Alcoa Set to Monetize Crypto's Energy Demand by Repurposing Smelting Facilities
Alcoa, the largest aluminum producer in the US, is on the verge of selling its dormant Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a bitcoin mining firm, as part of its strategy to divest idle assets and capitalize on the demand for industrial sites with readily available energy. According to Bloomberg, the company's CEO, Bill Oplinger, confirmed that ad…
April 18, 2026, 8:21 p.m.