Alcoa Set to Monetize Crypto's Energy Appetite with Sale of Dormant Smelter
Alcoa, the largest US aluminum producer, is on the verge of selling its idle Massena East smelter in upstate New York to New York Digital Investment Group (NYDIG), a Bitcoin firm, as it divests idle assets and capitalizes on the demand for energy-equipped industrial sites. According to CEO Bill Oplinger, advanced negotiations are underway, with the deal expected to be finalized mid-year, as repor…
April 18, 2026, 8:21 p.m.