Terawulf Inc (WULF) Price

CleanSpark Plunges 15% as Bitcoin Retreats Below $90k

CleanSpark (CLSK) stock dropped 15.07% to $11.91 as Bitcoin's price fell below $90,000, impacting the broader crypto mining sector.

Terawulf Stock Falls 12.8% on Bitcoin Drop, AI Fears

Terawulf (WULF) stock fell 12.84% to $12.49 on December 16, pressured by a drop in Bitcoin, AI sector spending concerns, and a recent share structure change.

US Bitcoin Miners Pivot To AI, Testing Pure-Play Models

Publicly traded US Bitcoin miners face a profitability crisis, prompting a strategic split. Many are converting data centers for AI, while 'pure-play' miners like American Bitcoin face investor scrutiny despite some analyst support.

AI Boom Fuels Infrastructure Spending, Strategy Pivots

Firms are reinvesting AI-driven productivity gains into growth and new capabilities, not layoffs. This is fueling massive infrastructure spending and strategic pivots, such as Bitcoin miners converting facilities for AI, drawing intense investor scrutiny on capital returns.

Bitcoin-Holder XXI Stock Slides 19% in Debut

Twenty One Capital (XXI), a new Bitcoin-focused firm, saw its stock decline 19% in its public market debut despite holding over $4 billion in Bitcoin. The negative reception highlights investor scrutiny of corporate Bitcoin treasury strategies.

Standard Chartered Adjusts Bitcoin 2025 Price Target

Standard Chartered has revised its 2025 Bitcoin forecast to $100,000, a significant reduction from its previous $200,000 target. The adjustment contrasts with strong institutional accumulation and bullish market sentiment driven by expectations of a U.S. Federal Reserve policy pivot.

Strategy Acquires $963M Bitcoin Financed by Shares

Strategy purchased 10,624 BTC for approximately $962.7 million, funding the acquisition through share sales. This move reinforces its corporate treasury strategy amid strong institutional buying and expectations of a Federal Reserve rate cut, further tying its valuation to the performance of Bitcoin.

CoreWeave Taps Debt Market For $2B AI Expansion

AI cloud provider CoreWeave is raising $2 billion via convertible senior notes to fund its expansion, adding to an existing $14 billion debt load. The move mirrors a broader industry trend where compute-focused firms are leveraging debt to pivot into the high-demand AI infrastructure sector, signaling both aggressive growth ambitions and heightened financial risk.

China Fortifies Financial System with AI and Blockchain as West Fears Tech Bubble