Alcoa Set to Monetize Crypto's Energy Demand by Repurposing Smelting Facilities
Alcoa, the largest aluminum producer in the United States, is on the verge of selling its dormant Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a firm that mines Bitcoin, as the company seeks to offload idle assets and meet the growing demand for industrial sites with readily available energy infrastructure. According to Alcoa's CEO, Bill Oplinger, the neg…
April 18, 2026, 8:21 p.m.