Want to evaluate a hyperscaler deal beyond the headline number? Ziven built a valuation tool that treats companies as data center landlords to reveal the real economics. We used $CLSK’s $6.6B colocation deal to show how that translates into shareholder value.
Marvell $MRVL has gone from a sub-$100 stock to north of $300 since Jensen Huang called it "the next trillion-dollar company", and now everyone's hunting for his next hint. The most useful thing he left on stage was a map.
$IREN secured 96% of the $5.81bn GPU capex for its Microsoft contract at a low single-digit all-in financing cost. This was enabled by by the Microsoft lease itself and carries investment-grade credit rating.
Hyperscaler contracts have moved from a sideshow to the main story for public miners, but the announcements are scattered across press releases and 8-Ks. We've built a single tracker that surfaces every deal and the economics that matter.
Public Bitcoin miners are pivoting to AI/HPC data centers, so we built a live tracker to compare operating, under development, and pipeline capacity.
HPC/AI exposure drove miner valuations in 2025. The next phase will separate execution from narratives, and that's where re-ratings will diverge. $IREN $APLD $CIFR $WULF $HUT
🎧 We turned our annual Bitcoin mining report into a podcast that covers mining economics, AI/HPC valuations and more...
Institutions increased positions in Bitcoin miners during first 9 months of 2025, with $IREN, $APLD, $CIFR, and $RIOT leading gains in holder numbers and capital flows.
In 2025, $IREN, $APLD, and $CIFR led the Bitcoin mining sector, each delivering >200% 1-year returns. But the bigger story sits beneath the leaderboard: the market clearly favored certain types of companies over the past year.
With miners redirecting power to AI datacenters, what does it mean for Bitcoin? Nico Smid & Hayden Otto unpack hashrate trends, hybrid mining models, stranded energy plays, and why the AI pivot may make Bitcoin mining more decentralized than ever.
$WULF targets 250-500 MW of new HPC signings each year, and still plans to mine Bitcoin through at least the end of 2026.
SLNH has an over 1 GW pipeline, on par with BITF, but a market cap just a fraction of the size. With an up to $100M credit facility for data center buildout, could Soluna be a baby IREN in the making?
