THE MINING POD: TeraWulf’s $1.3B Raise, Riot’s $500 ATM, SMLR-ASST Merger, Beckham Bends Away from BTC

For today’s roundup, TeraWulf’s Fluidstack JV bags $1.3B and David Beckham’s Prenetics abandons its BTC strategy. Subscribe to the Blockspace newsletter! Welcome back to The Mining Pod! Today, Colin, Charlie, and Matt break down about the sharp decline in Bitcoin network hash rate and how Bitcoin narrowly dodged a "royal flush" of negative difficulty adjustments. We analyze Riot’s $500M ATM offering, TeraWulf’s latest financing for AI compute, and the Semler Scientific-Strive merger. Plus, for this week’s cry corner, David Beckham's Prenetics pivots away from its bitcoin treasury strategy. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes** * Hashprice under $40/PH/day * Riot opens $500M ATM offering * TeraWulf seeks $1.3B financing * SMLR chairman urges investors to vote yes on ASST merger * David Beckham’s Prenetics holds $44.8M in BTC Timestamps: 00:00 Start 01:46 Difficulty Report by Luxor 07:24 WULF TWO-FOR 13:12 Tailwinds in 2026 17:21 Riot’s $500M ATM 21:51 Cry corner: DATs dead? Beckham thinks so 👉CleanSpark, America's Bitcoin Miner! CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world. 👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute. 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!