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RIOT News30 articles
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.
MARA Holdings Jumps 12.8% as Market Eyes Power Assets Beyond Bitcoin
MARA Holdings jumped 12.8% to $16.04, far outpacing bitcoin's 2.1% gain, as traders valued its power assets and AI data-center potential over its bitcoin holdings.
MARA Holdings Drops 3.9% as Crypto Mining Sector Faces Broad Selloff
MARA Holdings shares slid 3.9% to $12.79, lagging Bitcoin's bounce above $62,000, as the crypto mining sector faced broad selling pressure amid tech weakness and energy cost concerns.
Keel Infrastructure Tumbles on $458M Convertible Debt for AI Data Centers
Keel Infrastructure shares plunged 4.24% to $5.42 after a $458M convertible debt deal for AI data centers, sparking dilution worries. Volume doubled.
MARA Shares Tumble as Bitcoin Weakness Overshadows AI Pivot
MARA shares fell 4.3% as bitcoin slipped below $62,000, reinforcing the stock's sensitivity to crypto prices despite the company's AI and data-center pivot.
XRP Clings to $1.10 Support Amid Broad Crypto Weakness
XRP fell 2.6% to $1.14, testing key $1.10 support as broader crypto markets decline. Traders watch $1.13-$1.14 support and $1.15-$1.20 resistance amid weak ETF inflows.
IREN Shares Near $60 as AI Cloud Strategy Gains Traction
IREN shares jumped 8.9% to $59.19, boosted by bitcoin recovery and its AI cloud pivot. Premarket quotes hit $60.07.
IREN Stock Climbs 9% on Bitcoin Bounce and $4.4 Billion AI Data Center Expansion
IREN shares surged 9% to $59.19 as investors returned to crypto and AI stocks, buoyed by a $3.65 billion GPU financing facility and a new 800MW data center project in Australia.
CleanSpark Shares Face Volatile Monday After Tech Rout Erases Mining Gains
CleanSpark stock slid to $15.59 after a broad tech and crypto selloff wiped out gains from a strong May update, setting up a tense Monday open as investors weigh rising bitcoin output against weak sentiment.
MARA Holdings Tumbles as Bitcoin Weakens and Tech Stocks Slide
MARA Holdings dropped 11.2% on Friday, ending a week of steep losses as bitcoin and tech stocks sold off. The company faces headwinds from its $1.1 billion bitcoin sale and a costly power deal.
Bitcoin Dips Below $60K as ETF Outflows Surge and Strategy Sells
Bitcoin dropped below $60,000 for the first time since October 2024, with $4.4 billion in ETF outflows and a rare sale by Strategy pressuring prices. Analysts eye $59,750 as critical support.
IREN Shares Slide 14% on AI Data Center Plans Despite $3.65B GPU Financing
IREN shares dropped 14% after unveiling an 800MW data center campus in South Australia and closing a $3.65 billion GPU financing facility, as the Nasdaq selloff and lower bitcoin prices weighed on AI and crypto stocks.
MARA Slumps as Bitcoin Retreats Below $70K Amid AI Strategy Debate
MARA shares dropped 4.2% to $14.23 as bitcoin slid below $70,000, highlighting the miner's ongoing dependence on crypto prices despite its push into AI and power infrastructure.
HIVE Digital Revenue Soars 158% as AI Ambitions Face Crypto Headwinds
HIVE Digital Technologies shares rose to $4.89 after a 158% revenue surge to $297.8M, but a weak Q4 and Bitcoin's 4.5% decline capped gains as investors eye AI infrastructure.
MARA Stock Rises as Bitcoin Slips; AI Infrastructure Bet Gains Traction
MARA Holdings stock gained 4% to $14.95, diverging from bitcoin's decline, as the company's strategic shift toward AI-powered data infrastructure through a $1.5 billion acquisition captures market attention.
