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AI compute generates far higher revenue per megawatt than Bitcoin mining, says MARA CEO Fred Thiel

Market News
28 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

MARA CEO Fred Thiel explained that electricity used for AI data centers earns significantly more revenue per megawatt than Bitcoin mining, with AI infrastructure generating $10-15 million per megawatt compared to $1 million for Bitcoin mining. This economic advantage is driving MARA's gradual shift from Bitcoin mining to AI data center development as AI contracts offer more stable financing and better returns. While Bitcoin mining will continue where electricity is cheap or unused, the company sees AI compute as the future due to rising power demand and easier access to capital. Thiel also highlighted challenges like public resistance to new data centers and long power plant construction timelines, which impact the industry's growth.

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CRCAM Alpes Provence releases financial report for June 30, 2026, available online and filed with regulators

CRCAM Alpes Provence releases financial report for June 30, 2026, available online and filed with regulators

CRCAM Alpes Provence has published its financial report as of June 30, 2026. The document is accessible on their official website and has been submitted to the French financial regulator, the Autorité des Marchés Financiers. This release ensures tran...

Market News
Neutral
41 minutes ago
Capgemini repurchases 68,613 shares at €91.59 each from July 20-24, 2026.

Capgemini repurchases 68,613 shares at €91.59 each from July 20-24, 2026.

Between July 20 and July 24, 2026, Capgemini executed a buyback of 68,613 of its own shares at an average price of €91.59 per share. This transaction is part of the company's ongoing efforts to manage its capital structure and potentially enhance sha...

Company Fundamentals
Neutral
42 minutes ago
Commvault beats Q1 estimates with strong earnings and 22% subscription revenue growth

Commvault beats Q1 estimates with strong earnings and 22% subscription revenue growth

Commvault Systems reported strong Q1 2026 results, surpassing earnings per share and revenue estimates with EPS of $1.42 and revenue of $314.13 million. Subscription-based services drove growth, with subscription ARR up 22% to $1.05 billion and SaaS ...

Company Fundamentals
Bullish
1 hour ago
Visa expects strong earnings growth and adjusts strategy with new partnerships and job cuts.

Visa expects strong earnings growth and adjusts strategy with new partnerships and job cuts.

Visa Inc. is set to report strong year-over-year growth in earnings per share and revenue, with analysts optimistic and maintaining Buy ratings. The company forecasts earnings of $3.23 per share on $11.40 billion revenue, up from $2.98 per share and ...

Company Fundamentals
Bullish
1 hour ago
Investigation launched into T1 Energy over possible securities violations after cost overruns and delays.

Investigation launched into T1 Energy over possible securities violations after cost overruns and delays.

Block & Leviton LLP is investigating T1 Energy for potential securities law violations following the company's announcement of a 20% increase in capital expenditures and delays in its solar-cell project. The investigation centers on whether T1 Energy...

Market News
Bearish
1 hour ago
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