CleanSpark breaks through the 40 EH/s milestone, Bit Digital expands AI cloud revenue expectations, Core Scientific achieves full debt restructuring

ME News message, March 31 (UTC+8), according to BBX’s comprehensive coverage of crypto concept stock information, yesterday, as the global crypto asset market wrapped up March, it exhibited very strong “capacity inflation” and “valuation repair” characteristics. With leading mining companies achieving a generational leap in compute capacity deployment, and the determinism of AI compute contracts’ fiat cash flows beginning to enter the earnings season at scale, crypto concept stocks are shifting from “beta assets” to “high-growth infrastructure assets,” achieving a sovereign-level leap.

Key dynamics fast briefing

Compute power efficiency supremacy: CleanSpark, Inc. (NASDAQ: $CLSK) announced yesterday that its total hash rate has officially broken through the 40 EH/s threshold. The company disclosed that, with its new Mississippi site operating at full capacity, its unit compute energy-efficiency has been optimized to 14.5 J/TH, establishing its nationwide energy-efficiency leadership after 21 million bitcoins.

AI revenue accelerates again: Bit Digital, Inc. (NASDAQ: $BTBT) disclosed yesterday that its AI compute hosting business has signed an annual add-on contract worth $55 million. The company emphasized that its current fiat revenue streams are already sufficient to cover 60% of CapEx (capital expenditures) for its global bitcoin mining business, greatly reducing its reliance on financing in the secondary market.

Financial sovereignty returns: Core Scientific, Inc. (NASDAQ: $CORZ) announced yesterday that it has completed, ahead of schedule, the final restructuring of its protected debt. As of now, the company has officially entered an “operations with no net debt” phase. As North America’s largest publicly listed compute entity, this financial milestone has triggered strong market expectations for its potential to “prioritize cash flow.”

Vertical integration dividend: Bitdeer Technologies Group (NASDAQ: $BTDR) confirmed yesterday that the deployment volume of its self-developed Sealminer A1 in Bhutan and North America has surpassed 150,000 units. The company stated that, through end-to-end self-developed chips, its hardware cost per coin produced is 28% lower than that of externally sourced machine models, successfully building a technological moat above $75 million.

Infrastructure credit breakthrough: Applied Digital Corporation (NASDAQ: $APLD) announced yesterday that it obtained a $150 million equipment credit facility, specifically for expanding its liquid-cooled GPU compute data center in North Dakota. APLD indicated that, currently, the upfront deposits from AI developers have locked in all idle capacity for the next two years. (Source: BBX)