Several companies, including Hut 8, IREN, and Terawulf, have announced significant expansion plans in AI cloud and high-performance computing, with investments ranging from hundreds of millions to billions of dollars. Meanwhile, UK-based ECR Minerals and Union Jack Oil are incorporating Bitcoin into their reserves and exploring natural gas mining opportunities. Additionally, DL Holdings and Greenidge are engaging in financing and asset disposal activities.
In a notable development, the UAE government has become the fourth-largest Bitcoin-holding government globally, with approximately 6,300 BTC held through a state-owned mining enterprise.
Hut 8, IREN, and Terawulf Announce Major AI and HPC Expansion Plans
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