Alcoa Set to Monetize Crypto's Energy Demand with Sale of Idle Smelter
Alcoa, the largest aluminum producer in the US, is on the verge of selling its unused Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a leading Bitcoin firm, as it capitalizes on the growing demand for energy-intensive industrial sites. According to CEO Bill Oplinger, the company is in advanced negotiations and expects the sale to be finalized by mid-year, a…
April 18, 2026, 8:21 p.m.