Riot Resets ATM With New $500M Raise as Bitcoin Mining Cash Flow Remains Thin
Riot Platforms has replaced its existing at-the-market (ATM) equity program with a new $500 million offering amid a prolonged stretch of weak bitcoin mining economics.
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Bitfarms Exits LatAm With Paraguay Sale as Bitcoin Miner Deepens Shift to HPC, AI
Bitfarms has agreed to sell its remaining bitcoin mining site in Paraguay, completing its exit from South America as it pivots capital toward North American AI and high-performance computing infrastructure.
Old Plants, New Tricks: AI Is Keeping ‘Peaker’ Units Alive – Miner Weekly
AI-driven data center demand is reshaping U.S. power markets, forcing grids to keep peaker plants online and delaying their retirement plans.
Bitmain Proxy Boosts Control at Bitcoin Miner Cango with $10.5M Stake
Enduring Wealth Capital Limited (EWCL), an entity closely linked to Bitmain, is increasing its investment in Cango Inc.as the U.S.-listed bitcoin miner continues to operate amid strained mining economics.
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