Terawulf reported a 2026 Q3 revenue increase to $76.2 million driven by AI data center leasing, but its operating loss widened to $88.2 million due to rising costs and expansion efforts. The company is expanding AI infrastructure with major projects and financing moves. Similarly, IREN saw bitcoin mining revenue fall 88% year-over-year and is transitioning to AI cloud services, boosting its AI revenue significantly while reducing losses. Both companies reflect a broader industry shift from bitcoin mining to AI infrastructure amid market challenges.
Terawulf and IREN's shift from bitcoin mining to AI infrastructure is the subject, with Pluang market data as context. As of Nov 07, 2026 04:51 WIB, 32 of 50 major cryptocurrencies on Pluang rose while 17 fell. Notable movers include XTZ (Tezos) at Rp5.034 with an 11.40% increase and a typical hold time of 101 days, BAL (Balancer) at Rp16.297 up 11.14%, and EOS (EOS.IO) at Rp12.649 rising 8.13%.
Arcutis Biotherapeutics awarded 58,500 restricted stock units and options for 17,000 shares to six new employees as an inducement to join the company. The grants, approved under Nasdaq Listing Rule 5635(c)(4), vest over four years with specific sched...
The music duo for KING + COUNTRY released the Drummer Boy (Original Motion Picture Soundtrack) to coincide with the nationwide launch of their Christmas film DRUMMER BOY. The soundtrack features original songs by Joel and Luke Smallbone, reimagined C...
HMG Strategy is holding its first Tennessee C-Level Technology Leadership Summit on November 13 at W Nashville, bringing together CIOs, CISOs, CTOs, and senior tech executives from across Tennessee and the Mid-South. The summit will focus on AI, cybe...
Two large transfers of Tether USDt (USDT) totaling over 81 million tokens were recorded moving from unidentified wallets to Coinbase in early November. On November 1, 40 million USDT moved to Coinbase, followed by a 41,048,700 USDT transfer on Novemb...
OpenAI has raised $11 billion so far in a new funding round valuing the company at $1.25 trillion, with the round expected to close at around $20 billion. This funding round is smaller than the initially targeted $30 billion. The AI market faces unce...
