Alcoa Set to Capitalize on Crypto's Energy Demand with Sale of Dormant Smelter
Alcoa, the largest aluminum producer in the United States, is on the verge of selling its unused Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a prominent Bitcoin mining firm, as part of its strategy to divest idle assets and capitalize on the growing demand for energy-intensive industrial sites. According to Alcoa's CEO, Bill Oplinger, the company is in a…
April 18, 2026, 8:21 p.m.