A 16-year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams beyond Bitcoin. Bitcoin mining company Bitdeer has signed a 16-year lease agreement valued at as much as $4.7 billion to secure artificial intelligence and high-performance computing data center capacity, underscoring how crypto miners are increasingly expanding into AI infrastructure as demand for computing power grows. Under the agreement, Bitdeer will provide 121 megawatts of IT capacity at its Tydal, Norway, AI data center to a tenant that the company identified only as a subsidiary of Volta Infra. The facility will be configured to support Nvidia GPU-based AI workloads, though Bitdeer did not disclose the tenant’s identity or specify whether Volta is the end customer or an intermediary. Bloomberg News reported that the Nvidia-backed Volta’s $10 billion cloud contract is with Anthropic, citing people familiar with the matter. Read more
Galaxy said that at least 15 different attackers have exploited the Coldcard vulnerability, which may have been avoided with just $2 worth of AI hardening, according to Dragonfly’s managing partner. At least 15 different attackers have exploited the Coldcard vulnerability, according to Galaxy Digital’s head of research, Alex Thorn, citing new victim reports received since the incident. Thorn said Tuesday that the victim reports helped the company label new attackers that would have gone undiscovered, as the nature of the exploit was different from a hack on a centralized exchange. “Due to one single victim’s report of less than 1 BTC stolen, we identified a new attack with 12 BTC siphoned from 126 addresses,” Thorn wrote in a Tuesday X post. Read more
Transform Ventures founder Michael Terpin says Bitcoin could have another 30% downside from its current price before he is confident the market has reached a bottom. Bitcoin may have already erased half of its market cap, but veteran crypto investor Michael Terpin says the asset still has further to fall before hitting rock bottom. “We still have more pain to go,” Terpin tells Cointelegraph on the Trade Secrets show. Terpin believes that Bitcoin will ultimately fall “66%” from its October 2025 all-time high of $126,100. “I think that brings us down into the 40s, and I think that’s about where we’re gonna go,” Terpin says. To be precise, a 66% drop from the ATH would see Bitcoin changing hands for $43,500, a price the asset has not seen since early February 2024. The 68-year-old investor, often referred to as the “Godfather of Crypto,” has seen Bitcoin plunge enough times to know what a true bottom feels like. Read more