Crypto News
K Wave Media Dumps Bitcoin Treasury Plan and Bets $485M on AI Infrastructure
Nasdaq-listed K Wave Media has abandoned its $500M Bitcoin treasury plan, redirecting $485M into AI infrastructure just months after launch, sending
#AI Infrastructure
Crypto News
Hut 8 Cuts Borrowing Costs by Refinancing Bitcoin Credit Facility Through FalconX
Hut 8 has refinanced its bitcoin-backed credit facility through FalconX, cutting its fixed interest rate to 7% and unlocking roughly $260 million in
Crypto News
Riot Platforms Shares Surge 8% as AMD Deal Doubles Texas Data Center Capacity
Riot Platforms shares climbed 8% after AMD doubled its contracted capacity at the Rockdale, Texas campus to 50MW, highlighting Riot's accelerating shift
Crypto News
HIVE Digital Raises $115M While Keel Infrastructure Exits Latin America for AI Focus
HIVE Digital secures $115M convertible note for AI data centers while Keel Infrastructure sells Paraguay site, exits Latin America for North American
Crypto News
CoreWeave Secures Major Anthropic Partnership as Crypto Miners Pivot to AI Infrastructure
CoreWeave's multi-year Anthropic agreement marks a significant shift from crypto mining to AI infrastructure, raising regulatory questions for the sector.