Alcoa Set to Leverage Crypto's Energy Demand with Sale of Dormant Smelter
Alcoa, the largest US aluminum producer, is on the verge of selling its unused Massena East smelter in upstate New York to New York Digital Investment Group, a Bitcoin investment firm, as the company divests idle assets and meets the rising demand for industrial sites with readily available energy. According to Alcoa's CEO, Bill Oplinger, the company is engaged in advanced negotiations, with the …
April 18, 2026, 8:21 p.m.