From Industrial Decline to Digital Rise: Alcoa Set to Profit from Crypto's Energy Demand
Alcoa, the largest US aluminum producer, is on the verge of selling its dormant Massena East smelter in upstate New York to New York Digital Investment Group, a Bitcoin mining company, 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 deal is expected to be finalized by mid-year, a…
April 18, 2026, 8:21 p.m.