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

ME News news, March 31 (UTC+8), according to BBX’s comprehensive disclosure of information on crypto concept stocks, the global crypto asset market yesterday showed very strong “capacity inflation” and “valuation repair” characteristics as March came to a close. As leading mining companies achieved a generational leap in compute power deployment, and the deterministic fiat cash flows from AI compute contracts began entering the earnings season at a large scale, crypto concept stocks are moving from “beta assets” to “high-growth infrastructure assets,” achieving a sovereign leap.

Core Dynamic Highlights

Compute Power Efficiency Dominance: CleanSpark, Inc. (NASDAQ: $CLSK) announced yesterday that its total compute power has officially broken through the 40 EH/s threshold. The company disclosed that, with the new Mississippi site operating at full load, the energy consumption efficiency per unit of compute power has been optimized to 14.5 J/TH, establishing its U.S. energy-efficiency leadership position after 21 million bitcoins.

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

Financial Sovereignty Returns: Core Scientific, Inc. (NASDAQ: $CORZ) announced yesterday that it had completed ahead of schedule the final tranche of a protected debt restructuring. As of now, the company has officially entered a “no net debt” operating phase. As the largest listed compute power entity in North America, this financial milestone has sparked strong market expectations about 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, the hardware cost per coin produced is 28% lower than that of outsourced machines, successfully building a technological moat above $75,000.

Infrastructure Credit Breakthrough: Applied Digital Corporation (NASDAQ: $APLD) announced yesterday that it has obtained a $150 million equipment credit facility, specifically for expanding its liquid-cooled GPU compute power center in North Dakota. APLD noted that, currently, the prepaid deposits from AI developers have locked in the entirety of the idle capacity for the next two years. (Source: BBX)