Mining Giants in Turbulent Waters: WULF, BTDR, RIOT, BITF & HIVE News! cover art

Mining Giants in Turbulent Waters: WULF, BTDR, RIOT, BITF & HIVE News!

Mining Giants in Turbulent Waters: WULF, BTDR, RIOT, BITF & HIVE News!

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McNallie Money explores the latest miner news as Bitcoin pulls back to the $113,000 range, examining how top companies are pivoting to HPC and AI strategies while managing Bitcoin's volatility.

• TeraWulf expands partnership with Google, increasing Google's stake from 8% to 14% with a new 160MW HPC contract
• TeraWulf upsizes convertible note offering to $850 million with potential to reach $1 billion
• Bitfarms adds former AWS executive to board as they continue developing HPC strategy for Panther Creek
• Riot Blockchain reducing Bitfarms ownership from 7.2% to 4.6%, likely exiting position completely soon
• Hive's Buzz HPC partners with Bell Canada to build sovereign AI ecosystem powered by NVIDIA GPUs
• CleanSpark changes CEO with speculation they may finally enter the HPC/AI space
• Bitdeer reports 57% YoY revenue growth with $69.5M from SealMiner sales, targeting 40 exahash by October
• Network hashrate approaching 1,000 exahash seven-day average with minimal difficulty adjustment expected

Take a second to like and subscribe to McNallie Money, and let us know in the comments how you're feeling about Bitcoin miners in light of today's pullback and your current top pick in the space.

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