Bitcoin Mining Firm Luxor Raises $16 Million to Scale Its AI Compute Push
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Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained.
Why This Team of Ninjas Is Tripling Down on Mining Bitcoin
NIP Group says Bitcoin mining has “earned its place” as the esports giant swaps 247 million shares for more machines.
Bitcoin ETFs Bleed $636 Million as October Turns Red Again
Spot Bitcoin ETFs lost $635.6 million on Thursday, their biggest outflow of the month, pushing October flows back to a loss of about $176 million as Ethereum and Solana funds also bled.
Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors.
Strive Buys $335 Million in Bitcoin After Investors Pour In $369 Million
The Nasdaq-listed bitcoin holder bought as warrant holders exercised, bringing in $369 million, and it now plans a $630 million sale of 15% preferred stock.
Abandoned Bitcoin? Wallet Targeted by Noah Doe Lawsuit Moves $33 Million
A Bitcoin address dormant since 2013 moved 411.45 BTC worth about $33.4 million, according to Galaxy Research, and it’s among the wallets named in the “Noah Doe” lawsuit.