The Hut 8-backed miner reversed a second-quarter loss, driven largely by a $197 million gain on its Bitcoin holdings.
This is the summary Decrypt publishes in its feed. The full article lives on their site.
HIVE’s mining revenue fell 7.4% despite higher production, while its AI hosting business grew 71%.
Anthropic's latest AI can build complex software and even design physical objects. Users are producing impressive results, and estimated bills large enough to make developers wince.
MARA posted a $634.4 million Q3 net profit, then sold 13,597 BTC to repay $750 million in loans as it pivots to AI.
The miner announced a new $500 million stock buyback authorization as two planned data center leases face a possible delay into 2027.
A shortage of new gas turbines is pushing AI developers toward refurbished power equipment and jet-engine-based generators, even as high prices, pollution concerns, and permitting delays...
Bitcoin Magazine Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide Europe's largest asset manager raised its Strategy holding to 1.9 million shares in the third...
