Bitcoin mining company IREN has signed a $9.7 billion protocol with Microsoft to provide cloud computing services in Texas.

GateNews
BTC0,09%

ChainCatcher news, Bitcoin mining company IREN has signed a $9.7 billion protocol with Microsoft to provide cloud computing services in Texas, with its stock price having risen over 20% in pre-market trading, currently at $72.9. In addition, the company will invest $5.8 billion to purchase GPUs and related equipment from Dell.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin mining pool operator Foundry launches a Zcash mining pool, accounting for nearly one-third of new production output

Foundry launched a new mining pool for Zcash on April 13 to meet institutional demand for privacy coins. It has already attracted multiple miners, accounting for nearly one-third of the network’s newly added Zcash production. Zcash is based on zero-knowledge proof technology, which is even more favored by institutions, and its price has risen by more than 75% over the past 30 days.

GateNews2m ago

Bitcoin’s Bearish Breakdown Signifies Collapse of Futures-Led Rally

Bitcoin is experiencing significant volatility following a futures-driven market rally that has collapsed, leading to major price corrections and a drop in Open Interest. The market is now vulnerable to further downturns due to a lack of spot demand, indicating structural weaknesses.

BlockChainReporter15m ago

Empery Digital reduced its holding by 55 BTC last week, bringing its total Bitcoin holdings down to 2,934 BTC

Empery Digital disclosed that it sold 55 Bitcoins at an average price of $70,560, generating approximately $3.9 million in proceeds, bringing its holdings down to 2,934 Bitcoins. The company has repurchased about $147 million worth of shares and plans to continue selling Bitcoins to fund future repurchases and repay part of its debt.

GateNews32m ago

Atomicals Market, a Bitcoin ecosystem trading market, will cease operations on April 30

Gate News message: On April 13, the third-party trading market Atomicals Market in the Bitcoin ecosystem posted on the X platform announcing that it will officially stop operating on April 30. The platform said that the current order and bid data are all stored off-chain, and they will no longer be displayed after the shutdown. Users do not need to take any additional action regarding their orders or quotes, but they must transfer their assets or export the AM Wallet private key before the service is discontinued.

GateNews1h ago

Strategy buys 13,927 Bitcoin for $1 billion

Gate News message, according to AggrNews, Strategy purchased 13,927 Bitcoins for a total of $1 billion.

GateNews1h ago
Comment
0/400
No comments