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Bitcoin miner Northern Data mulls IPO for its AI unit: Report
2.7.2024
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
25.6.2024
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion...
Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan
24.6.2024
Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Semler Scientific makes another substantial purchase of Bitcoin
7.6.2024
Semler Scientific, a medical manufacturer, has made another substantial acquisition of Bitcoin, valued at $17 million. There is a high likelihood that the company will make additional purchases. For the fresh purchase, the company intends to acquire $15 million in funding. On June 6, Semler...
Semler Scientific Expands Bitcoin Holdings, Acquires 247 More BTC
7.6.2024
Semler Scientific Inc. (Nasdaq: SMLR), a developer of medical technology aimed at fighting chronic diseases, has expanded its bitcoin portfolio by acquiring an additional 247 bitcoins for $17 million, inclusive of fees and expenses. As of June 6, the company’s total bitcoin holdings stood...
Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more
7.6.2024
The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”
Medical Device Maker Semler Scientific Buys $17 Million More Bitcoin and Is Raising Money to Purchase More
7.6.2024
The firm currently holds 247 bitcoins and plans to expand its crypto treasury
Core Scientific declines unsolicited Coreweave buyout bid
6.6.2024
The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave
Core Scientific Rejects CoreWeave's $1B Buyout Offer
6.6.2024
Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm
Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave
4.6.2024
Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg
Bitcoin miner Core Scientific strikes $3.5B AI partnership
4.6.2024
Core Scientific expects that its AI collaboration with CoreWeave will generate $3.5 billion over 12 years from renting out 18% from its infrastructure
Halving full effect: Bitfarms crypto mining revenue falls 42% in May
4.6.2024
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production
Semler Scientific shares up 30% after adopting Bitcoin as treasury reserve
28.5.2024
As part of the new treasury strategy, Semler Scientific purchased 581 Bitcoin for $40 million
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment
28.5.2024
The company announced its Bitcoin treasury strategy Tuesday morning
Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge
9.5.2024
Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an increase in Bitcoin mining and hosting services....
Core Scientific Records $211 Million Net Income in Q1 2024
9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin.
The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews
Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
8.5.2024
Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year