Analysts downgrade Bitcoin miners amid doubts over their strategic pivot toward AI
The financial institution Keefe, Bruyette & Woods (KBW) has changed its stance on the Bitcoin mining sector, downgrading the ratings of Bitfarms, Bitdeer, and HIVE...
bitcoin mining
IREN leads the mining sector in 2025 while Bitdeer suffers losses due to diversification lack
The bitcoin mining and AI infrastructure sector underwent a radical transformation during 2025, according to James Van Straten from AI Boost. IREN positioned itself as...
Core Scientific diversifies Bitcoin mining and B. Riley upgrades it to ‘buy’
by Logan Pierce
Investment banking firm B. Riley upgraded Core Scientific (CORZ) rating this Wednesday. The rating moved from “neutral” to “buy”. B. Riley analyst Lucas Pipes cited...
Tether and Adecoagro Will Mine Bitcoin in Brazil Using Renewable Energy
by guido
TL;DR Tether signed a deal with Adecoagro to launch a Bitcoin mining operation in Brazil powered entirely by renewable energy. The project will monetize Adecoagro’s...
MARA and CleanSpark Boost Revenues but End the Quarter with Massive Losses
by guido
TL;DR MARA and CleanSpark boosted revenues in Q1 2025, reaching $214M and $182M respectively, but both ended the quarter with net losses. The first one...
Bitdeer Will Stop Selling Rigs and Focus on Bitcoin Mining
by guido
TL;DR Bitdeer will stop selling rigs to focus on self-mining, responding to low profitability and tariff uncertainty in the U.S. It will take advantage of...
MARA Holdings Plans a $2 Billion Stock Offering to Expand Its Bitcoin Treasury
by guido
TL;DR MARA Holdings will launch a $2 billion stock offering to expand its Bitcoin treasury and strengthen its strategy following the latest halving. The company...
MARA Holdings: Bitcoin Record and a Bold Bet on AI
by federico
TL;DR MARA Holdings announced its expansion into AI infrastructure, focusing on the inference process as the key to the next wave of technological evolution. In...
CleanSpark Increases Its Revenue by 120%
by guido
TL;DR CleanSpark closed the quarter with $162.3 million in revenue, a 120% increase from the previous year, and a net income of $246.8 million. It...
Bitcoin Mining Reaches Record $45 Million in Daily Revenue
by guido
TL;DR Bitcoin mining daily revenue reached $45 million, suggesting a potential new bullish cycle or sustained growth. Mining activity reflects increased miner confidence and a...