Bitdeer Mining Insights

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Soluna Holdings (SLNH) closed a $53 million acquisition of the Briscoe Wind Farm in Texas on Thursday, securing a key renewable energy source for its AI infrastructure pivot. The 150 MW facility, which has a expansion potential up to 300 MW+, marks Soluna's achievement of full vertical integration—owning the power, land, and compute for its Project Dorothy 3 AI campus. The asset is projected to generate $20M–$24.4M in annualized revenue. Following the announcement, Soluna's shares rose 7.6% to approximately $0.76 as investors cheered the move toward energy sovereignty.

Bitfarms (BITF) confirmed its strategic exit from Bitcoin mining during its FY2025 earnings call, aiming for a zero-bitcoin balance sheet. While 2025 revenue rose 72% to $229M, the firm posted a $209M net loss amid its massive transition. CEO Ben Gagnon announced a rebrand to "Keel Infrastructure," stating the firm will sell its remaining 1,827 BTC "into strength." The capital will fund a 2.2 GW pipeline of North American AI and HPC data centers, completing Bitfarms' evolution from a legacy miner to a dedicated AI infrastructure developer.

MARA Holdings disclosed Thursday that it sold 15,133 Bitcoin (approx. $1.1B) in March to fund a massive debt buyback. The firm repurchased $1 billion of convertible notes due 2030 and 2031 at a 9% discount, saving $88 million and reducing its total debt load by 30% to $2.3 billion. CEO Fred Thiel stated the move leverages BTC holdings to de-lever the balance sheet and enhance flexibility for AI infrastructure expansion. MARA shares surged over 12% in pre-market trading following the announcement.

A California federal judge certified an investor class on March 25 in a securities fraud lawsuit against Nvidia and CEO Jensen Huang. Shareholders allege the chipmaker concealed over $1 billion in GPU revenue tied to crypto mining during the 2017-2018 boom, claiming it was traditional gaming growth. While Nvidia previously paid a $5.5 million SEC fine, this certification paves the way for discovery and potential damages in the hundreds of millions. A case conference is scheduled for April 21, 2026, to determine the next legal steps.

Cipher Digital (CIFR) shares surged 9% in pre-market trading Wednesday following the announcement of a 15-year data center lease with an investment-grade hyperscale tenant. The firm, which rebranded from Cipher Mining in February, will develop its third HPC campus to support AI workloads. Additionally, Cipher secured a $200 million revolving credit facility led by Morgan Stanley. The deal underscores Cipher’s successful pivot from Bitcoin mining to a leading infrastructure partner for Big Tech's escalating AI demands.