CleanSpark2026-07-10 07:39:13CleanSpark Posts $378M Q2 Net Loss, Mining Revenue Down 25%; Pivots to AI and HPCBitcoin miner CleanSpark reported a Q2 net loss of $378.3 million, up 173% YoY, with mining revenue of $136.4 million, down 25%. The firm is shifting focus to AI and HPC infrastructure; stock fell 5% after hours.1900
Cango2026-07-09 19:13:13Cango Posts $452.8M Net Loss in First Full Year as Bitcoin Miner, Sells BTC to Reduce Debt, Pivots to AICango Inc. reported $688.1M revenue and $452.8M net loss in 2025, its first full year as a Bitcoin miner, due to impairment and fair-value adjustments. It sold 5,166 BTC in early 2026 to repay debt and is converting mining sites to AI inference infrastructure.640
Bitcoin miner2026-07-09 05:38:13Bitfarms Bets Big on AI Pivot: The Vera Rubin Gambit to Escape Bitcoin MiningFacing $46M quarterly losses, top miner Bitfarms pivots from Bitcoin to AI HPC, raising $888M to build data centers for Nvidia's next-gen Vera Rubin GPUs. Can the gamble pay off?600
Bitcoin minin2026-07-09 05:32:13Bitfarms Bets on AI HPC Pivot: A Vera Rubin Gambit for SurvivalBitfarms, a top US-listed Bitcoin miner, is pivoting from mining to AI High-Performance Computing after a $46M Q3 loss. With over $888M in funding and a full focus on Nvidia's Vera Rubin GPU, the firm aims to become the first datacenter provider ready for next-gen AI chips. Success is uncertain but could redefine miner diversification.620
Riot Platform2026-07-09 05:16:44Starboard Value Pushes Riot Platforms to Accelerate AI Pivot, Sees $21 Billion UpsideActivist investor Starboard Value urges Riot Platforms to speed up its AI and high-performance computing expansion, estimating the transformation could unlock $9 billion to $21 billion in equity value, far exceeding its current market cap.600
Cango2026-07-09 01:26:29Cango Liquidates 6,451 Bitcoin for $442M, Secures $75M in Funding to Pivot to AI ComputingCango Inc. sold 6,451 BTC in Feb-Mar 2026 for about $442M to repay crypto-backed loans, while raising $75M via equity and convertible notes to fund a transition to AI computing services. Hashrate dropped to 37 EH/s.600
Bitcoin2026-07-09 01:24:14Cango Liquidates 6,451 BTC for $442M, Secures $75M to Pivot to AI ComputingBitcoin miner Cango sold 6,451 BTC in Feb-Mar 2026, netting ~$442 million to repay crypto-backed loans, while raising $75 million via equity and convertible notes to fund its transition to AI computing.480
Cango2026-07-09 01:22:18Cango Liquidates 6,451 BTC for $442M to Repay Crypto Loans, Raises $75M for AI PivotCango Inc. sold 6,451 Bitcoin in February-March 2026 for ~$442M to clear crypto-backed loans, while securing $75M in new funding to transition mining infrastructure into AI computing services.620
