Data Centers
Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord
The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.
Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.
Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal
The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.
Bitcoin Miners Sit on Prime Power Assets as AI Pivot Accelerates: Canaccord
The broker said bitcoin mining still drives nearly all sector revenue even as the narrative shifts toward AI.
TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack
The bitcoin miner turned AI infrastructure firm will co-develop a 168 MW data center in Texas, with long-term revenue locked in.
Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion
The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations.
Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.
Galaxy Gets $460M Investment by 'Large Asset Manager' for Its HPC Push
The unnamed investor bought nearly 13 million shares from the company and some executives. The firm intends to use the proceeds to boost its Helios data center project.
IREN Declines 6% on $875M Convertible Note Offering
The hot-handed bitcoin miner turned high-performance computing play could raise as much as $1 billion in the note sale.
Crypto Miner TeraWulf to Raise $3B in Google-Backed Debt Deal to Expand Data Centers
Google already owns 14% of TeraWulf and is supporting other crypto firms like Cipher Mining in their AI expansions.
