News linked to both this project and an event.
"New Stock God" Serenity stated on the X platform that AI infrastructure company Nebius (NASDAQ: NBIS) has continued to show strong performance recently, not only outperforming the broader market but also surpassing the Neocloud concept stock basket composed of IREN, Cipher Mining (CIFR), and others. Serenity also described Nebius's recent market performance as having "anime plot armor," expressing optimism about its sustained upward momentum.After Microsoft's earnings report release last year, Serenity predicted that Nebius's market cap could reach $100 billion following the release of its Q4 results. Currently, Nebius's market cap has risen to approximately $60 billion, steadily approaching this target.
Canaan Inc. announced its first-quarter 2026 financial results. The report shows total revenue of $62.7 million, in line with prior guidance; net loss amounted to $88.7 million. As of March 31, 2026, the company’s cryptocurrency reserves reached a record high of 1,807.60 bitcoins and 3,951.53 ether. Operationally, the aggregate installed hash rate capacity across the company’s ten co-mining projects reached approximately 11 EH/s, representing a 10.7% sequential increase; the company mined 257 bitcoins during the quarter. Strategically, Canaan acquired a 49% equity stake in the ABC project located in West Texas from Cipher Mining; the project-level operational hash rate stands at approximately 4.4 EH/s. Additionally, the company deployed a “hash-rate-to-thermal-energy” project in Northern Europe, with a planned total capacity of approximately 8 megawatts. Canaan expects total revenue for the second quarter of 2026 to range between $35 million and $45 million.
According to GlobeNewswire, Nasdaq-listed Bitcoin mining company Cipher Digital announced it has secured a $200 million revolving credit facility backed by multiple global financial institutions. The new capital will be used to enhance liquidity and further expand its AI and HPC data center platform capabilities. Additionally, the company disclosed in its Q1 financial report revenue of $35 million and the signing of its third AI data center campus lease agreement.