Bitcoin Miner MARA Surges 17% on Starwood AI Data Center Deal: Report
MARA, a Bitcoin mining company, saw its stock jump 17% after announcing a deal with investment firm Starwood. According to reports, the agreement involves converting and expanding certain facilities to create data centers catering to the growing demand for Artificial Intelligence (AI) infrastructure. The development signals a move by Bitcoin mining firms to diversify their revenue streams by leveraging existing infrastructure for AI applications. The partnership highlights the increasing convergence of cryptocurrency and AI technologies, as companies explore synergies between these sectors.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.