
Core Scientific Posts $347M Q1 Loss After Major BTC Sale and Asset Write‑Down
TL;DR: Core Scientific reported a $347.2 million loss in the first quarter of 2026 and sold 2,385 BTC for $208.3 million. The firm closed a $3.3

TL;DR: Core Scientific reported a $347.2 million loss in the first quarter of 2026 and sold 2,385 BTC for $208.3 million. The firm closed a $3.3

Core Scientific announced the acquisition of Polaris DS LLC, a bitcoin miner based in Oklahoma, for $421 million, according to a recent press release. The deal grants control

Bitcoin mining suffers an identity crisis. The original story promised a network sustained by thousands of anonymous participants, each competing fairly from a personal computer. That
Core Scientific is transforming its facility in Pecos, Texas, into a high-density colocation hub focused on artificial intelligence, with a gross capacity of up to 1.5 gigawatts.
TL;DR: Core Scientific announced a private debt issuance of $3.3 billion in senior secured notes due 2031. The proceeds will be partially used to repay outstanding

TL;DR: HIVE Digital Technologies announced a private offering of $75 million in zero-interest senior exchangeable notes due 2031. The proceeds will be used to purchase graphics

Cango Inc. closed two capital transactions totaling $75 million aimed at strengthening its financial position and accelerating its expansion in artificial intelligence and energy infrastructure. The company operates as a

TL;DR: American Bitcoin reached 7,000 BTC in its treasury, valued at approximately $474 million, recording 35% growth since January 2026. Its shares fell below $1 last
TL;DR: MARA Holdings sold 15,133 BTC for approximately $1.1 billion between March 4 and 25 to restructure its balance sheet. The company repurchased around $1 billion

TL;DR BitRiver, Russia’s largest Bitcoin miner, entered bankruptcy following multiple contract disputes, international sanctions, and operational shutdowns. CEO Igor Runets was placed under house arrest on
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