In a decisive strategic shift, publicly traded Bitcoin miner Bitfarms is severing its ties with cryptocurrency to become Keel Infrastructure, a developer of high-performance computing and artificial intelligence data centers. The company’s planned move from Canada to the United States, pending a March 20 shareholder vote, has already catalyzed a 27% surge in its stock price, reflecting investor optimism for its pivot toward the burgeoning AI infrastructure sector.
about Bitfarms Rebrands to Keel Infrastructure, Shifts from Bitcoin to AICleanSpark
1 in Finance and 2 in Crypto last weekBitcoin Miners Pivot to AI Infrastructure as SUBBD Token Targets Creator Economy
Facing compressed margins after the Bitcoin halving, major mining firms are aggressively diversifying into AI infrastructure to hedge against crypto volatility. This strategic shift from pure hashrate accumulation to high-performance computing services marks a fundamental sector transformation. Concurrently, the search for tangible utility at the application layer is fueling projects like SUBBD Token, which leverages the AI-Web3 convergence to disrupt the $85 billion creator economy with decentralized monetization tools and a 20% staking APY.
about Bitcoin Miners Pivot to AI Infrastructure as SUBBD Token Targets Creator EconomyBitcoin Miners IREN, CleanSpark Shares Plunge on Earnings Miss
Shares of publicly traded Bitcoin miners IREN and CleanSpark tumbled sharply after both companies posted disappointing quarterly results. The declines coincided with a broader selloff in cryptocurrency markets, amplifying investor concerns over earnings volatility and balance-sheet risks. Both firms highlighted strategic pivots toward AI infrastructure despite near-term financial pressures.
about Bitcoin Miners IREN, CleanSpark Shares Plunge on Earnings MissMicroStrategy Buys Bitcoin Amid Market Sell-Off, Shares Plummet
MicroStrategy, the enterprise software firm turned Bitcoin behemoth, is doubling down on its crypto strategy amid a punishing market downturn. The company disclosed a $75.3 million purchase of 855 Bitcoin this week, even as the cryptocurrency’s price slid below its average cost basis, triggering an 8% single-day stock drop. With MSTR shares down 48% in 2025—the worst performance in the Nasdaq 100—the firm’s aggressive accumulation highlights a high-stakes gamble that is testing investor patience as it prepares to report quarterly earnings.
about MicroStrategy Buys Bitcoin Amid Market Sell-Off, Shares PlummetBitcoin Mining Unprofitable in U.S. as Costs Exceed Price
Bitcoin mining has become unprofitable in the United States and several other major countries as the cost to produce one Bitcoin now exceeds its market value. With energy prices varying globally, miners face mounting pressure ahead of the next reward halving. Some operations are pivoting to AI data centers, while others rely on ultra-low electricity rates to stay afloat.
about Bitcoin Mining Unprofitable in U.S. as Costs Exceed PriceRiot Platforms Sells $200M in Bitcoin to Fund AI Data Center Pivot
Publicly traded Bitcoin miner Riot Platforms has executed a significant strategic shift, selling 2,201 BTC in late 2024 to generate nearly $200 million in net proceeds. This move, which marks a reversal from the firm’s 2023 strategy of accumulating Bitcoin, is widely interpreted as funding its pivot toward artificial intelligence infrastructure. Riot is now part of a growing cohort of crypto miners diversifying into AI and high-performance computing data centers, leveraging their existing power portfolios for a new technological frontier.
about Riot Platforms Sells $200M in Bitcoin to Fund AI Data Center PivotBitcoin Supply Concentrates: 30% Held by Institutions, ETFs, Governments
New data from Glassnode reveals a fundamental shift in Bitcoin’s ownership structure, with nearly one-third of its circulating supply now concentrated in the hands of large institutions, governments, and exchange-traded funds. This growing consolidation, totaling approximately 5.94 million BTC, is reshaping market dynamics and diminishing the influence of retail investors. Despite recent price volatility that saw Bitcoin slip below $90,000, major institutional players continue to demonstrate strong conviction through strategic acquisitions and sustained market positions.
about Bitcoin Supply Concentrates: 30% Held by Institutions, ETFs, GovernmentsCrypto Stocks Rally as December Rate Cut Odds Hit 87%
Cryptocurrency-linked stocks surged on Friday as prediction markets indicated growing confidence in a December Federal Reserve rate cut, with Bitcoin mining companies leading the rally with double-digit gains. The market movement reflects heightened expectations for looser monetary policy, driving significant increases across the crypto sector including stablecoin issuer Circle and major trading platforms.
about Crypto Stocks Rally as December Rate Cut Odds Hit 87%Crypto Stocks Plunge as ARK Buys Bullish Dip
Cryptocurrency-related stocks suffered heavy losses on Monday as the sector’s downturn deepened. Meanwhile, Cathie Wood’s ARK Invest seized the opportunity to significantly increase its stake in struggling crypto exchange Bullish, purchasing over $10 million in shares as the stock hit record lows.
about Crypto Stocks Plunge as ARK Buys Bullish DipBitcoin Mining Stocks Plunge 20-50% Amid BTC Pullback
Major Bitcoin mining stocks suffered devastating losses this week, plummeting 20-50% as the sector dramatically underperformed Bitcoin’s modest pullback. Publicly traded miners saw billions in market value evaporate during the five-day trading period, with nearly every significant mining company posting double-digit declines that highlight the sector’s heightened volatility and amplified risk profile compared to the underlying cryptocurrency.
about Bitcoin Mining Stocks Plunge 20-50% Amid BTC PullbackCleanSpark Upsizes Convertible Notes to $1.15B Amid Stock Slide
Bitcoin miner CleanSpark has increased its convertible notes offering from $1 billion to $1.15 billion while its stock continues to decline, falling approximately 14% over five trading sessions. The company plans to use $460 million to repurchase shares from note investors at $15.03 per share, a move that comes amid broader weakness in cryptocurrency mining stocks and a challenging period for Bitcoin markets.
about CleanSpark Upsizes Convertible Notes to $1.15B Amid Stock SlideCleanSpark Raises $1.15B for Bitcoin Mining & AI Expansion
CleanSpark, a prominent Nasdaq-listed Bitcoin miner, is raising $1.15 billion through convertible notes to fuel expansion in both cryptocurrency mining and AI infrastructure. This strategic move comes as major mining companies diversify revenue streams amid post-halving market pressures. The capital raise represents one of the largest recent financings in the crypto mining sector, positioning the United States-based company for significant growth in both traditional Bitcoin operations and emerging artificial intelligence data centers.
about CleanSpark Raises $1.15B for Bitcoin Mining & AI Expansion