NYDIG will acquire Crusoe's Bitcoin mining business
According to Globenewswire, NYDIG plans to acquire the Bitcoin mining business of AI infrastructure provider Crusoe, which includes Crusoe's Digital Flare Mitigation business, subject to regulatory approval, customary consent and final completion of the transaction. Upon completion of the transaction, approximately 135 Crusoe employees will join the NYDIG team and continue to operate this business under NYDIG. The transaction will not result in any job cuts. The terms of the deal were not disclosed. NYDIG plans to continue operating and investing in business growth.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.

JPMorgan raises target prices for Target and Walmart