Marathon Digital sold debt to buy bitcoin, after BTC mining profits deteriorated this year. The miner is following Michael Saylor's footsteps in using borrowed money to add BTC to its balance sheet.
Diversification into AI and HPC infrastructure drove sharp outperformance for miners, while pure-play bitcoin miners lagged.
Bitcoin mining and digital infrastructure provider Core Scientific is planning a 72MW expansion of its data center in Denton, Texas. The expansion will take place on the company’s 31-acre site, ...
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