The latest rounds of disclosures made across the week have revealed that publicly traded miners are selling mined $BTC to fund operations, …
Pivot
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Mining
TeraWulf generates $21M in HPC lease revenue as AI infrastructure pivot accelerates
by shayaanby shayaanTeraWulf reported its Q1 results earlier today, showing early signs that its shift from Bitcoin mining to AI infrastructure is beginning to …
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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 …