Latest news with #RiotPlatforms
Yahoo
a day ago
- Business
- Yahoo
MSTR Expanding AI With Mosaic: Is the Stock Evolving Beyond Bitcoin?
MicroStrategy MSTR, doing business as 'Strategy,' has taken a significant step in expanding its AI capabilities with the general availability of Strategy Mosaic, an AI-powered Universal Intelligence Layer. This launch aligns with the company's shift toward cloud-first, subscription-based services and could contribute positively to revenue and earnings expectations by enhancing demand for its AI plans to scale its cloud offerings and deepen customer engagement. As enterprise demand for trusted, scalable AI infrastructure grows, the success of Mosaic may well determine the next chapter in MSTR's subscription-driven impact is already evident in the company's Subscription Services segment, which saw a 61.6% year-over-year increase in revenues, reaching $37.1 million in the first quarter of 2025. Mosaic complements this growth by allowing customers to integrate data from over 200 sources, automate semantic modeling and deliver AI-ready insights across tools like Power BI, Tableau and traditional one-time product licenses, Strategy's subscription offerings, now bolstered by Mosaic, deliver ongoing value through data governance, semantic consistency and integrated security. With Mosaic's AI-powered Studio, customers can dramatically speed up data preparation and metric creation using natural language, enhancing time-to-value and user adoption. These features are not just technological enhancements but also open doors for cross-selling within the cloud ecosystem. Riot Platforms RIOT is transforming its 600 MW of idle capacity into an AI and HPC hosting platform, targeting enterprise clients alongside its Bitcoin mining operations. Riot Platforms differentiates itself by offering physical AI compute infrastructure, positioning for long-term subscription revenues. While Strategy focuses on AI-enhanced analytics through its proprietary software suite, Riot Platforms competes by offering physical AI compute infrastructure. This strategic pivot underscores Riot Platforms' goal to become a major player in AI Holdings MARA is leveraging its advanced immersion-cooling tech and grid-responsive power control to enable co-located AI inference together with Bitcoin mining. The company is licensing its 2-phase immersion systems and collaborating with data-center operators. MARA Holdings positions itself as an AI infrastructure enabler. Unlike Strategy's focus on AI software analytics, MARA Holdings is building the physical backbone for AI deployments, highlighting a clear distinction in how both firms approach the AI opportunity. Shares of Strategy have gained 33.5% year to date compared with the Zacks Computer – Software industry's return of 13.5%. Image Source: Zacks Investment Research MSTR has a Value Score of F. It is currently trading at a Price/Book ratio of 3.21 compared to the sector's 9.94X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for MSTR's 2025 loss is currently pegged at $15.73 per share, unchanged over the past 30 days. The estimate suggests a steep year-over-year decline of 134.08%. Image Source: Zacks Investment Research MSTR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report Riot Platforms, Inc. (RIOT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Coin Geek
2 days ago
- Business
- Coin Geek
US pushes for 'crypto' ambition amid environmental crisis
Getting your Trinity Audio player ready... The United States has solidified its position as the global leader in block reward mining, commanding over 40% of the world's hash rate as of May 2025. The 2021 China's crypto ban drove miners to the United States, where affordable energy, supportive policies, and robust infrastructure create an ideal environment. States like Texas, Wyoming, and Georgia offer electricity rates as low as $0.08 per kilowatt-hour and business-friendly regulations, attracting major players like Riot Platforms (NASDAQ: RIOT) and Core Scientific (NASDAQ: CORZ). The Trump administration's pro-crypto stance has accelerated the digital mining industry's growth, with relaxed environmental regulations and streamlined permitting processes spurring the development of new mining facilities. Texas, with its deregulated energy market and abundant natural gas, is a prime destination for block reward mining. It hosts some of the largest operations globally, including Argo Blockchain (LSE: ARB), which acquired 320 acres of land in West Texas in 2021. However, the proposed 36% tariffs on imported mining equipment announced on April 2 threaten profitability by increasing operational costs. For the block reward mining sector, which heavily depends on imported hardware from Southeast Asia and China, these tariffs present immediate challenges and create a transformative opportunity. Energy availability remains a critical but challenging factor. While competitive rates provide an advantage, grid strain during peak demand periods can lead to outages or price spikes, disrupting operations. Miners are mitigating these risks by securing long-term energy contracts or investing in renewable sources like solar and wind, aligning with growing environmental concerns. Bitcoin mining's estimated 150 TWh annual consumption has drawn scrutiny from climate advocates, pushing the industry toward sustainable practices. Institutional investors, including firms like BlackRock (NASDAQ: BLK), are exploring stakes in mining companies, driving consolidation as larger players acquire smaller operations to boost efficiency. However, local communities, particularly in Texas, are resisting mining's environmental and noise impacts, with lawsuits over cooling fan noise escalating. In October 2024, Citizens Concerned About Wolf Hollow filed a lawsuit at the District Court for Hood County, accusing Marathon Digital (NASDAQ: MARA) of failing to reduce excessive noise pollution caused by its mining operations. These tensions could lead to stricter local regulations, challenging the industry's expansion. 'In such a short time, Bitcoin mining has completely altered our community, for the worse. The around-the-clock mining isn't just driving up our electricity bills — it's costing us our health. We feel trapped. Day and night, we are subjected to relentless noise that is physically harming us. We aren't asking for much — just for Marathon to take responsibility and restore our peace and well-being,' one Granbury resident said. The U.S.'s dominance in Bitcoin mining will likely persist, but miners must navigate tariff risks, energy volatility, and community concerns to maintain their global edge. Strategic adaptation and investment in sustainable practices will be key to sustaining leadership in this dynamic market. Watch: Bitcoin mining in 2025: Is it still worth it? title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""> Block Reward Mining Donald Trump Tariff Texas Trump Administration United States
