If the answer is "Bitcoin miner," then the upside of TeraWulf may be significantly capped, given that it owns a minimal amount of Bitcoin right now. But if the answer is "AI infrastructure play," then ...
Bitcoin's decline is driven by capital rotation, China's mining crackdown, and a shift to traditional commodities like gold and silver. Learn more about BTC-USD here.
IREN Limited shifts to AI with $17.3M revenue and 4.5GW capacity while securing funding for its $9.7B Microsoft contract.
Bitcoin mining outflows surged to 49K, valued at approximately $3 billion, in just two days, according to onchain data.
TheEnergyMag says a trillion-dollar AI data center buildout is reshaping power markets as Bitcoin miners like IREN pivot from ...