with $9.1 Billion Texas Lease Deal
August 19, 2026
Riot Platforms has signed a landmark 20-year lease agreement valued at $9.1 billion to provide 191 MW of computing capacity to an AI enterprise at its Rockdale, Texas site.
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