Yahoo
17-06-2025
- Business
- Yahoo
Bitcoin Mining Costs Soar as Hashrate Hits Records: TheMinerMag
Bitcoin BTC miners are facing mounting pressure as the network's hashrate and difficulty continue to climb, tightening margins even as bitcoin's price holds steady, according to TheMinerMag's monthly report. The network's mining difficulty hit a record 126.98 trillion, propelled by a 14-day average hashrate of 913.54 exahashes per second (EH/s). Transaction fees in June fell below 1% of block rewards, and hashprice dropped to $52 per PH/s before rebounding slightly. Escalating competition and energy costs are expected to drive production expenses above $70,000 per BTC, up from $64,000 in the first quarter of the year, the report said. To remain competitive, public miners like MARA Holdings (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), and IREN (IREN) are accelerating buildouts. MARA grew its hashrate by 30% in May, while HIVE (HIVE) added 32% after energizing a new facility in Paraguay. Cipher Mining (CIFR) is targeting a 70% boost by expanding its Texas operation. Top-tier ASICs now cost between $10 and $30 per terahash, the report said, with operational payback periods stretching as long as two years. That's assuming a $0.06/kWh electricity rate — already out of reach for some. Terawulf, for instance, paid $0.081/kWh in the first quarter, pushing its fleet hashcost up by over 25%. Meanwhile, mining equities are decoupling from bitcoin's price performance. IREN, Core Scientific (CORZ), and Bit Digital (BTBD) were all in the green over the last month, while Canaan (CAN) and Bitfarms (BITF) were both down double digits during the same time period. The shift suggests that investors are paying closer attention to business models rather than just Bitcoin's price action. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-06-2025
- Business
- Yahoo
U.S.-Listed Bitcoin Miners' Share of Network Hashrate Hit Record High in June: JPMorgan
The total hashrate of the 13 U.S.-listed bitcoin BTC miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global network, the highest level on record, the bank said in a research report on Monday. These miners added 11 exahashes per second (EH/s) of capacity since April, led by CleanSpark (CLSK), Hive Technologies (HIVE) and Riot Platforms (RIOT), the report said. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work blockchain, and is a proxy for competition in the industry and mining difficulty. The miners' aggregate hashrate has risen 99% year-on-year versus a 55% y/y increase in the network hashrate. The network hashrate fell about 10 EH/s to an average of 890 EH/s in the first two weeks of June, a development the bank said was "somewhat surprising." Still, it remains up over 50% year-on-year. The hash price, a measure of daily mining profitability, dropped 2% from the end of May, the report noted. The total market cap of the 13 companies rose 10%, or $2.4 billion, in the first two weeks of the month, the bank said. Riot outperformed the group with a 20% gain, while Bitfarms (BITFU) underperformed with a 9% decline, the report added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback
The crypto market is slightly bouncing back from early Friday's jitters on escalating conflict between Israel and Iran. After slumping to the $102,600 mark, bitcoin BTC rebounded to around $106,000 before fading lower in the U.S. afternoon hours with reports about a fresh wave of airstrikes targeting Iran. The top cryptocurrency was down 1.6% in the last 24 hours, changing hands at $105,200 and still less than 6% shy of its all-time high price. Meanwhile, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding memecoins, stablecoins and exchange coins — has lost 4.4% in the same period of time. Tokens such as ether ETH, avalanche AVAX and toncoin TON were the hardest hit, slumping between 6% and 8%. Crypto stocks, however, aren't doing too hot. Most equities are in the red, especially bitcoin miners MARA Holdings (MARA) and Riot Platforms (RIOT), down 5% and 4% respectively. A notable exception is stablecoin issuer Circle (CIRCL), which is still benefiting from the windfall of its recent IPO; the stock is up 13% today, with news of retail giants Amazon and Walmart reportedly exploring stablecoins adding to the momentum. Traditional markets don't seem overwhelmingly concerned by the war. While gold is up 1.3%, potentially gearing up for new all-time highs, the S&P 500 and Nasdaq are only down 0.4% each. "Nice bounce thus far and lack of follow-through lower," well-followed crypto trader Skew said in a Friday X post. Market participants will likely remain cautious through the weekend with BTC tightly correlated with traditional markets amid heightened geopolitical risks, Skew added. On the longer timeframe, some analysts see risks of a deeper pullback. 10x Research founder Markus Thielen noted that BTC's drop below $106,000 translates to a failed breakout, and traders should wait for more favorable setups before rushing to buy the dip. He highlighted the $100,000-$101,000 zone as key support, warning that a break below could mark a return to the broader consolidation phase similar to last summer. John Glover, chief investment officer at bitcoin lender Ledn, argued that bitcoin entered a corrective phase from its record highs that could see the largest digital asset drop to $88,000-$93,000. He said the $90,000 level could offer a favorable entry for opportunistic investors before BTC resumes its uptrend. "Once this pattern has played out, the next move higher to the $130,000 area is expected to begin," he said.
