BlockMetrix is a datacenter development and operating company founded in 2021 and headquartered in Dallas, Texas, focused on high-performance computing (HPC) and blockchain infrastructure. The company specializes in building, owning, and operating data centers tailored for cryptocurrency mining (primarily Bitcoin) and other compute-intensive applications. BlockMetrix has pursued aggressive expansion in the U.S., including negotiations for joint venture co-location facilities in Texas with capacities of 100 MW (expandable to 200 MW). The company has raised significant funding (e.g., $43 million in Series B in 2022, bringing total to $50 million) to purchase mining rigs (targeting thousands of units), secure low-cost power through partnerships, and increase hashrate. BlockMetrix emphasizes professionalism, renewable energy where possible, security, and operational efficiency to support digital asset mining. The company has faced legal challenges (e.g., 2023 lawsuit against operators at certain sites), but continues to develop and operate facilities for Bitcoin mining. As of early 2026, BlockMetrix is active with ongoing datacenter operations, mining expansion, and infrastructure projects in the U.S.
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June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.




June 2026 Bitcoin Mining & AI Infrastructure Update: Kevin O’Leary scales back massive Utah AI project after political backlash, MARA transforms with $1.5B Ohio power plant acquisition, Bitdeer breaks ground on 100 MW Alberta gas-powered site, IREN accelerates Nvidia AI pivot, DMG signs 50 MW AI colocation LOI, plus regulatory moves in North Carolina, Riot patent lawsuit, Strategy’s $10.8B unrealized loss, and Cathie Wood’s $1.5M BTC target.


