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