Question 1

How much is MARA paying for?

Accepted Answer

MARA is acquiring Long Ridge Energy & Power for $1.5 billion total, which includes the assumption of approximately $785 million in existing debt.

Question 2

What is IREN's new contract with NVIDIA worth?

Accepted Answer

IREN signed a five-year, $3.4 billion AI Cloud contract with NVIDIA for air-cooled Blackwell GPUs, with deployment expected inside 60MW of existing Childress, Texas data center space starting in early 2027.

Question 3

Are Bitcoin miners selling their BTC holdings to fund AI plans?

Accepted Answer

Yes. DMG Blockchain disclosed it liquidated bitcoin to fund operations and capital expenses in April, Bitdeer sold all 193.8 BTC it mined for the week ending May 8, and Cango previously sold $305 million in Bitcoin to retire debt before launching its AI subsidiary.

IREN Limited

IREN’s unconfirmed Anthropic deal tests miners’ AI cloud pivot

BTC miners accelerate AI pivot with billion-dollar deals and hardware swaps in latest quarterly updates

One sharp brief.
Every day.

IREN Limited

IREN’s unconfirmed Anthropic deal tests miners’ AI cloud pivot

BTC miners accelerate AI pivot with billion-dollar deals and hardware swaps in latest quarterly updates

One sharp brief.Every day.

One sharp brief.
Every day.