On July 10, 2024, Block, Inc. and Core Scientific announced an agreement to deploy Block's new 3-nanometer or 3nm ASIC mining chips. This deal marks one of the largest ASIC procurement deals in terms ...

The all-stock deal gives CoreWeave control of 1.3 GW of data center capacity, marking a shift from Bitcoin to AI infrastructure. CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced ...

Quick Read iShares Bitcoin Trust (IBIT) down 13% in 2026 while miners surge on post-halving leverage and AI infrastructure ...

In a huge move for the Bitcoin (CRYPTO: BTC) mining industry, Block Inc. (NYSE:SQ), spearheaded by Jack Dorsey, has sealed its first sale of cutting-edge three-nanometer (3nm) mining chips to Core ...

Bernstein analysts in a recent note highlighted the hybrid strategy of Bitcoin miners focusing on AI data centers. What Happened: The analysts spotlighted the emerging “mullet strategy” – AI in the ...

Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block's advanced 3 ...

Fidelity Digital Assets says 2026’s crypto slump masks a deeper “structural retooling,” as institutional adoption, ...

The decline in Bitcoin (BTC) price has changed the course of the crypto industry. Companies are either shutting down Bitcoin mining operations or pivoting to artificial intelligence (AI). Bitcoin ...

Hut 8 Corp (HUT) is transitioning from bitcoin mining to AI data center hosting, but remains reliant on bitcoin for near-term ...

CoreWeave (NASDAQ: CRWV), a major AI infrastructure company, announced today it will acquire Core Scientific (NASDAQ: CORZ), one of the largest Bitcoin mining and data center firms, in an all-stock ...