OpenAI's revenue surge is undeniable, but the narrative around its drivers needs a deeper, more critical examination. Did Codex truly power this $6 billion quarter, or is it a symptom of a larger, more fundamental shift?
Soluna Holdings is riding a wave of growth, with a 58% jump in first-quarter revenue signaling a decisive pivot away from struggling Bitcoin mining towards lucrative data center hosting. The company's strategic shift is paying off, but profitability remains elusive.
Everyone expected the AI infrastructure race to be about silicon. It turns out, it's about watts. Bitcoin miners are quietly emerging as the unexpected power brokers.
Forget chips. Electricity is the new bottleneck for AI data centers, and Bitcoin miners are stepping in to fill the gap, according to Bernstein.
Bitcoin miner IREN just snagged $3 billion. Not for more Bitcoin, but for AI. This is the kind of pivot that can either make them giants or break them.
CleanSpark's stock took a hit after reporting a substantial net loss, driven largely by volatile bitcoin valuations. The company is still pushing forward with infrastructure expansion, but the market's reaction signals concern.
Bitfarms is dead. Long live Keel. The company formerly known as Bitfarms just posted a staggering $145 million loss as it sheds its Bitcoin mining skin for an AI infrastructure future.
Bitcoin miners are chasing AI dollars, but the shift isn't without its growing pains. TeraWulf doubled its AI revenue, yet a staggering $427 million quarterly loss paints a stark picture of the industry's financial tightrope walk.
Forget chatbots. AI agents might actually become crypto's most natural users, driving demand for programmable payments. But is the tech ready?
Bitcoin miner Riot Platforms just saw its shares jump 8% following a major expansion of its data center deal with AMD. This move signals a clear and potentially profitable pivot away from its core bitcoin mining operations.
The hum of servers, once a distant promise, is now a roaring revenue stream for Riot Platforms. The Bitcoin miner's Q1 2026 earnings reveal a crucial pivot, with data center operations eclipsing traditional crypto mining.
Riot Platforms just sold $290 million worth of bitcoin in Q1. It's not alone—miners everywhere are cashing out BTC for AI infrastructure bets.