Crusoe Energy has entered a definitive agreement to sell its Bitcoin mining unit to NYDIG in order to focus on AI expansion.

Crusoe shifts focus to AI infrastructure as NYDIG expands its bitcoin mining business. NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation ...

Crusoe Energy is selling its Bitcoin mining business to NYDIG to focus fully on expanding its AI infrastructure operations while maintaining an equity stake in the combined entity.

Crusoe Energy got its start harnessing oilfield flare gas to mine bitcoin. So how did cofounders Chase Lochmiller and Cully ...

Crusoe initially leveraged these DFM-powered mobile data centers for bitcoin mining to monetize the stranded gas, before expanding to running AI workloads on graphical processing unit (GPU) clusters.

As the company focuses on AI and races to complete what it says could be one of most powerful clusters of graphics processing units, or GPUs, in the world, Crusoe is getting out of bitcoin mining.

Bitcoin holds steady as SEC sees leadership shift, Crusoe pivots to AI, and GameStop signals major Bitcoin investment.

NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to regulatory approvals, customary ...