TeraWulf HPC Revenue Tops Bitcoin Mining for First Time
Q1 HPC lease revenue of $21M eclipsed the $13M bitcoin mining segment — a structural pivot point for a former pure-play miner, even as a $427.6M net loss shows the cost of the transition.
Funding rounds, seed and Series raises, project token sales, grants, and bankruptcy events.
Q1 HPC lease revenue of $21M eclipsed the $13M bitcoin mining segment — a structural pivot point for a former pure-play miner, even as a $427.6M net loss shows the cost of the transition.
46 funding rounds and a $1.8B anchor deal put payments alongside the sector's most-watched categories this year — capital concentration suggests institutional rails are the next infrastructure bet.
A single weekly digest threading five separate TradFi-crypto stories — workforce cuts, treasury strategy, on-chain settlement pilots, and bank-side trading desks — into one picture of where the rails…
A $2.1B equity option for NVIDIA and a 2GW Sweetwater anchor turn a bitcoin miner into an AI infrastructure name — Bernstein's $100 target implies 76% upside from Thursday's close.
EthCC-week gathering drew Web3 builders, founders, and protocol leads to debate where DeFi, real-world assets, and infrastructure capital land next.
The 6th weekly gain is now in jeopardy after a geopolitics-led risk-off pull, while Saylor's threat to liquidate BTC reserves to pay dividends raises fresh questions about MSTR's treasury model.
The multi-zone AWS failure is the proximate cause, but the outage lands on a quarter already defined by a $1.49 per-share loss, 14% layoffs, and a fifth straight year of public-facing downtime.
Bitmine's 4.3% stake, $61M of ETF inflows and exchange reserves at a 2016 low point to the same story: structural supply removal, not speculative demand.
A weaker April payrolls print would reinforce the Fed-on-hold narrative and clear the path for risk assets; the swing factor is whether average hourly earnings come in hot at a 3.8% forecast, keeping…
Fundstrat co-founder Tom Lee has flagged that BitMine could accumulate a position equivalent to 5% of Ethereum's…
The stack-wide pledge layers on a $1.66B stablecoin base and a $270M TVL that has already cooled from prior peaks — so the strategic bet is the AI-agent workload, not incremental DeFi growth.
The capital lands on top of $1B in Decibel volume and $1.93B in stablecoin market cap, with BlackRock, Franklin Templeton, and Apollo already live on the network.
Major Wall Street firms are posting dozens of crypto-focused positions, signaling a meaningful shift in how traditional…
Founded by the DefiLlama team, the outlet couldn't convert coverage into a viable standalone business as traffic fell and AI-driven distribution made independent crypto media harder to run.
The $165M nine-month loss is mostly paper: $64M unrealized HYPE markdowns, a $35.6M legacy bio write-off, and a $60.5M deferred-tax hit — while the actual token stack grew.
The $20K check is small, but the product lands inside a structural shift: incumbents like Jack Henry alumni are now selling banks the rails to run KYC, sanctions and escrow checks directly on…
The 5-gigawatt DSX pipeline and Texas flagship site are the real story — the warrants price in Nvidia's conviction that IREN's pivot from Bitcoin mining to AI compute is the real thing, not a relabel.
Wall Street's biggest asset manager has now filed for an XRP trust alongside Grayscale and 21Shares, and the product is already pulling capital — $120M of last week's $224M global ETP inflow came…
Lee's pivot signals the Ethereum treasury is shifting from accumulation to yield — and 85% of its 5.1M ETH is already staked and generating $1M a day.
Strip the $117M mark-to-market hit and the mining platform was profitable, the company says — but the loss lands as a public-markets first read on a quarter that hammered treasuries with bitcoin…