TeraWulf reported its Q1 results earlier today, showing early signs that its shift from Bitcoin mining to AI infrastructure is beginning to …
Pivot
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Mining
Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues
by shayaanby shayaanCore Scientific (CORZ) reported a $347.2 million first-quarter loss even as revenue rose to $115.2 million, as the former bitcoin mining heavyweight …
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Mining
Core Scientific buys Polaris for $421M to pivot Bitcoin mining power toward AI data centers
by shayaanby shayaanCore Scientific (CORZ), a major player in Bitcoin mining and high-performance computing, has acquired Bitcoin mining firm Polaris for $421 million, according …
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Scams
K-Pop Firm’s Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
by shayaanby shayaanIn brief K Wave Media’s board approved a strategic transformation to reposition the company as an AI infrastructure-focused entity. The Nasdaq-listed company …
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Mining
Bitcoin miner Riot’s shares jump 8% after expanding AMD data center deal, signaling AI pivot
by shayaanby shayaanRiot Platforms (RIOT) shares jumped about 8% on Friday after Advanced Micro Devices (AMD) expanded its capacity at the company’s Rockdale, Texas …
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Smart Contracts
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
by shayaanby shayaanIn short Core Scientific, which mines Bitcoin, said it would offer $3.3 billion in speculative debt to capitalize on the AI boom. …
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Mining
Bitcoin miners pivot to AI is now an immediate risk to network security – but BTC revenue will still eclipse AI by over $4B
by shayaanby shayaanQuantum computing has long served as Bitcoin’s most cinematic threat. It has the right ingredients for a high-drama warning, strange machines, broken …
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Scams
‘Dramatic Change’: Starknet Creator Reveals Layoffs Amid Revenue-Focused Pivot
by shayaanby shayaanIn brief StarkWare became the latest firm building on Ethereum to reduce its headcount in the name of achieving greater efficiency. The …
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Mining
Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot
by shayaanby shayaanCango Inc. sold 6,451 bitcoin across February and March 2026, applying the proceeds entirely to retire crypto-collateralized loans as the company transitions …
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Mining
Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News
by shayaanby shayaanKey Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales …