47m ago
Bitdeer secures $4.7 billion AI lease linked to Anthropic, with first delivery due by Dec. 31
Bitdeer has signed a $4.7 billion AI leasing deal linked to Anthropic, but it must complete a $500 million infrastructure build before the contract begins generating revenue. The agreement is expected to bring in about $290 million a year on average, with payments rising 3% annually, and deliveries are planned in two phases. The move could ease pressure to fund operations by selling Bitcoin, though the near-term buildout and financing needs add uncertainty.
BTC
BTC+0.08%
47m ago
49m ago
Unitree prices Shanghai STAR IPO at 150.8 yuan a share, valuing humanoid robot maker at about $9.04 billion
Unitree has priced its Shanghai STAR Market IPO at 150.8 yuan per share, implying a valuation of roughly 61 billion yuan, and plans to raise 6.1 billion yuan. The Hangzhou-based robotics company said it will sell 40.45 million new shares, equal to 10% of its enlarged share capital. In 2025, revenue rose to 1.7 billion yuan, with humanoid robots contributing 867.8 million yuan in sales to become its largest business. DeepSeek invested 140.8 million yuan ($20.8 million) in the offering via a strategic placement, according to a stock-exchange filing cited by Reuters.
49m ago
1h ago
IREN’s Mirantis deal registers nearly 12 million shares for resale, creating a $476 million overhang
Bitcoin miner IREN issued about 12.6 million shares in its acquisition of Mirantis, with nearly 12 million now registered for potential resale. At IREN’s Aug. 3 closing price, the registered block was worth about $476.3 million and could add selling pressure to the stock. The company will receive no proceeds from any sales because the shares are held by former Mirantis investors, directors, officers and employees. The prospectus filing did not indicate that any holder has sold or plans to sell.
1h ago
3h ago
Constellation Energy shares climb after Q2 adjusted EPS tops estimates despite revenue miss
Constellation Energy reported second-quarter revenue of $7.5 billion, below the $7.83 billion analyst consensus estimate, while adjusted earnings rose to $2.55 per share and beat expectations. The company also agreed to sell the 606-megawatt Brazos Valley Energy Center in ERCOT to LS Power for $860 million. Excluding the Salem and STP plants, Constellation said its owned nuclear fleet posted a 93.0% capacity factor.
3h ago
3h ago
Glanbia raises full-year profit outlook as GLP-1 users lift demand for protein products
Nutrition supplement maker Glanbia raised its full-year profit forecast after stronger demand for its protein products, including from consumers using them alongside GLP-1 weight-loss drugs. The company said it now expects adjusted earnings per share to grow 17% to 20% at constant currencies this year. Optimum Nutrition posted 25% sales growth in the first half and Glanbia has raised prices twice since November. It also expects whey costs to rise further, according to Reuters.
3h ago