The post Micron Data Center Margins Hit Record 87% in Q3 2026 appeared on BitcoinEthereumNews.com.
Micron Technology’s data center margins just hit a level that most software companies would envy. The chipmaker posted an 87% gross margin for its data center business in fiscal Q3 2026 — a 12 percentage-point jump from the prior quarter — signaling that the AI memory boom isn’t just a demand story anymore. It’s a pricing power story, and Micron is sitting at the center of it. Key takeaways Micron’s Compute and Data Center Business Unit hit an 87% gross margin in fiscal Q3 2026, up 12 percentage points quarter-over-quarter. The unit generated over $25 billion in quarterly revenue, placing it on an annualized run rate north of $100 billion. Micron has locked in 16 strategic customer agreements backed by roughly $22 billion in cash deposits, securing future supply commitments. Tight HBM supply is rippling into crypto infrastructure costs, particularly for compute-heavy operations like Ether
The post Backpack opens 24/7 trading for real U.S. equities to overseas investors appeared on BitcoinEthereumNews.com.
Crypto wallet and exchange, Backpack, has launched 24/7 trading for international investors, allowing the buying and selling of real U.S. shares, starting with SpaceX (SPCX), Micron Technology (MU), and SanDisk (SNDK). Now traders outside the U.S. who previously had to wait for Wall Street’s opening bell, or settle for derivative products, can have American stocks at their fingertips. According to the company’s announcement, buyers hold the actual securities they acquire, with each position backed one-to-one by shares kept in U.S. custody. Holders are also entitled to dividends and corporate actions, the same as any registered shareholder. Backpack brings U.S. tokenized securities Backpack’s tokenized securities platform draws liquidity from traditional exchanges to ensure prices are moving even when the markets are closed, making overnight and weekend trading possible
The Hampton City Council is leaving the door open for future data center development after hiring a consulting firm to help develop zoning policy to potentially accommodate them.
The post TeraWulf seeks $3.5B debt for Anthropic AI data center appeared on BitcoinEthereumNews.com.
Bitcoin mining and data center company TeraWulf is reportedly preparing to raise about $3.5 billion in debt to fund an artificial intelligence campus leased by Anthropic. Summary TeraWulf reportedly seeks $3.5 billion through leveraged loans and bonds for its Kentucky AI campus. Anthropic’s 20-year lease could generate about $19 billion as the facility reaches full capacity. The financing adds debt risk as TeraWulf shifts from Bitcoin mining toward contracted AI infrastructure revenue. The planned financing could include leveraged loans and high-yield bonds, according to a Bloomberg report. Morgan Stanley is expected to lead the transaction, which could launch later in 2026. TeraWulf considers first leveraged loan TeraWulf Chief Financial Officer Patrick Fleury reportedly said the company could enter the leveraged loan market for the first time as part of the financing package. Leverage
Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic.
The post Why Bitwise Says CLARITY Act Passage Marks the Bear Market Bottom appeared on BitcoinEthereumNews.com.
Bitwise named the CLARITY Act as one of the key catalysts for crypto markets in the third quarter, saying its passage could likely mark the bottom of the current bear market. The asset manager laid out four catalysts in its Q3 2026 report. It added that this quarter is make-or-break for the market structure bill. Why the CLARITY Act Tops Bitwise’s Q3 List The CLARITY Act has been one of the most-watched bills for the crypto sector. However, it has faced key hurdles, with two issues now stalling its progress. First, ethics provisions tied to the president’s family’s crypto interests have become a sticking point. Section 604, which shields non-custodial developers from money transmitter rules, has also drawn contested debate among lawmakers and law enforcement groups. Prediction markets put the odds of the bill passing in 2026 near 40%. That figure has fallen sharply from 75% i
Micron's robust margins highlight sustained demand in AI and crypto sectors, suggesting prolonged pricing power and strategic positioning advantages.
The post Micron Technology reports data center gross margin of 87% last quarter appeared first on Crypto Briefing.
The post Micron Technology (MU) Stock Surges on $3 Billion Domestic Chip Supply Initiative appeared on BitcoinEthereumNews.com.
Oliver Dale Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.
His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@blockonomi.com Source: https://blockonomi.com/micron-technology-mu-stock-surges-on-3-billion-domestic-chip-supply-initiative/
