Research and analysis from TheEnergyMag
Jun 4, 2026
Bitcoin miners are breaking from BTC as investors reprice power-rich operators as backdoor AI infrastructure bets, while pure-play mining names remain exposed to the old bitcoin-beta trade.
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Jun 2, 2026
HIVE’s 10-K shows the miner used 2,139 bitcoin as equipment deposits to help fund its Paraguay expansion, adding 18 EH/s while reducing its BTC treasury.
Jun 1, 2026
Sphere 3D and Cathedra completed their merger, creating a Nasdaq-listed bitcoin mining operator with 53 MW of capacity and a 100 MW-plus expansion pipeline.
Jun 1, 2026
Cango’s Q1 bitcoin output implied realized hashrate of 31.28 EH/s, down 30% from Q4, as the miner curtailed higher-cost machines and cut bitcoin-backed debt.
Jun 1, 2026
IREN secured $3.6 billion of Microsoft-backed GPU project financing, extending the AI data center boom’s role in lowering bitcoin miners’ cost of capital.
Jun 1, 2026
DMG signed a non-binding LOI to provide 50 MW of AI colocation capacity at its Christina Lake bitcoin mining site, with a potential 12-year tenant deal.
May 31, 2026
SoftBank plans to invest up to €75 billion to develop 5 GW of AI data center capacity in France, including an initial 3.1 GW buildout in Hauts-de-France by 2031.
May 29, 2026
Core Scientific CEO Adam Sullivan said AI data center construction costs have risen to as much as $12 million per megawatt, with labor, electricians and long-lead equipment emerging as key bottlenecks.
May 28, 2026
PJM’s market monitor says AI data center load growth is “unique, unprecedented and uncertain,” adding $23.1 billion to capacity-market revenues and raising new questions over who pays for power reliability.
May 28, 2026
Nebius shares rose by 8% during after-hour trading after Situational Awareness disclosed a new 5.6% stake, extending the AI hedge fund’s bets from bitcoin miners into neocloud infrastructure.