Sphere 3D Soars 57% After Completing Cathedra Bitcoin Merger
Sphere 3D shares jumped 57% after finalizing its merger with Cathedra Bitcoin, forming a larger digital infrastructure company with 53 MW online capacity and 1.2 EH/s hash rate. The stock traded at $2.99 on heavy volume, though Q1 revenue fell to $1.9 million with a $4.1 million net loss.
MARA Holdings Rises on AI Infrastructure Pivot, Long Ridge Deal
MARA Holdings rose 4.1% in a short week, driven by its $1.5 billion Long Ridge Energy acquisition and pivot to AI infrastructure, despite a Q1 net loss of $1.3 billion.
IREN Shares Dip as Focus Shifts to AI Deal Execution
IREN shares dropped 1.5% to $63.08 Friday as the market shifts focus from contract figures to execution of its AI infrastructure plans.
MARA Holdings Falls as Bitcoin Slide Overshadows AI Expansion Efforts
MARA Holdings shares fell 2.1% as bitcoin slid 1.7%, underscoring the company's continued sensitivity to crypto prices despite its AI push.
IREN Gains Russell 3000 Inclusion, Secures Key Nvidia Deal Ahead of Holiday
IREN Ltd shares rose 7.3% last week following news of its planned Russell 3000 inclusion, a $3.4 billion Nvidia AI cloud deal, and a $3 billion convertible note offering.
MARA Stock Rallies into Holiday, Bitcoin Holds Gains Ahead of Tuesday Trading
MARA Holdings shares rose 1.92% to $13.81 on Friday, gaining about 11% for the week. With Bitcoin trading near $76,590 over the weekend, Tuesday's market open will be a key test for the bitcoin miner.
Keel Infrastructure Gains as AI Data-Center Lease Strategy Faces Key Year-End Test
Keel Infrastructure shares climbed 3.66% to $4.81 on Friday, as the company targets signing data-center leases at three sites this year, pivoting from bitcoin mining to AI infrastructure.
MARA Holdings Rises on AI Infrastructure Shift Despite Bitcoin Decline
MARA Holdings shares climbed 3.25% to $13.99 on Friday, outperforming a falling bitcoin, as investors weigh the company's strategic shift toward AI and data-center infrastructure.
MARA Holdings Faces AI Strategy Test as CEO and CFO Sell Shares
MARA Holdings shares fell in pre-market trading after insider sales, as the company's $1.5 billion pivot into AI-powered data centers faces regulatory and execution risks.
CleanSpark Stock Surges as Wall Street Eyes AI Potential of Its Power Assets
CleanSpark shares jumped 7.4% on Wednesday after the company appointed a new senior finance executive, with Wall Street viewing its power assets as a play on AI infrastructure.
MARA Holdings Up 7% as Bitcoin Stabilizes, but Morgan Stanley Downgrade Looms
MARA shares rose 7% as bitcoin held near $77,357, but Morgan Stanley cut its price target to $7, prompting a public rebuttal from MARA's IR chief. Riot, Cipher, and TeraWulf also gained.
CleanSpark Gains as Bernstein Highlights AI Data Center Power Potential
CleanSpark shares rose 1.7% to $14.94 pre-market after Bernstein rated the stock Outperform with a $24 target, highlighting the value of bitcoin miners' power capacity for AI data centers.
CleanSpark Surges 9% as Bernstein Highlights Bitcoin Miners' AI Data Center Potential
CleanSpark shares rose 9.3% after Bernstein noted bitcoin miners' potential as AI data-center power providers, setting a $24 target and citing $90B in sector AI deals.
Hut 8 Stock Slips 5.5% Following $16M Water Infrastructure Investment for AI Data Center
Hut 8 shares dropped 5.5% as the company invested $16 million in water infrastructure for its River Bend AI data center, highlighting the focus on project execution.
HIVE Digital Soars 29% on Plans for Massive AI Data Center Near Toronto
HIVE Digital Technologies stock jumped 28.6% to $3.46 on Monday after unveiling plans for a 320 MW AI data center near Toronto, aiming for over 100,000 GPUs by late 2027.