Artificial Intelligence

MARA is cashing in its bitcoin treasury to fund a massive AI and power infrastructure pivot, selling $1.5 billion in BTC as the miner bets its future on data centers and energy assets over pure hashrate expansion.

Riot Platforms offloaded 3,778 BTC in Q1 — more than 2.5x its production — as it pivots from mining to AI infrastructure.

Bitfarms confirmed that it is selling all its bitcoin on its balance sheet.

Major U.S. public Bitcoin miners including Cipher Digital, Bitfarms, and Core Scientific are selling Bitcoin holdings and rebranding to chase AI/HPC leases with hyperscalers like Microsoft and Google, amid industry-wide profitability challenges.

Two major Bitcoin miners, MARA Holdings and Core Scientific, are shifting strategies to sell portions of their bitcoin holdings as they pivot toward AI and high-performance computing operations.

Canaan (CAN) acquired Cipher Mining’s 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan.

Bitfarms is winding down its Bitcoin mining over two years to focus on AI and high-performance computing infrastructure amid falling crypto profits.

Bitcoin mining and crypto-related stocks, including MARA, RIOT, CLSK, Bitdeer, Canaan, and Coinbase, surged today on renewed market optimism.

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

On the mission to build a more “based” language model.