Investment firm Bernstein has indicated that Bitcoin miners and AI infrastructure companies operating in Texas with secured power capacity may see their …
Texas
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Mining
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
by shayaanby shayaanTexas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …
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Mining
Galaxy Buys Second Texas Site for AI Data Centre, Shares Pare Early Gain
by shayaanby shayaanGalaxy Digital (GLXY) has acquired approximately 500 acres in McGregor, Texas, for a second artificial intelligence (AI) and high-performance computing (HPC) data …
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Singapore-based Bitcoin mining company Poolin on July 22 filed for Chapter 11 bankruptcy protection in New Jersey, alongside its US affiliates Lonestar …
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Finance
Galaxy Digital targets $3.5B junk bond sale to expand Texas AI data center
by shayaanby shayaanGalaxy Digital has launched a planned $3.5 billion high-yield bond sale to help finance the expansion of its Helios data center campus …
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Scams
Galaxy Puts Its Name on Texas Tech’s Stadium in a 15-Year, Crypto-Native Deal
by shayaanby shayaanIn brief Texas Tech has secured a $70 million, 15-year naming rights deal with Galaxy Digital to rebrand its football stadium. The …
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Galaxy Digital has signed a 15-year agreement to rename Texas Tech’s football venue Galaxy Stadium from the 2026 season. According to Friday’s …
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Scams
MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot
by shayaanby shayaanIn brief MARA Holdings is acquiring a 1,200+ acre powered site in Matagorda County, Texas from HIF USA, gaining access to up …
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Regulation
Supreme Court sides with Texas in age verification standoff with Big Tech
by shayaanby shayaanThe Supreme Court on Monday let Texas enforce a law requiring app stores to verify users’ ages and obtain parental consent before …
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In brief Two Texas brothers pleaded guilty Thursday to robbing a Minnesota family of more than $8 million in cryptocurrency during a …