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 AI
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Crypto Stocks Rebound as Bitcoin Stabilizes After 14% Drop
Major cryptocurrency-related equities staged a powerful recovery on Friday as Bitcoin’s price found footing around $69,500, stabilizing after a 14% plunge the previous day. Companies like MicroStrategy, BitMine Immersion Technologies, and Coinbase posted double-digit gains, highlighting the complex relationship between underlying crypto volatility, corporate treasuries, and stock performance. Despite significant unrealized losses on their substantial digital asset holdings, investor optimism for these firms’ strategic positions fueled the rally.
about Crypto Stocks Rebound as Bitcoin Stabilizes After 14% DropMicroStrategy 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 PlummetWinter Storm Halts 40% of Bitcoin Mining, Hashrate Plummets
A severe winter storm across the United States forced Bitcoin miners to dramatically scale back operations to relieve pressure on local power grids. The network’s total hashrate temporarily dropped to a seven-month low, removing nearly 40% of global mining capacity. Major mining firms reported sharp declines in daily Bitcoin production as they voluntarily curtailed operations, highlighting the industry’s vulnerability to regional climate events and its emerging role as a flexible grid resource.
about Winter Storm Halts 40% of Bitcoin Mining, Hashrate PlummetsRiot 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 Plunges 33% in 8 Weeks Amid Tech Sell-Off
The cryptocurrency market is weathering a severe storm as Bitcoin and related stocks extend a nearly two-month decline, mirroring a broader retreat from technology assets. Bitcoin has plummeted 33% from its October record, falling below $85,000, while major industry players like Coinbase Global and mining firms post significant daily losses, signaling deep sector-wide pressure.
about Bitcoin Plunges 33% in 8 Weeks Amid Tech Sell-OffCrypto 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 PullbackBitcoin Drops to $96K as Whales Sell $290M in BTC
Bitcoin plunged to $96,000 on Friday amid heavy selling pressure and declining risk appetite, wiping out over $700 million in long positions and leaving November down more than 10%. The dramatic drop has traders and analysts questioning whether this represents normal profit-taking or a more significant market turning point as major holders move substantial amounts to exchanges and institutional selling intensifies.
about Bitcoin Drops to $96K as Whales Sell $290M in BTCBitdeer Stock Plunges 20% After Q3 $267M Loss
Bitcoin miner Bitdeer Technology Group saw its stock plummet 20% on Monday following disappointing third-quarter results that revealed a net loss of $266.7 million, representing a staggering 422% decline from the previous year. Despite nearly tripling its revenue to $169.7 million and beating analyst expectations, the company’s loss per share of -$1.28 significantly missed estimates, triggering the sharp selloff that erased gains made over the previous month.
about Bitdeer Stock Plunges 20% After Q3 $267M LossCrypto Stocks Plunge Amid Macroeconomic Uncertainty
Crypto-related stocks suffered dramatic losses as macroeconomic headwinds overwhelmed positive company-specific news, with Robinhood shares dropping over 9% just one day after reporting strong Q3 earnings. Bitcoin fell below $101,000 before a partial recovery, while major crypto stocks including Coinbase and Galaxy Digital tumbled amid the worst government shutdown in U.S. history and deteriorating economic indicators that have sapped investor confidence in risk-on assets.
about Crypto Stocks Plunge Amid Macroeconomic UncertaintyBitcoin Mining Crisis: AI Pivot Splits Industry Amid Profit Plunge
Bitcoin mining profitability has collapsed to two-year lows as record network difficulty and vanishing fees create an industry crisis. The sector is rapidly dividing between traditional miners facing existential threats and those successfully pivoting to AI infrastructure services, with hashprice dropping 19% in just one month to $42.14 per terahash per day despite Bitcoin trading around $101,500. This structural shift is fundamentally rewriting the business model for cryptocurrency mining operations worldwide, creating a stark divide between those riding out Bitcoin’s hardest math problem and those rewriting it entirely through AI.
about Bitcoin Mining Crisis: AI Pivot Splits Industry Amid Profit Plunge