One customer for their AI chips, Haitu Technology, described Sophgo as Bitmain’s “recommended distributor” in a filing to Chinese securities regulators in late 2022. Bitmain itself does not sell its AI processors to small and medium-sized companies, Haitu said.

Following MicroStrategy's 11,000 BTC acquisition for $1.1 billion, bringing its overall holdings to 461,000 BTC, interest has turned to the potential

AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure investment deal orchestrated by Trump. Bitcoin posted 3% gain trading at $106,000 as the broader market awaits Trump's first crypto-specific policies.

Bitcoin held steady while AI-focused tokens like AI16Z and VIRTUAL dominated gains after a major AI initiative was announced by President Donald Trump.

Innovative technologies converge to address global energy needs, highlighting the potential of clean power solutions.

The crypto market rebounded, with the overall market cap reaching $3.55 trillion. Emerging AI coins offer fresh opportunities for strategic investments.

Riot Platforms, Inc. (NASDAQ:RIOT), a leading Bitcoin mining company valued at $4.48 billion, has been making waves in the cryptocurrency industry with its strategic expansion plans and recent forays into artificial intelligence and high-performance computing (AI/HPC).

Riot Platforms (NASDAQ: RIOT) has recently launched a formal evaluation of potential AI/HPC uses for remaining 600 MW of power capacity.

During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.

Gryphon Digital Mining is charting a transformative path by blending traditional energy solutions with advanced AI capabilities.

The Working Group will function under the oversight of Trump's AI and crypto Czar David Sacks. Other delegates will include the Securities & Exchange Commission (SEC) acting Chair Mark Uyeda, the Secretary of the Treasury, with other key federal department heads.

While Smith is bullish on the AI pivot, there are trade-offs. Riot is scaling back its 2025 bitcoin mining goals, lowering its hashrate target by 19% to 38.4 EH/s and cutting its capital expenditures for the year by $245 million.