Bitcoin miners are transitioning from cryptocurrency mining to powering AI data centers, capitalizing on their existing infrastructure like power contracts and cooling systems. AI data centers generate about $25 per kilowatt-hour in revenue, vastly outperforming Bitcoin mining's $1 per kilowatt-hour, prompting miners to pursue over $70 billion in AI contracts. This shift could see AI-related revenue rise to 70% of total miner income by the end of 2026, marking a significant structural change. Miners gain operational flexibility by toggling between AI workloads and Bitcoin mining based on market conditions, reducing investment risk and tapping into the booming demand for AI compute power.
Zealand Pharma executed transactions to repurchase 205,000 shares during week 29 (July 13-17, 2026) as part of its ongoing share buy-back program authorized for up to DKK 1.3 billion. The total shares repurchased under the program now amount to 1,994...
State Street saw its price target raised to $200 by Evercore ISI, reflecting an 8.7% potential upside, following strong Q2 financial results. The company reported earnings of $3.65 per share, beating estimates, and revenue grew 17% year-over-year to ...
Hut 8 has secured a $9.8 billion, 15-year lease to fully commercialize its 1-gigawatt Beacon Point AI data center campus in Texas, expanding its contracted IT capacity to 949 MW. This marks a strategic shift from cryptocurrency mining to AI infrastru...
Saputo Inc. will hold its 2026 Annual General Meeting of Shareholders on August 7 in a hybrid format, allowing both in-person and online participation. The company will release its fiscal 2027 first quarter results on August 6 after market close, fol...
Construction activity in Saskatchewan is expected to grow steadily until 2035, mainly driven by a strong increase in residential building and renovations. Non-residential construction will see moderate growth with fluctuations tied to major project t...
