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Industry
Mara bitcoin miner pursues purchase of Texas power site to accelerate AI expansion
Mara Holdings shares rose about 15 percent early after it announced plans to buy a Texas power site to expand digital infrastructure for AI computing and bitcoin mining. The site is a 1,200-acre tract in Matagorda County with access rights of up to 2 gigawatts, with an initial 1 gigawatt expected by October 2027. Mara said the project is early-stage and subject to regulatory approvals, with phased construction over several years.
Crypto
Bitcoin slumps but mining stocks rise, up as much as 85 percent in 2026
Major listed bitcoin mining stocks have risen across the board in 2026 even as bitcoin is down about 20 percent from the start of the year, Cointelegraph reported. The top 10 miners by market value all posted positive returns, with gains ranging from about 5 percent to more than 85 percent, according to BitcoinMiningStock.io. The strength is linked to big miners expanding AI and high-performance computing businesses.
Crypto
Bitdeer sells entire bitcoin holdings
Bitcoin miner Bitdeer has sold all of its bitcoin holdings, Cointelegraph reported on Feb. 22. Bitdeer said in a recent weekly report it sold 943 BTC it previously held and disposed of all 189.8 BTC it newly mined. It plans to issue $300 million in convertible bonds for data centre expansion, AI cloud growth and mining hardware development. The bonds mature in 2032 and can be converted into shares or cash.